How much does a 1 bedroom in The Residences II - Tower 1 cost?

The median registered sale price is AED 2.30M (2,167 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in The Residences II - Tower 1 risen or fallen?

Median price per square foot moved +19.3% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.

Does The Residences II - Tower 1 earn more short-let than long-let?

A night asks a median of AED 688, which models to 6.60% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.

How many apartments change hands in The Residences II - Tower 1?

12 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Which metro station is closest to The Residences II - Tower 1?

Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

The Residences II - Tower 1 — sale prices & yield

Buy: 2.30MAED; AED 2,167/sqft
Short-let: 6.60%; AED 688/night · 0.65/sqft

AED/yr/sqft: —
Sales: 12
Rental contracts: 0
Short-let listings seen: 17+

12 months: +19.3%
3 years: +40.2%+11.9%/yr

Based on 12 sales and 0 rental contracts in the last 24 months.

The Residences II - Tower 1 is an apartment building in Downtown Dubai, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 276 registered sales in all — the 12 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The Residences II - Tower 1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 1.49M	3039	—	—	1
1 bed	AED 2.30M	2167	—	+19.3%	12
2 bed	AED 3.68M	2572	—	-16.1%	11
3 bed	AED 4.35M	2394	—	+0.6%	11

Deltas compare each yield with the Downtown Dubai 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.

Short-let rates around The Residences II - Tower 1

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	688	0.65	AED 151,835	—	—	6.60%	17+
2 bed	964	0.67	AED 213,857	—	—	5.81%	3+
3 bed500m	1,596	0.88	AED 363,319	—	—	8.35%	5+

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.

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 The Residences II - Tower 1 itself had too few listings of that type to measure.

Recent transactions

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

14 resales in the last 12 months, against 22 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
29 Jul 2026	3 bed	1,838	AED 109,574	—
23 Jun 2026	2 bed	1,365	AED 5,250,000	3,846

2 resales in the last 3 months.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Downtown Dubai, on the same figures over the same window.

Common questions

How much does a 1 bedroom in The Residences II - Tower 1 cost?: The median registered sale price is AED 2.30M (2,167 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in The Residences II - Tower 1 risen or fallen?: Median price per square foot moved +19.3% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.
Does The Residences II - Tower 1 earn more short-let than long-let?: A night asks a median of AED 688, which models to 6.60% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
How many apartments change hands in The Residences II - Tower 1?: 12 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.
Which metro station is closest to The Residences II - Tower 1?: Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

The Residences II - Tower 1