PropertyIndex

The Residences 2 - Tower 1

In Progress · Date not reported

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The Residences 2 - Tower 1 is an in-progress apartment development in Downtown Dubai, Burj Khalifa. 369 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,822 per sqft. At AED 2,822 per sqft, The Residences 2 - Tower 1 prices 8% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 12.4% YoY
3.76MAED
Typical
2,822AED
PSF
Gross yield
4.5%
PIX© rent ÷ PIX© price
Sale records
369
DLD · all time
Rent contracts
1,197
Ejari · all time
The Residences 2 - Tower 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
3.76M2,82212.4%170K4.5%
Studio · Apartment
472 – 489 sqft
1 Bed · Apartment
889 – 1,149 sqft
2 Bed · Apartment
1,334 – 2,217 sqft
3 Bed · Apartment
1,838 – 3,000 sqft
4 Bed · Apartment
3,507 sqft
Sales — Project-Wide369 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
23 Jun 2026The Residences Ii - Tower 1 · Floor 251,3655,250,0003,846+27.3%StandardStandard Sale
5 Feb 2026The Residences Ii - Tower 1 · Floor 32,2173,250,0001,466+77.1%StandardStandard Sale
23 Jan 2026The Residences Ii - Tower 1 · Floor 111,4313,050,0002,131+88.9%StandardStandard Sale
Rentals — Project-Wide1,197 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
16 Aug 20263 BedThe Residences Ii - Tower 1 · Floor 311,838230,000125-20.7%Entry Levelnew
15 Aug 20261 BedThe Residences Ii - Tower 1 · Floor 4906100,000110-7.0%Entry Levelnew
15 Aug 20262 BedThe Residences Ii - Tower 1 · Floor 301,431185,000129-9.8%Standardnew

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.

Common questions about The Residences 2 - Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences 2 - Tower 1 cost?

Property in The Residences 2 - Tower 1 sells at a current PIX© price of AED 2,822 per sqft, or about AED 3,763,755 for a typical unit, based on 369 sales registered with the Dubai Land Department.

When is The Residences 2 - Tower 1 handing over?

The Residences 2 - Tower 1 is under construction.

What is the rental yield in The Residences 2 - Tower 1?

The Residences 2 - Tower 1 yields 4.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,197 registered Ejari contracts.

Have prices in The Residences 2 - Tower 1 gone up or down?

Price per sqft has risen +12.4% over the last 12 months, to AED 2,822, across 369 registered sales.