PropertyIndex

Residences 2

Completed|55 units · 1 building

Residences 2 is a completed development by DUBAI HOLDING (L.L.C) in Mohammed Bin Rashid City, comprising 55 registered units. 47 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,979 per sqft. At AED 1,979 per sqft, Residences 2 prices in line with the Mohammed Bin Rashid City median of AED 1,975 per sqft on registered sales.

PIX© price · 5.5% YoY
1.90MAED
Typical
1,979AED
PSF
Gross yield
5.6%
PIX© rent ÷ PIX© price
Sale records
47
DLD · all time
Rent contracts
84
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 1

1 Bed on Floor 1, Residences 2

Size
Record
Mar 2020 to Jul 2026
Owners
3
Tenants
4
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Tenant 34 Jul 2026
Owner 3 · Registered twice
2Tenant 220 May 202513 mo
Owner 3
3Owner 34 Jan 20233.7 yrs
Current owner
Sold with tenant in place
1Tenant 115 Nov 20222.5 yrs
Owner 2
2Owner 218 Jul 202118 mo
1Owner 12 Mar 202017 mo
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1 Bed · Floor 1 · Residences 2
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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
31 - 1,528 sqft
551.90M1,9795.5%106K5.6%
Residential
1 Bed · Apartment
767 - 924 sqft
26
2 Bed · Apartment
1,373 - 1,528 sqft
5-----
Commercial
Warehouse
31 - 86 sqft
24-----
Sales - Project-Wide47 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
6 Nov 20251 BedResidences 2 · Floor 28311,600,0001,925+11.5%StandardStandard Sale
18 Aug 20251 BedResidences 2 · Floor 47811,650,0002,111+22.7%StandardStandard Sale
30 Sep 20241 BedResidences 2 · Floor 37811,500,0001,919+33.9%StandardStandard Sale
Rentals - Project-Wide84 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 Aug 20261 BedResidences 2 · Floor 383190,000108-StandardCONTRACT
10 Jul 20261 BedResidences 2 · Floor 383182,50099-StandardCERTIFICATE
6 Jul 20261 BedResidences 2 · Floor G88580,00090-Entry LevelCONTRACT

Comparables

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

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

Common questions about Residences 2

Answered from Dubai Land Department registered transactions.

How much does a property in Residences 2 cost?

Property in Residences 2 sells at a current PIX© price of AED 1,979 per sqft, or about AED 1,898,400 for a typical unit, based on 47 sales registered with the Dubai Land Department.

Is Residences 2 completed?

Yes. Residences 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Residences 2?

Residences 2 is developed by DUBAI HOLDING (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Residences 2?

Residences 2 yields 5.6% gross, calculated from current PIX© rent against current PIX© sale price, across 84 registered Ejari contracts.

How many units are in Residences 2?

Residences 2 holds 55 registered units, per the Dubai Land Department unit register.

Have prices in Residences 2 gone up or down?

Price per sqft has fallen -5.5% over the last 12 months, to AED 1,979, across 47 registered sales.