2-bed · 1,466 sqftResidence 110, Business Bay · 13th floor · completed 2022

1303, Residence 110

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

Unit 1303 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 2.7M20 May 2024
Current rentAED 97K /yr12 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Residence 110

What is 1303 worth today?

Last sold for AED 2,700,058 in 2024

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20 May 2024Sold by developerReady
AED 2,700,058AED 1,842 per sqft
12 Feb 2024RentedNew contract
AED 97,449/yr3 months · AED 66 per sqft
1 Oct 2022RentedRenewal
AED 98,700/yr12 months · AED 67 per sqft
1 Oct 2021RentedRenewal
AED 94,000/yr12 months · AED 67 per sqft
1 Oct 2020RentedNew contract
AED 94,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
13th of 19
Parking
B2-80, B2-81
Developer
Select Global Development
Completed
2022
Service charge
AED 24,900 /yr
Last sold
AED 2.7M · May 2024

About 1303, Residence 110

1303 is a two-bedroom apartment of 1,466 sqft on the 13th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 20 May 2024 for AED 2,700,058, or AED 1,842 per sqft, in line with the AED 1,890 two-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 12 February 2024, is AED 97,449 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 24,900 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Residence 110
2.4M2.6M202320242025Typical sale price by year: 2023 AED 2,382,000; 2024 AED 2,590,000Sold by developer, May 2024: AED 2,700,058 (AED 1,842 per sqft)

1303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, 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, October 2020: AED 94,000 a yearRenewal, October 2021: AED 94,000 a yearRenewal, October 2022: AED 98,700 a yearNew contract, February 2024: AED 97,449 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 1303 sits

All 32 2-beds →

1303 last sold in May 2024 at AED 1,842 per sqft, in line with what two-beds in Residence 110 were fetching at the time (AED 1,890). 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. 1303's AED 97,449 is at the bottom 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 13th floor

All 110 units in Residence 110
Value
13013-bedAED 3.2M · May 2024
13021-bedAED 2.01M · Feb 2024
13042-bedAED 2.35M · Feb 2024
13051-bedAED 1.93M · Mar 2024
13063-bedAED 3.63M · Jul 2025

1303, Residence 110 in numbers

  • Sold once: by Select Global Development on 20 May 2024 for AED 2,700,058, or AED 1,842 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 94,000 to AED 97,449 a year.
  • At AED 97,449 a year the gross yield on the 2024 price is 3.6%, 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 20 May 2024.

Questions about 1303, Residence 110

What did unit 1303 last sell for?

AED 2,700,058 on 20 May 2024, sold by the developer: AED 1,842 per sqft for 1,466 sqft. It is the only registered sale of the unit.

What is the rent for unit 1303?

AED 97,449 a year on the contract signed on 12 February 2024. The previous contract, from October 2022, was AED 98,700; the unit has been rented since October 2020.

How big is unit 1303?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 13th floor of a 19-storey tower completed in 2022.

What is unit 1303 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 1303, Residence 110

Starts from the last sale price (AED 2.7M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,058
Deposit, UAE resident (20%)
AED 540,012
Deposit, non-resident (40%)
AED 1,080,023
Monthly over 25 years at 3.7%
AED 11,047

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