PropertyIndex

The Residences 2

66 units · 1 tower
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The Residences 2 is a development in Downtown Dubai, comprising 66 registered units. 128 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,689 per sqft. At AED 1,689 per sqft, The Residences 2 prices 51% below the Downtown Dubai median of AED 3,454 per sqft on registered sales.

PIX© price · ↓17.6% YoY
3.89MAED
Typical
1,689AED
PSF
Gross yield
6.8%
PIX© rent ÷ PIX© price
Sale records
128
DLD · all time
Rent contracts
394
Ejari · all time
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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.

Floor
Units on floor 22
…

3 Bed on Floor 22, The Residences 2

Size
Record
Dec 2010 to May 2026
Owners
6
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 718 May 2026
Owner 6
6Tenant 615 Feb 202512 mo
Renewal
Owner 6
6Tenant 615 Feb 202412 mo
Owner 6
6Owner 624 Nov 20214.8 yrs
Current owner
Sold with tenant in place
5Tenant 520 Oct 20212.3 yrs
Renewal
Owner 5
5Tenant 520 Oct 202012 mo
Renewal
Owner 5
5Tenant 520 Oct 201912 mo
Owner 5
4Tenant 45 Mar 20197 mo
Renewal
Owner 5
5Owner 51 Apr 20183.6 yrs
Sold with tenant in place
4Tenant 45 Mar 201812 mo
Owner 4
3Tenant 35 Mar 201715 mo
Owner 4
2Tenant 224 Aug 201513 mo
Owner 4
1Tenant 12 Jun 201412 mo
Owner 4
4Owner 412 Jul 20125.7 yrs
Mortgage
3Owner 316 May 20122 mo
Mortgage
2Owner 219 Jul 201110 mo
Mortgage
1Owner 128 Dec 20107 mo
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3 Bed · Floor 22 · The Residences 2
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The Residences 2

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
560 - 2,640 sqft
663.89M1,689↓17.6%263K6.8%
Studio · Apartment
560 sqft
1-----
1 Bed · Apartment
892 - 1,419 sqft
7-
2 Bed · Apartment
1,259 - 1,598 sqft
6---
3 Bed · Apartment
2,343 - 2,640 sqft
52
Sales - Project-Wide128 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
2 Jul 20263 BedThe Residences 2 · Floor 42,5994,000,0001,539-42.0%StandardStandard Sale
5 Nov 20253 BedThe Residences 2 · Floor 82,5997,300,0002,809+73.8%StandardStandard Sale
27 Aug 20253 BedThe Residences 2 · Floor 232,3795,000,0002,102+23.9%StandardStandard Sale
Rentals - Project-Wide394 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
15 Sep 20263 BedThe Residences 2 · Floor 192,599340,000131-PremiumCERTIFICATE
8 Sep 20263 BedThe Residences 2 · Floor 152,379210,00088-Entry LevelCERTIFICATE
1 Sep 20263 BedThe Residences 2 · Floor 102,379200,75684-Entry LevelCONTRACT

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

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences 2 cost?

Property in The Residences 2 sells at a current PIX© price of AED 1,689 per sqft, or about AED 3,891,577 for a typical unit, based on 128 sales registered with the Dubai Land Department.

What is the rental yield in The Residences 2?

The Residences 2 yields 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 394 registered Ejari contracts.

How many units are in The Residences 2?

The Residences 2 holds 66 registered units, per the Dubai Land Department unit register.

Have prices in The Residences 2 gone up or down?

Price per sqft has fallen -17.6% over the last 12 months, to AED 1,689, across 128 registered sales.