3-bed · 1,951 sqftResidence 110, Business Bay · 5th floor · completed 2022

506, Residence 110

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 3.43M15 April 2025
Current rentAED 129K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Residence 110

What is 506 worth today?

Last sold for AED 3,433,000 in 2025

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15 Apr 2025Sold by developerReady
AED 3,433,000AED 1,759 per sqft
7 Feb 2024RentedNew contract
AED 128,934/yr10 months · AED 66 per sqft
1 Oct 2022RentedRenewal
AED 122,815/yr12 months · AED 63 per sqft
1 Oct 2021RentedRenewal
AED 111,650/yr12 months · AED 60 per sqft
1 Oct 2020RentedNew contract
AED 101,500/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
3-bed apartment
Size
1,951 sqft
Floor
5th of 19
Parking
B1-97, B1-98
Developer
Select Global Development
Completed
2022
Service charge
AED 33,100 /yr
Last sold
AED 3.43M · April 2025

About 506, Residence 110

506 is a three-bedroom apartment of 1,951 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 15 April 2025 for AED 3,433,000, or AED 1,759 per sqft, in line with the AED 1,793 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 7 February 2024, is AED 128,934 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 33,100 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in Residence 110
3.4M3.6M2023202420252026Typical sale price by year: 2023 AED 3,345,720; 2024 AED 3,267,500; 2025 AED 3,614,000Sold by developer, April 2025: AED 3,433,000 (AED 1,759 per sqft)

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

Rents
Unit 506, 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, October 2020: AED 101,500 a yearRenewal, October 2021: AED 111,650 a yearRenewal, October 2022: AED 122,815 a yearNew contract, February 2024: AED 128,934 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 506 sits

All 41 3-beds →

506 last sold in April 2025 at AED 1,759 per sqft, in line with what three-beds in Residence 110 were fetching at the time (AED 1,793). 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. 506's AED 128,934 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 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
5051-bedAED 1.84M · Feb 2024

506, Residence 110 in numbers

  • Sold once: by Select Global Development on 15 April 2025 for AED 3,433,000, or AED 1,759 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 101,500 to AED 128,934 a year.
  • At AED 128,934 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 33,100 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 15 April 2025.

Questions about 506, Residence 110

What did unit 506 last sell for?

AED 3,433,000 on 15 April 2025, sold by the developer: AED 1,759 per sqft for 1,951 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 128,934 a year on the contract signed on 7 February 2024. The previous contract, from October 2022, was AED 122,815; the unit has been rented since October 2020.

How big is unit 506?

1,951 sqft (181.3 sqm): a three-bedroom apartment on the 5th floor of a 19-storey tower completed in 2022.

What is unit 506 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 506, Residence 110

Starts from the last sale price (AED 3.43M, 15 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,433,000
Deposit, UAE resident (20%)
AED 686,600
Deposit, non-resident (40%)
AED 1,373,200
Monthly over 25 years at 3.7%
AED 14,045

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