Plaza Residences 2
A 1 bed in Plaza Residences 2 costs a median AED 950,000, rents long-let for AED 65,000/yr (5.64% gross), and returns 10.26% short-let at the assumed 80% occupancy — -2.2 pts vs Jumeirah Village Circle's 7.80% and -1.3 pts vs Dubai's 6.97% — from 64 sales and 152 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 23 in 12 months
- Rental contracts · 1 bed
- 72 in 12 months
- Buy
- 950,000AED
- AED 1,050/sqft
- Long-let
- 5.64%
- AED 65,000/yr
- Short-let
- 10.26%
- AED 458/night · 0.49/sqft
Price per sqft: Median of 8 registered sales of ready units in the last 3 months, most recent July 2026.
Priced off 8 sales in the last 3 months.
- Yield spread
- -2.2 pts
- vs the Jumeirah Village Circle median for this unit type
- Turnover upside
- +11.8%
- new tenants pay more than sitting ones — 114 renewals
- AED/yr/sqft
- AED 71
- Sales
- 64
- Rental contracts
- 152
- Renewal rent
- AED 58,126/yr
- 12 months
- +6.6%
- 3 years
- +50.5%+14.6%/yr
- 5 years
- +98.4%+14.7%/yr
Based on 64 sales and 152 rental contracts in the last 24 months. Rental data covers the whole Plaza Residences project, not this tower alone.
Plaza Residences 2 is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the Plaza Residences development. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 1,314 registered sales in all — the 64 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Plaza Residences 2, by year.
Chart data: Jan 2015, 839 AED/sqft; latest, Aug 2026, 1050 AED/sqft; peak, Aug 2025, 1054 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed
How these yields are computed
- 3 bed: Priced off the last 5 sales — most recent December 2024.
Short-let rates around Plaza Residences 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.46 AED/night/sqft; latest Sep 2027, 0.35 AED/night/sqft; peak Jan 2027, 0.76 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Plaza Residences 2 between 2014 and 2018 went for a median of AED 819/sqft (AED 696,806). The same building resells today at AED 995/sqft (AED 1.04M) — an uplift of +48.8%.
Based on 237 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
52 resales in the last 12 months, against 60 a year on average over 2023–2025.
Sales
12 resales in the last 3 months.
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
- Nakheel Metro Station
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Compare with nearby buildings
The most-traded buildings in Plaza Residences, on the same figures over the same window.
- Highest rental yields in Jumeirah Village Circle · Plaza Residences 2 places 185th of 199
Common questions
- What is the rental yield in Plaza Residences 2?
- Plaza Residences 2 returns 5.64% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 152 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Plaza Residences 2 cost?
- The median registered sale price is AED 950,000 (1,023 AED/sqft), from 64 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Plaza Residences 2 selling for right now?
- Registered sales of ready units in Plaza Residences 2 over the last 3 months have a median of 1,050 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Plaza Residences 2 risen or fallen?
- Median price per square foot moved +6.6% over the last 12 months against the 12 before it, on 64 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Plaza Residences 2 compare with Jumeirah Village Circle?
- Its 5.64% gross yield sits -2.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
Plaza Residences 2 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 64 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Cite as: Dubai Wealth Index. “Plaza Residences 2 sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/plaza-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.