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NB Residences 1

A 1 bed in NB Residences 1 costs a median AED 4.78M and rents long-let for AED 228,500/yr — from 1 sales and 4 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
1 in 12 months
Rental contracts · 1 bed
1 in 12 months
Buy
4.78MAED
AED 3,967/sqft
Long-let
228,500AED
AED 183/sqft · no yield
AED/yr/sqft
AED 183
Sales
1
Rental contracts
4
Renewal rent
AED 232,000/yr
12 months
-3.0%
3 years
+12.6%+4.0%/yr

Based on 1 sale and 4 rental contracts in the last 24 months. Rental data covers the whole Nb Residences project, not this tower alone. Thin sample — treat these figures as indicative.

NB Residences 1 is an apartment building in La Mer, Dubai, one of the towers in the Nb Residences development. The closest metro station is Trade Centre Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2017 to 2026, 68 registered sales in all — the 1 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 228,5001834
2 bedAED 520,00028010.20%
+4.6 pts
5

Deltas compare each yield with the La Mer median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 2 bed: Priced off the last 5 sales — most recent August 2025.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

DateTypeSqftPriceAED/sqft
30 Jul 20261 bed1,205AED 4,780,0003,967

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Trade Centre Metro Station
Mall
Dubai Mall
Landmark
Burj Khalifa

Compare with nearby buildings

The most-traded buildings in Nb Residences, on the same figures over the same window.

Common questions

How much does a 1 bedroom in NB Residences 1 cost?
The median registered sale price is AED 4.78M (3,967 AED/sqft), from 1 Dubai Land Department sale in the last 24 months. This is a price paid, not an asking price.
Did off-plan buyers in NB Residences 1 make money?
Units bought off-plan between 2017 and 2018 later resold +87.0% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.
How many apartments change hands in NB Residences 1?
1 sale was registered with the Dubai Land Department in the last 24 months, alongside 4 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to NB Residences 1?
Trade Centre Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

NB Residences 1 rental record

Record type
Building-level property market record
Data date
Evidence base
4 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/la-mer/nb-residences-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “NB Residences 1 rents and yield.” La Mer, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/la-mer/nb-residences-1.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.