1101, Residence 22 (Formerly Fareed Tower)
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Residence 22 (Formerly Fareed Tower)
What is 1101 worth today?
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Source: Dubai Land Department. Updated 8 May 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 4,781 sqft
- Floor
- 11th of 22
- Parking
- B1-17,B1-18
- Completed
- 2016
- Last sold
- AED 15.79M · May 2025
About 1101, Residence 22 (Formerly Fareed Tower)
1101 is a four-bedroom apartment of 4,781 sqft on the 11th floor of Residence 22 (Formerly Fareed Tower), a 22-storey tower in Business Bay completed in 2016. It last sold on 8 May 2025 for AED 15,794,286, or AED 3,303 per sqft, 9% above the AED 3,018 four-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 7 August 2023, is AED 650,000 a year: a gross yield of 4.1% on the 2025 price.
Sales and rents for 1101 over time
1101 has sold 3 times; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Residence 22 (Formerly Fareed Tower), and where 1101 sits
All 19 4-beds →1101 last sold in May 2025 at AED 3,303 per sqft, 9% above what four-beds in Residence 22 (Formerly Fareed Tower) were fetching at the time (AED 3,018).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20258 May 2025 | 4,922 sqft | 16,260,068 | 3,303 | ||
| 8 May 20258 May 2025 | 4,922 sqft | 16,260,068 | 3,303 | ||
| 8 May 20258 May 2025 | 4,922 sqft | 16,260,068 | 3,303 | ||
| 24 Apr 202524 April 2025 | 4,781 sqft | 15,794,286 | 3,303 |
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
1101, Residence 22 (Formerly Fareed Tower) in numbers
- Sold 3 times: first on 26 May 2022 for AED 8,794,454, last on 8 May 2025 for AED 15,794,286 (AED 3,303 per sqft).
- Rented since April 2017 on 5 Ejari contracts, from AED 461,538 to AED 650,000 a year.
- At AED 650,000 a year the gross yield on the 2025 price is 4.1%.
Source: Dubai Land Department. Updated 8 May 2025.
Questions about 1101, Residence 22 (Formerly Fareed Tower)
What did unit 1101 last sell for?
AED 15,794,286 on 8 May 2025: AED 3,303 per sqft for 4,781 sqft. The unit has 3 registered sales; the first was AED 8,794,454 in May 2022.
What is the rent for unit 1101?
AED 650,000 a year on the contract renewed on 7 August 2023. The previous contract, from August 2022, was AED 427,177; the unit has been rented since April 2017.
How big is unit 1101?
4,781 sqft (444.2 sqm): a four-bedroom apartment on the 11th floor of a 22-storey tower completed in 2016.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1101, Residence 22 (Formerly Fareed Tower)
Starts from the last sale price (AED 15.79M, 8 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 15,794,286
- Deposit, UAE resident (20%)
- AED 3,158,857
- Deposit, non-resident (40%)
- AED 6,317,714
- Monthly over 25 years at 3.7%
- AED 64,619
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →