The Residences 2 - Lake Villas
Alerts: Get notified of every new DLD-registered sale and rental contract.
The Residences 2 - Lake Villas is an in-progress apartment development in Downtown Dubai, Burj Khalifa. 19 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,754 per sqft. At AED 1,754 per sqft, The Residences 2 - Lake Villas prices 43% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|
PIX© Core Project-Wide — | 5.30M | 1,754 | 0.0% | 291K | 5.5% | |
3 Bed · Apartment 2,813 – 3,121 sqft | — | — | — | |||
4 Bed · Apartment 3,246 – 3,373 sqft | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 26 Mar 2023 | 3 Bed | Floor G | 2,813 | 5,362,700 | 1,906 | +52.2% | Standard | Standard Sale |
| 23 Mar 2023 | 4 Bed | Floor G | 3,373 | 5,207,158 | 1,544 | -42.8% | Standard | Standard Sale |
| 20 Aug 2015 | 3 Bed | Floor G | 3,080 | 3,447,888 | 1,119 | — | Standard | Standard Sale |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 15 Jun 2026 | 3 Bed | Floor G | 3,118 | 272,071 | 87 | 0.0% | Standard | new |
| 20 Jun 2025 | 4 Bed | Floor G | 3,246 | 364,667 | 112 | -0.1% | Standard | renewal |
| 15 Jun 2025 | 3 Bed | Floor G | 3,118 | 272,071 | 87 | 0.0% | Standard | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Downtown Dubai
The closest-priced registered projects in Downtown Dubai.
- Zaafaran 3AED 1,736/sqft
- The DistinctionAED 1,727/sqft
- Mada Residences TowerAED 1,792/sqft
- Burj ViewsAED 1,825/sqft
- Lofts T EastAED 1,678/sqft
- 8 Blvd WalkAED 1,832/sqft
Common questions about The Residences 2 - Lake Villas
Answered from Dubai Land Department registered transactions.
How much does a property in The Residences 2 - Lake Villas cost?
Property in The Residences 2 - Lake Villas sells at a current PIX© price of AED 1,754 per sqft, or about AED 5,297,209 for a typical unit, based on 19 sales registered with the Dubai Land Department.
When is The Residences 2 - Lake Villas handing over?
The Residences 2 - Lake Villas is under construction.
What is the rental yield in The Residences 2 - Lake Villas?
The Residences 2 - Lake Villas yields 5.5% gross, calculated from current PIX© rent against current PIX© sale price, across 51 registered Ejari contracts.
Have prices in The Residences 2 - Lake Villas gone up or down?
Price per sqft has held flat over the last 12 months at AED 1,754, across 19 registered sales.