New homes in Mr. C Residences Downtown start at AED 8,100,000; keys are due Mar 2027; you pay 20% to book, 10% while it is built and 70% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 51 off-plan sales of 2-bed apartments of 2,095 sq ft to 3,142 sq ft in MR.C RESIDENCES DOWNTOWN. Their median price is AED 3,803 per sq ft (about AED 8,462,000 at 2,225 sq ft). This project's from price is AED 3,640 per sq ft (AED 8,100,000 for its smallest home, 2,225 sq ft), 4% less.
Keys
Mar 2027
The developer's handover date
Payment plan
20 / 10 / 70
20% to book, 10% while it is built, 70% at the keys
Bedrooms
2 to 4 beds
Sizes
2,225 to 5,615 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 3,640 per sq ft
Similar off-plan homes: AED 3,803 per sq ft
RERA project
2476
Check it in Dubai REST, the Dubai Land Department's official app.
Built
50%
Being built. DLD register, Jun 12, 2026
Completion on the register
Jan 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
169
In 1 buildings
Paying for it
You pay 20% when you book, 10% as the building goes up, and 70% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 1,620,000
Jan 2027
While it is built
10%
AED 810,000
Mar 2027
Keys
70%
AED 5,670,000
Booking payment, 20%
AED 1,620,000
Dubai Land Department fee (Oqood), 4%
AED 324,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 1,944,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Alta Real Estate Developments for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 51 off-plan sales of 2-bed apartments of 2,095 sq ft to 3,142 sq ft in MR.C RESIDENCES DOWNTOWN, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in MR.C RESIDENCES DOWNTOWN sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 51 off-plan sales of 2-bed apartments of 2,095 sq ft to 3,142 sq ft in MR.C RESIDENCES DOWNTOWN, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 3,803 per sq ft
AED 3,432 to AED 3,650 per sq ft
11 sales
This project's from price is in this band.
AED 3,650 to AED 3,869 per sq ft
17 sales
AED 3,869 to AED 4,087 per sq ft
9 sales
AED 4,087 to AED 4,305 per sq ft
4 sales
AED 4,305 to AED 4,523 per sq ft
4 sales
AED 4,523 to AED 4,741 per sq ft
3 sales
AED 4,741 to AED 4,959 per sq ft
0 sales
AED 4,959 to AED 5,177 per sq ft
3 sales
AED 3,432 per sq ftAED 5,177 per sq ft
This project AED 3,640 per sq ft
Half of the sales sold for AED 3,662 to AED 4,140 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 3,432 to AED 3,650 per sq ft
11
AED 3,650 to AED 3,869 per sq ft
17
AED 3,869 to AED 4,087 per sq ft
9
AED 4,087 to AED 4,305 per sq ft
4
AED 4,305 to AED 4,523 per sq ft
4
AED 4,523 to AED 4,741 per sq ft
3
AED 4,741 to AED 4,959 per sq ft
0
AED 4,959 to AED 5,177 per sq ft
3
The 3 closest sales
Picked from the 51 similar sales above, closest in size to this project's smallest home.
Jan 2026AED 11,520,790AED 5,177 per sq ftMR.C RESIDENCES DOWNTOWN, 2,225 sq ft
Aug 2025AED 11,280,666AED 5,051 per sq ftMR.C RESIDENCES DOWNTOWN, 2,233 sq ft
May 2026AED 9,885,754AED 4,393 per sq ftMR.C RESIDENCES DOWNTOWN, 2,251 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Wasl in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
2-bed apartmentFrom AED 8,100,000 here
Off-plan medianAED 4,008,000AED 3,181 per sq ft
Sales323
4% below 51 similar sales
3-bed apartment
Off-plan medianAED 9,370,000AED 3,680 per sq ft
Sales189
4-bed apartment
Off-plan medianToo few sales for a median
Sales25
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
2.8%
Typical for similar ready homes
5.1%
Median rent of 2-bed apartments in Al Wasl
AED 230,000 a year
Rent contracts counted
411
Rented between
Apr 1, 2025 and Mar 31, 2026
2-bed apartment
AED 230,000 a year
3-bed apartment
AED 370,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 230,000 ÷ AED 8,100,000 = 2.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Burj Khalifa/Dubai Mall Metro Station250 m, 5 min walkMetro station
Mandarin Oriental2.5 km, 7 min driveBeach
Business Bay creek front1.8 km, 7 min driveWaterfront
Salma al Ansaria School1 km, 20 min walkSchool
Horizon English School2.1 km, 5 min driveBritish school
Al Ittihad Private School3.4 km, 9 min driveAmerican school
Jumeirah Baccalaureate School2.1 km, 6 min driveIB school
Alta Real Estate Developments is building Mr. C Residences Downtown, a branded project in Al Wasl with two- to four-bedroom apartments from AED 8,100,000 and a listed handover of March 2027. Its from price per square foot is 4.3% below 51 similar two-bedroom off-plan sales in the project over the 24 months to October 2026.
The Dubai Land Department lists 51 two-bedroom off-plan sales in this project over the 24 months to October 2026. The from price per square foot is 4.3% below their median. The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.
The plan is 20% on booking, 10% during construction and 70% at handover: AED 1,620,000, AED 810,000 and AED 5,670,000 at the from price. Separately, the 4% DLD fee comes to AED 324,000; ask when it is due. The listed handover is March 2027, about four months away, so ask for a construction update.
Homes range from about 2,225 to 5,615 sq ft in two collections: Signature, with two and three bedrooms, and Nobile, with four. One layout is also listed as 4.5 bedrooms, beyond the 2 to 4 bed range, so check the floor plans. The residences carry the Mr. C brand, and the listed finishes include Calacatta marble and Gaggenau appliances. Residents get indoor and outdoor pools, a gym with Technogym equipment, a spa and a golf simulator.
Monroe Medical Center is about 80 m away and Burj Khalifa/Dubai Mall Metro Station about 260 m, around a 5-minute walk. The nearest school is Salma al Ansaria School, about 1 km away. Horizon English School and Jumeirah Baccalaureate School are each about 2.1 km away, 5 to 6 minutes by car.
