02 Residence

P1 — Delivered Ready Primary
Developer NED Al Ghurair
Property type Apartment
Data updated Apr 01, 2026

02 Residence is a Delivered development by NED Al Ghurair in Jumeirah Village Triangle. 80 units across 2 Bedroom (65%), 1 Bedroom (35%). Over the trailing 12 months, 82 sales at a median of AED 1,475,000.

Key Metrics
Median Price
Value
AED 1,475,000
Transactions
Value
82
Change
82 in period
Price / sqft
Value
AED 1,342
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,475,000
Transactions
82
↑ 82 in period
Price / sqft
AED 1,342
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
10.0%
Community avg
Holding Period
Value
5.5 yrs
Community avg
Liquidity
Value
98.8%
Price Dispersion
Value
8.3%
Ready Market Mix
Value
100.0%
Rental Activity
Value
21.7%
Capital Return
10.0%
Community avg
Holding Period
5.5 yrs
Community avg
Liquidity
98.8%
Price Dispersion
8.3%
Ready Market Mix
100.0%
Rental Activity
21.7%

Rental Performance

Rental Volume
Value
23
Avg Annual Rent
Value
AED 93,511
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
23
Avg Annual Rent
AED 93,511
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
1 Bedroom 28 units · 35%
2 Bedroom 52 units · 65%

Transaction Breakdown

All time — 82 transactions
Ready Primary
81
Ready Secondary
1

Price History

Median Price — 02 Residence

Median prices in 02 Residence have softened, declining 9% to AED 1.2M over the past 12 months.

Recent Transactions

Showing last 10 of 82
Date Type Price (AED) Size (sqft) AED/sqft
Apr 01, 2026 RP Primary 1,250,000 957 1,306
Mar 25, 2026 RP Secondary 1,700,000 1,186 1,432
Feb 16, 2026 RP Primary 1,100,000 877 1,254
Feb 03, 2026 RP Primary 1,100,000 760 1,445
Jan 26, 2026 RP Primary 1,100,000 767 1,432
Jan 14, 2026 RP Primary 1,650,000 1,186 1,390
Jan 06, 2026 RP Primary 1,650,000 1,164 1,416
Dec 25, 2025 RP Primary 1,600,000 1,180 1,355
Dec 25, 2025 RP Primary 1,600,000 1,175 1,360
Dec 22, 2025 RP Primary 1,650,000 1,164 1,416

This project is in Jumeirah Village Triangle

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