3-bed · 1,951 sqftResidence 110, Business Bay · 12th floor · completed 2022

1206, 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 1206 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 3.61M30 August 2024
Current rentAED 161K /yr26 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Residence 110

What is 1206 worth today?

Last sold for AED 3,608,000 in 2024

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30 Aug 2024Sold by developerReady
AED 3,608,000AED 1,849 per sqft
26 Mar 2024RentedNew contract
AED 160,579/yr4 months · AED 82 per sqft
5 Aug 2023RentedRenewal
AED 159,890/yr6 months · AED 82 per sqft
5 Aug 2022RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft
8 Sep 2021RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
8 Aug 2020RentedNew contract
AED 101,538/yr13 months · AED 55 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
12th of 19
Parking
B1-31, B1-93, B1-94
Developer
Select Global Development
Completed
2022
Service charge
AED 33,100 /yr
Last sold
AED 3.61M · August 2024

About 1206, Residence 110

1206 is a three-bedroom apartment of 1,951 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 30 August 2024 for AED 3,608,000, or AED 1,849 per sqft, 3% above the AED 1,789 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 26 March 2024, is AED 160,579 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical three-bed in Residence 110
3.4M3.6M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, August 2024: AED 3,608,000 (AED 1,849 per sqft)

1206 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, 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, August 2020: AED 101,538 a yearRenewal, September 2021: AED 115,000 a yearNew contract, August 2022: AED 160,000 a yearRenewal, August 2023: AED 159,890 a yearNew contract, March 2024: AED 160,579 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 1206 sits

All 41 3-beds →

1206 last sold in August 2024 at AED 1,849 per sqft, 3% above what three-beds in Residence 110 were fetching at the time (AED 1,789). 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. 1206's AED 160,579 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 12th floor

All 110 units in Residence 110
Value
12013-bedAED 3.25M · Apr 2024
12021-bedAED 1M · May 2024
12032-bedAED 2.76M · Apr 2024
12042-bedAED 2.33M · May 2023
12051-bedAED 1.92M · Feb 2024

1206, Residence 110 in numbers

  • Sold once: by Select Global Development on 30 August 2024 for AED 3,608,000, or AED 1,849 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 101,538 to AED 160,579 a year.
  • At AED 160,579 a year the gross yield on the 2024 price is 4.5%, 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 30 August 2024.

Questions about 1206, Residence 110

What did unit 1206 last sell for?

AED 3,608,000 on 30 August 2024, sold by the developer: AED 1,849 per sqft for 1,951 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 160,579 a year on the contract signed on 26 March 2024. The previous contract, from August 2023, was AED 159,890; the unit has been rented since August 2020.

How big is unit 1206?

1,951 sqft (181.3 sqm): a three-bedroom apartment on the 12th floor of a 19-storey tower completed in 2022.

What is unit 1206 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 1206, Residence 110

Starts from the last sale price (AED 3.61M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,608,000
Deposit, UAE resident (20%)
AED 721,600
Deposit, non-resident (40%)
AED 1,443,200
Monthly over 25 years at 3.7%
AED 14,761

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