1 Residences - 2
- Completed 2022
- Master developer Park 1
A 2 bed in 1 Residences - 2 costs a median AED 2.73M, rents long-let for AED 150,000/yr (5.5% gross), and returns 10.6% short-term at the assumed 70% occupancy.
2 bed · typical price
2.73MAED
AED 1,864/sqft · -9.6% on a year
- Rent a year
- AED 150,000
- Yield after service charge
- 4.6%
- vs Al Kifaf
- 6% below the median
Cost to buy, all inAED 2.90M
- Price
- AED 2.73M
- DLD fee 4%
- AED 109,000
- Agent 2% + VAT
- AED 57,225
- Trustee
- AED 4,200
Fees repaid by net rent16 months
Is 1 Residences - 2 a good investment?The rent pays below the Dubai median, prices are slipping and lots of new supply is coming
- Does it pay a good rent?5.5% gross, 4.6% after the service charge (Dubai median 6.8%)5.5%Watch
- Are rents going up?New 2 bed leases: AED 155,000 a year ago, AED 150,000 now (pooled across the project)-3.2%
- Are prices going up?2 bed: AED 2,062/sqft a year ago, 1,864 now-9.6%Watch
- How fast do fees pay back?AED 170,425 in fees to buy a 2 bed; net rent covers it in 1.4 years1.4 yrsFair
- Can I sell easily?25 sales in 12 months (69 the year before)25
- Is a lot being built nearby?1,047 apartments are planned in Al Kifaf from 2026 to 2028, equal to 168% of the 624 homes let there today. Al Kifaf supply by year →168%Watch
- Did earlier buyers gain?Up 12% for buyers 3 years ago, before fees+12.1%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
1 Residences - 2 prices and rents by unit typeA two-bed costs about AED 2.73M and rents for about AED 150,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Al Kifaf · area median AED 1,989/sqft
- 12-month change
- -9.6%
- 3 years
- +1.9% · +0.6%/yr
- vs area median
- -6.3%
- Rank by price per sqft
- 9th of 11
Rental income
2 bed · Al Kifaf
- Gross yield
- 5.5%
- Median new rent
- AED 150,000/yr
- Yield vs area median
- +0.3 pts
- Yield vs Dubai (6.8%)
- -1.3 pts
- Renewal rent
- AED 151,000/yr
Short-term income
2 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 1,451
- Net revenue
- AED 288,748/yr
- vs long-let rent
- 1.9×
- Listings seen
- 1+
Read with care
- Rental data covers the whole 1 Residences project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Jan 2023, AED 2,424,662; latest, Sep 2026, AED 2,900,000; peak, Jan 2024, AED 3,014,180.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,964 · before fees
- 3 years ago
- 1,751
- +12%
- 299 sales
- Previous 12 months
- 2,100
- −6%
- 69 sales
- Last 12 months
- 1,964
- today
- 25 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
25 resales in the last 12 months, against 138 a year on average over 2023–2025.
25 resales in the last 12 months.
Short-term rates around 1 Residences - 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Al Kifaf
Every Al Kifaf building with a page, ranked by price per sqft over the same 12 months, all unit types. 1 Residences - 2 places 7th of 11; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against 1 Residences - 2 (AED 1,964/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, 1 Residences - 2 has registered sale prices 6% below the Al Kifaf median price per square foot of 1,989 AED, across 11 eligible buildings. It ranks 9th of 11 by price per square foot in Al Kifaf.
Market context in Al Kifaf
Registered sales activity
105 ready apartment sales in the 12 months to 2026-10-12.
-4.8% in median AED/sqft versus the preceding year, supported by 105 current and 171 prior price observations.
Explore sales activityPlanned apartment projects
461 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,047 apartments are planned in Al Kifaf from 2026 to 2028, equal to 168% of the 624 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The 1 Residences towers
2 towers in 1 Residences, at the bedroom type above.
Ejari files 1 Residences’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Al Kifaf: every development at this typeAl Kifaf: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.
About 1 Residences - 2
1 Residences - 2 is an apartment building completed in 2022 by Park 1 in Al Kifaf. 438 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 16.87/sqft a year · 2026 budget
- Master developer
- Park 1
Drive times · typical
- Downtown
- 14 min · 6.6 km
- DXB Airport
- 12 min · 11 km
- DIFC
- 7 min · 3.8 km
- Dubai Marina
- 22 min · 24 km
- Palm Jumeirah
- 28 min · 29 km
Nearest, as registered
- Metro
- Al Jafiliya Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
1 Residences - 2: AED 1,964 per sq ft, 4% below the median Al Kifaf building, and a 4.4% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- 1 Residences - 2AED 1,964
- Al Kifaf, readyAED 1,949
- Al Kifaf, off-planAED 2,268
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
1 Residences - 2Al Kifaf median building
- Al Kifaf4.4% vs 5.0%
More from Park 1
Avenue Park Towers - A
Al Kifaf · 85 sales, 12 months
2.72M
AED, resale median · 2,351/sqft
Avenue Park Towers - B
Al Kifaf · 59 sales, 12 months
2.70M
AED, resale median · 2,245/sqft
Park Views Residences A
Al Kifaf · 39 sales, 12 months
2.60M
AED, resale median · 2,152/sqft
Park Views Residences B
Al Kifaf · 37 sales, 12 months
2.41M
AED, resale median · 2,039/sqft
Nearby in Al Kifaf
Prices per sq ft around 1 Residences - 2, on the mapPrices per sq ft around 1 Residences - 2, on the map
1 Residences - 1
Al Kifaf · 35 sales, 12 months
2.85M
AED, resale median · 2,152/sqft
Park Gate Residences 4
Al Kifaf · 16 sales, 12 months
2.79M
AED, resale median · 1,889/sqft
Park Gate Residences 2
Al Kifaf · 12 sales, 12 months
2.83M
AED, resale median · 1,840/sqft
Park Gate Residences 3
Al Kifaf · 10 sales, 12 months
2.96M
AED, resale median · 1,945/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeAED 16.87/sqft a year, 2026 owners-association budget; 4.6% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from 1 Residences - 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 12,117AED
- 4.5% over 25 years
- Monthly rent
- 12,500AED
- AED 150,000 a year
- Cash needed at purchase
- 745,675AED
- 20% down plus AED 200,675 in fees
Owning costs AED 504,205 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in 1 Residences - 2?
- 1 Residences - 2 returns 5.5% gross: a median new-contract rent of AED 150,000 a year (95 Ejari contracts in 12 months) over a price benchmark of AED 2.73M (median of 12 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in 1 Residences - 2 cost?
- The median registered sale price is AED 2.73M (1,864 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in 1 Residences - 2 selling for right now?
- Registered sales of ready units in 1 Residences - 2 over the last 12 months have a median of 1,864 AED/sqft, across 12 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in 1 Residences - 2 risen or fallen?
- Median price per square foot moved -9.6% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does 1 Residences - 2 compare with Al Kifaf?
- Its 5.5% gross yield sits +0.3 pts against the Al Kifaf median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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1 Residences - 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 12 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/al-kifaf/1-residences-2
Cite as: Dubai Wealth Index. “1 Residences - 2 sale prices and yield.” Al Kifaf, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/al-kifaf/1-residences-2
Stable dataJSON