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2-bed · 1,334 sqftThe Residences at Business Central, Business Bay · 20th floor · completed 2013

2003, The Residences at Business Central

Sold prices and rental history: sold once, by the developer in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 12 September 2013
Last soldAED 2M12 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2003, The Residences at Business Central

What is 2003 worth today?

Last sold for AED 2,001,000 in 2013

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12 Sep 2013Sold by developerReady
AED 2,001,000AED 1,500 per sqft

Source: Dubai Land Department. Updated 12 September 2013.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
20th of 24
Parking
LG-058
Developer
DAMAC
Completed
2013
Service charge
AED 22,800 /yr
Last sold
AED 2M · September 2013
Building
The Residences at Business Central

About 2003, The Residences at Business Central

2003 is a two-bedroom apartment of 1,334 sqft on the 20th floor of The Residences at Business Central, a 24-storey tower in Business Bay completed in 2013 by DAMAC. The developer sold it on 12 September 2013 for AED 2,001,000, or AED 1,500 per sqft, 4% above the AED 1,445 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical two-bed in The Residences at Business Central
1M2M2009201420192024Typical sale price by year: 2009 AED 1,922,200; 2012 AED 1,696,250; 2013 AED 1,887,875; 2014 AED 2,095,550; 2015 AED 1,985,000; 2016 AED 2,000,000; 2017 AED 1,950,000; 2019 AED 1,500,000; 2021 AED 1,201,091; 2022 AED 1,500,000; 2023 AED 1,875,000; 2024 AED 2,265,000; 2026 AED 2,450,000Sold by developer, September 2013: AED 2,001,000 (AED 1,500 per sqft)

2003 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, each contractTypical two-bed in The Residences at Business Central
75K100K125K2013201720212025Typical rent by year: 2013 AED 116,000; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 125,338; 2017 AED 117,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 93,874; 2023 AED 106,152; 2024 AED 117,000; 2025 AED 132,139; 2026 AED 123,014

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences at Business Central, and where 2003 sits

All 60 2-beds →

2003 last sold in September 2013 at AED 1,500 per sqft, 4% above what two-beds in The Residences at Business Central were fetching at the time (AED 1,445). Over the last 12 months two-beds sold for AED 2,000,000 to 3,000,000, around AED 1,837 per sqft, and rent for AED 60,000 to 199,998 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20263,000,000
8 Apr 20262,000,000
5 Mar 20262,450,000
14 Apr 20252,825,000
3 2-bed sales in the last 12 months

The Residences at Business Central

Building

212 apartments, 1-bed to 3-bed over 24 floors in Business Bay, completed in 2013 by DAMAC. 11 sold in the last 12 months.

Typical price per sqft
AED 1,405 Down 6.0%
Typical sale
AED 2M
Typical rent
AED 80K /yr
Typical yield
6.3%
The Residences at Business Central, Business Bay: prices, sales and rents →

Other units on the 20th floor

All 212 units in The Residences at Business Central
Value
20012-bedAED 1.95M · Aug 2023
20022-bedAED 2.29M · Oct 2013
20042-bedAED 1.85M · Feb 2019
20051-bedAED 1.55M · Oct 2024
20061-bedAED 1.53M · Jun 2023
20072-bedAED 870K · Jul 2013
20081-bedAED 774K · Jul 2013
1–7 of 10

2003, The Residences at Business Central in numbers

  • Sold once: by DAMAC on 12 September 2013 for AED 2,001,000, or AED 1,500 per sqft.
  • Two-beds in The Residences at Business Central sold for AED 2,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,405 per sqft.

Source: Dubai Land Department. Updated 12 September 2013.

Questions about 2003, The Residences at Business Central

What did unit 2003 last sell for?

AED 2,001,000 on 12 September 2013, sold by the developer: AED 1,500 per sqft for 1,334 sqft. It is the only registered sale of the unit.

How big is unit 2003?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the 20th floor of a 24-storey tower completed in 2013.

What is unit 2003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Business Central sold for AED 2,000,000 to 3,000,000 in the last 12 months, around AED 1,837 per sqft.

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Mortgage on 2003, The Residences at Business Central

Starts from the last sale price (AED 2M, 12 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,001,000
Deposit, UAE resident (20%)
AED 400,200
Deposit, non-resident (40%)
AED 800,400
Monthly over 25 years at 3.7%
AED 8,187

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