THE RESIDENCES DOWNTOWN

The Residences price trends — 19 years of recorded data

The Residences has the longest published transaction record of any non-hotel-branded Downtown apartment complex. Pricing data spans multiple Dubai property cycles. Direction in any quarter tracks the broader Downtown cycle, with refurbishment status and tower position driving the largest intra-complex spread.

The pricing context

Per-square-foot pricing at The Residences runs below newer Emaar mid-tier buildings, reflecting age. Generous unit sizes mean absolute prices for full apartments are similar to or above newer mid-tier despite lower per-sqft.

Indicative The Residences pricing context
Per-sqft pricingBelow newer Emaar mid-tier
Building age~19 years (2007)
Most-traded unit type1- and 2-bedroom apartments
Refurbishment premium30%+ between original and refurbished comparables
Tower variationSignificant across the 9 towers

What drives the trend

Three forces. Downtown cycle drives directional movement. Refurbishment status creates large intra-building spread. Tower position within the 9-tower complex (outward vs interior, view side) adds another layer.

How to read pricing

Building averages mask wide spreads. Pull DLD comparables on the same tower, stack, and condition tier (original vs refurbished).

Per-sqft pricing
Below newer Emaar mid-tier
This building
 
Variable
Downtown Dubai average

The Residences trades below newer mid-tier on per-sqft, with refurbishment, view, and tower position creating significant intra-complex variation.

Frequently asked

Direction varies. Refurbishment-driven spread sometimes outweighs cycle moves. Verify with DLD.

Continue exploring The Residences Downtown

Information on this page is provided for guidance and may change. For figures that affect a financial decision, always confirm directly with The Residences Downtown's management, the developer, or your appointed agent.