1-bed · 1,106 sqftResidence 110, Business Bay · 7th floor · completed 2022

702, Residence 110

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.89M13 December 2023
Current rentAED 120K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Residence 110

What is 702 worth today?

Last sold for AED 1,891,450 in 2023

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1 Jul 2026RentedRenewal
AED 120,000/yr12 months · AED 108 per sqft
1 Jul 2025RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
1 Feb 2025RentedRenewal
AED 130,000/yr3 months · AED 117 per sqft
1 Feb 2024RentedNew contract
AED 130,000/yr12 months · AED 117 per sqft
13 Dec 2023Sold by developerReady
AED 1,891,450AED 1,710 per sqft
7 Sep 2023RentedRenewal
AED 84,044/yr3 months · AED 76 per sqft
7 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 77 per sqft
7 Aug 2021RentedRenewal
AED 78,462/yr13 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
7th of 19
Parking
B2-45
Developer
Select Global Development
Completed
2022
Service charge
AED 18,800 /yr
Last sold
AED 1.89M · December 2023

About 702, Residence 110

702 is a one-bedroom apartment of 1,106 sqft on the 7th floor of Residence 110, a 19-storey tower in Business Bay completed in 2022 by Select Global Development. The developer sold it on 13 December 2023 for AED 1,891,450, or AED 1,710 per sqft, in line with the AED 1,712 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 120,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 18,800 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, December 2023: AED 1,891,450 (AED 1,710 per sqft)

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

Rents
Unit 702, 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, July 2020: AED 78,462 a yearRenewal, August 2021: AED 78,462 a yearRenewal, September 2022: AED 85,000 a yearRenewal, September 2023: AED 84,044 a yearNew contract, February 2024: AED 130,000 a yearRenewal, February 2025: AED 130,000 a yearNew contract, July 2025: AED 120,000 a yearRenewal, July 2026: AED 120,000 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 702 sits

All 36 1-beds →

702 last sold in December 2023 at AED 1,710 per sqft, in line with what one-beds in Residence 110 were fetching at the time (AED 1,712). 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. 702's AED 120,000 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 153K /yr
Typical yield
6.3%
Residence 110, Business Bay: prices, sales and rents →

Other units on the 7th floor

All 110 units in Residence 110
Value
7013-bedAED 3.13M · Mar 2024
7032-bedAED 2.7M · Oct 2024
7042-bedAED 2.27M · Oct 2024
7051-bedAED 1.79M · May 2024
7063-bedAED 3.48M · May 2024

702, Residence 110 in numbers

  • Sold once: by Select Global Development on 13 December 2023 for AED 1,891,450, or AED 1,710 per sqft.
  • Rented since July 2020 on 8 Ejari contracts, from AED 78,462 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 6.3%, 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 1 July 2026.

Questions about 702, Residence 110

What did unit 702 last sell for?

AED 1,891,450 on 13 December 2023, sold by the developer: AED 1,710 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 120,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 120,000; the unit has been rented since July 2020.

How big is unit 702?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2022.

What is unit 702 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 702, Residence 110

Starts from the last sale price (AED 1.89M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,891,450
Deposit, UAE resident (20%)
AED 378,290
Deposit, non-resident (40%)
AED 756,580
Monthly over 25 years at 3.7%
AED 7,739

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