2-bed · 1,466 sqftResidence 110, Business Bay · 12th floor · completed 2022

1203, Residence 110

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

Unit 1203 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 2.76M7 April 2024
Current rentAED 165K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Residence 110

What is 1203 worth today?

Last sold for AED 2,764,300 in 2024

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1 May 2026RentedRenewal
AED 164,558/yr12 months · AED 112 per sqft
1 May 2025RentedRenewal
AED 165,000/yr12 months · AED 113 per sqft
1 May 2024RentedNew contract
AED 165,000/yr12 months · AED 113 per sqft
7 Apr 2024Sold by developerReady
AED 2,764,300AED 1,886 per sqft
5 Aug 2023RentedRenewal
AED 98,081/yr6 months · AED 67 per sqft
5 Aug 2022RentedRenewal
AED 97,650/yr12 months · AED 67 per sqft
5 Aug 2021RentedRenewal
AED 93,000/yr12 months · AED 67 per sqft
5 Aug 2020RentedNew contract
AED 93,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
12th of 19
Parking
B1-95, B1-96
Developer
Select Global Development
Completed
2022
Service charge
AED 24,900 /yr
Last sold
AED 2.76M · April 2024

About 1203, Residence 110

1203 is a two-bedroom apartment of 1,466 sqft on the 12th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 7 April 2024 for AED 2,764,300, or AED 1,886 per sqft, in line with the AED 1,891 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 164,558 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 24,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Residence 110
2.4M2.6M2.8M202320242025Typical sale price by year: 2023 AED 2,382,000; 2024 AED 2,590,000Sold by developer, April 2024: AED 2,764,300 (AED 1,886 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Residence 110
100K150K2020202220242026Typical rent by year: 2020 AED 90,000; 2021 AED 92,400; 2022 AED 99,000; 2023 AED 98,557; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 164,779New contract, August 2020: AED 93,000 a yearRenewal, August 2021: AED 93,000 a yearRenewal, August 2022: AED 97,650 a yearRenewal, August 2023: AED 98,081 a yearNew contract, May 2024: AED 165,000 a yearRenewal, May 2025: AED 165,000 a yearRenewal, May 2026: AED 164,558 a year

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

2-beds in Residence 110, and where 1203 sits

All 32 2-beds →

1203 last sold in April 2024 at AED 1,886 per sqft, in line with what two-beds in Residence 110 were fetching at the time (AED 1,891). Over the last 12 months two-beds sold for AED 2,200,000 to 2,300,000, around AED 1,925 per sqft, and rent for AED 120,000 to 186,000 a year. 1203's AED 164,558 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Sep 20262,200,000
6 Aug 20262,300,000
21 Oct 20252,050,000
9 Dec 20242,681,000
2 2-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 12th floor

All 110 units in Residence 110
Value
12013-bedAED 3.25M · Apr 2024
12021-bedAED 1M · May 2024
12042-bedAED 2.33M · May 2023
12051-bedAED 1.92M · Feb 2024
12063-bedAED 3.61M · Aug 2024

1203, Residence 110 in numbers

  • Sold once: by Select Global Development on 7 April 2024 for AED 2,764,300, or AED 1,886 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 93,000 to AED 164,558 a year.
  • At AED 164,558 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 24,900 a year (AED 16.99 per sqft).
  • Two-beds in Residence 110 sold for AED 2,200,000–2,300,000 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 May 2026.

Questions about 1203, Residence 110

What did unit 1203 last sell for?

AED 2,764,300 on 7 April 2024, sold by the developer: AED 1,886 per sqft for 1,466 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 164,558 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 165,000; the unit has been rented since August 2020.

How big is unit 1203?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2022.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Residence 110 sold for AED 2,200,000 to 2,300,000 in the last 12 months, around AED 1,925 per sqft.

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Mortgage on 1203, Residence 110

Starts from the last sale price (AED 2.76M, 7 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,764,300
Deposit, UAE resident (20%)
AED 552,860
Deposit, non-resident (40%)
AED 1,105,720
Monthly over 25 years at 3.7%
AED 11,310

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