1-bed · 1,106 sqftResidence 110, Business Bay · 5th floor · completed 2022

502, Residence 110

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

Unit 502 · DLD and Ejari recordsUpdated 13 June 2026
Last soldAED 1.92M21 March 2024
Current rentAED 130K /yr13 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Residence 110

What is 502 worth today?

Last sold for AED 1,919,775 in 2024

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13 Jun 2026RentedRenewal
AED 130,000/yr12 months · AED 118 per sqft
13 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 118 per sqft
13 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 90 per sqft
21 Mar 2024Sold by developerReady
AED 1,919,775AED 1,735 per sqft
1 Oct 2023RentedRenewal
AED 73,003/yr5 months · AED 66 per sqft
1 Oct 2022RentedRenewal
AED 73,500/yr12 months · AED 66 per sqft
1 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 63 per sqft
1 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 13 June 2026.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
5th of 19
Parking
B2-09
Developer
Select Global Development
Completed
2022
Service charge
AED 18,800 /yr
Last sold
AED 1.92M · March 2024

About 502, Residence 110

502 is a one-bedroom apartment of 1,106 sqft on the 5th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 21 March 2024 for AED 1,919,775, or AED 1,735 per sqft, 3% below the AED 1,797 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 13 June 2026, is AED 130,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, March 2024: AED 1,919,775 (AED 1,735 per sqft)

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

Rents
Unit 502, 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, October 2020: AED 70,000 a yearRenewal, October 2021: AED 70,000 a yearRenewal, October 2022: AED 73,500 a yearRenewal, October 2023: AED 73,003 a yearNew contract, June 2024: AED 100,000 a yearRenewal, June 2025: AED 130,000 a yearRenewal, June 2026: AED 130,000 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 502 sits

All 36 1-beds →

502 last sold in March 2024 at AED 1,735 per sqft, 3% below what one-beds in Residence 110 were fetching at the time (AED 1,797). 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. 502's AED 130,000 is in the upper half 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 155K /yr
Typical yield
6.3%
Residence 110, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 110 units in Residence 110
Value
5013-bedAED 3.11M · Aug 2024
5032-bedAED 2.67M · Feb 2024
5042-bedAED 2.25M · Nov 2024
5051-bedAED 1.84M · Feb 2024
5063-bedAED 3.43M · Apr 2025

502, Residence 110 in numbers

  • Sold once: by Select Global Development on 21 March 2024 for AED 1,919,775, or AED 1,735 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 70,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.8%, 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 13 June 2026.

Questions about 502, Residence 110

What did unit 502 last sell for?

AED 1,919,775 on 21 March 2024, sold by the developer: AED 1,735 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 130,000 a year on the contract renewed on 13 June 2026. The previous contract, from June 2025, was AED 130,000; the unit has been rented since October 2020.

How big is unit 502?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2022.

What is unit 502 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 502, Residence 110

Starts from the last sale price (AED 1.92M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,919,775
Deposit, UAE resident (20%)
AED 383,955
Deposit, non-resident (40%)
AED 767,910
Monthly over 25 years at 3.7%
AED 7,854

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