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 Nov 9, 2026, Dubai Land Department recorded 116 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai South Residential District. Their median price is AED 1,463 per sq ft (about AED 654,000 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), 12% 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
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,633 per sq ft
Similar off-plan homes: AED 1,463 per sq ft
RERA project
3441
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Nov 11, 2026
Completion on the register
Dec 2027
When we started recording it on Jun 12, 2026 it was May 2027. It has moved once since, by 7 months in total.
Escrow account
بنك الفجيره الوطنى ش م ع
The bank that holds your payments
Registered homes
56
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
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
Paid by then
NowBooking · 20%
Booking
20%
AED 145,957+ AED 29,191 DLD fee
AED 175,148
Feb 2027While it is built · 6%
While it is built
6%
AED 43,787
AED 218,935
Apr 2027While it is built · 6%
While it is built
6%
AED 43,788
AED 262,723
Jul 2027While it is built · 6%
While it is built
6%
AED 43,787
AED 306,510
Sep 2027While it is built · 6%
While it is built
6%
AED 43,787
AED 350,297
Dec 2027Keys · 56%
Keys
56%
AED 408,680
AED 758,977
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
Total costPrice plus the DLD fee
AED 758,977
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.
A mortgage at the keys
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. "Rent and yield" below gives the figure for this project.
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 116 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai South Residential District, from Nov 10, 2025 to Nov 9, 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 116 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai South Residential District, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,463 per sq ft
AED 748 to AED 879 per sq ft
19 sales
AED 879 to AED 1,010 per sq ft
1 sale
AED 1,010 to AED 1,141 per sq ft
1 sale
AED 1,141 to AED 1,272 per sq ft
7 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
33 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 1,294 to AED 1,644 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
19
AED 879 to AED 1,010 per sq ft
1
AED 1,010 to AED 1,141 per sq ft
1
AED 1,141 to AED 1,272 per sq ft
7
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
33
AED 1,664 to AED 1,795 per sq ft
21
The 3 closest sales
Picked from the 116 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
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
12% above 116 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
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5.8%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.7%
Typical gross yield of similar ready homes
9%
Median rent of studio apartments in Dubai South
AED 42,000 a year
Service charge a year, from the keysThe area median, AED 14 per sq ft from 9 buildings, as of 2023, for the smallest home (447 sq ft)
AED 6,258
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 11.6% above 116 similar sales in Dubai South Residential District over the 12 months to November 2026, and 56% of the price is due at handover.
Compare before you book. The from price per square foot is 11.6% above 116 similar sales in Dubai South Residential District over the 12 months to November 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 the developer 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
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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 only.
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 11.6% above 116 similar sales in Dubai South Residential District over the 12 months to November 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.
