Residences 2Completed 2022AED 1,745 per sq ft register, 2020
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Home › Mohammed Bin Rashid City › Residential towers › District One › Residences 2
Map: Google Maps
Residential tower built by District One - FZ (Meydan), handed over in 2022, with 12 resales and 36 off-plan sales since 2020

Residences 2, Mohammed Bin Rashid City · by District One - FZ (Meydan)

An apartment in Residences 2 sold for about AED 1,745 per sq ft in 2020

Median of 29 apartment sales in 2020, median price AED 1,350,846. Source: Dubai Land Department register, to 12 Feb 2026. 1 market sale in the 12 months to 23 Oct 2026; 48 sales on record since 2020. That is too few for a home price.

The market says
48 registered sales since 2020 at AED 1,745 per sq ft (2020); owners who sold gained 7.8% a year and 0% sold at a loss; 1 home for sale now.
James Paul Booth
The agent's view
“Owners who sold in Residences 2 made 7.8% a year, and none of the 12 on record sold at a loss. There are about 12 months of homes for sale, so the buyer can negotiate. That is a steady record. I would buy for rent and a long hold, not for a quick resale.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

Official record
48 registered sales since 2020: 48 apartment
31 units with a sale on record since 2020.
0sales in the last 30 days: 0 resale, 0 off-plan
1for sale now
12 monthsTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 23 Oct 2026. Built 27 Oct 2026.

Residences 2 on the map

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3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: soldResale: per sq ftMedian askingAsking over resale
1-bedunder 5 (1)–– (1)–

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (0 of 48 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.

Off-plan price per sq ft by quarter

The tower has too few resale sales for a trend (1 in the last 12 months), so the chart shows the off-plan sales.

2020-Q1: AED 1,768 per sq ft, 6 sales1,76820 Q12020-Q2: AED 1,722 per sq ft, 22 sales1,72220 Q22020-Q3: AED 1,768 per sq ft, 1 sale1,76820 Q320 Q42021-Q1: AED 1,759 per sq ft, 2 sales1,75921 Q121 Q22021-Q3: AED 1,676 per sq ft, 3 sales1,67621 Q32021-Q4: AED 1,773 per sq ft, 2 sales1,77321 Q46 sales622 sales221 sales10 sales02 sales20 sales03 sales32 sales2Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales. Off-plan sales are 75% of all sales in this tower, so the early quarters show launch prices.

What owners made: +7.8% a year, 0% sold at a loss

12 owners bought a home in Residences 2 and sold it again as a completed home 6 months or more later. Half of them held it for 2.5 years or more. A gain is the change in the price for each year held, before fees, service charge and rent.

+7.8%median gain a year. apartments in Dubai +10.9%
0%sold at or below the price paid. apartments in Dubai 12%
2.6points a year above homes in Dubai that were resold over the same months

By unit type, and bought off-plan or completed

Unit typeGain a yearSold at a lossOwners
1-bed+7.4%0%11
Bought asGain a yearSold at a lossOwners
Off-plan+7.4%0%11

Round trips: the same unit number sold twice, bulk transfers and same-price transfers out, 5 or more owners for each line. Only owners who sold are counted: an owner who waits for a better price is not here. An owner who bought off-plan paid in stages, so the gain on the cash paid in is higher than the gain on the price. Dubai figures: 55,901 round trips by the same rule, all areas, to 23 Oct 2026.

Every sale since 2020: 48 sales of 31 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
2071-bed831AED 1,600,0001,9256 Nov 2025Resale+12% from AED 1.43m in 2021
4021-bed781AED 1,650,0002,11118 Aug 2025Resale+23% from AED 1.35m in 2020
4011-bed831AED 1,980,0002,38219 Jun 2025Resale+47% from AED 1.35m in 2020
3021-bed781AED 1,500,0001,91930 Sep 2024Resale+34% from AED 1.12m in 2021
4061-bed781AED 1,870,0002,39314 May 2024Resale+29% from AED 1.45m in 2022
G022-bed1,528AED 3,450,0002,2582 May 2023Resale+26% from AED 2.73m in 2020
1051-bed767AED 1,750,0002,2824 Jan 2023Resale+40% from AED 1.25m in 2021
4061-bed781AED 1,450,0001,85621 Nov 2022Resale+8% from AED 1.35m in 2020
3031-bed767AED 1,900,0002,47714 Nov 2022Resale+39% from AED 1.37m in 2020
G011-bed924AED 1,900,0002,05618 Aug 2022Resale+16% from AED 1.65m in 2020
4031-bed767AED 1,450,0001,89127 Apr 2022Resale+9% from AED 1.33m in 2020
3051-bed767AED 1,800,0002,3471 Mar 2022Resale+32% from AED 1.36m in 2020
3021-bed781AED 1,120,0001,43314 Dec 2021Off-plan, sold again-17% from AED 1.35m in 2020
4042-bed1,373AED 2,900,0002,11311 Oct 2021Off-plan, sold again+20% from AED 2.43m in 2020
2031-bed767AED 1,430,0001,86529 Aug 2021Off-plan, sold again+5% from AED 1.37m in 2020
1051-bed767AED 1,250,0001,63018 Jul 2021Off-plan, sold again-8% from AED 1.36m in 2020
1031-bed767AED 1,285,0001,6761 Jul 2021Off-plan, sold again-6% from AED 1.37m in 2020
3061-bed781AED 1,400,4261,79213 Jan 2021Off-plan
2071-bed831AED 1,434,5261,7266 Jan 2021Off-plan
1042-bed1,373AED 2,426,3411,7688 Jul 2020Off-plan
2061-bed781AED 1,345,9651,7229 Jun 2020Off-plan
1011-bed831AED 1,349,9341,6249 Jun 2020Off-plan
2011-bed831AED 1,349,9341,6244 Jun 2020Off-plan
1021-bed781AED 1,304,6831,6703 Jun 2020Off-plan
2021-bed781AED 1,345,0341,7213 Jun 2020Off-plan
4051-bed767AED 1,362,3971,77631 May 2020Off-plan
1071-bed831AED 1,350,8461,62531 May 2020Off-plan
G011-bed924AED 1,645,4341,78131 May 2020Off-plan
3021-bed781AED 1,345,0341,72127 May 2020Off-plan
4061-bed781AED 1,345,9651,72227 May 2020Off-plan
G031-bed885AED 1,567,9791,77227 May 2020Off-plan
3031-bed767AED 1,367,0211,78220 May 2020Off-plan
1061-bed781AED 1,300,0001,66420 May 2020Off-plan
3071-bed831AED 1,350,8461,62520 May 2020Off-plan
4021-bed781AED 1,345,0341,72119 May 2020Off-plan
G022-bed1,528AED 2,733,8491,79014 May 2020Off-plan
3042-bed1,373AED 2,426,3411,76814 May 2020Off-plan
2051-bed767AED 1,362,3971,77614 May 2020Off-plan
3051-bed767AED 1,362,3971,7766 May 2020Off-plan
4031-bed767AED 1,332,8451,7386 May 2020Off-plan
2031-bed767AED 1,367,0211,7826 May 2020Off-plan
4071-bed831AED 1,350,8461,6256 May 2020Off-plan
1031-bed767AED 1,367,0211,78226 Mar 2020Off-plan
1051-bed767AED 1,362,2041,7762 Mar 2020Off-plan
4042-bed1,373AED 2,426,3411,76812 Feb 2020Off-plan
4011-bed831AED 1,349,9341,62411 Feb 2020Off-plan
3011-bed831AED 1,349,9341,62411 Feb 2020Off-plan
2042-bed1,373AED 2,426,3411,7685 Feb 2020Off-plan

The official record: 48 registered sales since 2020

Dubai Land Department register for "Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2", 6 Feb 2020 to 12 Feb 2026: 48 apartment sales, plus 5 mortgages and 2 gifts. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
202532,111
20242–
20232–
202252,056
202171,800
2020291,745

Median AED per sq ft is shown for 3 or more sales in a year. 36 of these sales were off-plan and 12 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 48 sales and our unit list has 48.

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Which side faces what

The direction of each landmark from Residences 2, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthDubai Design District 3.5 km · Burj Khalifa 4.5 km · DIFC 6.0 km
North-eastDubai Creek and Ras Al Khor 6.1 km
EastResidences 1, a tower 59 m away · Residences 17, a tower 125 m away · Meydan racecourse 1.5 km
SouthThe Residences at District One, a tower 67 m away · Residences 16, a tower 142 m away
South-westResidences 4, a tower 147 m away · Dubai Marina skyline 17.0 km
WestResidences 3, a tower 48 m away · Burj Al Arab and the sea 10.3 km
North-westSheikh Zayed Road 4.2 km · Jumeirah beach and the sea 7.0 km

The building: 0 of 0 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Completed
2022

Sources for figures not in the developer fact file:

  • Completed: Completion year from mitchellscommercialrealty.com, read 15 Oct 2026: https://www.mitchellscommercialrealty.com/off-plan/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-2

Where sources disagree

No conflict found between sources.

Around Residences 2

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Residences 2 (this tower)–– (1)
Residences 348 m– (1)
Residences 159 m– (1)
Residences 17125 m– (0)
Residences 16142 m1,844 (5)
Residences 4147 m– (2)
Naya 3171 m– (3)
Residences 15173 m2,023 (11)
Residences 5186 m2,196 (7)

Drive times with no traffic

ToTimeDistance
Dubai Mall16 min10.4 km
DIFC Gate15 min11.2 km
DXB Terminal 337 min24.5 km
Dubai Marina Mall26 min22.4 km
Mall of the Emirates20 min16.1 km
Kite Beach17 min12.1 km
DWC airport50 min45.5 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 5 Feb 2020 to 23 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 27 Oct 2026 first build of this page. No correction yet.

Other towers in District One

Residences 2 is in District One, Mohammed Bin Rashid City. Sold prices and sales for the other towers with a page:

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Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.