Prestige One Residences, Madinat Dubai Almelaheyah

Sold Prices · DLD Data

Prestige One Residences

Madinat Dubai Almelaheyah, Dubai · Dubai Maritime City

AED 3,461

Avg Price / sqft

AED 3.7M

Avg Sale Price

47

DLD Sales Recorded

2.1%

Est. Gross Yield

Market snapshot

Prestige One Residences — the numbers

Prestige One Residences is a residential building in Madinat Dubai Almelaheyah, Dubai with approximately 220 units. Dubai Land Department records show 47 sales in the building, at an average price of AED 3.7M — around AED 3,461 per square foot.

Since January 2026, 45 sales completed in Prestige One Residences, with the average price per square foot moving from AED 4,061 to AED 3,335 (-17.9%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Madinat Dubai Almelaheyah, a typical unit in Prestige One Residences returns an estimated 2.1% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Dubai Almelaheyah.

Figures are from Dubai Land Department transaction records for Prestige One Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Dubai Almelaheyah residential rents, before service charges.

Price trend

Price trend in Prestige One Residences

Average sale price per sqft by month since January 2026 (single-sale months excluded)-17.9%

3,3793,6723,964Jan 26: AED 4,061/sqft · 2 salesJan 26Mar 26: AED 3,510/sqft · 6 salesMar 26Apr 26: AED 3,602/sqft · 3 salesApr 26May 26: AED 3,282/sqft · 4 salesMay 26Jun 26: AED 3,440/sqft · 6 salesJun 26Jul 26: AED 3,532/sqft · 4 salesJul 26Aug 26: AED 3,877/sqft · 2 salesAug 26Sep 26: AED 3,335/sqft · 18 salesSep 26

Unit types

Prices by unit type

1 Bed

AED 2.8M

AED 3,355/sqft

32 sales · last 12 months

2 Bed

AED 5.1M

AED 3,694/sqft

13 sales · last 12 months

3 Bed

AED 7.5M

AED 3,661/sqft

2 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
07 Oct 2026Sales1840AED 2.6MAED 3,095
30 Sept 2026Sales21,377AED 5.0MAED 3,613
30 Sept 2026Sales21,273AED 4.8MAED 3,808
30 Sept 2026Sales32,018AED 7.4MAED 3,679
30 Sept 2026Sales1906AED 2.6MAED 2,847
30 Sept 2026Sales21,345AED 4.7MAED 3,507
30 Sept 2026Sales1814AED 2.5MAED 3,040
30 Sept 2026Sales1803AED 2.5MAED 3,081
30 Sept 2026Sales1869AED 2.5MAED 2,859
30 Sept 2026Sales21,377AED 5.0MAED 3,627
29 Sept 2026Sales1841AED 2.7MAED 3,261
29 Sept 2026Sales1814AED 2.7MAED 3,368
29 Sept 2026Sales21,639AED 6.2MAED 3,770
29 Sept 2026Sales1906AED 2.7MAED 2,993
29 Sept 2026Sales21,345AED 4.7MAED 3,523
29 Sept 2026Sales1814AED 2.6MAED 3,216
29 Sept 2026Sales1803AED 2.6MAED 3,259
29 Sept 2026Sales1868AED 2.6MAED 3,043
22 Sept 2026Sales1906AED 3.2MAED 3,533
03 Aug 2026Sales21,209AED 5.0MAED 4,112

About the area

Prestige One Residences is in Dubai Maritime City

Dubai Maritime City is an innovative mixed-use development that blends residential, commercial, and recreational spaces, all set against a stunning waterfront backdrop. Strategically positioned between Port Rashid and Dubai Dry Docks, the community is particularly appealing to professionals, families, and investors seeking a modern coastal lifestyle with robust connectivity to the broader Dubai area.

Explore the Dubai Maritime City area guide

Nearby

Other buildings in Madinat Dubai Almelaheyah

FAQ

Prestige One Residences: frequently asked questions

What is the average price in Prestige One Residences?

The average recorded sale price in Prestige One Residences, Madinat Dubai Almelaheyah is AED 3.7M, around AED 3,461 per square foot, based on Dubai Land Department transaction data.

Are prices in Prestige One Residences going up or down?

Average sale prices in Prestige One Residences have eased -17.9% per square foot since January 2026, across 45 DLD-recorded sales.

What rental yield can I expect in Prestige One Residences?

Based on average Madinat Dubai Almelaheyah residential rents against sale prices in the building, a typical unit in Prestige One Residences yields roughly 2.1% gross per year, before service charges and fees.

How many properties have sold in Prestige One Residences?

47 sales have been recorded in Prestige One Residences according to DLD data, across approximately 220 units.

Considering Prestige One Residences?

Get honest, DLD-backed guidance on pricing, yields and availability in Madinat Dubai Almelaheyah from Binayah's advisors — no pressure, just the numbers.

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