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

301, Residence 110

Sold prices and rental history: sold once, by the developer in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 3.09M7 August 2024
Current rentAED 124K /yr21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Residence 110

What is 301 worth today?

Last sold for AED 3,089,000 in 2024

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7 Aug 2024Sold by developerReady
AED 3,089,000AED 1,730 per sqft
21 Feb 2023RentedRenewal
AED 124,236/yr12 months · AED 70 per sqft
21 Feb 2022RentedRenewal
AED 113,300/yr12 months · AED 67 per sqft
21 Feb 2021RentedNew contract
AED 103,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
3-bed apartment
Size
1,786 sqft
Floor
3rd of 19
Parking
B2-46, B2-47
Developer
Select Global Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.09M · August 2024

About 301, Residence 110

301 is a three-bedroom apartment of 1,786 sqft on the 3rd floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 7 August 2024 for AED 3,089,000, or AED 1,730 per sqft, 3% below the AED 1,789 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 21 February 2023, is AED 124,236 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 30,300 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Residence 110
3M3.25M3.5M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, August 2024: AED 3,089,000 (AED 1,730 per sqft)

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

Rents
Unit 301, 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, February 2021: AED 103,000 a yearRenewal, February 2022: AED 113,300 a yearRenewal, February 2023: AED 124,236 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 301 sits

All 41 3-beds →

301 last sold in August 2024 at AED 1,730 per sqft, 3% below what three-beds in Residence 110 were fetching at the time (AED 1,789). 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. 301's AED 124,236 is in the lower 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 3rd floor

All 110 units in Residence 110
Value
3021-bedAED 1.79M · Oct 2023
3031-bedAED 1.98M · Feb 2024
3043-bedAED 2.93M · Jul 2024
3053-bedAED 3.12M · Jan 2024

301, Residence 110 in numbers

  • Sold once: by Select Global Development on 7 August 2024 for AED 3,089,000, or AED 1,730 per sqft.
  • Rented since February 2021 on 3 Ejari contracts, from AED 103,000 to AED 124,236 a year.
  • At AED 124,236 a year the gross yield on the 2024 price is 4.0%, 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 7 August 2024.

Questions about 301, Residence 110

What did unit 301 last sell for?

AED 3,089,000 on 7 August 2024, sold by the developer: AED 1,730 per sqft for 1,786 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 124,236 a year on the contract renewed on 21 February 2023. The previous contract, from February 2022, was AED 113,300; the unit has been rented since February 2021.

How big is unit 301?

1,786 sqft (165.9 sqm): a three-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2022.

What is unit 301 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 301, Residence 110

Starts from the last sale price (AED 3.09M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,089,000
Deposit, UAE resident (20%)
AED 617,800
Deposit, non-resident (40%)
AED 1,235,600
Monthly over 25 years at 3.7%
AED 12,638

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