Residences 16
Mohammed Bin Rashid City, Dubai · 9 floors
95 advertisements are live in Residences 16 — 42 for sale and 53 to rent. Sellers ask a median of 2,152 AED per square foot. The Dubai Land Department registered 4 sales here in the last twelve months at a median of 2,311 AED per square foot — what buyers actually paid, beside what is being asked today. 30 Ejari tenancy contracts put registered rent at 126 AED per square foot per year.
Advertised now
95
42 for sale · 53 to rent
Asking AED/sqft
2,152
median of the sale listings
Registered AED/sqft
2,311
4 DLD sales, to September 2026
Registered rent AED/sqft/yr
126
30 Ejari contracts
What each third of the tower asks
A high floor in a 9-storey building is a range, not a word.
| Band | Floors | Advertised | Asking AED/sqft |
|---|---|---|---|
| high | 7–9 | 6 | 2,201 |
| mid | 4–6 | 8 | 2,143 |
| low | 1–3 | 15 | 2,257 |
What the register recorded, month by month
Median registered price per square foot, by the month the sale was registered. A month with no sale is absent rather than zero — a building sells a handful of flats a year, and a line drawn to the axis on a quiet month reads as a collapse.
| Month | Registered sales | Median AED/sqft |
|---|---|---|
| 2025-10 | 1 | 2,958 |
| 2026-06 | 1 | 2,710 |
| 2026-09 | 2 | 1,870 |
The last registered sales
Each with its own date, because the register lags. These are prices buyers paid, not asking prices — and they carry no unit number: which flat sold is not ours to publish.
- 2026-09-15AED 3,250,0001,827/sqft3 BR
- 2026-09-07AED 1,425,0001,912/sqft1 BR
- 2026-06-09AED 2,020,0002,710/sqft1 BR
- 2025-10-23AED 5,000,0002,958/sqft3 BR
Registered sales by segment
Room count against the third of the tower, over twelve months. A sale the register did not place on a floor is counted apart rather than folded into the low band.
| Rooms | Band | Sales | AED/sqft |
|---|---|---|---|
| 1 | no floor | 2 | 2,311 |
| 3 | no floor | 2 | 2,392 |
Registered tenancies by segment
Ejari contracts, per square foot per year — what tenants signed, not what landlords are asking.
| Rooms | Band | Contracts | AED/sqft/yr |
|---|---|---|---|
| 1 | low | 43 | 139 |
| 1 | mid | 18 | 149 |
| 2 | low | 5 | 180 |
| 2 | mid | 2 | 186 |
| 3 | low | 2 | 182 |
Questions about Residences 16
- How many flats are for sale in Residences 16?
- 42 of the 95 advertisements we currently hold in Residences 16 are for sale, and 53 are to rent. The same flat can be advertised by several agencies, so the number of distinct flats is lower.
- What does Residences 16 cost per square foot?
- Sellers are asking a median of 2,152 AED per square foot across the sale listings in Residences 16. That is what is being asked today, not what buyers have paid.
- What has actually sold in Residences 16?
- 4 sales were registered with the Dubai Land Department in the twelve months to September 2026, at a median of 2,311 AED per square foot, which puts today's asking prices 6.9% below the last recorded prices.
- What does a flat in Residences 16 rent for?
- 30 tenancy contracts registered with Ejari have a median of 126 AED per square foot per year.
- How many floors does Residences 16 have?
- The listings report 9 floors. Floors 7 to 9 are its top third, and they hold 6 of the advertisements.
- How much does a flat in Residences 16 cost?
- Asking prices on the sale listings run from AED 1.52M to AED 5.10M. That is the range of what is being asked in the building right now, not an estimate of what a particular flat is worth.
- Is a high floor in Residences 16 worth more?
- Floors 7–9 ask a median of 2,201 AED per square foot against 2,257 on floors 1–3 — 2.5% less. Both are asking prices, and the gap is what sellers believe the view is worth rather than what a buyer paid for it.
- What yield does Residences 16 give?
- Registered rent of 126 AED per square foot per year against today's asking 2,152 AED per square foot is a gross yield of 5.9%. Gross means before service charge, agency fee, vacancy and everything else a real return subtracts.
- When was the last sale registered in Residences 16?
- The most recent registration we hold is dated September 2026 at AED 3.25M (1,827 AED per sqft) for a 3-bedroom flat. The register lags the market by weeks, so this is the newest fact rather than today's price.
- What layouts does Residences 16 have?
- The advertisements in Residences 16 cover 1-bedroom flats, 2-bedroom flats, 3-bedroom flats.
Other buildings in Mohammed Bin Rashid City
Which flat, on which floor, and who is selling it
This page is about the building. The unit numbers, the floor each listing is on, the agency behind it and our valuation of every flat are in the Refty workspace.
Open Residences 16 in Refty