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2-bed · 1,524 sqftThe Residences at Business Central, Business Bay · 22nd floor · completed 2013

2201, The Residences at Business Central

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

Unit 2201 · DLD and Ejari recordsUpdated 1 October 2013
Last soldAED 2.59M1 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2201, The Residences at Business Central

What is 2201 worth today?

Last sold for AED 2,590,800 in 2013

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1 Oct 2013Sold by developerReady
AED 2,590,800AED 1,700 per sqft

Source: Dubai Land Department. Updated 1 October 2013.

Key facts

Type
2-bed apartment
Size
1,524 sqft
Floor
22nd of 24
Parking
LG-078
Developer
DAMAC
Completed
2013
Service charge
AED 26,000 /yr
Last sold
AED 2.59M · October 2013
Building
The Residences at Business Central

About 2201, The Residences at Business Central

2201 is a two-bedroom apartment of 1,524 sqft on the 22nd floor of The Residences at Business Central, a 24-storey tower in Business Bay completed in 2013 by DAMAC. The developer sold it on 1 October 2013 for AED 2,590,800, or AED 1,700 per sqft, 23% above the AED 1,387 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, October 2013: AED 2,590,800 (AED 1,700 per sqft)

2201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, 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 2201 sits

All 60 2-beds →

2201 last sold in October 2013 at AED 1,700 per sqft, 23% above what two-beds in The Residences at Business Central were fetching at the time (AED 1,387). 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 22nd floor

All 212 units in The Residences at Business Central
Value
22022-bedAED 1.66M · Jun 2013
22032-bedAED 1.6M · Jun 2013
22042-bedAED 2.25M · Jul 2016
22051-bedAED 1.16M · Jul 2013
22061-bedAED 1.4M · Jul 2023
22071-bedAED 1.02M · Sep 2013
22081-bedAED 1.22M · Apr 2014
1–7 of 8

2201, The Residences at Business Central in numbers

  • Sold once: by DAMAC on 1 October 2013 for AED 2,590,800, or AED 1,700 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 1 October 2013.

Questions about 2201, The Residences at Business Central

What did unit 2201 last sell for?

AED 2,590,800 on 1 October 2013, sold by the developer: AED 1,700 per sqft for 1,524 sqft. It is the only registered sale of the unit.

How big is unit 2201?

1,524 sqft (141.6 sqm): a two-bedroom apartment on the 22nd floor of a 24-storey tower completed in 2013.

What is unit 2201 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 2201, The Residences at Business Central

Starts from the last sale price (AED 2.59M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,590,800
Deposit, UAE resident (20%)
AED 518,160
Deposit, non-resident (40%)
AED 1,036,320
Monthly over 25 years at 3.7%
AED 10,600

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