Residence 22 (Formerly Fareed Tower)
Studios to four-beds in Business Bay. No apartments sold in the last 12 months; every earlier sale, rent and unit is below.
About Residence 22 (Formerly Fareed Tower)
Residence 22 (formerly Fareed Tower) is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. It was completed in 2016 and has 22 storeys with 23 apartments, ranging from 1,808 to 6,387 sqft. Its neighbours include Enara by Omniyat, Vela Viento and CORP Executive Tower (Radisson Blu Hotel) (Crystal Tower). Business Bay station on the Red Line sits on the Sheikh Zayed Road side of the district, and Burj Khalifa/Dubai Mall is one stop north. That station is about 2.1 km from the building in a straight line. Several everyday places are within walking distance. Let's Go Mini Mart is about 100 m away, and Bayside Park 8 and Crystal Swim Academy are about 200 m away. Kids Castle nursery is about 300 m away, and Shades Medical Center is about 500 m away.
23 apartments over 22 floors: 2 studios of 1,808 to 2,252 sqft, 1 two-bed of 3,934 sqft, 1 three-bed of 1,819 sqft and 19 four-beds of 4,781 to 6,387 sqft.
No apartments sold in Residence 22 (Formerly Fareed Tower) in the 12 months to October 2026. The transaction history below goes back to the first registered sale.
- Completed
- 2016
- Floors
- 22
- Units
- 23
- Unit types
- Studio to 4-bed
Average prices in Residence 22 (Formerly Fareed Tower)
No sales were registered in Residence 22 (Formerly Fareed Tower) in the last 12 months.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Residence 22 (Formerly Fareed Tower)
No sales were registered for Residence 22 (Formerly Fareed Tower) in the last 12 months.
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Residence 22 (Formerly Fareed Tower)
- Completed4-bed · 4,781 sqft 08 May 2025AED 15,794,2863,303 /sqft
- Completed4-bed · 4,922 sqft 08 May 2025AED 16,260,0683,303 /sqft
- Completed4-bed · 4,922 sqft 08 May 2025AED 16,260,0683,303 /sqft
- Completed4-bed · 4,922 sqft 08 May 2025AED 16,260,0683,303 /sqft
- Completed4-bed · 4,781 sqft 24 Apr 2025AED 15,794,2863,303 /sqft
- Completed4-bed · 4,781 sqft 24 Apr 2025AED 15,794,2863,303 /sqft
- Completed4-bed · 4,781 sqft 24 Apr 2025AED 15,794,2863,303 /sqft
- Completed4-bed · 4,781 sqft 24 Apr 2025AED 15,794,2863,303 /sqft
- Completed4-bed · 4,922 sqft 24 Apr 2025AED 16,260,0683,303 /sqft
- CompletedStudio · 1,807 sqft 24 Apr 2025AED 5,971,6133,303 /sqft
No apartments sold in Residence 22 (Formerly Fareed Tower) in the last 12 months; the table shows every earlier sale.
Units in Residence 22 (Formerly Fareed Tower)
23 units- Unit 1013-bed · 1,819 sqftSold AED 5.54M, Oct 2024
- Unit 3014-bed · 6,387 sqftSold AED 21.1M, Apr 2025
- Unit 4014-bed · 4,781 sqftSold AED 14.43M, Oct 2024
- Unit 5014-bed · 4,781 sqftSold AED 15.79M, Apr 2025
- Unit 6014-bed · 4,781 sqftSold AED 14.43M, Oct 2024
- Unit 7014-bed · 4,781 sqftSold AED 15.79M, Apr 2025
- Unit 8014-bed · 4,781 sqftSold AED 14.43M, Oct 2024
- Unit 9014-bed · 4,781 sqftSold AED 15.79M, Apr 2025
- Unit 10014-bed · 4,781 sqftSold AED 14.43M, Oct 2024
- Unit 11014-bed · 4,781 sqftSold AED 15.79M, May 2025
Nearby buildings in Business Bay
All 187 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Enara by Omniyat | Few sales | |||
| Vela Viento | 2027 | AED 6,122 | ||
| CORP Executive Tower (Radisson Blu Hotel) (Crystal Tower) | 2010 | Few sales | ||
| The Vela Dorchester Collection | AED 6,769 | |||
| Al Noor Tower | Few sales | AED 71 | ||
| Windsor Manor Tower | 2010 | AED 1,222 | AED 70 | 5.7% |
| B2B Tower | 2015 | Few sales | ||
| Fifty One Tower | 2012 | Few sales | ||
| Empire Heights 1 | 2011 | Few sales | ||
| Empire Heights Podium | 2011 | Few sales |
Residence 22 (Formerly Fareed Tower) in numbers
- Completed in 2016; 22 floors of studios to four-beds.
- The typical rent is AED 1,400,000 a year across 2 contracts registered in the last 12 months.
Source: Dubai Land Department. Updated 2 October 2026.
Questions about Residence 22 (Formerly Fareed Tower)
How much is a two-bed for rent in Residence 22 (Formerly Fareed Tower)?
About AED 1,000,000 a year: that is the median of the 1 contract for two-beds registered with Ejari in the 12 months to October 2026.
Who built Residence 22 (Formerly Fareed Tower) and when?
completed in 2016; 22 floors; 23 apartments.
How many apartments are there in Residence 22 (Formerly Fareed Tower)?
23, studios to four-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in Business Bay
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