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Plaza Residences 2

A 1 bed in Plaza Residences 2 costs a median AED 950,000, rents long-let for AED 65,000/yr (5.64% gross), and returns 10.26% short-let at the assumed 80% occupancy — -2.2 pts vs Jumeirah Village Circle's 7.80% and -1.3 pts vs Dubai's 6.98% — from 64 sales and 152 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
23 in 12 months
Rental contracts · 1 bed
72 in 12 months
Buy
950,000AED
AED 1,050/sqft
Long-let
65,000AED
AED 71/sqft · 5.64%
Short-let
10.26%
AED 458/night · 0.49/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 3 months, most recent July 2026.

Priced off 8 sales in the last 3 months.

Yield spread
-2.2 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+11.8%
new tenants pay more than sitting ones — 114 renewals
AED/yr/sqft
AED 71
Sales
64
Rental contracts
152
Renewal rent
AED 58,126/yr
12 months
+0.0%
3 years
+30.0%+9.1%/yr

Based on 64 sales and 152 rental contracts in the last 24 months. Rental data covers the whole Plaza Residences project, not this tower alone.

Plaza Residences 2 is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the Plaza Residences development. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 1,314 registered sales in all — the 64 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 44,0001028.30%
-0.1 pts
89
1 bedAED 65,000715.64%
-2.2 pts
152
2 bedAED 91,125645.90%
-1.4 pts
78
3 bedAED 137,000707.87%
+0.5 pts
24

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 3 bed: Priced off the last 5 sales — most recent December 2024.

Short-let rates around Plaza Residences 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4260.99AED 97,869AED 44,0002.2×18.47%6+
1 bed4580.49AED 97,428AED 65,0001.5×10.26%2+
2 bed500m6390.46AED 134,614AED 91,1251.5×10.12%5+
3 bed500m9330.49AED 197,899AED 137,0001.4×11.31%3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.46 AED/night/sqft; latest Sep 2027, 0.35 AED/night/sqft; peak Jan 2027, 0.76 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Plaza Residences 2 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

52 resales in the last 12 months, against 60 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
10 Aug 20262 bed1,580AED 1,659,4831,050
27 Jul 20261 bed667AED 589,000884
24 Jul 20262 bed1,470AED 1,360,000925
20 Jul 20261 bed1,260AED 1,322,6951,050
20 Jul 20261 bed888AED 932,6621,050
20 Jul 20261 bed1,098AED 1,153,3931,050
20 Jul 20261 bed1,131AED 1,187,5181,050
20 Jul 20261 bed1,059AED 1,111,4561,050
20 Jul 20262 bed1,363AED 1,431,4121,050
20 Jul 20261 bed1,098AED 1,153,1621,050
20 Jul 20262 bed3,515AED 2,723,861775
20 Jul 20261 bed1,121AED 1,176,6721,050

12 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Plaza Residences, on the same figures over the same window.

Common questions

What is the rental yield in Plaza Residences 2?
Plaza Residences 2 returns 5.64% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 152 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Plaza Residences 2 cost?
The median registered sale price is AED 950,000 (1,023 AED/sqft), from 64 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Plaza Residences 2 selling for right now?
Registered sales of ready units in Plaza Residences 2 over the last 3 months have a median of 1,050 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Plaza Residences 2 risen or fallen?
Median price per square foot moved +6.6% over the last 12 months against the 12 before it, on 64 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Plaza Residences 2 compare with Jumeirah Village Circle?
Its 5.64% gross yield sits -2.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Plaza Residences 2 rental record

Record type
Building-level property market record
Data date
Evidence base
152 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/jumeirah-village-circle/plaza-residences-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Plaza Residences 2 rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/plaza-residences-2.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.