3-bed · 1,786 sqftResidence 110, Business Bay · 16th floor · completed 2022

1601, Residence 110

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

Unit 1601 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 3.17M24 September 2024
Current rentAED 390K /yr28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Residence 110

What is 1601 worth today?

Last sold for AED 3,171,555 in 2024

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28 Jan 2025RentedNew contract
AED 390,000/yr12 months · AED 218 per sqft
24 Sep 2024Sold by developerReady
AED 3,171,555AED 1,776 per sqft
1 Nov 2022RentedRenewal
AED 117,300/yr12 months · AED 66 per sqft
1 Nov 2021RentedRenewal
AED 102,000/yr12 months · AED 61 per sqft
1 Nov 2020RentedNew contract
AED 102,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
3-bed apartment
Size
1,786 sqft
Floor
16th of 19
Parking
B1-47, B1-48
Developer
Select Global Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.17M · September 2024

About 1601, Residence 110

1601 is a three-bedroom apartment of 1,786 sqft on the 16th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 24 September 2024 for AED 3,171,555, or AED 1,776 per sqft, in line with the AED 1,784 three-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 28 January 2025, is AED 390,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 30,300 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical three-bed in Residence 110
3.25M3.5M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, September 2024: AED 3,171,555 (AED 1,776 per sqft)

1601 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, each contractTypical three-bed in Residence 110
200K400K2020202220242026Typical 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, November 2020: AED 102,000 a yearRenewal, November 2021: AED 102,000 a yearRenewal, November 2022: AED 117,300 a yearNew contract, January 2025: AED 390,000 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 1601 sits

All 41 3-beds →

1601 last sold in September 2024 at AED 1,776 per sqft, in line with what three-beds in Residence 110 were fetching at the time (AED 1,784). 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. 1601's AED 390,000 is at the top 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 16th floor

All 110 units in Residence 110
Value
16021-bedAED 2.09M · Nov 2024
16032-bedAED 2.79M · Feb 2023
16042-bedAED 2.34M · Jan 2024
16051-bedAED 2.01M · Oct 2024
16063-bedAED 3.69M · Feb 2024

1601, Residence 110 in numbers

  • Sold once: by Select Global Development on 24 September 2024 for AED 3,171,555, or AED 1,776 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 102,000 to AED 390,000 a year.
  • At AED 390,000 a year the gross yield on the 2024 price is 12.3%, before a service charge of about AED 30,300 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 28 January 2025.

Questions about 1601, Residence 110

What did unit 1601 last sell for?

AED 3,171,555 on 24 September 2024, sold by the developer: AED 1,776 per sqft for 1,786 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 390,000 a year on the contract signed on 28 January 2025. The previous contract, from November 2022, was AED 117,300; the unit has been rented since November 2020.

How big is unit 1601?

1,786 sqft (165.9 sqm): a three-bedroom apartment on the 16th floor of a 19-storey tower completed in 2022.

What is unit 1601 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 1601, Residence 110

Starts from the last sale price (AED 3.17M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,171,555
Deposit, UAE resident (20%)
AED 634,311
Deposit, non-resident (40%)
AED 1,268,622
Monthly over 25 years at 3.7%
AED 12,976

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