- From
- AED 890K
- ≈ $242K
- Handover
- Q1 2029
- Homes
- Studio to 2 bed
- 395 – 1,186 sqft
Price per sqft vs registered sales
Dubai Land Department open dataAED 1,750/sqft (est.)
The DLD median for apartments in Discovery Gardens is AED 932/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 50 was scored
5 of 7 factors · 85% of the weight · 24 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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Score card (1080 × 1350, for posting).
The full working behind the 50
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2029
Under construction
What this means
Richmond District is due to hand over in Q1 2029. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
10/35/5 + 50 post-handover
- Down payment
- 10%
- During construction
- 35%
- On handover
- 5%
- After handover
- 50%
What you’d pay and when
On the starting price of AED 890,000, as the plan splits it.
- 10% at bookingAED 89,000≈ $24.2K
- 35% during construction, until handover (Q1 2029)AED 311,500≈ $84.8K
- 5% on handover (Q1 2029)AED 44,500≈ $12.1K
- 50% after handover (Q1 2029)AED 445,000≈ $121K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Part of the price is paid after the keys. How post-handover payment plans work, and which other projects offer one.
Unit types
from AED 890KStudio
from 395 sqft
1 bed
from 718 sqft
2 bed
from 1,186 sqft
Apartment · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | Studio | from 395 | AED 890K | AED 2,253 |
| Apartment | 1 bed | from 718 | AED 1.5M | AED 2,092 |
| Apartment | 2 bed | from 1,186 | AED 2.08M | AED 1,750 |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for Richmond District. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/mira-developments/richmond-district), read 2026-09-24; found in the Dubai web sweep.
About
Richmond District is Mira's apartment tower in Discovery Gardens, Dubai, with studios to two-bedroom apartments from about 395 to 1,186 sq ft.
Read more
Prices start at AED 890,000 on a 10% booking, 35% during construction, 5% on handover and 50% after handover plan, with handover listed for the first quarter of 2029.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Mira apartment tower in Discovery Gardens
- Studios to two-bedroom apartments from 395 sq ft
- 10/35/5/50 post-handover payment plan
- Handover Q1 2029
- Developer
- Mira Developments
- Status
- Under construction
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
Discovery Gardens · Dubai
Apartment community beside Al Furjan and Ibn Battuta.
More in Discovery Gardens
Compare side by sideAll projects in Discovery GardensRichmond District: questions buyers ask
How much does Richmond District cost?
Prices at Richmond District start from AED 890,000 (about $242K) for studios, 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Richmond District?
The asking price is around AED 1,750 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Richmond District handover date?
Richmond District is expected to hand over in Q1 2029. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Richmond District payment plan?
Richmond District is offered on a 10/35/5 + 50 post-handover plan: 10% on booking, 35% during construction and 5% at handover, with 50% spread after you get the keys. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Richmond District?
Richmond District scores 50 of 100 on the Rendr Score, weak, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Discovery Gardens according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Richmond District?
Richmond District is being developed by Mira Developments. It sits in Discovery Gardens, Dubai. You can see every project by Mira Developments we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Richmond District?
Richmond District is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Richmond District registered with DLD?
We do not yet hold a project registration number for Richmond District. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/mira-developments/richmond-district), read 2026-09-24; found in the Dubai web sweep
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