NB Residences 2
A 2 bed in NB Residences 2 costs a median AED 8.39M and rents long-let for AED 520,000/yr (6.27% gross) — +0.7 pts vs La Mer's 5.59% and -0.7 pts vs Dubai's 6.98% — from 4 sales and 5 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 2 in 12 months
- Rental contracts · 2 bed
- 1 in 12 months
- Buy
- 8.39MAED
- AED 4,422/sqft
- Long-let
- 520,000AED
- AED 280/sqft · 6.27%
Priced off the last 5 sales — most recent February 2026.
- Yield spread
- +0.7 pts
- vs the La Mer median for this unit type
- Turnover upside
- +30.0%
- new tenants pay more than sitting ones — 5 renewals
- AED/yr/sqft
- AED 280
- Sales
- 4
- Rental contracts
- 5
- Renewal rent
- AED 400,000/yr
- 12 months
- +33.5%
- 3 years
- +20.0%+6.3%/yr
Based on 4 sales and 5 rental contracts in the last 24 months. Rental data covers the whole Nb Residences project, not this tower alone. Thin sample — treat these figures as indicative.
NB Residences 2 is an apartment building in La Mer, Dubai, one of the towers in the Nb Residences development. The closest metro station is Trade Centre Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2017 to 2026, 140 registered sales in all — the 4 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in NB Residences 2, by year.
Chart data: May 2018, 141 AED/yr/sqft; latest, Aug 2026, 255 AED/yr/sqft; peak, Dec 2024, 280 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the La Mer median for the same unit type. How these yields are computed
How these yields are computed
Recent transactions
As filed with the Land Department — data to 2026-08-26.
Sales
Nothing registered in the last 3 months. Try a wider window.
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
- Trade Centre Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Compare with nearby buildings
The most-traded buildings in Nb Residences, on the same figures over the same window.
- Highest rental yields in La Mer · NB Residences 2 places 22nd of 25
- NB Residences 1 · 6.27%
- La Cote ? Building 3 · 5.07%
- La Cote ? Building 4 · 6.72%
- La Cote ? Building 5 · 4.79%
- La Cote ? Building 2 · 7.23%
- La Cote ? Building 1 · 7.47%
- La Rive - Building 3 · 7.32%
- La Rive - Building 1 · 4.48%
Common questions
- What is the rental yield in NB Residences 2?
- NB Residences 2 returns 6.27% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 5 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in NB Residences 2 cost?
- The median registered sale price is AED 8.39M (4,422 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in NB Residences 2 risen or fallen?
- Median price per square foot moved +32.0% over the last 12 months against the 12 before it, on 4 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does NB Residences 2 compare with La Mer?
- Its 6.27% gross yield sits +0.7 pts against the La Mer median of 5.59%, computed at the same bedroom grain over the same 24-month window.
- Do new tenants in NB Residences 2 pay more than sitting ones?
- A new tenant pays +30.0% against a renewing one, across 5 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.
NB Residences 2 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 5 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/la-mer/nb-residences-2
Cite as: Dubai Wealth Index. “NB Residences 2 rents and yield.” La Mer, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/la-mer/nb-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.