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NB Residences 2

A 2 bed in NB Residences 2 costs a median AED 8.39M and rents long-let for AED 520,000/yr (6.27% gross) — +0.7 pts vs La Mer's 5.59% and -0.7 pts vs Dubai's 6.97% — from 4 sales and 5 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
2 in 12 months
Rental contracts · 2 bed
1 in 12 months
Buy
8.39MAED
AED 4,422/sqft
Long-let
6.27%
AED 520,000/yr

Priced off the last 5 sales — most recent February 2026.

Yield spread
+0.7 pts
vs the La Mer median for this unit type
Turnover upside
+30.0%
new tenants pay more than sitting ones — 5 renewals
AED/yr/sqft
AED 280
Sales
4
Rental contracts
5
Renewal rent
AED 400,000/yr
12 months
+32.0%
3 years
+27.1%+8.3%/yr
5 years
+122.2%+17.3%/yr

Based on 4 sales and 5 rental contracts in the last 24 months. Rental data covers the whole Nb Residences project, not this tower alone. Thin sample — treat these figures as indicative.

NB Residences 2 is an apartment building in La Mer, Dubai, one of the towers in the Nb Residences development. The closest metro station is Trade Centre Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2017 to 2026, 140 registered sales in all — the 4 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 5.60M36721
2 bedAED 8.39M44226.27%
+0.7 pts
+32.0%4
4+ bedAED 14.25M31901

Deltas compare each yield with the La Mer 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.

    Off-plan vs resale

    Units sold off-plan in NB Residences 2 between 2017 and 2018 went for a median of AED 2,163/sqft (AED 4.88M). The same building resells today at AED 3,961/sqft (AED 8.39M) — an uplift of +71.9%.

    Based on 6 off-plan sales across the building's full history.

    Why this uses the full history
    This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

    Recent transactions

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

    Sales

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

    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
    Trade Centre Metro Station
    Mall
    Dubai Mall
    Landmark
    Burj Khalifa

    Compare with nearby buildings

    The most-traded buildings in La Mer, on the same figures over the same window.

    Common questions

    What is the rental yield in NB Residences 2?
    NB Residences 2 returns 6.27% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 5 rental contracts registered in the last 24 months.
    How much does a 2 bedroom in NB Residences 2 cost?
    The median registered sale price is AED 8.39M (4,422 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    Have prices in NB Residences 2 risen or fallen?
    Median price per square foot moved +32.0% over the last 12 months against the 12 before it, on 4 registered sales. On a sample this size, read the direction rather than the exact figure.
    How does NB Residences 2 compare with La Mer?
    Its 6.27% gross yield sits +0.7 pts against the La Mer median of 5.59%, computed at the same bedroom grain over the same 24-month window.
    Do new tenants in NB Residences 2 pay more than sitting ones?
    A new tenant pays +30.0% against a renewing one, across 5 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

    Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

    NB Residences 2 sale record

    Record type
    Building-level property market record
    Data date
    Evidence base
    4 registered sales in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts
    Canonical record
    /sale/apartments/dubai/la-mer/nb-residences-2
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “NB Residences 2 sale prices and yield.” La Mer, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/la-mer/nb-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.