PropertyIndex

The Residences 2 - Tower 3

In Progress · Date not reported

Alerts: Get notified of every new DLD-registered sale and rental contract.

The Residences 2 - Tower 3 is an in-progress apartment development in Downtown Dubai, Burj Khalifa. 417 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,734 per sqft. At AED 2,734 per sqft, The Residences 2 - Tower 3 prices 11% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 5.1% YoY
4.16MAED
Typical
2,734AED
PSF
Gross yield
3.9%
PIX© rent ÷ PIX© price
Sale records
417
DLD · all time
Rent contracts
1,268
Ejari · all time
The Residences 2 - Tower 3

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
4.16M2,7345.1%161K3.9%
1 Bed · Apartment
872 – 1,657 sqft
2 Bed · Apartment
1,452 – 2,424 sqft
3 Bed · Apartment
2,082 – 3,609 sqft
4 Bed · Apartment
3,745 sqft
Sales — Project-Wide417 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
9 Apr 20261 BedThe Residences Ii - Tower 3 · Floor 369152,050,0002,240+16.4%StandardStandard Sale
24 Feb 20262 BedThe Residences Ii - Tower 3 · Floor 341,6505,100,0003,091+3.0%StandardStandard Sale
25 Dec 20252 BedThe Residences Ii - Tower 3 · Floor 122,562,500Standard Sale
Rentals — Project-Wide1,268 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 180 rentals
Floors 1-31 · 149 rentals
Floors 32-39 · 31 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Aug 20262 BedThe Residences Ii - Tower 3 · Floor 41,629180,0001110.0%Entry Levelrenewal
1 Aug 20261 BedThe Residences Ii - Tower 3 · Floor 6915135,0001480.0%Standardrenewal
1 Aug 20261 BedThe Residences Ii - Tower 3 · Floor B11,00692,400920.0%Entry Levelrenewal

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 3

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences 2 - Tower 3 cost?

Property in The Residences 2 - Tower 3 sells at a current PIX© price of AED 2,734 per sqft, or about AED 4,160,246 for a typical unit, based on 417 sales registered with the Dubai Land Department.

When is The Residences 2 - Tower 3 handing over?

The Residences 2 - Tower 3 is under construction.

What is the rental yield in The Residences 2 - Tower 3?

The Residences 2 - Tower 3 yields 3.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,268 registered Ejari contracts.

Have prices in The Residences 2 - Tower 3 gone up or down?

Price per sqft has risen +5.1% over the last 12 months, to AED 2,734, across 417 registered sales.