New homes in One By Preston start at AED 729,786; keys are due Dec 2027; you pay 20% to book, 24% while it is built and 56% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 114 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai South Residential District. Their median price is AED 1,530 per sq ft (about AED 684,000 at 447 sq ft). This project's from price is AED 1,633 per sq ft (AED 729,786 for its smallest home, 447 sq ft), 7% more.
Keys
Dec 2027
The developer's handover date
Payment plan
20 / 24 / 56
20% to book, 24% while it is built, 56% at the keys
Bedrooms
Studio to 2 beds
Sizes
447 to 1,229 sq ft
Ownership
Freehold
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 1,633 per sq ft
Similar off-plan homes: AED 1,530 per sq ft
RERA project
3441
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
May 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الفجيره الوطنى ش م ع
The bank that holds your payments
Registered homes
56
In 1 buildings
Paying for it
You pay 20% when you book, 24% as the building goes up, and 56% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 145,957
Feb 2027
While it is built
6%
AED 43,787
Apr 2027
While it is built
6%
AED 43,787
Jul 2027
While it is built
6%
AED 43,787
Sep 2027
While it is built
6%
AED 43,787
Dec 2027
Keys
56%
AED 408,680
Booking payment, 20%
AED 145,957
Dubai Land Department fee (Oqood), 4%
AED 29,191
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 175,148
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.
Buildings in this area paid a median of AED 14 per sq ft a year in 2023, from 9 buildings on the Dubai Land Department register. For the smallest home (447 sq ft) that is about AED 6,000 a year.
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 114 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai South Residential District, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in One By Preston sold in 24 months, so we compare with off-plan sales across Dubai South Residential District.
Dubai Land Department recorded 114 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai South Residential District, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,530 per sq ft
AED 748 to AED 879 per sq ft
17 sales
AED 879 to AED 1,010 per sq ft
1 sale
AED 1,010 to AED 1,141 per sq ft
0 sales
AED 1,141 to AED 1,272 per sq ft
6 sales
AED 1,272 to AED 1,402 per sq ft
24 sales
AED 1,402 to AED 1,533 per sq ft
10 sales
AED 1,533 to AED 1,664 per sq ft
35 sales
This project's from price is in this band.
AED 1,664 to AED 1,795 per sq ft
21 sales
AED 748 per sq ftAED 1,795 per sq ft
This project AED 1,633 per sq ft
Half of the sales sold for AED 1,327 to AED 1,645 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 748 to AED 879 per sq ft
17
AED 879 to AED 1,010 per sq ft
1
AED 1,010 to AED 1,141 per sq ft
0
AED 1,141 to AED 1,272 per sq ft
6
AED 1,272 to AED 1,402 per sq ft
24
AED 1,402 to AED 1,533 per sq ft
10
AED 1,533 to AED 1,664 per sq ft
35
AED 1,664 to AED 1,795 per sq ft
21
The 3 closest sales
Picked from the 114 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 400,000AED 895 per sq ftOne By Preston, 447 sq ft
Apr 2026AED 682,319AED 1,533 per sq ftOASIS RESIDENCES, 445 sq ft
Feb 2026AED 675,309AED 1,517 per sq ftOASIS RESIDENCES, 445 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 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 Dubai South 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
Studio apartmentFrom AED 729,786 here
Off-plan medianAED 650,000AED 1,757 per sq ft
Sales6,181
7% above 114 similar sales
1-bed apartment
Off-plan medianAED 1,186,000AED 1,599 per sq ft
Sales4,465
2-bed apartment
Off-plan medianAED 1,865,000AED 1,555 per sq ft
Sales2,463
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
5.8%
Typical for similar ready homes
9%
Median rent of studio apartments in Dubai South
AED 42,000 a year
Rent contracts counted
850
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 42,000 a year
1-bed apartment
AED 58,500 a year
2-bed apartment
AED 85,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 42,000 ÷ AED 729,786 = 5.8%. 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
Greenfield International School6.1 km, 22 min driveSchool
South View School7.7 km, 18 min driveBritish school
One By Preston is a Preston Properties apartment building in Dubai South, with studios to 2-bedroom homes from AED 729,786 and handover listed for December 2027. The price check puts the from price per square foot 6.7% above 114 similar sales in Dubai South Residential District over the 12 months to October 2026, and 56% of the price is due at handover.
Compare before you book. The from price per square foot is 6.7% above 114 similar sales in Dubai South Residential District over the 12 months to October 2026, so ask for the price per square foot of your unit and set it against other studios in the area.
The listing shows 20% on booking, 24% during construction and 56% on handover. At the from price that is about AED 146,000 to book, AED 175,100 during the build and AED 408,700 at handover, listed for December 2027, about 13 months away. Separately, the 4% DLD fee comes to AED 29,191; ask when it is due. The developer has also quoted a four-part plan, so ask for the current payment plan in writing.
Homes run from studios to two bedrooms, from 447 to 1,229 sq ft; check the floor plan of the unit you want. Residents share a children's pool, an infinity swimming pool, covered parking, a gym and a children's play area.
By our map, Alnoor South Polyclinic is about 180 m away. Greenfield International School is about 6.1 km away (22 minutes by car by our estimate), South View School about 7.7 km and Expo 2020 Metro Station about 8.1 km, about 25 minutes by car. Jumeirah Lakes Towers and JBR beach are each about 35 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Dubai South, over the 12 months to each dateUp 3% from Dec 2024 to Sep 2026.
Dec 2024AED 1,703 per sq ft
Sep 2026AED 1,757 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,757 per sq ft
6,181 sales
Jun 2026
AED 1,727 per sq ft
3,699 sales
Mar 2026
AED 1,685 per sq ft
1,781 sales
Dec 2025
AED 1,708 per sq ft
1,614 sales
Sep 2025
AED 1,719 per sq ft
1,834 sales
Jun 2025
AED 1,720 per sq ft
1,639 sales
Mar 2025
AED 1,699 per sq ft
1,253 sales
Dec 2024
AED 1,703 per sq ft
1,058 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who is developing One By Preston?
Preston Properties. The homes are freehold.
How does the price compare with Dubai South Residential District?
The from price per square foot is 6.7% above 114 similar sales in Dubai South Residential District over the 12 months to October 2026.
How much do I pay at handover?
56% of the price, about AED 408,700 at the from price. Before that come about AED 146,000 on booking and AED 175,100 during construction. Separately, the 4% DLD fee comes to AED 29,191; ask when it is due.
What sizes are available?
The listing gives 447 to 1,229 sq ft for studios to two bedrooms. Ask for the floor plan of your unit.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
When is handover?
The listed handover is December 2027. Ask Preston Properties for a construction update before you pay.
