2-bed · 1,235 sqftResidence 110, Business Bay · 14th floor · completed 2022

1404, Residence 110

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 2.36M11 September 2023
Current rentAED 95K /yr6 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Residence 110

What is 1404 worth today?

Last sold for AED 2,358,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Sep 2023Sold by developerReady
AED 2,358,000AED 1,909 per sqft
6 Nov 2022RentedRenewal
AED 94,500/yr12 months · AED 77 per sqft
6 Nov 2021RentedRenewal
AED 90,000/yr12 months · AED 78 per sqft
6 Nov 2020RentedNew contract
AED 83,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
2-bed apartment
Size
1,235 sqft
Floor
14th of 19
Parking
B2-54, B2-55
Developer
Select Global Development
Completed
2022
Service charge
AED 21,000 /yr
Last sold
AED 2.36M · September 2023

About 1404, Residence 110

1404 is a two-bedroom apartment of 1,235 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 11 September 2023 for AED 2,358,000, or AED 1,909 per sqft, in line with the AED 1,905 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 6 November 2022, is AED 94,500 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, September 2023: AED 2,358,000 (AED 1,909 per sqft)

1404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, 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, November 2020: AED 83,000 a yearRenewal, November 2021: AED 90,000 a yearRenewal, November 2022: AED 94,500 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 1404 sits

All 32 2-beds →

1404 last sold in September 2023 at AED 1,909 per sqft, in line with what two-beds in Residence 110 were fetching at the time (AED 1,905). 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. 1404's AED 94,500 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 14th floor

All 110 units in Residence 110
Value
14013-bedAED 3.29M · Jul 2024
14021-bedAED 2.05M · Apr 2024
14032-bedAED 2.77M · Feb 2024
14051-bedAED 1.99M · Apr 2024
14063-bedAED 3.65M · Sep 2024

1404, Residence 110 in numbers

  • Sold once: by Select Global Development on 11 September 2023 for AED 2,358,000, or AED 1,909 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 83,000 to AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 21,000 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 11 September 2023.

Questions about 1404, Residence 110

What did unit 1404 last sell for?

AED 2,358,000 on 11 September 2023, sold by the developer: AED 1,909 per sqft for 1,235 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 94,500 a year on the contract renewed on 6 November 2022. The previous contract, from November 2021, was AED 90,000; the unit has been rented since November 2020.

How big is unit 1404?

1,235 sqft (114.7 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2022.

What is unit 1404 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.

Selling 1404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1404, Residence 110

Starts from the last sale price (AED 2.36M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,358,000
Deposit, UAE resident (20%)
AED 471,600
Deposit, non-resident (40%)
AED 943,200
Monthly over 25 years at 3.7%
AED 9,647

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