1-bed · 1,023 sqftResidence 110, Business Bay · 5th floor · completed 2022

505, Residence 110

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

Unit 505 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 1.84M20 February 2024
Current rentAED 115K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Residence 110

What is 505 worth today?

Last sold for AED 1,842,258 in 2024

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2 Oct 2026RentedRenewal
AED 115,000/yr12 months · AED 112 per sqft
2 Oct 2025RentedRenewal
AED 115,000/yr12 months · AED 112 per sqft
2 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
20 Feb 2024Sold by developerReady
AED 1,842,258AED 1,800 per sqft
17 Apr 2023RentedRenewal
AED 85,219/yr10 months · AED 83 per sqft
17 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
20 Mar 2021RentedRenewal
AED 73,846/yr13 months · AED 82 per sqft
20 Feb 2020RentedNew contract
AED 73,846/yr13 months · AED 82 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
5th of 19
Parking
B2-10
Developer
Select Global Development
Completed
2022
Service charge
AED 17,400 /yr
Last sold
AED 1.84M · February 2024

About 505, Residence 110

505 is a one-bedroom apartment of 1,023 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 20 February 2024 for AED 1,842,258, or AED 1,800 per sqft, in line with the AED 1,790 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 2 October 2026, is AED 115,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, February 2024: AED 1,842,258 (AED 1,800 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Residence 110
75K100K125K2020202220242026Typical 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, February 2020: AED 73,846 a yearRenewal, March 2021: AED 73,846 a yearNew contract, April 2022: AED 85,000 a yearRenewal, April 2023: AED 85,219 a yearNew contract, October 2024: AED 110,000 a yearRenewal, October 2025: AED 115,000 a yearRenewal, October 2026: AED 115,000 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 505 sits

All 36 1-beds →

505 last sold in February 2024 at AED 1,800 per sqft, in line with what one-beds in Residence 110 were fetching at the time (AED 1,790). 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. 505's AED 115,000 is in the lower 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 153K /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
5021-bedAED 1.92M · Mar 2024
5032-bedAED 2.67M · Feb 2024
5042-bedAED 2.25M · Nov 2024
5063-bedAED 3.43M · Apr 2025

505, Residence 110 in numbers

  • Sold once: by Select Global Development on 20 February 2024 for AED 1,842,258, or AED 1,800 per sqft.
  • Rented since February 2020 on 7 Ejari contracts, from AED 73,846 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 17,400 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 2 October 2026.

Questions about 505, Residence 110

What did unit 505 last sell for?

AED 1,842,258 on 20 February 2024, sold by the developer: AED 1,800 per sqft for 1,023 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 115,000 a year on the contract renewed on 2 October 2026. The previous contract, from October 2025, was AED 115,000; the unit has been rented since February 2020.

How big is unit 505?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2022.

What is unit 505 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 505, Residence 110

Starts from the last sale price (AED 1.84M, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,842,258
Deposit, UAE resident (20%)
AED 368,452
Deposit, non-resident (40%)
AED 736,903
Monthly over 25 years at 3.7%
AED 7,537

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