1602, Residence 110
Sold prices and rental history: sold once, by the developer in November 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Residence 110
What is 1602 worth today?
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Source: Dubai Land Department. Updated 29 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,108 sqft
- Floor
- 16th of 19
- Parking
- B1-23
- Developer
- Select Global Development
- Completed
- 2022
- Service charge
- AED 18,800 /yr
- Last sold
- AED 2.09M · November 2024
- Building
- Residence 110
About 1602, Residence 110
1602 is a one-bedroom apartment of 1,108 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 29 November 2024 for AED 2,094,000, or AED 1,890 per sqft, in line with the AED 1,850 one-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 7 February 2024, is AED 89,673 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
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 1602 sits
All 36 1-beds →1602 last sold in November 2024 at AED 1,890 per sqft, in line with what one-beds in Residence 110 were fetching at the time (AED 1,850). 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. 1602's AED 89,673 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,018 sqft | 1,500,000 | 1,473 | ||
| 29 Jan 202629 January 2026 | 1,018 sqft | 900,000 | 884 | ||
| 28 Jan 202628 January 2026 | 1,106 sqft | 2,060,000 | 1,862 | ||
| 10 Feb 202510 February 2025 | 1,106 sqft | 2,002,000 | 1,809 |
Residence 110
Building110 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 155K /yr
- Typical yield
- 6.3%
Other units on the 16th floor
All 110 units in Residence 110| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,786 sqft | AED 3.17MAED 3,171,555 · Sep 2024September 2024 | 390,000 /yr | |
| 1603 | 2-bed | 1,466 sqft | AED 2.79MAED 2,786,565 · Feb 2023February 2023 | 140,000 /yr | |
| 1604 | 2-bed | 1,235 sqft | AED 2.34MAED 2,335,340 · Jan 2024January 2024 | 157,500 /yr | |
| 1605 | 1-bed | 1,023 sqft | AED 2.01MAED 2,006,201 · Oct 2024October 2024 | 125,348 /yr | |
| 1606 | 3-bed | 1,951 sqft | AED 3.69MAED 3,686,000 · Feb 2024February 2024 | 220,000 /yr |
1602, Residence 110 in numbers
- Sold once: by Select Global Development on 29 November 2024 for AED 2,094,000, or AED 1,890 per sqft.
- Rented since September 2020 on 4 Ejari contracts, from AED 82,000 to AED 89,673 a year.
- At AED 89,673 a year the gross yield on the 2024 price is 4.3%, 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 29 November 2024.
Questions about 1602, Residence 110
What did unit 1602 last sell for?
AED 2,094,000 on 29 November 2024, sold by the developer: AED 1,890 per sqft for 1,108 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 89,673 a year on the contract signed on 7 February 2024. The previous contract, from October 2022, was AED 82,000; the unit has been rented since September 2020.
How big is unit 1602?
1,108 sqft (102.9 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2022.
What is unit 1602 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 1602, Residence 110
Starts from the last sale price (AED 2.09M, 29 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,094,000
- Deposit, UAE resident (20%)
- AED 418,800
- Deposit, non-resident (40%)
- AED 837,600
- Monthly over 25 years at 3.7%
- AED 8,567
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →