The Residences II - Tower 1

1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
2. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
3. Are prices going up?2 bed: AED 2,967/sqft a year ago, 2,376 now-19.9%Watch
4. How fast do fees pay back?AED 211,600 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 211,600
5. Can I sell easily?8 sales in 12 months (22 the year before)8
6. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
7. Did earlier buyers gain?Up 69% for buyers 5 years ago, before fees+68.7%Context

8 resales in the last 12 months, against 21 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 2 bed, The Residences II - Tower 1 has registered sale prices 3% below the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 49th of 81 by price per square foot in Downtown Dubai.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  5 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  No Ejari contract registered: not yet let
  Read with care
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  No project number on this building's record, so completion status and developer cannot be joined.
  Not on record
• Short-term assumption
  Modelled at the published 70% occupancy on 3 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in The Residences II - Tower 1?

No gross yield is published for The Residences II - Tower 1 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 5 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Downtown Dubai median is 5.5% gross.

How much does a 2 bedroom in The Residences II - Tower 1 cost?

The median registered sale price is AED 3.40M (2,376 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in The Residences II - Tower 1 selling for right now?

Registered sales of ready units in The Residences II - Tower 1 over the last 12 months have a median of 2,376 AED/sqft, across 5 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 The Residences II - Tower 1 risen or fallen?

Median price per square foot moved -19.9% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

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

A night asks a median of AED 964, which models to 5.4% net at an assumed 70% 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.