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Off-plan building · NED INVESTMENTS

03 Residence By Ned Al Ghurair, Al Barsha South Fifth

Highlights

03 Residence By Ned Al Ghurair at a glance

About 03 Residence By Ned Al Ghurair

03 Residence By Ned Al Ghurair is a residential building in Al Barsha South Fifth, Dubai, developed by NED INVESTMENTS. It holds about 65 units: 1-bedroom apartments, 2-bedroom apartments.

7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,395 per sq ft.

03 Residence By Ned Al Ghurair is one of 76 buildings in Al Barsha South Fifth: 31 are complete and 41 are still being built.

Nestled in the heart of Dubai, 03 Residences by NED presents a bold reinterpretation of modern urban living. This meticulously crafted residential tower merges architectural finesse with thoughtful design, offering a curated lifestyle that caters to refined tastes.

With a limited number of exclusive residences, each space is designed to maximize comfort, privacy, and panoramic views of the city’s iconic skyline. From premium finishes to intuitive layouts, every detail echoes the brand’s dedication to quality and timeless elegance.

Residents enjoy access to world-class amenities, personalized services, and a serene environment that blends seamlessly with the energy of Dubai. 03 Residences is more than a place to live—it is a sanctuary where sophistication meets functionality, tailored for those who value understated luxury.

In a nutshell

  • A residential off-plan building
  • Located in Al Barsha South Fifth, Dubai
  • Developed by NED INVESTMENTS
  • Unit types: 1 Bed, 2 Beds
  • Sizes from 660 to 1,540 sq ft
  • Features: Gated Community
  • Service charge from AED 18.14 per sq ft
  • Jumeirah Golf Estates metro station 2.4 km away
Status
Off-plan
Developer
NED INVESTMENTS
Location
Al Barsha South Fifth, Dubai
Unit types
1 Bed, 2 Beds
Prices from
AED 825.0K
Median price per sq ft
AED 1,395
Median gross yield
7.3%
Service charge
AED 18.14 per sq ft (2026)
Nearest metro
Dubai Production City, 0.4 km

Photos of 03 Residence By Ned Al Ghurair

Building details

Inside 03 Residence By Ned Al Ghurair

Facilities in 03 Residence By Ned Al Ghurair

03 Residence By Ned Al Ghurair lists one facility for its residents.

  • Gated Community

Properties in 03 Residence By Ned Al Ghurair

1-bedroom apartments in 03 Residence By Ned Al Ghurair

There are about 29 of these in 03 Residence By Ned Al Ghurair, from 660 to 1,290 sq ft. They have recently sold for a median of AED 1.2M, or AED 1,350 per sq ft.

2-bedroom apartments in 03 Residence By Ned Al Ghurair

There are about 36 of these in 03 Residence By Ned Al Ghurair, from 1,140 to 1,540 sq ft. They have recently sold for a median of AED 1.8M, or AED 1,400 per sq ft.

Unit types in 03 Residence By Ned Al Ghurair with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed29660 sqft61.3 sqmt – 1,290 sqft119.8 sqmtAED 1.2MAED 74K
2 Beds361,140 sqft105.9 sqmt – 1,540 sqft143.1 sqmtAED 1.8M–

Recent transactions in 03 Residence By Ned Al Ghurair

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.4M

    AED 1,161 /sqftAED 12,497 /sqmt

    ReadyApartment
    1,163 sqft108 sqmt2 BedsDeveloper16 Feb 2026

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.2M

    AED 1,294 /sqftAED 13,929 /sqmt

    ReadyApartment
    927 sqft86.1 sqmt1 BedDeveloper11 Feb 2026

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.1M

    AED 1,434 /sqftAED 15,435 /sqmt

    ReadyApartment
    767 sqft71.3 sqmt1 BedDeveloper16 Jan 2026

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.8M

    AED 1,402 /sqftAED 15,091 /sqmt

    ReadyApartment
    1,248 sqft115.9 sqmt2 BedsDeveloper6 Jan 2026

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 950K

    AED 1,138 /sqftAED 12,249 /sqmt

    ReadyApartment
    835 sqft77.6 sqmt1 BedDeveloper23 Dec 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.8M

    AED 1,408 /sqftAED 15,156 /sqmt

    ReadyApartment
    1,243 sqft115.5 sqmt2 BedsDeveloper8 Dec 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.3M

    AED 1,397 /sqftAED 15,037 /sqmt

    ReadyApartment
    895 sqft83.1 sqmt1 BedDeveloper7 Nov 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.6M

    AED 1,422 /sqftAED 15,306 /sqmt

    ReadyApartment
    1,143 sqft106.2 sqmt2 BedsDeveloper14 Oct 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 825K

    AED 1,258 /sqftAED 13,541 /sqmt

    ReadyApartment
    656 sqft60.9 sqmt1 BedDeveloper30 Sept 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.6M

    AED 1,393 /sqftAED 14,994 /sqmt

    ReadyApartment
    1,149 sqft106.7 sqmt2 BedsDeveloper15 Sept 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.3M

    AED 1,419 /sqftAED 15,274 /sqmt

    ReadyApartment
    881 sqft81.8 sqmt1 BedDeveloper2 Sept 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 970K

    AED 1,205 /sqftAED 12,971 /sqmt

    ReadyApartment
    805 sqft74.8 sqmt1 BedDeveloper18 Aug 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.7M

    AED 1,387 /sqftAED 14,930 /sqmt

    ReadyApartment
    1,226 sqft113.9 sqmt2 BedsDeveloper18 Aug 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.7M

    AED 1,323 /sqftAED 14,241 /sqmt

    ReadyApartment
    1,285 sqft119.4 sqmt2 BedsDeveloper8 Aug 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.2M

    AED 1,418 /sqftAED 15,263 /sqmt

    ReadyApartment
    811 sqft75.3 sqmt1 BedDeveloper6 Aug 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.5M

    AED 1,067 /sqftAED 11,485 /sqmt

    ReadyApartment
    1,359 sqft126.3 sqmt2 BedsDeveloper24 Jul 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.7M

    AED 1,435 /sqftAED 15,446 /sqmt

    ReadyApartment
    1,150 sqft106.8 sqmt2 BedsDeveloper23 Jul 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.6M

    AED 1,403 /sqftAED 15,102 /sqmt

    ReadyApartment
    1,158 sqft107.6 sqmt2 BedsDeveloper10 Jul 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.1M

    AED 1,432 /sqftAED 15,414 /sqmt

    ReadyApartment
    768 sqft71.3 sqmt1 BedDeveloper9 Jul 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 1.1M

    AED 1,385 /sqftAED 14,908 /sqmt

    ReadyApartment
    794 sqft73.8 sqmt1 BedDeveloper8 Jul 2025

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 80K/yr

    ApartmentRenewal
    794 sqft73.8 sqmt1 Bedto

  • 03 Residence By Ned Al Ghurair

    Jumeirah Village Triangle (JVT)

    AED 68K/yr

    ApartmentNew contract
    656 sqft60.9 sqmt1 Bedto

Every sale in 03 Residence By Ned Al GhurairEvery rent contract in 03 Residence By Ned Al Ghurair

Service charges in 03 Residence By Ned Al Ghurair

The 2026 service charge in 03 Residence By Ned Al Ghurair is AED 18.14 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in 03 Residence By Ned Al Ghurair
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 18.14660 sqft61.3 sqmt – 1,290 sqft119.8 sqmtAED 11,972 – AED 23,401
2 Beds Apartment (2026)AED 18.141,140 sqft105.9 sqmt – 1,540 sqft143.1 sqmtAED 20,680 – AED 27,936

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around 03 Residence By Ned Al Ghurair

Transportation near 03 Residence By Ned Al Ghurair

The nearest Dubai Metro station from 03 Residence By Ned Al Ghurair is Jumeirah Golf Estates (red line, 2.4 km, about 7 min drive), then Al Furjan (red line, 2.4 km, about 7 min drive). Stations planned on new lines nearby include Dubai Production City (golden line, 0.4 km, about 5 min walk) and Jumeirah Golf Estates Interchange (golden line, 2.4 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

  • Dubai Production CityGolden line · 0.4 km · about 5 min walk
  • Jumeirah Golf Estates InterchangeGolden line · 2.4 km · about 7 min drive
  • Jumeirah Golf EstatesRed line · 2.4 km · about 7 min drive
  • Al FurjanRed line · 2.4 km · about 7 min drive
  • Discovery GardensRed line · 3 km · about 8 min drive
  • Jumeirah Village CircleGolden line · 3.2 km · about 8 min drive

Shopping and groceries near 03 Residence By Ned Al Ghurair

The closest is Jumeirah Park Pavilion (Community Center), 1.7 km from 03 Residence By Ned Al Ghurair (about 5 min drive).

  • Jumeirah Park Pavilion (Community Center)Shopping Mall · 1.7 km · about 5 min drive
  • Spinneys / Green Community (Located in Emirates Road)Supermarket · 3.6 km · about 9 min drive
  • Arena MallShopping Mall · 4.8 km · about 12 min drive
  • Al Maya / Dream Tower, Dubai MarinaSupermarket · 5.6 km · about 13 min drive
  • GEANT Hypermarket / IBN Batuta MallSupermarket · 5.6 km · about 13 min drive

Restaurants and hotels near 03 Residence By Ned Al Ghurair

The closest is Medlock Villas, 3.2 km from 03 Residence By Ned Al Ghurair (about 8 min drive).

  • Medlock VillasHotel · 3.2 km · about 8 min drive
  • Gloria HotelHotel · 4.4 km · about 11 min drive
  • Grand Midwest Express HotelHotel · 4.7 km · about 11 min drive
  • Radisson Royal Hotel DubaiHotel · 5.4 km · about 13 min drive
  • Nassima Towers Hotel ApartmentsHotel · 5.5 km · about 13 min drive

Hospitals and clinics near 03 Residence By Ned Al Ghurair

The closest is Armada Medical Centre, 5.3 km from 03 Residence By Ned Al Ghurair (about 13 min drive).

  • Armada Medical CentreHospital · 5.3 km · about 13 min drive
  • Eternity Medicine InstituteHospital · 6.1 km · about 14 min drive
  • Eternity Medicine Institute DubaiHospital · 6.2 km · about 14 min drive
  • Jebel Ali HospitalHospital · 6.2 km · about 14 min drive
  • Dr Marc Mueller VIP ClinicHospital · 6.3 km · about 15 min drive

Parks and leisure near 03 Residence By Ned Al Ghurair

The closest is JBR Beach, 6.1 km from 03 Residence By Ned Al Ghurair (about 14 min drive).

  • JBR BeachPark · 6.1 km · about 14 min drive

Schools near 03 Residence By Ned Al Ghurair

The nearest is Dubai British School Jumeirah Park, 1.9 km away. Ratings are the KHDA's latest inspection grades.

  • Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 1.9 km
  • Dunecrest American School L.L.CAmerican · KHDA: Good · 2.1 km
  • Dubai British SchoolUK · KHDA: Outstanding · 2.2 km
  • Sunmarke School FZEUK - International Baccalaureate (1 · KHDA: Very good · 2.2 km
  • EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 3.7 km
  • Al Nibras International Private SchoolAmerican · KHDA: Good · 4.1 km

Other buildings in Al Barsha South Fifth

Al Barsha South Fifth has 76 buildings. A few others to compare 03 Residence By Ned Al Ghurair with:

All 76 Al Barsha South Fifth buildings →

Things to consider about 03 Residence By Ned Al Ghurair

In its favour

  • A median gross yield of 7.3% on recent sales.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 2.4 km away, so a car helps.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

Specialists

Brokers who know 03 Residence By Ned Al Ghurair

These brokers handle sales and lettings in 03 Residence By Ned Al Ghurair and can tell you what is available now.

FAQs

03 Residence By Ned Al Ghurair: questions answered

03 Residence By Ned Al Ghurair was developed by NED INVESTMENTS in Al Barsha South Fifth.

Across its 20 most recent registered sales, 03 Residence By Ned Al Ghurair sold for a median of AED 1,395 per sq ft and AED 1.3M per unit.

Recent yearly contracts in 03 Residence By Ned Al Ghurair have a median rent of AED 74.0K.

The median gross yield on recently sold units in 03 Residence By Ned Al Ghurair is 7.3%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in 03 Residence By Ned Al Ghurair is AED 18.14 per sq ft a year, as registered with the Dubai Land Department.

03 Residence By Ned Al Ghurair has 1 Bed (660 to 1,290 sq ft), 2 Beds (1,140 to 1,540 sq ft).

Dubai Production City is about 0.4 km from 03 Residence By Ned Al Ghurair.

The nearest schools include Dubai British School Jumeirah Park (1.9 km), Dunecrest American School L.L.C (2.1 km), Dubai British School (2.2 km).

Buying, selling or renting in 03 Residence By Ned Al Ghurair?

A broker who works Al Barsha South Fifth will tell you what is available and what comparable homes went for.

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