The Residence 2, Downtown Dubai

HIGHLIGHTS

ABOUT THE RESIDENCE 2

The Residence 2 is a high-rise building, located in Downtown Dubai. It is one of the nine buildings of The Residences complex. It was developed by EMAAR Properties and offers a clear view of Burj Khalifa. This building offers freehold apartments with the configurations of 1, 2 and 3-bedrooms. Residents of this building enjoy all the shared amenities offered by this complex. This tower is also known as Burj Residence 2.

Downtown Dubai is one of the most popular areas in the world. It is an iconic community offering one of the most famous attractions, including Burj Khalifa and The Dubai Fountain. This area tends to get busy during holidays and the weekends. It has become the economic hub of Dubai.

IN A NUTSHELL 

  • Located in Downtown Dubai
  • Developed by EMAAR Properties
  • Offers 1, 2 and 3-bedroom apartments
  • One of the 9 buildings of The Residence
  • A freehold waterfront property
  • Features a four-level shared parking area with other buildings

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The Residence 2

BUILDING DETAILS

FACILITIES IN THE RESIDENCE 2 

Parking

Residents can find four levels of shared parking in The Residence 2. 

Elevators

There are multiple high-speed elevators in The Residence 2, Downtown Dubai. 

Security, Central Air Conditioning and Maintenance Services

The Residence 2, Dubai, offers a high-tech security system which includes security cameras and guards monitoring the building round-the-clock. Utilities of this building are powered by DEWA.

Event Space

The Residence 2 offers a multifunctional room to residents to organize events. 

Gym and Fitness Facilities 

Residents of this building enjoy shared amenities offered by the complex. This includes swimming pools and a gym in The Residence 2. Residents can also avail the facilities of squash courts, spa facilities and a badminton court. 

Lifestyle Amenities 

With an ideal location in Motor City, residents of The Residence 2 enjoy its proximity to multiple entertainment destinations. They also enjoy multiple shared facilities that this building offers, including its well-maintained swimming pool.

Concierge and Guest Services

The Residence 2 features a 24-hourconcierge and guest service. 

Pet-Friendly

This building has pet-friendly policies.  

Safety Features

The Residence 2 is equipped with a fire alarm system and fire extinguisher. This tower also has an emergency generator. 

THE RESIDENCE 2 FLOOR PLANS

PropertyDigger has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you'€™re interested in by browsing The Residence 2 floor plans.

APARTMENT TYPES IN THE RESIDENCE 2 

Residents can find 1, 2 and 3-bedroom apartments in this building. Details of these apartments include:

1-Bedroom Apartments in The Residence 2

1-bedroom apartments in The Residence 2 have an average floor size of 1,063 sq. ft. These units come with a bathroom, a living area, a dining area, a master bedroom and an en-suite bathroom. This type of apartments also offers a closed kitchen. Some of these apartments also feature a balcony.  

2-Bedroom Apartments in The Residence 2

2-bedroom apartments in The Residence 2 cover the floor size of around 1,363 sq. ft. to 1,650 sq. ft. These units provide a master bedroom, two en-suite bathrooms, a powder room, a kitchen and a breakfast area. It also has a dining area and a balcony, both attached to the living area.

3-bedroom Apartments in The Residence 2

3-bedroom apartments in The Residence 2 come with the floor size of around 1,838 sq. ft. These units have the same features as 2-bedroom units in The Residence 2. These apartments, however, offer three en-suite bathrooms. Some of these apartments also offer two balconies.

MOST POPULAR APARTMENT TYPES IN THE RESIDENCE 2

Based on searches conducted by users on PropertyDigger.com over the past 12 months

The most popular bed type in The Residence 2 is a 3-bedroom apartment, ranking first in the popularity chart. 2 and 1-bedroom apartments rank second and third. 

RENTAL TRENDS IN THE RESIDENCE 2 

The cost of rental apartments in The Residence 2 ranges from AED 38k to AED 60k. Details include: 

These apartments usually cover the floor area of 1,431 sq. ft. to 2,600 sq. ft. You can also lookup for Downtown Dubai apartments for rent.

SALES TRENDS IN THE RESIDENCE 2 

The cost of apartments for sales in The Residence 2 ranges from AED 1.6M to AED 3.5M. Details include: 

1-bedroom apartments in The Residence 2 cover the floor area of around 9.6 sq. ft. 2 and 3-bedroom apartments cover 1,365 sq. ft. to 1,500 sq. ft. and  2,082 sq. ft. to 2,600 sq. ft. of floor area. 

RENTAL YIELD IN THE RESIDENCE 2

Based on searches conducted by users on PropertyDigger.com over the past 12 months

2-bedroom apartments in The Residence 2 offer 4.2% of return on investments. If you are looking for more investment opportunities with good returns, check out Downtown Dubai apartments for sale. 

Service Charges in The Residence 2

These figures are based on the services charges for The Residence 2* as per the Dubai Land Department.

There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

The Residence 2

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NEARBY AMENITIES

TRANSPORTATION NEAR THE RESIDENCE 2 

Transportation near The Residence 2 include:

Bus Stops near The Residence 2

  • 8 Boulevard Walk Tower 1 Bus Stop (7 minutes away)
  • The Palace Hotel Bus Stop (6 minutes away)
  • Burj View Central Tower 2 Bus Stop (5 minutes away)

Metro Stations near The Residence 2

  • Burj Khalifa Metro Station (9 minutes away)
  • Business Bay Metro Station (8 minutes away)
  • Financial Centre Metro Station (9 minutes away)

Since this building is located in an iconic neighbourhood, there are multiple options available for transportation. Residents can also hire a cab to reach their destination. 

RESTAURANTS NEAR THE RESIDENCE 2 

Some of the restaurants near The Residence 2 are: 

  • Leila Restaurant (5 minutes away)
  • Shakespeare and Co. (7 minutes away)
  • Armani Ristorante (8 minutes away)

Whether you are in the mood of Lebanese cuisine or just a cup of coffee, there are multiple restaurants and cafes located near The Residence 2. If you are in the mood for a Lebanese dish, Leila Restaurant is located just 5 minutes away. However, to experience the luxury of one of the best fine dining restaurants in Downtown Dubai, Armani Ristorante is located 6 minutes away. 

SUPERMARKETS NEAR THE RESIDENCE 2 

Supermarkets near The Residence 2 include: 

  • Carrefour 
  • Choithrams 
  • Spinneys 

For your grocery needs, popular options are located near this building. One of them includes Carrefour, a multinational supermarket chain, located at a distance of 5 minutes from this building. Another option is Choithram and Spinneys, located 7 and 2 minutes away from this building. 

NEARBY BUILDINGS 

Some of the buildings near The Residence 2 are: 

  • The Residence 3
  • The Residence 5 
  • The Residence 7 

The Residence 5 is a residential tower, consisting of 34 floors in total. It stands 400 feet tall and features 1, 2 and 3-bedroom units. The Residence 7, also known as Burj Residence 7, is another residential tower in this complex, consisting of 40 floors. This high-rise building comes with 1, 2 and 3-bedroom apartments and podium villas.The Residence 8 is another high-rise tower, featuring 35 floors. These buildings were developed by EMAAR Properties and are freehold properties. These buildings are located at a distance of 3 minutes away from The Residence 2.

MAJOR LANDMARKS

Some major landmarks near The Residence 2 include: 

  • The Dubai Mall (10 minutes away)
  • The Dubai Fountain (6 minutes away)
  • Burj Khalifa (6 minutes away)

Located in Downtown Dubai, Burj Khalifa is the tallest tower in the world. The construction of this project was completed by 2010. It was developed by EMAAR Properties. There are 163 floors in this building with 52 elevators. For a unique shopping experience, you may head to The Dubai Mall, located 10 minutes away. The Dubai Fountain is the world'€™s largest choreographed fountain, attracting millions of tourists every year.

THINGS TO CONSIDER

The Residence 2 offers several luxury lifestyle amenities including a high-tech security system and multiple fitness facilities. The only issue that you may face is the heavy traffic, that increases during rush hours. Measures are being taken by authorities to reduce this issue.

Are you looking to buy or rent apartments in The Residence 2?

The Residence 2