3-bed · 1,950 sqftResidence 110, Business Bay · 1st floor · completed 2022

105, Residence 110

Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 3.21M20 August 2024
Current rentAED 128K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Residence 110

What is 105 worth today?

Last sold for AED 3,210,480 in 2024

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20 Aug 2024Sold by developerReady
AED 3,210,480AED 1,646 per sqft
20 Dec 2023RentedRenewal
AED 127,917/yr3 months · AED 66 per sqft
2 Jan 2023RentedNew contract
AED 127,889/yr12 months · AED 66 per sqft
20 Dec 2021RentedRenewal
AED 112,200/yr12 months · AED 60 per sqft
20 Dec 2020RentedNew contract
AED 102,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed apartment
Size
1,950 sqft
Floor
1st of 19
Parking
B1-25, B1-27
Developer
Select Global Development
Completed
2022
Service charge
AED 33,100 /yr
Last sold
AED 3.21M · August 2024

About 105, Residence 110

105 is a three-bedroom apartment of 1,950 sqft on the 1st floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 20 August 2024 for AED 3,210,480, or AED 1,646 per sqft, 8% below the AED 1,784 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 127,917 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 105 over time

Sales
Unit 105, 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, August 2024: AED 3,210,480 (AED 1,646 per sqft)

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

Rents
Unit 105, 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 102,000 a yearRenewal, December 2021: AED 112,200 a yearNew contract, January 2023: AED 127,889 a yearRenewal, December 2023: AED 127,917 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 105 sits

All 41 3-beds →

105 last sold in August 2024 at AED 1,646 per sqft, 8% below what three-beds in Residence 110 were fetching at the time (AED 1,784). 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. 105's AED 127,917 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 153K /yr
Typical yield
6.3%
Residence 110, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 110 units in Residence 110
Value
1013-bedAED 3.15M · Oct 2024
1021-bedAED 1.77M · Apr 2024
1031-bedAED 1.85M · Feb 2025
1043-bedAED 2.89M · Sep 2024

105, Residence 110 in numbers

  • Sold once: by Select Global Development on 20 August 2024 for AED 3,210,480, or AED 1,646 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 102,000 to AED 127,917 a year.
  • At AED 127,917 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 33,100 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 20 August 2024.

Questions about 105, Residence 110

What did unit 105 last sell for?

AED 3,210,480 on 20 August 2024, sold by the developer: AED 1,646 per sqft for 1,950 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 127,917 a year on the contract renewed on 20 December 2023. The previous contract, from January 2023, was AED 127,889; the unit has been rented since December 2020.

How big is unit 105?

1,950 sqft (181.2 sqm): a three-bedroom apartment on the 1st floor of a 19-storey tower completed in 2022.

What is unit 105 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 105, Residence 110

Starts from the last sale price (AED 3.21M, 20 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,210,480
Deposit, UAE resident (20%)
AED 642,096
Deposit, non-resident (40%)
AED 1,284,192
Monthly over 25 years at 3.7%
AED 13,135

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