Churchill Tower 2-Residential
- Completed 2009
- 472 units
- 57 floors
A 1 bed in Churchill Tower 2-Residential costs a median AED 1.32M and rents long-let for AED 80,000/yr (6.1% gross).
1 bed · typical price
1.32MAED
AED 1,457/sqft · +9.4% on a year
- Rent a year
- AED 80,000
- Yield after service charge
- 5.1%
- vs Business Bay
- 27% below the median
Cost to buy, all inAED 1.40M
- Price
- AED 1.32M
- DLD fee 4%
- AED 52,800
- Agent 2% + VAT
- AED 27,720
- Trustee
- AED 4,200
Fees repaid by net rent15 months
Is Churchill Tower 2-Residential a good investment?Prices rising; lots of new supply is coming
- Does it pay a good rent?6.1% gross, 5.1% after the service charge (Dubai median 6.8%)6.1%Fair
- Are rents going up?New 1 bed leases: AED 85,000 a year ago, AED 80,000 now (pooled across the project)-5.9%
- Are prices going up?1 bed: AED 1,331/sqft a year ago, 1,457 now+9.4%Strength
- How fast do fees pay back?AED 84,720 in fees to buy a 1 bed; net rent covers it in 1.3 years1.3 yrsFair
- Can I sell easily?36 sales in 12 months, 8% of the tower (46 the year before)36Fair
- Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
- Did earlier buyers gain?Up 71% for buyers 5 years ago; up 53% for launch buyers, before fees+71.1%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Churchill Tower 2-Residential prices and rents by unit typeA one-bed costs about AED 1.32M and rents for about AED 80,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Business Bay · area median AED 1,985/sqft
- 12-month change
- +9.4%
- 3 years
- +26.6% · +8.2%/yr
- 5 years
- +72.3% · +11.5%/yr
- vs area median
- -26.6%
- Rank by price per sqft
- 92nd of 121
- Off-plan price gain, 2010–2011
- +55.4% · +2.9%/yr
Rental income
1 bed · Business Bay
- Gross yield
- 6.1%
- Median new rent
- AED 80,000/yr
- Yield vs area median
- -0.5 pts
- Yield vs Dubai (6.8%)
- -0.7 pts
- Yield rank
- 61st of 76
- Renewal rent
- AED 80,000/yr
Read with care
- Rental data covers the whole Churchill Tower project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Mar 2010, AED 890,227; latest, Sep 2026, AED 1,350,000; peak, Apr 2015, AED 1,485,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,512 · before fees
- Launch, 2010–11
- 986
- +53%
- 453 sales
- 5 years ago
- 883
- +71%
- 35 sales
- 3 years ago
- 1,142
- +32%
- 41 sales
- Previous 12 months
- 1,393
- +9%
- 46 sales
- Last 12 months
- 1,512
- today
- 36 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.
36 resales in the last 12 months, against 45 a year on average over 2023–2025.
36 resales in the last 12 months.
Comparables in Business Bay
Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Churchill Tower 2-Residential places 115th of 150; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Churchill Tower 2-Residential (AED 1,512/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Churchill Tower 2-Residential has registered sale prices 27% below the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 92nd of 121 by price per square foot and 61st of 76 by gross yield in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
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.
About Churchill Tower 2-Residential
Churchill Tower 2-Residential is an apartment building completed in 2009 in Business Bay with 472 registered units. 382 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 14.54/sqft a year · 2026 budget
- Floors
- 57
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Churchill Tower 2-Residential: AED 1,512 per sq ft, 26% below the median Business Bay building, and a 5.8% 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
- Churchill Tower 2-ResidentialAED 1,512
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Churchill Tower 2-ResidentialBusiness Bay median building
- Business Bay5.8% vs 6.6%
Nearby in Business Bay
Prices per sq ft around Churchill Tower 2-Residential, on the mapPrices per sq ft around Churchill Tower 2-Residential, on the map
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Al Habtoor Tower
Business Bay · 205 sales, 12 months
3.44M
AED, resale median · 2,733/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
Regalia By Deyaar
Business Bay · 105 sales, 12 months
1.28M
AED, resale median · 1,782/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 · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeAED 14.54/sqft a year, 2026 owners-association budget; 5.1% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 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 Churchill Tower 2-Residential’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
- 5,870AED
- 4.5% over 25 years
- Monthly rent
- 6,667AED
- AED 80,000 a year
- Cash needed at purchase
- 364,920AED
- 20% down plus AED 100,920 in fees
Owning costs AED 279,496 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
Ask about Churchill Tower 2-Residential
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the rental yield in Churchill Tower 2-Residential?
- Churchill Tower 2-Residential returns 6.1% gross: a median new-contract rent of AED 80,000 a year (51 Ejari contracts in 12 months) over a price benchmark of AED 1.32M (median of 19 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Churchill Tower 2-Residential cost?
- The median registered sale price is AED 1.32M (1,457 AED/sqft), from 19 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Churchill Tower 2-Residential selling for right now?
- Registered sales of ready units in Churchill Tower 2-Residential over the last 12 months have a median of 1,457 AED/sqft, across 19 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 Churchill Tower 2-Residential risen or fallen?
- Median price per square foot moved +9.4% over the last 12 months against the 12 before it, on 19 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Churchill Tower 2-Residential compare with Business Bay?
- Its 6.1% gross yield sits -0.5 pts against the Business Bay median of 6.6%, 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
Send this page to a client as a branded report
Churchill Tower 2-Residential sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 19 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Churchill Tower 2-Residential sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/churchill-tower-2-residential
Stable dataJSON