Sera 1: off-plan project in Mina Rashid

Sera 1 is an off-plan residential apartment project in Mina Rashid, registered with the Dubai Land Department as project no. 4031 and developed by Mina Rashid Properties L.L.C. From October 16, 2025 to October 16, 2026, 34 off-plan sales were registered there at a median price of AED 2,266,388 (AED 2,818 per sq ft); 80% of sales fall between AED 2,124,088 and AED 3,457,088.

  • 34off-plan sales in 12 months
  • AED 2,266,388median sale price
  • AED 2,818median price per sq ft
  • 0%construction progress (DLD)
  • November 2029end date in the register
  • 203registered units

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.

What the figures say

  • Positioning: at AED 2,818 per sq ft, Sera 1 is in line with the median of off-plan sales across the 7 projects tracked in Mina Rashid (AED 2,928 per sq ft), and 59.4% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
  • Sales pace: 34 off-plan sales in 7 months since the first registered sale (March 2026), about 5 a month; number 5 by sales in Mina Rashid over the period.
  • Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end November 2029.
  • Profile: a concentrated project, 82.4% of sales are the same unit type (apartment · 1 bedroom).

Sera 1: official project sheet

Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.

ItemDLD register
DLD project number4031
Registered developerMina Rashid Properties L.L.C (developer no. 1275)
Community (master project)Mina Rashid
DLD areaMadinat Dubai Almelaheyah
Register statusnot started
Construction progress0%
Project startFebruary 26, 2026
Planned endNovember 30, 2029
Registered units203 units
Buildings3
Escrow accountescrow agent registered with the DLD for this project

Source: Dubai Land Department project register (open data), as of 15/06/2026.

Sera 1 off-plan prices by unit type

Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 1 bedroom, at a median AED 2,166,888.

Unit typeSalesMedian priceRange (AED)Median sizePrice / sq ft
Apartment · 1 bedroom28AED 2,166,8882,122,588 – 2,366,08871 m² (764 sq ft)AED 2,813
Apartment · 2 bedrooms6AED 3,462,3883,417,888 – 3,518,888112 m² (1,206 sq ft)AED 2,861

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.

Sales by unit type

Apartment · 1 bedroom: 82.4% of off-plan sales, with a median size of 71 m² (70 to 72 m² for 80% of them).

  • Apartment · 1 bedroom: 82.4% (28 sales)
  • Apartment · 2 bedrooms: 17.6% (6 sales)

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

Sera 1 off-plan price by quarter

QuarterOff-plan salesMedian / sq ftChange
Q1 20263AED 2,979—
Q2 202629AED 2,820—

Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.

Rents in Mina Rashid

To gauge the rental market around Sera 1: annual rents of Ejari contracts registered in Mina Rashid over the last 12 months (109 contracts).

Unit typeContractsMedian annual rentMiddle 50% range
Apartment · 1 bedroom37AED 70,00067,750 – 80,000
Apartment · 2 bedrooms64AED 110,000100,000 – 120,000

To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.

Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.

Where is Sera 1?

Sera 1 is in Mina Rashid (DLD area Madinat Dubai Almelaheyah), Dubai.

View Sera 1 on Google Maps

Further reading

Other off-plan projects in Mina Rashid

Same budget elsewhere in Dubai (around AED 2,266,388)

Projects presented by Cevitas

Off-plan projects in Dubai · Dubai property prices by area

Frequently asked questions

How much does a home at Sera 1 cost?

Over the last 12 months, the 34 off-plan sales registered with the DLD show a median price of AED 2,266,388, or AED 2,818 per sq ft; 80% fall between AED 2,124,088 and AED 3,457,088. The developer's current prices are on its price list.

When will Sera 1 be completed?

In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of November 30, 2029. The handover date is confirmed by the developer.

Who is the developer of Sera 1?

The DLD register lists Mina Rashid Properties L.L.C (developer no. 1275).

What unit types are sold at Sera 1?

Off-plan sales over the last 12 months cover: apartment · 1 bedroom (28), apartment · 2 bedrooms (6). Best-selling type: apartment · 1 bedroom, at a median AED 2,166,888 for 71 m².

How do I get the Sera 1 price list and payment plan?

Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.

Sources and method

Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).

Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.

Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.