1-bed · 1,023 sqftResidence 110, Business Bay · 6th floor · completed 2022

605, Residence 110

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

Unit 605 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.79M27 September 2024
Current rentAED 81K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Residence 110

What is 605 worth today?

Last sold for AED 1,788,820 in 2024

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27 Sep 2024Sold by developerReady
AED 1,788,820AED 1,748 per sqft
7 Feb 2024RentedNew contract
AED 81,031/yr10 months · AED 79 per sqft
15 Mar 2023RentedRenewal
AED 73,525/yr11 months · AED 72 per sqft
15 Mar 2022RentedRenewal
AED 73,000/yr12 months · AED 81 per sqft
15 Mar 2021RentedRenewal
AED 73,000/yr12 months · AED 81 per sqft
15 Mar 2020RentedNew contract
AED 76,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
6th of 19
Parking
B1-26
Developer
Select Global Development
Completed
2022
Service charge
AED 17,400 /yr
Last sold
AED 1.79M · September 2024

About 605, Residence 110

605 is a one-bedroom apartment of 1,023 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 27 September 2024 for AED 1,788,820, or AED 1,748 per sqft, 5% below the AED 1,834 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 7 February 2024, is AED 81,031 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, September 2024: AED 1,788,820 (AED 1,748 per sqft)

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

Rents
Unit 605, 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, March 2020: AED 76,000 a yearRenewal, March 2021: AED 73,000 a yearRenewal, March 2022: AED 73,000 a yearRenewal, March 2023: AED 73,525 a yearNew contract, February 2024: AED 81,031 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 605 sits

All 36 1-beds →

605 last sold in September 2024 at AED 1,748 per sqft, 5% below what one-beds in Residence 110 were fetching at the time (AED 1,834). 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. 605's AED 81,031 is at the bottom 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 6th floor

All 110 units in Residence 110
Value
6013-bedAED 3.45M · Jul 2024
6022-bedAED 2.2M · Sep 2026
6032-bedAED 2.68M · Dec 2024
6042-bedAED 2.26M · Jun 2024
6063-bedAED 3.48M · Jul 2024

605, Residence 110 in numbers

  • Sold once: by Select Global Development on 27 September 2024 for AED 1,788,820, or AED 1,748 per sqft.
  • Rented since March 2020 on 5 Ejari contracts, from AED 76,000 to AED 81,031 a year.
  • At AED 81,031 a year the gross yield on the 2024 price is 4.5%, 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 27 September 2024.

Questions about 605, Residence 110

What did unit 605 last sell for?

AED 1,788,820 on 27 September 2024, sold by the developer: AED 1,748 per sqft for 1,023 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 81,031 a year on the contract signed on 7 February 2024. The previous contract, from March 2023, was AED 73,525; the unit has been rented since March 2020.

How big is unit 605?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower completed in 2022.

What is unit 605 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 605, Residence 110

Starts from the last sale price (AED 1.79M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,788,820
Deposit, UAE resident (20%)
AED 357,764
Deposit, non-resident (40%)
AED 715,528
Monthly over 25 years at 3.7%
AED 7,319

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