Cube Residences Meydan Dubai

Cube Residences is Amwaj Development's seven-storey, 54-home building in Meydan District 11, inside Mohammed Bin Rashid City. The mix is unusually narrow: 48 one-bedroom apartments and six two-bedroom apartments, all sold fully furnished, sized from about 708 to 1,695 sq ft. Marketing pages price it from AED 1.3 million (about Rs 3.35 crore), on a 50/50 payment plan with a 20% booking.

Two numbers on this project do not agree across sources, and both matter. The starting price is printed as AED 1.2 million on some pages and AED 1.3 million on others, a spread of about 8%. The handover is printed as Q4 2026 on most pages and Q1 2027 on the most recent update, while a construction bulletin dated August 2026 put the building at 50% complete. This page prints both figures, works the cost out on the higher one, and says which document settles each.

At a glance

Price and unit pricing

The two starting prices differ by AED 100,000, which is about 8% of the entry ticket. Both come from agency and marketing pages rather than from a published developer price list, so neither settles it. The document that settles it is Amwaj's own price list for the specific unit number, and then the sale and purchase agreement. Ask for both in writing before you pay anything, and check that the figure you are quoted is for a furnished unit, because the furniture package is part of what this building sells.

On rate, the building sits inside its district rather than above it. District 11 was guided at AED 1,200 to 2,400 per sq ft in 2026, and AED 1,834 per sq ft at the smallest one-bedroom is mid-band. What that buys is a 54-home building with furniture and white goods included, a different product from a tower shell at the same rate — though no source publishes what the furniture package is worth.

Payment plan and total cost

50/50: 20% on booking, 30% in construction instalments, 50% at handover. There is no post-handover tail in the plan the sources print, so half the money is due on the day you get the keys. Worked on the AED 1.3 M figure:

The 50% due at handover is the part to plan for: AED 650,000 (about Rs 1.67 crore) in one payment, from your own funds or a UAE mortgage arranged before completion. UAE banks typically lend non-residents 50% to 60% of the price.

On running cost, building service charges in Meydan averaged AED 14 to 18 per sq ft a year in August 2026. On a 709 sq ft one-bedroom that is roughly AED 9,900 to 12,800 a year, before chilled-water and utility charges. Amwaj has not published this building's own budget, and a seven-storey block with a rooftop pool, a sauna and a gaming room is not a cheap one to run for 54 homes, because the same plant is shared by fewer owners.

Location and connectivity

District 11 is a low-density freehold pocket of Mohammed Bin Rashid City where Dubai-Al Ain Road meets Sheikh Mohammed bin Zayed Road. Area guides put Downtown Dubai and the Burj Khalifa at 15 to 20 minutes by car and Dubai International Airport at about 20 minutes. There is no metro station inside District 11 or the wider eastern MBR City cluster, so the area is car-dependent; the nearest stations quoted are about 10 minutes away.

The district has GEMS Heritage and Hartland International School inside it, Meydan Racecourse beside it, and parks and lagoons through the master plan. The unfinished part is Meydan One Mall, planned with over 600 shops and 100 food outlets and still being built; buy on what is there today.

For what else sits in this part of Dubai, see Azizi Riviera in Meydan One, the delivered community a few minutes away, and its Phase 3 stock, which is the nearest ready comparison for a one-bedroom here. Every project we track in the emirate is listed on all Dubai projects, and the full list across our markets is on the projects page.

Amenities and specifications

The building is sold fully furnished: a fitted kitchen with white goods, smart furniture and a smart home system in every apartment. A furnished one-bedroom can be let the week after handover with no fit-out budget, which is the core of the pitch.

Shared amenities are split between the ground floor and the roof. The ground floor carries a co-working space, a residents' lounge, a concierge reception desk and 24/7 security. The rooftop carries the pool, a fitness club, a sauna with showers and a gaming room. No source publishes the parking allocation per apartment, the appliance brands, the furniture specification or the service-charge budget. Final specification as per the sale and purchase agreement.

About the developer

Amwaj Development is a young Dubai developer concentrated in Meydan District 11. Its two named projects are this one and Gate Eleven Residences, a 182-home, four-building scheme on Al Ain Road scheduled for completion on 31 March 2028. A construction bulletin published in 2026 put Cube Residences at 50% complete and Gate Eleven's overall structure at 70% with blockwork at 15%.

What the sources do not show is a single delivered building. We found no completed project, no handover record and no DLD delivery statistics for Amwaj in the material we checked. That is not an accusation — every developer has a first handover — but it is the fact that should shape how you buy here. There is no track record to lean on, so the escrow account, the DLD project registration and the construction-progress figure on the Dubai REST app are doing all the work of protecting your money. Check each one yourself.

For Indian buyers

Ownership. District 11 is freehold, so a buyer of any nationality owns the apartment outright and the Dubai Land Department issues the title deed in their own name. There is no local partner, no residence requirement to buy and no annual property tax in the UAE; a residential sale does not attract VAT either, so the government cost of purchase is the 4% DLD transfer fee — AED 52,000 on the AED 1.3 M price — plus registration trustee and Oqood fees. Budget about 5% to 6% over the price for everything.

Getting the money there. An Indian resident remits under the Liberalised Remittance Scheme, which allows USD 250,000 per person per financial year. At AED 1.3 M the purchase is about USD 354,000: one buyer needs two financial years, a couple can do it inside one. Booking plus construction instalments is about USD 136,000, inside a single allowance.

Golden Visa. The threshold is AED 2 million of property. A one-bedroom here at AED 1.2 to 1.3 M does not reach it. The two-bedroom apartments at 1,316 to 1,695 sq ft might, but no source prints their price, so ask before you assume a visa comes with the purchase.

Yield and exit. One-bedroom stock in the wider Meydan One area was reported at 6.5% to 7.6% gross in August 2026. On AED 1.3 M that implies roughly AED 84,500 to 98,800 of rent, or 5.5% to 6.5% net after service charges. A furnished unit lets faster and suits short lets. On exit, the building holds 48 near-identical one-bedrooms, so several owners listing at once compete with each other. Rent and any later gain are taxable in India for an Indian tax resident, with credit for UAE tax that is nil in practice.

Pros

• Fully furnished with a fitted kitchen, white goods and a smart home system — no fit-out budget after handover
• Only 54 homes in seven storeys, so lifts, the pool and the gym are shared by very few people
• AED 1,834 per sq ft on the entry unit sits mid-range for District 11's AED 1,200 to 2,400 band
• The building was reported 50% complete in August 2026, so this is not a hole in the ground
• 50/50 keeps only half the money at risk before the keys, with a 20% booking rather than a 30% one
• District 11 has schools, parks and Meydan Racecourse inside or beside it, and Downtown is 15 to 20 minutes

Cons

• Amwaj has no delivered building on record in the sources checked — this would be among its first handovers
• The starting price is printed as both AED 1.2 M and AED 1.3 M, an 8% spread nobody reconciles
• Handover is printed as Q4 2026 and Q1 2027, and a build at 50% in August 2026 does not finish in Q4 2026
• 50% falls due on handover with no post-handover tail, so the largest payment arrives all at once
• 48 of 54 homes are one-bedrooms, so resale and rental supply inside the building is concentrated
• No metro in District 11 and Meydan One Mall is still under construction
• No source publishes the DLD project number, the escrow bank or the service-charge budget

Who this is for

• Investors who want a furnished, lettable one-bedroom with no fit-out work after handover
• Buyers who prefer a 54-home building to a tower and are comfortable with a new developer
• People who can pay 50% at handover from savings or a pre-arranged UAE mortgage
• End users who want District 11's schools and 15 to 20 minute run to Downtown

Who should look elsewhere

• Anyone who needs a delivery record before paying a developer a booking amount
• Buyers who want the AED 2 M Golden Visa from a one-bedroom purchase
• Buyers who need a long post-handover plan rather than a 50% lump at the keys
• Anyone who wants a metro-connected address or a finished mall on the doorstep today

Our verdict

Cube Residences is a small, furnished, sensibly priced building in a district that works, from a developer with nothing delivered yet. The product is coherent: 54 homes, mostly one-bedrooms, furnished to let, at a rate that sits inside District 11's own range rather than above it. The risk is entirely on the developer side, and it is not hedged by the plan, because 50% lands at handover. Buy it if the escrow account, the DLD project registration and the progress figure check out and you are content to be one of Amwaj's first owners. Get the price confirmed in writing first, because AED 1.2 M and AED 1.3 M are both in print for the same apartment.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Cube Residences?

Marketing pages print two starting figures: AED 1.2 million and AED 1.3 million (about Rs 3.09 crore and Rs 3.35 crore) for a one-bedroom of about 709 sq ft. Neither comes from a published developer price list. Ask Amwaj for the price list by unit number, and confirm the figure is for the furnished apartment.

What is the payment plan?

A 50/50 plan: 20% on booking, 30% in construction instalments and 50% at handover. On AED 1.3 M that is AED 260,000 on booking, AED 390,000 through construction and AED 650,000 at the keys, plus the 4% DLD transfer fee of AED 52,000. The sources show no post-handover instalments.

When is the handover?

Most pages print Q4 2026; the most recent update prints Q1 2027. A construction bulletin dated August 2026 put the building at 50% complete, which makes Q1 2027 the more plausible of the two. Get the completion date written into the sale and purchase agreement and track progress on the Dubai REST app.

Who is Amwaj Development?

A young Dubai developer working in Meydan District 11. Its named projects are Cube Residences and Gate Eleven Residences, a 182-home scheme due 31 March 2028. We found no completed and handed-over project for Amwaj in the sources checked.

Is it registered with the Dubai Land Department?

It is sold as a DLD-registered off-plan project with a DLD-approved escrow account, but none of the sources we checked prints the project number or names the escrow bank. Verify both on the Dubai REST app before paying a booking amount.

How much are the service charges?

Amwaj has not published a figure. Meydan building service charges averaged AED 14 to 18 per sq ft a year in August 2026, which is roughly AED 9,900 to 12,800 on a 709 sq ft apartment, before chilled water and utilities. Ask for the budgeted rate before you sign.

What rental yield can I expect?

One-bedroom stock in the wider Meydan One area was reported at 6.5% to 7.6% gross in August 2026. On AED 1.3 M that implies about AED 84,500 to 98,800 a year, or roughly 5.5% to 6.5% net after service charges. A furnished unit should let faster and suits short-let operation.

Does it qualify for a Golden Visa?

Not at the one-bedroom price. The threshold is AED 2 million of property and the entry unit is AED 1.2 to 1.3 million. The two-bedroom apartments of 1,316 to 1,695 sq ft may clear it, but no source publishes their price — ask before counting on it.

Can an overseas buyer own here?

Yes. District 11 is freehold and open to every nationality, resident or not, with the title deed issued by the Dubai Land Department in your own name. An Indian resident funds it under the Liberalised Remittance Scheme, which allows USD 250,000 per person per financial year; the AED 1.3 M price is about USD 354,000, so a couple can cover it inside one year.

Want Amwaj's price list by unit number, the completion date from the sale and purchase agreement and a comparison with ready one-bedrooms in Meydan One? Ask Realty Hunting and we will send them.

Compare with other Dubai projects

Also in Meydan: Riverton House (from AED 2 M, handover 2028), Mansory Residences (from AED 2.1 M, handover 2028), Samana Rome (from AED 2.1 M, handover 2028) and Knightsbridge (from AED 7.9 M, handover 2027).

A similar budget elsewhere in Dubai: Lacina Residences (from AED 1.3 M, handover 2028), Sobha City (from AED 1.31 M, handover 2029) and Avenue Residence 8 (from AED 1,315,060, handover 2026).

Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.