3-bed · 1,723 sqftResidence 110, Business Bay · 2nd floor · completed 2022

204, Residence 110

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 24 November 2023
Last soldAED 2.91M24 November 2023
Current rentAED 113K /yr29 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Residence 110

What is 204 worth today?

Last sold for AED 2,911,000 in 2023

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24 Nov 2023Sold by developerReady
AED 2,911,000AED 1,689 per sqft
29 Aug 2023RentedNew contract
AED 112,787/yr12 months · AED 65 per sqft
25 Jan 2023RentedRenewal
AED 125,400/yr12 months · AED 73 per sqft
25 Jan 2022RentedRenewal
AED 114,000/yr12 months · AED 70 per sqft
25 Jan 2021RentedNew contract
AED 102,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 24 November 2023.

Key facts

Type
3-bed apartment
Size
1,723 sqft
Floor
2nd of 19
Parking
B1-99, B1-100
Developer
Select Global Development
Completed
2022
Service charge
AED 29,300 /yr
Last sold
AED 2.91M · November 2023

About 204, Residence 110

204 is a three-bedroom apartment of 1,723 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 24 November 2023 for AED 2,911,000, or AED 1,689 per sqft, in line with the AED 1,726 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 29 August 2023, is AED 112,787 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 29,300 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Residence 110
3M3.5M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, November 2023: AED 2,911,000 (AED 1,689 per sqft)

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

Rents
Unit 204, 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, January 2021: AED 102,000 a yearRenewal, January 2022: AED 114,000 a yearRenewal, January 2023: AED 125,400 a yearNew contract, August 2023: AED 112,787 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 204 sits

All 41 3-beds →

204 last sold in November 2023 at AED 1,689 per sqft, in line with what three-beds in Residence 110 were fetching at the time (AED 1,726). 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. 204's AED 112,787 is at the bottom 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 2nd floor

All 110 units in Residence 110
Value
2013-bedAED 3.16M · Sep 2024
2021-bedAED 1.78M · Apr 2024
2031-bedAED 1.9M · May 2024
2053-bedAED 3.16M · Jan 2024

204, Residence 110 in numbers

  • Sold once: by Select Global Development on 24 November 2023 for AED 2,911,000, or AED 1,689 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 102,000 to AED 112,787 a year.
  • At AED 112,787 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 29,300 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 24 November 2023.

Questions about 204, Residence 110

What did unit 204 last sell for?

AED 2,911,000 on 24 November 2023, sold by the developer: AED 1,689 per sqft for 1,723 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 112,787 a year on the contract signed on 29 August 2023. The previous contract, from January 2023, was AED 125,400; the unit has been rented since January 2021.

How big is unit 204?

1,723 sqft (160.1 sqm): a three-bedroom apartment on the 2nd floor of a 19-storey tower completed in 2022.

What is unit 204 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 204, Residence 110

Starts from the last sale price (AED 2.91M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,911,000
Deposit, UAE resident (20%)
AED 582,200
Deposit, non-resident (40%)
AED 1,164,400
Monthly over 25 years at 3.7%
AED 11,910

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