2-bed · 1,466 sqftResidence 110, Business Bay · 15th floor · completed 2022

1503, Residence 110

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

Unit 1503 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 2.79M8 March 2024
Current rentAED 135K /yr29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Residence 110

What is 1503 worth today?

Last sold for AED 2,785,860 in 2024

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8 Mar 2024Sold by developerReady
AED 2,785,860AED 1,900 per sqft
29 Sep 2023RentedRenewal
AED 134,723/yr5 months · AED 92 per sqft
29 Sep 2022RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
5 Oct 2021RentedNew contract
AED 99,750/yr12 months · AED 71 per sqft
5 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
15th of 19
Parking
B2-66, B2-67
Developer
Select Global Development
Completed
2022
Service charge
AED 24,900 /yr
Last sold
AED 2.79M · March 2024

About 1503, Residence 110

1503 is a two-bedroom apartment of 1,466 sqft on the 15th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 8 March 2024 for AED 2,785,860, or AED 1,900 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 4 Ejari contracts. The current contract, renewed on 29 September 2023, is AED 134,723 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 24,900 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, March 2024: AED 2,785,860 (AED 1,900 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, 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 95,000 a yearNew contract, October 2021: AED 99,750 a yearNew contract, September 2022: AED 135,000 a yearRenewal, September 2023: AED 134,723 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 1503 sits

All 32 2-beds →

1503 last sold in March 2024 at AED 1,900 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. 1503's AED 134,723 is in the lower 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 15th floor

All 110 units in Residence 110
Value
15013-bedAED 3.55M · Sep 2026
15021-bedAED 2.08M · Feb 2024
15042-bedAED 2.37M · Apr 2024
15051-bedAED 2M · Mar 2024
15063-bedAED 3.85M · Jun 2025

1503, Residence 110 in numbers

  • Sold once: by Select Global Development on 8 March 2024 for AED 2,785,860, or AED 1,900 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 95,000 to AED 134,723 a year.
  • At AED 134,723 a year the gross yield on the 2024 price is 4.8%, 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 8 March 2024.

Questions about 1503, Residence 110

What did unit 1503 last sell for?

AED 2,785,860 on 8 March 2024, sold by the developer: AED 1,900 per sqft for 1,466 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 134,723 a year on the contract renewed on 29 September 2023. The previous contract, from September 2022, was AED 135,000; the unit has been rented since October 2020.

How big is unit 1503?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2022.

What is unit 1503 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 1503, Residence 110

Starts from the last sale price (AED 2.79M, 8 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,785,860
Deposit, UAE resident (20%)
AED 557,172
Deposit, non-resident (40%)
AED 1,114,344
Monthly over 25 years at 3.7%
AED 11,398

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