PropertyIndex

The Residences 2 - Tower 2

In Progress · Date not reported

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The Residences 2 - Tower 2 is an in-progress apartment development in Downtown Dubai, Burj Khalifa. 135 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,812 per sqft. At AED 1,812 per sqft, The Residences 2 - Tower 2 prices 41% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 13.3% YoY
4.24MAED
Typical
1,812AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
135
DLD · all time
Rent contracts
380
Ejari · all time
The Residences 2 - Tower 2

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
4.24M1,81213.3%244K5.8%
Studio · Apartment
560 sqft
1 Bed · Apartment
892 – 1,419 sqft
2 Bed · Apartment
1,259 – 1,598 sqft
3 Bed · Apartment
2,343 – 2,640 sqft
Sales — Project-Wide135 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
2 Jul 2026The Residences Ii - Tower 2 · Floor 42,5994,000,0001,539-42.0%StandardStandard Sale
5 Nov 2025The Residences Ii - Tower 2 · Floor 82,5997,300,0002,809StandardStandard Sale
27 Aug 2025The Residences Ii - Tower 2 · Floor 232,3795,000,0002,102+23.9%StandardStandard Sale
Rentals — Project-Wide380 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
3 Aug 2026The Residences Ii - Tower 2 · Floor 232,379325,000137+195.8%Premiumnew
1 Aug 2026The Residences Ii - Tower 2 · Floor 272,379299,180126-0.3%Standardrenewal
15 Jun 2026The Residences Ii - Tower 2 · Floor 52,379260,0001090.0%Standardrenewal

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 2

Answered from Dubai Land Department registered transactions.

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

Property in The Residences 2 - Tower 2 sells at a current PIX© price of AED 1,812 per sqft, or about AED 4,236,677 for a typical unit, based on 135 sales registered with the Dubai Land Department.

When is The Residences 2 - Tower 2 handing over?

The Residences 2 - Tower 2 is under construction.

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

The Residences 2 - Tower 2 yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 380 registered Ejari contracts.

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

Price per sqft has fallen -13.3% over the last 12 months, to AED 1,812, across 135 registered sales.