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The Residences

Za ́Abeel Second, Dubai · Dubai International Financial Centre

Price from AED 2,980,000

Project facts

Emirate
Dubai
Status
Under construction
Handover
Q4 2029
Price per m²
AED 35,557
Units
549
Floors
25
Project area
56,677 m²
Project type
Residential building
Ownership
Freehold
Escrow account
FAB Bank
Service charge
1,076 AED per m² per year

Floor plans and prices

TypeAvailableAreaPrice
1 bedroom83 m² (895+ sq ft)AED 2,980,000
2 bedrooms134 m² (1,438+ sq ft)AED 4,750,000
3 bedrooms176 m² (1,896+ sq ft)AED 7,300,000

Developer payment plan

  • 7.5%on booking
  • 62.5%during construction
  • 30%on handover

On top of the price: DLD fee 4%

About the project

The Residences is a new residential project under construction in Za ́Abeel Second, Dubai, developed by Dubai International Financial Centre. Handover is scheduled for Q4 2029. The buildings will contain 549 units across 25 floors, and homes are sold as freehold.

Apartments and duplex penthouses

Homes will range from one to three bedroom apartments to two level penthouses with three or four bedrooms. A one bedroom unit starts at 83.15 m² and 2,980,000 AED; two bedrooms start at 133.59 m² and 4,750,000 AED; three bedrooms start at 176.14 m² and 7,300,000 AED. In the first tower, duplexes will occupy floors 24 and 25; in the second tower, floors 20 and 21. Duplex levels will differ in size, with the large balcony on the lower level.

Price and payment plan

Prices start from 2,980,000 AED, at 35,557 AED per m². The payment plan is 7.5% on booking, 62.5% during construction and 30% on handover. The service charge is 1076.39 AED per m² a year.

Amenities

The amenities include a lobby, lounge areas, coworking spaces, a pedestrian trail, a swimming pool and a padel court. The buildings will sit within the Inner Circle, a continuous 2 km landscaped green loop through the district with fitness and recreation areas, pop up shops and art installations. The towers are placed so both have easy access to the Inner Circle, and the architecture has a sculptural facade. Panels on the facades will frame panoramic city views from the apartments.

The district

The Residences will be the first residential buildings in DIFC Zabeel District, which Dubai International Financial Centre is building as an extension of its financial centre. Plans for the district include offices, an AI campus and an Art Pavilion. The area will be developed in six phases.

Amenities

  • Coworking
  • Lobby
  • Lounge area
  • Padel court
  • Pool
  • Walking trail

Location

Za ́Abeel Second, Dubai. Open on the map

Questions and answers

How much does a home in The Residences cost?

Prices start from AED 2,980,000.

When is the handover of The Residences?

The planned handover date is Q4 2029.

Who is the developer of The Residences?

The project is developed by Dubai International Financial Centre.

What is the payment plan for The Residences?

7.5% on booking · 62.5% during construction · 30% on handover.

Where is The Residences located?

Za ́Abeel Second, Dubai.

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