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The Residences II Lake Villas
The Residences II Lake VillasDowntown Dubai
5,362,700 AEDmarket
2,350 AED/ft²
Delivered: Q4 2008
Completed
Emaar

The Residences II Lake Villas

Downtown Dubai

3 - 4 BedsApartment

Launch price

3,450,000 AED

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Buildings
Downtown Dubai
The Residences II Lake Villas
Emaar

The Residences II Lake Villas

Downtown Dubai

3 - 4 BedsApartment

Launch price

3,450,000 AED

The Residences II Lake Villas

Downtown Dubai

by Emaar

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

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Description

The Residences II offers apartments for sale and rent in Downtown Dubai, developed by Emaar Properties. This residential building features 26 floors, providing 1, 2, and 3-bedroom apartment units. Emaar Properties completed the project in October 2012. The Residences II is part of a larger complex, offering views of the surrounding area. It is situated near prominent landmarks such as the Burj Khalifa, The Dubai Mall, and The Dubai Fountain. The Downtown Metro Station is also easily accessible from the development. The Residences II provides a completed residential option within a vibrant urban setting.

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Price Analysis for The Residences II Lake Villas

Apartment

3 B/R

110%
30 units
2,282 – 3,417 ft²
No market history available yet

Starting price

3.45M

1,119 /ft²

Current price

5.36M

2,350 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

What's Available for The Residences II Lake Villas

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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Price Trends

For units in Downtown Dubai

Comparable Buildings in Downtown Dubai

Assigned Schools

Affordability

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FAQ

The Residences II Lake Villas are located directly around the Burj Lake, forming part of a nine-tower complex developed by Emaar. This position provides residents with direct views of the Burj Khalifa and the Dubai Fountain, placing them in the center of the district's waterfront area.
The building cater primarily to end-users and investors seeking a established, high-profile address in Downtown Dubai. The project is suited for those who value immediate access to the district's major landmarks, such as the Dubai Mall and Emaar Square, over newer off-plan alternatives.
Residents of The Residences II Lake Villas have access to a range of shared facilities, including a swimming pool, gymnasium, squash and badminton courts, and a library. The complex also features a business center, a mini-theatre, and retail outlets located on the podium level that links the towers.
This development provide residents with four dedicated levels of parking within the complex. This allocation is designed to support the needs of the nine-tower development while maintaining secure access for occupants.
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Price Trends

For units in Downtown Dubai

AED/ft²

Mean 3 B/R value
The Residences II Lake Villas: 2,350

AED/ft²

Mean value
The Residences II Lake Villas:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Downtown Dubai

BuildingPrice per ft²ConstructionHandoverDeveloper
Podium Villas WestEmaar
2,586 AED/ft²
10.0%
100%
Q1 2008
Podium Villas West
2,586 AED/ft²10.0%
100%
Q1 2008
Emaar logo
Miska 4Emaar
2,062 AED/ft²
12.3%
100%
Q1 2018
Miska 4
2,062 AED/ft²12.3%
100%
Q1 2018
Emaar logo
Podium Villas EastEmaar
2,195 AED/ft²
6.6%
100%
Q1 2008
Podium Villas East
2,195 AED/ft²6.6%
100%
Q1 2008
Emaar logo
Kamoon 4Emaar
2,212 AED/ft²
5.9%
100%
Q4 2007
Kamoon 4
2,212 AED/ft²5.9%
100%
Q4 2007
Emaar logo
Yansoon 1Emaar
1,182 AED/ft²
49.7%
100%
Q4 2006
Yansoon 1
1,182 AED/ft²49.7%
100%
Q4 2006
Emaar logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Downtown Dubai neighborhood outline
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Downtown Dubai
149 Buildings For You
Buy: AED 166K - 121.8M
YoY Price Change: +1.6%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.