511, The Residences at Business Central
Sold prices and rental history: sold twice, last in February 2018, 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 511, The Residences at Business Central
What is 511 worth today?
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Source: Dubai Land Department. Updated 18 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 5th of 24
- Parking
- P1-021
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 12,400 /yr
- Last sold
- AED 820K · February 2018
About 511, The Residences at Business Central
511 is a one-bedroom apartment of 729 sqft on the 5th floor of The Residences at Business Central, a 24-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 18 February 2018 for AED 820,000, or AED 1,125 per sqft, in line with the AED 1,132 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 18 September 2026, is AED 60,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 12,400 a year.
Sales and rents for 511 over time
511 has sold twice; the dashed line is the one-bed median of each year in the building.
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 511 sits
All 143 1-beds →511 last sold in February 2018 at AED 1,125 per sqft, in line with what one-beds in The Residences at Business Central were fetching at the time (AED 1,132). 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. 511's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 1,441 sqft | 1,693,626 | 1,175 | ||
| 22 Jun 202622 June 2026 | 463 sqft | 499,999 | 1,081 | ||
| 14 Apr 202614 April 2026 | 963 sqft | 2,618,779 | 2,718 | ||
| 17 Mar 202617 March 2026 | 1,879 sqft | 2,334,602 | 1,242 |
The Residences at Business Central
Building212 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%
Other units on the 5th floor
All 212 units in The Residences at Business Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,781 sqft | AED 1.85MAED 1,850,000 · May 2022May 2022 | ||
| 502 | 1-bed | 1,058 sqft | AED 1.04MAED 1,039,255 · Feb 2023February 2023 | 57,000 /yr | |
| 503 | 2-bed | 1,333 sqft | AED 1.1MAED 1,100,000 · Dec 2021December 2021 | 155,000 /yr | |
| 504 | 2-bed | 1,329 sqft | AED 1.1MAED 1,098,400 · Sep 2013September 2013 | 115,000 /yr | |
| 505 | 1-bed | 957 sqft | AED 900KAED 900,000 · Dec 2019December 2019 | 70,000 /yr | |
| 506 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Jun 2017June 2017 | 80,000 /yr | |
| 507 | 1-bed | 925 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 70,000 /yr | |
| 508 | 1-bed | 920 sqft | AED 1.46MAED 1,458,530 · Jun 2016June 2016 | 47,000 /yr | |
| 509 | 1-bed | 922 sqft | AED 743KAED 743,200 · Sep 2013September 2013 | 75,000 /yr | |
| 510 | 1-bed | 711 sqft | AED 1.05MAED 1,051,630 · Sep 2025September 2025 | 80,000 /yr | |
| 512 | 1-bed | 908 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 74,718 /yr |
511, The Residences at Business Central in numbers
- Sold twice: first on 1 October 2013 for AED 947,700, last on 18 February 2018 for AED 820,000 (AED 1,125 per sqft).
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 52,000 in 2019 and recovered to AED 60,000 by September 2026.
- At AED 60,000 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 12,400 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 18 September 2026.
Questions about 511, The Residences at Business Central
What did unit 511 last sell for?
AED 820,000 on 18 February 2018: AED 1,125 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 947,700 in October 2013.
What is the rent for unit 511?
AED 60,000 a year on the contract signed on 18 September 2026. The previous contract, from October 2024, was AED 70,000; the unit has been rented since October 2017.
How big is unit 511?
729 sqft (67.7 sqm): a one-bedroom apartment on the 5th floor of a 24-storey tower completed in 2013.
What is unit 511 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 511, The Residences at Business Central
Starts from the last sale price (AED 820K, 18 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →