PropertyIndex

The Residences

799 units · 6 towers · 2 podiums

The Residences is a community in Downtown Dubai, comprising 799 registered units. 1,610 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,637 per sqft. At AED 2,637 per sqft, The Residences prices 15% below the Downtown Dubai median of AED 3,107 per sqft on registered sales.

PIX© price · 4.7% YoY
4.08MAED
Typical
2,637AED
PSF
Gross yield
4.3%
PIX© rent ÷ PIX© price
Sale records
1,610
DLD · all time
Rent contracts
5,363
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 2

1 Bed on Floor 2, Tower 8

Size
Record
Apr 2011 to Jan 2026
Owners
7
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 720 Jan 2026
Owner 7
7Owner 711 Nov 202422 mo
Current owner
Sold with tenant in place
Mortgage
Owner 66 Aug 2024
Title registered
Sold with tenant in place
6Tenant 614 Aug 20232.4 yrs
Owner 6
6Owner 622 Jun 202317 mo
Sold with tenant in place
5Tenant 51 Feb 202218 mo
Owner 5
5Owner 56 Oct 202120 mo
Sold with tenant in place
4Owner 45 Apr 20216 mo
Sold with tenant in place
4Tenant 41 Feb 202113 mo
Owner 3
3Tenant 31 Jul 201912 mo
Ended early
Owner 3
3Owner 39 Apr 20192.0 yrs
Sold with tenant in place
2Tenant 21 Jul 201813 mo
Renewal
Owner 2
2Tenant 21 Jul 201712 mo
Renewal
Owner 2
2Tenant 21 Jul 201612 mo
Owner 2
1Tenant 115 Nov 20156 mo
Ended early
Owner 2
2Owner 213 Sep 20153.6 yrs
1Owner 127 Apr 20114.4 yrs
PIX© Airbnb Calculator

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1 Bed · Floor 2 · Tower 8
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The Residences

Units

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

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
472 - 6,223 sqft
7994.08M2,6374.7%176K4.3%
Studio · Apartment
472 - 958 sqft
6
1 Bed · Apartment
872 - 1,657 sqft
288
2 Bed · Apartment
1,259 - 2,774 sqft
315
3 Bed · Apartment
1,838 - 3,609 sqft
183
4 Bed · Apartment
3,212 - 3,745 sqft
4---
5 Bed · Apartment
4,523 - 6,223 sqft
3---
Sales - Project-Wide1,610 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
10 Sep 20262 BedTower 1 · Floor 211,4354,500,0003,136+107.6%StandardStandard Sale
31 Aug 20261 BedTower 1 · Floor 239862,300,0002,333+12.2%Entry LevelStandard Sale
13 Aug 20261 BedTower 1 · Floor 151,0232,600,0002,542+21.5%StandardStandard Sale
Rentals - Project-Wide5,363 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Oct 2026StudioTower 1 · Floor 2958135,000141-StandardCERTIFICATE
10 Oct 20261 BedTower 8 · Floor 33906100,000110-Entry LevelCERTIFICATE
1 Oct 20262 BedTower 8 · Floor 191,365165,000121-Entry LevelCERTIFICATE

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

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences cost?

Property in The Residences sells at a current PIX© price of AED 2,637 per sqft, or about AED 4,078,182 for a typical unit, based on 1,610 sales registered with the Dubai Land Department.

What is the rental yield in The Residences?

The Residences yields 4.3% gross, calculated from current PIX© rent against current PIX© sale price, across 5,363 registered Ejari contracts.

How many units are in The Residences?

The Residences holds 799 registered units across 6 towers, per the Dubai Land Department unit register.

Have prices in The Residences gone up or down?

Price per sqft has risen +4.7% over the last 12 months, to AED 2,637, across 1,610 registered sales.