1-bed · 1,108 sqftResidence 110, Business Bay · 2nd floor · completed 2022

203, Residence 110

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

Unit 203 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 1.9M8 May 2024
Current rentAED 71K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Residence 110

What is 203 worth today?

Last sold for AED 1,900,077 in 2024

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8 May 2024Sold by developerReady
AED 1,900,077AED 1,714 per sqft
15 Aug 2023RentedRenewal
AED 71,379/yr7 months · AED 64 per sqft
15 Aug 2022RentedRenewal
AED 71,663/yr12 months · AED 65 per sqft
15 Aug 2021RentedRenewal
AED 68,250/yr12 months · AED 68 per sqft
15 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
1-bed apartment
Size
1,108 sqft
Floor
2nd of 19
Parking
B2-04
Developer
Select Global Development
Completed
2022
Service charge
AED 18,800 /yr
Last sold
AED 1.9M · May 2024

About 203, Residence 110

203 is a one-bedroom apartment of 1,108 sqft on the 2nd floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 8 May 2024 for AED 1,900,077, or AED 1,714 per sqft, 6% below the AED 1,831 one-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 15 August 2023, is AED 71,379 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Residence 110
1.5M1.75M2M20232024202520262027Typical sale price by year: 2023 AED 1,790,688; 2024 AED 1,986,025; 2026 AED 1,500,000Sold by developer, May 2024: AED 1,900,077 (AED 1,714 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Residence 110
100K2020202220242026Typical rent by year: 2020 AED 70,000; 2021 AED 73,923; 2022 AED 77,700; 2023 AED 77,299; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000New contract, August 2020: AED 65,000 a yearRenewal, August 2021: AED 68,250 a yearRenewal, August 2022: AED 71,663 a yearRenewal, August 2023: AED 71,379 a year

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 203 sits

All 36 1-beds →

203 last sold in May 2024 at AED 1,714 per sqft, 6% below what one-beds in Residence 110 were fetching at the time (AED 1,831). 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. 203's AED 71,379 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jun 20261,500,000
29 Jan 2026900,000
28 Jan 20262,060,000
10 Feb 20252,002,000
3 1-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 2nd floor

All 110 units in Residence 110
Value
2013-bedAED 3.16M · Sep 2024
2021-bedAED 1.78M · Apr 2024
2043-bedAED 2.91M · Nov 2023
2053-bedAED 3.16M · Jan 2024

203, Residence 110 in numbers

  • Sold once: by Select Global Development on 8 May 2024 for AED 1,900,077, or AED 1,714 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 65,000 to AED 71,379 a year.
  • At AED 71,379 a year the gross yield on the 2024 price is 3.8%, 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 8 May 2024.

Questions about 203, Residence 110

What did unit 203 last sell for?

AED 1,900,077 on 8 May 2024, sold by the developer: AED 1,714 per sqft for 1,108 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 71,379 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 71,663; the unit has been rented since August 2020.

How big is unit 203?

1,108 sqft (102.9 sqm): a one-bedroom apartment on the 2nd floor of a 19-storey tower completed in 2022.

What is unit 203 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 203, Residence 110

Starts from the last sale price (AED 1.9M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,077
Deposit, UAE resident (20%)
AED 380,015
Deposit, non-resident (40%)
AED 760,031
Monthly over 25 years at 3.7%
AED 7,774

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