101, Residence 22 (Formerly Fareed Tower)
Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, Residence 22 (Formerly Fareed Tower)
What is 101 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,819 sqft
- Floor
- 1st of 22
- Parking
- B2-07, B2-08
- Completed
- 2016
- Last sold
- AED 5.54M · October 2024
About 101, Residence 22 (Formerly Fareed Tower)
101 is a three-bedroom apartment of 1,819 sqft on the 1st floor of Residence 22 (Formerly Fareed Tower), a 22-storey tower in Business Bay completed in 2016. It last sold on 1 October 2024 for AED 5,536,000, or AED 3,042 per sqft.
No rental contract for the unit is registered on Ejari.
3-beds in Residence 22 (Formerly Fareed Tower), and where 101 sits
All 1 3-beds →Residence 22 (Formerly Fareed Tower)
Building23 apartments, studios to 4-bed over 22 floors in Business Bay, completed in 2016. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 1.4M /yr
- Typical yield
101, Residence 22 (Formerly Fareed Tower) in numbers
- Sold twice: first on 26 May 2022 for AED 3,346,441, last on 1 October 2024 for AED 5,536,000 (AED 3,042 per sqft).
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 101, Residence 22 (Formerly Fareed Tower)
What did unit 101 last sell for?
AED 5,536,000 on 1 October 2024: AED 3,042 per sqft for 1,819 sqft. The unit has 2 registered sales; the first was AED 3,346,441 in May 2022.
How big is unit 101?
1,819 sqft (169.0 sqm): a three-bedroom apartment on the 1st floor of a 22-storey tower completed in 2016.
What is unit 101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 101? Put it on the OpenOffers board
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Mortgage on 101, Residence 22 (Formerly Fareed Tower)
Starts from the last sale price (AED 5.54M, 1 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,536,000
- Deposit, UAE resident (20%)
- AED 1,107,200
- Deposit, non-resident (40%)
- AED 2,214,400
- Monthly over 25 years at 3.7%
- AED 22,649
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →