3-bed · 1,786 sqftResidence 110, Business Bay · 6th floor · completed 2022

601, Residence 110

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

Unit 601 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 3.45M4 July 2024
Current rentAED 133K /yr27 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Residence 110

What is 601 worth today?

Last sold for AED 3,449,000 in 2024

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4 Jul 2024Sold by developerReady
AED 3,449,000AED 1,931 per sqft
27 Jan 2023RentedRenewal
AED 133,350/yr12 months · AED 75 per sqft
27 Jan 2022RentedNew contract
AED 127,000/yr12 months · AED 76 per sqft
7 Jan 2021RentedNew contract
AED 106,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
3-bed apartment
Size
1,786 sqft
Floor
6th of 19
Parking
B1-40, B1-41
Developer
Select Global Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.45M · July 2024

About 601, Residence 110

601 is a three-bedroom apartment of 1,786 sqft on the 6th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 4 July 2024 for AED 3,449,000, or AED 1,931 per sqft, 8% above the AED 1,793 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 27 January 2023, is AED 133,350 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 30,300 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, July 2024: AED 3,449,000 (AED 1,931 per sqft)

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

Rents
Unit 601, 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 106,000 a yearNew contract, January 2022: AED 127,000 a yearRenewal, January 2023: AED 133,350 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 601 sits

All 41 3-beds →

601 last sold in July 2024 at AED 1,931 per sqft, 8% above 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. 601's AED 133,350 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 155K /yr
Typical yield
6.3%
Residence 110, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 110 units in Residence 110
Value
6022-bedAED 2.2M · Sep 2026
6032-bedAED 2.68M · Dec 2024
6042-bedAED 2.26M · Jun 2024
6051-bedAED 1.79M · Sep 2024
6063-bedAED 3.48M · Jul 2024

601, Residence 110 in numbers

  • Sold once: by Select Global Development on 4 July 2024 for AED 3,449,000, or AED 1,931 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 106,000 to AED 133,350 a year.
  • At AED 133,350 a year the gross yield on the 2024 price is 3.9%, 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 4 July 2024.

Questions about 601, Residence 110

What did unit 601 last sell for?

AED 3,449,000 on 4 July 2024, sold by the developer: AED 1,931 per sqft for 1,786 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 133,350 a year on the contract renewed on 27 January 2023. The previous contract, from January 2022, was AED 127,000; the unit has been rented since January 2021.

How big is unit 601?

1,786 sqft (165.9 sqm): a three-bedroom apartment on the 6th floor of a 19-storey tower completed in 2022.

What is unit 601 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 601, Residence 110

Starts from the last sale price (AED 3.45M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,449,000
Deposit, UAE resident (20%)
AED 689,800
Deposit, non-resident (40%)
AED 1,379,600
Monthly over 25 years at 3.7%
AED 14,111

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