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 residential high‑rise in Business Bay, set on the Dubai Water Canal and a short drive from Downtown Dubai. The address offers an urban waterfront setting with skyline and canal views, benefiting from Business Bay’s mix of homes, offices and hospitality venues. Apartments in the building typically range from one to four bedrooms, laid out for contemporary city living. Most units feature open‑plan living areas, fitted kitchens and balconies, with higher floors enjoying broader canal or Burj District aspects. The tower’s build quality and finishes align with the modern stock common to Business Bay’s post‑2010 residential pipeline, and the project reached completion in 2017. Day‑to‑day life at Residence 22 centres on the canal promenade, with joggers and cyclists using the landscaped paths and residents having easy reach to waterside cafés and everyday retail. Onsite facilities generally include a temperature‑controlled swimming pool, a well‑equipped gym, children’s play areas, 24‑hour security and concierge, high‑speed elevators and covered parking. Convenience stores, salons, clinics and dining options are available within the surrounding blocks, while major shopping, entertainment and leisure at Dubai Mall and the Downtown boulevard are minutes away. Connectivity is a key draw. By road, Sheikh Zayed Road (E11) and Al Khail Road (E44) provide fast links across the city. Public transport options include nearby bus stops serving Business Bay and Bay Square, with Business Bay and Burj Khalifa/Dubai Mall the closest Metro stations. The location also places residents within a short drive of DIFC and City Walk, making it practical for professionals who commute to central business districts. Overall, Residence 22 suits those seeking canal‑side apartment living in a central Dubai location, combining modern residences, practical amenities and straightforward access to the city’s core destinations.
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 November 2026. The transaction history below goes back to the first registered sale.
YallaValue estimates what the apartments in Residence 22 (Formerly Fareed Tower) are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.
- 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 within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Residence 22 (Formerly Fareed Tower)
- Completed4-bed · 4,922 sqft 08 May 2025AED 16,260,0683,303 /sqft
- 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
- CompletedStudio · 1,807 sqft 24 Apr 2025AED 5,971,6133,303 /sqft
- Completed4-bed · 6,386 sqft 24 Apr 2025AED 21,097,0933,303 /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
- Completed4-bed · 4,781 sqft 24 Apr 2025AED 15,794,2863,303 /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 170 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Enara by Omniyat | Few sales | |||
| Vela Viento | 2027 | AED 4,768 | ||
| CORP Executive Tower (Radisson Blu Hotel) (Crystal Tower) | 2010 | Few sales | ||
| The Vela Dorchester Collection | Few sales | |||
| Al Noor Tower | Few sales | |||
| B2B Tower | 2015 | Few sales | ||
| Fifty One Tower | 2012 | Few sales | ||
| Empire Heights 1 | 2011 | Few sales | ||
| Empire Heights Podium | 2011 | Few sales | ||
| Empire Heights 2 | 2011 | Few sales |
Residence 22 (Formerly Fareed Tower) in numbers
- Completed in 2016; 22 floors of studios to four-beds.
Source: YallaValue analysis of Dubai Land Department records.
Questions about Residence 22 (Formerly Fareed Tower)
What is my apartment in Residence 22 (Formerly Fareed Tower) worth?
YallaValue keeps an estimate for the apartments in Residence 22 (Formerly Fareed Tower), home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google.
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.
Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.
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