The Residences

799 units · 6 towers · 2 podiums

The Residences is a community in Downtown Dubai, comprising 799 registered units. 1,615 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,684 per sqft. At AED 2,684 per sqft, The Residences prices 14% below the Downtown Dubai median of AED 3,105 per sqft on registered sales.

PIX© price · ↑6.1% YoY

5.31MAED

Typical

2,684AED

PSF

Gross yield

3.5%

PIX© rent ÷ PIX© price

Sale records

1,615

DLD · all time

Rent contracts

5,434

Ejari · all time

Explore locations

8 inside The Residences

The Residences 7

378 sales · 1,303 rentals

The Residences 8

348 sales · 1,223 rentals

The Residences 5

316 sales · 1,091 rentals

The Residences 1

225 sales · 781 rentals

The Residences 6

156 sales · 574 rentals

The Residences 2

128 sales · 396 rentals

The Residences East Podium

31 sales · 34 rentals

The Residences West Podium

33 sales · 32 rentals

Approximate location in Downtown Dubai

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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

Party	Date	Held	Note
7Tenant 7	20 Jan 2026		Owner 7
7Owner 7	11 Nov 2024	2.0 yrs	Current owner Sold with tenant in place Mortgage
Owner 6	6 Aug 2024		Title registered Sold with tenant in place
6Tenant 6	14 Aug 2023	2.4 yrs	Owner 6
6Owner 6	22 Jun 2023	17 mo	Sold with tenant in place
5Tenant 5	1 Feb 2022	18 mo	Owner 5
5Owner 5	6 Oct 2021	20 mo	Sold with tenant in place
4Owner 4	5 Apr 2021	6 mo	Sold with tenant in place
4Tenant 4	1 Feb 2021	13 mo	Owner 3
3Tenant 3	1 Jul 2019	12 mo	Ended early Owner 3
3Owner 3	9 Apr 2019	2.0 yrs	Sold with tenant in place
2Tenant 2	1 Jul 2018	13 mo	Renewal Owner 2
2Tenant 2	1 Jul 2017	12 mo	Renewal Owner 2
2Tenant 2	1 Jul 2016	12 mo	Owner 2
1Tenant 1	15 Nov 2015	6 mo	Ended early Owner 2
2Owner 2	13 Sep 2015	3.6 yrs
1Owner 1	27 Apr 2011	4.4 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 2 · Tower 8

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Occupancy (237 nights)

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The Residences2,684AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 472 - 6,223 sqft	799	5.31M	2,684	↑6.1%	184K	3.5%
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-Wide1,615 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
29 Oct 2026	3 Bed	West Podium · Floor LG,G	2,906	14,000,000	4,818	-11.1%	Standard	Standard Sale
23 Oct 2026	1 Bed	Tower 5 · Floor 21	1,092	2,450,000	2,244	+165.8%	Standard	Standard Sale
21 Oct 2026	2 Bed	East Podium · Floor G	2,049	3,850,000	1,879	+40.0%	Standard	Standard Sale

Rentals - Project-Wide5,434 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
5 Nov 2026	1 Bed	Tower 1 · Floor 18	948	120,000	127	-	Standard	CERTIFICATE
1 Nov 2026	1 Bed	Tower 1 · Floor 8	1,023	112,000	109	-	Entry Level	CONTRACT
1 Nov 2026	2 Bed	Tower 7 · Floor 29	1,650	180,000	109	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

This project

—

Compared with

Baccarat Hotel and Residences

PIX© PSF

—

Rank

—

#1 of 41

Typical price

—

Yield

—

Units

—

Sales

—

Rents

—

Developer

—

SHAMAL ESTATES L.L.C

Handover

—

U/C

Project	Units	Sales	Rents
Baccarat Hotel and Residences SHAMAL ESTATES L.L.C · U/C · Off-plan pricing	98	92	—
Inaura Hotels & Residences ARADA DEVELOPMENTS L.L.C S.O.C · U/C · Off-plan pricing	119	36	—
The Address Residences Dubai Opera Tower 1 EMAAR · Completed · Off-plan pricing	517	119	567
Mercedes Benz Places by Binghatti BINGHATTI DEVELOPERS FZE · U/C · Off-plan pricing	163	121	—
The Address Residences Dubai Opera Tower 2 EMAAR · Completed · Off-plan pricing	450	120	575
The Address Residences Dubai Opera EMAAR · Completed · Off-plan pricing	977	239	1,150
Binghatti Skyblade BINGHATTI DEVELOPERS FZE · U/C · Off-plan pricing	596	567	—
Burj Khalifa Area EMAAR · Completed · Off-plan pricing	4,217	1,119	2,932
Vida Residences Dubai Mall EMAAR · Completed · Off-plan pricing	760	346	396
Vida Dubai Mall Tower 2 EMAAR · Completed · Off-plan pricing	247	108	136
Burj Khalifa EMAAR · Completed · Off-plan pricing	1,311	31	1,638

Community median 3,105 AED/sqft. Showing the closest-ranked peers of 41 ranked projects in the community. 9 community projects excluded for insufficient recorded sales. 48 excluded for trading only in the off-plan market. 8 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Rixos Financial Center Road Dubai ResidencesAED 2,637/sqft
Act OneAED 2,753/sqft
ForteAED 2,779/sqft
Elegance TowerAED 2,545/sqft
Forte 1AED 2,862/sqft
Burj CrownAED 2,889/sqft

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 2,684 per sqft, or about AED 5,313,150 for a typical unit, based on 1,615 sales registered with the Dubai Land Department.

What is the rental yield in The Residences?

The Residences yields 3.5% gross, calculated from current PIX© rent against current PIX© sale price, across 5,434 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 +6.1% over the last 12 months, to AED 2,684, across 1,615 registered sales.