1-bed · 730 sqftThe Residences at Business Central, Business Bay · 20th floor · completed 2013

2011, The Residences at Business Central

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 616K9 July 2013
Current rentAED 70K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, The Residences at Business Central

What is 2011 worth today?

Last sold for AED 616,250 in 2013

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25 Oct 2025RentedRenewal
AED 70,000/yr12 months · AED 96 per sqft
25 Oct 2024RentedRenewal
AED 57,600/yr12 months · AED 79 per sqft
25 Oct 2023RentedRenewal
AED 48,000/yr12 months · AED 66 per sqft
25 Oct 2022RentedRenewal
AED 40,000/yr12 months · AED 55 per sqft
25 Oct 2021RentedRenewal
AED 40,000/yr12 months · AED 55 per sqft
25 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
17 Sep 2017RentedNew contract
AED 63,000/yr12 months · AED 86 per sqft
4 Aug 2016RentedRenewal
AED 71,500/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
1-bed apartment
Size
730 sqft
Floor
20th of 24
Parking
LG-066
Developer
DAMAC
Completed
2013
Service charge
AED 12,500 /yr
Last sold
AED 616K · July 2013

About 2011, The Residences at Business Central

2011 is a one-bedroom apartment of 730 sqft on the 20th floor of The Residences at Business Central, a 24-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 9 July 2013 for AED 616,250, or AED 844 per sqft, 29% below the AED 1,190 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 70,000 a year: a gross yield of 11.4% on the 2013 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2011 over time

Sales
Unit 2011, each saleTypical one-bed in The Residences at Business Central
1M2M2009201420192024Typical sale price by year: 2009 AED 1,254,150; 2010 AED 957,500; 2011 AED 753,150; 2012 AED 775,200; 2013 AED 1,124,244; 2014 AED 1,203,800; 2015 AED 1,400,000; 2016 AED 1,175,000; 2017 AED 1,125,000; 2018 AED 870,000; 2019 AED 760,000; 2020 AED 670,000; 2021 AED 723,803; 2022 AED 870,000; 2023 AED 1,039,255; 2024 AED 1,200,000; 2025 AED 1,200,000; 2026 AED 2,014,114Sold by developer, May 2012: AED 616,250 (AED 844 per sqft)Sold, July 2013: AED 616,250 (AED 844 per sqft)

2011 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2011, each contractTypical one-bed in The Residences at Business Central
50K75K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 82,000; 2015 AED 87,000; 2016 AED 83,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 52,500; 2021 AED 50,000; 2022 AED 57,500; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 75,000New contract, August 2014: AED 65,000 a yearRenewal, August 2015: AED 65,000 a yearRenewal, August 2016: AED 71,500 a yearNew contract, September 2017: AED 63,000 a yearNew contract, October 2020: AED 40,000 a yearRenewal, October 2021: AED 40,000 a yearRenewal, October 2022: AED 40,000 a yearRenewal, October 2023: AED 48,000 a yearRenewal, October 2024: AED 57,600 a yearRenewal, October 2025: AED 70,000 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 The Residences at Business Central, and where 2011 sits

All 143 1-beds →

2011 last sold in July 2013 at AED 844 per sqft, 29% below what one-beds in The Residences at Business Central were fetching at the time (AED 1,190). Over the last 12 months one-beds sold for AED 499,999 to 2,618,779, around AED 1,298 per sqft, and rent for AED 58,300 to 120,000 a year. 2011's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 20261,693,626
22 Jun 2026499,999
14 Apr 20262,618,779
17 Mar 20262,334,602
7 1-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 →
Value
20012-bedAED 1.95M · Aug 2023
20022-bedAED 2.29M · Oct 2013
20032-bedAED 2M · Sep 2013
20042-bedAED 1.85M · Feb 2019
20051-bedAED 1.55M · Oct 2024
20061-bedAED 1.53M · Jun 2023
20072-bedAED 870K · Jul 2013
1–7 of 10

2011, The Residences at Business Central in numbers

  • Sold twice: first on 31 May 2012 for AED 616,250, last on 9 July 2013 for AED 616,250 (AED 844 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2022 and recovered to AED 70,000 by October 2025.
  • At AED 70,000 a year the gross yield on the 2013 price is 11.4%, before a service charge of about AED 12,500 a year (AED 17.07 per sqft).
  • One-beds in The Residences at Business Central sold for AED 499,999–2,618,779 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 25 October 2025.

Questions about 2011, The Residences at Business Central

What did unit 2011 last sell for?

AED 616,250 on 9 July 2013: AED 844 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 616,250 in May 2012.

What is the rent for unit 2011?

AED 70,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 57,600; the unit has been rented since August 2014.

How big is unit 2011?

730 sqft (67.8 sqm): a one-bedroom apartment on the 20th floor of a 24-storey tower completed in 2013.

What is unit 2011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences at Business Central sold for AED 499,999 to 2,618,779 in the last 12 months, around AED 1,298 per sqft.

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Mortgage on 2011, The Residences at Business Central

Starts from the last sale price (AED 616K, 9 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 616,250
Deposit, UAE resident (20%)
AED 123,250
Deposit, non-resident (40%)
AED 246,500
Monthly over 25 years at 3.7%
AED 2,521

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