1-bed · 1,108 sqftResidence 110, Business Bay · 14th floor · completed 2022

1402, 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 1402 · DLD and Ejari recordsUpdated 17 April 2024
Last soldAED 2.05M17 April 2024
Current rentAED 77K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Residence 110

What is 1402 worth today?

Last sold for AED 2,050,290 in 2024

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17 Apr 2024Sold by developerReady
AED 2,050,290AED 1,850 per sqft
1 Oct 2023RentedRenewal
AED 77,423/yr5 months · AED 70 per sqft
1 Oct 2022RentedRenewal
AED 77,700/yr12 months · AED 70 per sqft
1 Oct 2021RentedRenewal
AED 74,000/yr12 months · AED 67 per sqft
1 Oct 2020RentedNew contract
AED 74,000/yr12 months · AED 67 per sqft
15 Aug 2020RentedNew contract
AED 74,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 17 April 2024.

Key facts

Type
1-bed apartment
Size
1,108 sqft
Floor
14th of 19
Parking
B1-17
Developer
Select Global Development
Completed
2022
Service charge
AED 18,800 /yr
Last sold
AED 2.05M · April 2024

About 1402, Residence 110

1402 is a one-bedroom apartment of 1,108 sqft on the 14th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 17 April 2024 for AED 2,050,290, or AED 1,850 per sqft, in line with the AED 1,831 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 77,423 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical one-bed in Residence 110
1.5M1.75M2M20232024202520262027Typical sale price by year: 2023 AED 1,790,688; 2024 AED 1,986,025; 2026 AED 1,500,000Sold by developer, April 2024: AED 2,050,290 (AED 1,850 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in Residence 110
75K100K125K2020202220242026Typical rent by year: 2020 AED 70,000; 2021 AED 73,923; 2022 AED 77,700; 2023 AED 77,299; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000New contract, August 2020: AED 74,000 a yearNew contract, October 2020: AED 74,000 a yearRenewal, October 2021: AED 74,000 a yearRenewal, October 2022: AED 77,700 a yearRenewal, October 2023: AED 77,423 a year

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

1-beds in Residence 110, and where 1402 sits

All 36 1-beds →

1402 last sold in April 2024 at AED 1,850 per sqft, in line with what one-beds in Residence 110 were fetching at the time (AED 1,831). Over the last 12 months one-beds sold for AED 900,000 to 2,060,000, around AED 1,473 per sqft, and rent for AED 100,000 to 139,625 a year. 1402's AED 77,423 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jun 20261,500,000
29 Jan 2026900,000
28 Jan 20262,060,000
10 Feb 20252,002,000
3 1-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 14th floor

All 110 units in Residence 110
Value
14013-bedAED 3.29M · Jul 2024
14032-bedAED 2.77M · Feb 2024
14042-bedAED 2.36M · Sep 2023
14051-bedAED 1.99M · Apr 2024
14063-bedAED 3.65M · Sep 2024

1402, Residence 110 in numbers

  • Sold once: by Select Global Development on 17 April 2024 for AED 2,050,290, or AED 1,850 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 74,000 to AED 77,423 a year.
  • At AED 77,423 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 18,800 a year (AED 16.99 per sqft).
  • One-beds in Residence 110 sold for AED 900,000–2,060,000 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 17 April 2024.

Questions about 1402, Residence 110

What did unit 1402 last sell for?

AED 2,050,290 on 17 April 2024, sold by the developer: AED 1,850 per sqft for 1,108 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 77,423 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 77,700; the unit has been rented since August 2020.

How big is unit 1402?

1,108 sqft (102.9 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower completed in 2022.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Residence 110 sold for AED 900,000 to 2,060,000 in the last 12 months, around AED 1,473 per sqft.

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Mortgage on 1402, Residence 110

Starts from the last sale price (AED 2.05M, 17 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,290
Deposit, UAE resident (20%)
AED 410,058
Deposit, non-resident (40%)
AED 820,116
Monthly over 25 years at 3.7%
AED 8,388

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