3-bed · 2,990 sqftResidence 110, Business Bay · 19th floor · completed 2022

1905, Residence 110

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

Unit 1905 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 6.55M12 June 2024
Current rentAED 245K /yr22 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1905, Residence 110

What is 1905 worth today?

Last sold for AED 6,550,000 in 2024

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12 Jun 2024Sold by developerReady
AED 6,550,000AED 2,190 per sqft
22 Nov 2023RentedRenewal
AED 244,943/yr4 months · AED 82 per sqft
22 Nov 2022RentedRenewal
AED 248,050/yr12 months · AED 83 per sqft
22 Nov 2021RentedRenewal
AED 225,500/yr12 months · AED 75 per sqft
22 Nov 2020RentedNew contract
AED 205,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
3-bed apartment
Size
2,990 sqft
Floor
19th of 19
Parking
B1-45, B1-46
Developer
Select Global Development
Completed
2022
Service charge
AED 50,800 /yr
Last sold
AED 6.55M · June 2024

About 1905, Residence 110

1905 is a three-bedroom apartment of 2,990 sqft on the 19th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 12 June 2024 for AED 6,550,000, or AED 2,190 per sqft, 23% above the AED 1,782 three-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 22 November 2023, is AED 244,943 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 50,800 a year.

Sales and rents for 1905 over time

Sales
Unit 1905, each saleTypical three-bed in Residence 110
4M6M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, June 2024: AED 6,550,000 (AED 2,190 per sqft)

1905 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1905, each contractTypical three-bed in Residence 110
100K200K2020202220242026Typical 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 205,000 a yearRenewal, November 2021: AED 225,500 a yearRenewal, November 2022: AED 248,050 a yearRenewal, November 2023: AED 244,943 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 1905 sits

All 41 3-beds →

1905 last sold in June 2024 at AED 2,190 per sqft, 23% above what three-beds in Residence 110 were fetching at the time (AED 1,782). 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. 1905's AED 244,943 is in the upper half 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 19th floor

All 110 units in Residence 110
Value
19013-bedAED 3.37M · Apr 2023
19021-bedAED 2.13M · Apr 2024
19032-bedAED 2.82M · Jun 2023
1904StudioAED 2.45M · Jun 2024

1905, Residence 110 in numbers

  • Sold once: by Select Global Development on 12 June 2024 for AED 6,550,000, or AED 2,190 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 205,000 to AED 244,943 a year.
  • At AED 244,943 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 50,800 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 12 June 2024.

Questions about 1905, Residence 110

What did unit 1905 last sell for?

AED 6,550,000 on 12 June 2024, sold by the developer: AED 2,190 per sqft for 2,990 sqft. It is the only registered sale of the unit.

What is the rent for unit 1905?

AED 244,943 a year on the contract renewed on 22 November 2023. The previous contract, from November 2022, was AED 248,050; the unit has been rented since November 2020.

How big is unit 1905?

2,990 sqft (277.8 sqm): a three-bedroom apartment on the 19th floor of a 19-storey tower completed in 2022.

What is unit 1905 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 1905, Residence 110

Starts from the last sale price (AED 6.55M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,550,000
Deposit, UAE resident (20%)
AED 1,310,000
Deposit, non-resident (40%)
AED 2,620,000
Monthly over 25 years at 3.7%
AED 26,798

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