# One by Preston URL: https://www.dxbrealtor.ai/projects/one-by-preston/ Developer: Preston Development Area: Dubai South Residential District Home types: Studio, 1 and 2 bedroom apartments Updated: 2026-10-11 One by Preston, a 56 unit building in Dubai South: registered completion date of 31 December 2027, launch in July 2026, prices from AED 999,000 and post-handover payment plans. ## Key facts - DLD registered completion date: 31 Dec 2027 (DLD register via Continental Club; developer says December 2027) - Last published DLD progress: 0% (DLD inspection, 16 Dec 2024, via Continental Club) - Units: 56 (Preston Development, Jul 2026) - 2 bedroom from: AED 999,000 (Cash price, Preston Development via Zawya, Jul 2026) ## When will One by Preston be handed over? The Dubai Land Department (DLD) project register lists 31 December 2027 as the registered completion date for One by Preston (DLD register via Continental Club, updated 10 October 2026). Preston Development gave the same month when it officially launched the project in July 2026: completion scheduled for December 2027 (Middle East Construction News, 8 July 2026). Property Finder's project page still shows an older expected completion of 1 September 2026, with bookings starting on 1 November 2024. That date has passed with no completion recorded. Building-by-building dates and how the date has changed: [One by Preston handover date](/answers/one-by-preston-handover-date/). ## One by Preston construction update The last published DLD inspection, dated 16 December 2024, recorded 0% progress (DLD register via Continental Club). Data Habibi reports a planned construction start of February 2026 in the DLD project record. Preston announced the approval of the project's escrow account in July 2026, which it described as completing the key regulatory requirements for the launch. In a later release it said Sale and Purchase Agreements had been issued to buyers. No construction percentage had been published since the 0% reading, as of 11 October 2026. ## One by Preston homes and sizes One by Preston is a single six storey building, a ground floor and five floors above, in Dubai South Residential District (Data Habibi). Preston says it has 56 units and that every apartment is delivered fully furnished, with interiors by Casanova Italy. Sources differ on the mix: the launch release lists studios, 1 and 2 bedroom apartments, while a later release describes 56 two bedroom apartments. | Home type | Size | |---|---| | Studio | 446 to 489 sq ft | | 1 bedroom | 822 to 1,077 sq ft | | 2 bedroom | 1,034 to 1,228 sq ft | Sizes are from floor plans listed by Data Habibi (accessed 11 October 2026). The architectural consultant is Em Square Engineering Consultants. ## One by Preston prices and resale Preston quotes 2 bedroom apartments from AED 999,000 for cash buyers (Zawya, July 2026). It said 50% of the units sold within days of the launch. Portal prices vary widely: Data Habibi gives a launch price from AED 625,000, Ezre lists studios from AED 729,786 and 1 bedrooms from AED 1,349,786, and OffPlanIndex lists studios from AED 929,785. Property Finder shows a launch price of AED 1.1 million. No DLD sale medians or resale transfers had been published for the building. ## One by Preston payment plan Sources disagree on the plan. Preston's July 2026 release gives 70% during construction and 30% over 30 months after handover. Portals list a 20/24/6/50 plan: 20% on booking, 24% at 1% a month during construction, 6% on handover and 50% after handover, spread over either 50 months at 1% a month or 120 months (OffPlanIndex; Ezre; Property Finder). Preston's own site advertises up to 10 years after handover. Both versions leave a large share of the price, 30% to 50%, payable after handover. ## One by Preston developer and delivery record Preston Development, registered with the DLD as Preston Properties, calls One by Preston its flagship project, and its website shows it as the company's only project, with no completed developments listed. The escrow account is with the National Bank of Fujairah (Data Habibi). ## What to check before buying at One by Preston 1. **The payment plan in the SPA**, since the developer release and portal listings describe different splits. 2. **The completion date in the SPA**, compared with the DLD registered date of 31 December 2027. 3. **A current DLD inspection figure**, through the DLD project status service, since the last published reading is 0% from December 2024. 4. **The unit type and furnishing package** in writing, since sources disagree on the unit mix. ## Sources - Continental Club, Dubai projects due for handover in 2027 (DLD register), updated 10 Oct 2026: https://continentalclub.ae/handover-2027/ - Middle East Construction News, Preston launches One by Preston residential development, 8 Jul 2026: https://meconstructionnews.com/68302/preston-launches-one-by-preston-residential-development - Zawya, Dubai reinforces its position as a global real estate investment hub (Preston Development release), Jul 2026: https://www.zawya.com/en/press-release/companies-news/dubai-reinforces-its-position-as-a-global-real-estate-investment-hub-with-the-launch-of-new-residential-developments-399113 - Zawya, Days after launch, One by Preston sells 50% of its units, Jul 2026: https://www.zawya.com/en/press-release/companies-news/days-after-launch-one-by-preston-sells-50-of-its-units-400869 - Data Habibi, One by Preston (DLD project record), accessed 11 Oct 2026: https://datahabibi.ae/dubai/new-projects/one-by-preston - Property Finder, One by Preston project page, accessed 11 Oct 2026: https://www.propertyfinder.ae/en/new-projects/preston/preston-one - OffPlanIndex, One By Preston, accessed 11 Oct 2026: https://offplanindex.ae/en/projects/one-by-preston-dubai-south - Ezre, One By Preston, accessed 11 Oct 2026: https://ezre.ae/projects/one-by-preston - Preston Development, company site, accessed 11 Oct 2026: https://prestondevelopment.ae/