3-bed · 1,786 sqftResidence 110, Business Bay · 10th floor · completed 2022

1001, Residence 110

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 3.18M1 December 2023
Current rentAED 125K /yr19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Residence 110

What is 1001 worth today?

Last sold for AED 3,181,860 in 2023

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1 Dec 2023Sold by developerReady
AED 3,181,860AED 1,782 per sqft
19 Oct 2023RentedNew contract
AED 124,740/yr1 months · AED 70 per sqft
2 Jan 2023RentedNew contract
AED 131,083/yr11 months · AED 73 per sqft
15 Dec 2021RentedRenewal
AED 118,800/yr12 months · AED 71 per sqft
15 Dec 2020RentedNew contract
AED 108,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
1,786 sqft
Floor
10th of 19
Parking
B1-61, B1-73
Developer
Select Global Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.18M · December 2023

About 1001, Residence 110

1001 is a three-bedroom apartment of 1,786 sqft on the 10th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 1 December 2023 for AED 3,181,860, or AED 1,782 per sqft, in line with the AED 1,737 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 19 October 2023, is AED 124,740 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 30,300 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical three-bed in Residence 110
3.2M3.4M3.6M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, December 2023: AED 3,181,860 (AED 1,782 per sqft)

1001 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1001, each contractTypical three-bed in Residence 110
100K200K2020202220242026Typical rent by year: 2020 AED 103,000; 2021 AED 115,000; 2022 AED 126,000; 2023 AED 132,268; 2024 AED 207,500; 2025 AED 215,000; 2026 AED 220,000New contract, December 2020: AED 108,000 a yearRenewal, December 2021: AED 118,800 a yearNew contract, January 2023: AED 131,083 a yearNew contract, October 2023: AED 124,740 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Residence 110, and where 1001 sits

All 41 3-beds →

1001 last sold in December 2023 at AED 1,782 per sqft, in line with what three-beds in Residence 110 were fetching at the time (AED 1,737). Over the last 12 months three-beds sold for AED 3,420,000 to 3,550,000, around AED 1,952 per sqft, and rent for AED 120,000 to 270,000 a year. 1001's AED 124,740 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Sep 20263,550,000
5 Jun 20263,420,000
12 Aug 20253,500,000
21 Jul 20253,628,000
2 3-bed sales in the last 12 months

Residence 110

Building

110 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2022 by Select Global Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,862
Typical sale
AED 2.2M
Typical rent
AED 155K /yr
Typical yield
6.3%
Residence 110, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 110 units in Residence 110
Value
10021-bedAED 1.5M · Jun 2026
10032-bedAED 2.74M · Oct 2023
10042-bedAED 2.3M · Aug 2026
10051-bedAED 2.01M · Apr 2024
10063-bedAED 3.5M · Feb 2024

1001, Residence 110 in numbers

  • Sold once: by Select Global Development on 1 December 2023 for AED 3,181,860, or AED 1,782 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 108,000 to AED 124,740 a year.
  • At AED 124,740 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 30,300 a year (AED 16.99 per sqft).
  • Three-beds in Residence 110 sold for AED 3,420,000–3,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,862 per sqft.

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 1001, Residence 110

What did unit 1001 last sell for?

AED 3,181,860 on 1 December 2023, sold by the developer: AED 1,782 per sqft for 1,786 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 124,740 a year on the contract signed on 19 October 2023. The previous contract, from January 2023, was AED 131,083; the unit has been rented since December 2020.

How big is unit 1001?

1,786 sqft (165.9 sqm): a three-bedroom apartment on the 10th floor of a 19-storey tower completed in 2022.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Residence 110 sold for AED 3,420,000 to 3,550,000 in the last 12 months, around AED 1,952 per sqft.

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Mortgage on 1001, Residence 110

Starts from the last sale price (AED 3.18M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,181,860
Deposit, UAE resident (20%)
AED 636,372
Deposit, non-resident (40%)
AED 1,272,744
Monthly over 25 years at 3.7%
AED 13,018

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →