Unit 1504, The Residences at Business Central: what it sold for and what it is worth now

Unit 1504 at The Residences at Business Central is a 2 bed of 1,331 sq ft. It last sold for AED 2,300,000 on 18 Sep 2024. At AED 1,728 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 2,300,000 today.

Value todayAED 2,300,000AED 2,157,000 to AED 2,453,000
Last saleAED 2,300,00018 Sep 2024 · Resale
Change since last sale+0.0%Building trend alone: AED 2,341,009
Rent (median asking, 2 bed)AED 145,000Gross yield 6.3%
Bedrooms2 bed
Size1,331 sq ft
Floor15 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingThe Residences at Business Central by DAMAC Properties, handed over 2013
Registered sales of this unit1

Every registered sale of unit 1504

DatePriceSizeAED/sq ftType
18 Sep 2024AED 2,300,0001,331 sq ft1,728Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
19046 Nov 2024AED 2,019,9531,335 sq ft1,513Resale
110431 Oct 2024AED 2,600,0001,328 sq ft1,958Resale
80428 May 2024AED 2,000,0001,329 sq ft1,505Resale
110428 Mar 2024AED 1,950,0001,328 sq ft1,468Resale
80424 Jan 2023AED 1,625,0001,329 sq ft1,223Resale

Latest 2 bed sales in The Residences at Business Central

UnitDatePriceSizeAED/sq ftType
140116 Jun 2026AED 3,000,0001,461 sq ft2,053Resale
15038 Apr 2026AED 2,000,0001,330 sq ft1,504Resale
21035 Mar 2026AED 2,450,0001,334 sq ft1,837Resale
160214 Apr 2025AED 2,825,0001,387 sq ft2,037Resale
17034 Feb 2025AED 2,600,0001,334 sq ft1,949Resale
12A0315 Nov 2024AED 2,440,0001,330 sq ft1,835Resale
19046 Nov 2024AED 2,019,9531,335 sq ft1,513Resale
110431 Oct 2024AED 2,600,0001,328 sq ft1,958Resale

How we worked out the value

We took the 3 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,728). We multiplied it by the size of this unit (1,331 sq ft). The range uses the middle half of those sales (AED 1,621 to AED 1,843 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,341,009. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 1504 at The Residences at Business Central worth?

About AED 2,300,000 (range AED 2,157,000 to AED 2,453,000), based on AED 1,728 per sq ft from registered sales up to 7 Aug 2026.

When did unit 1504 last sell?

18 Sep 2024, for AED 2,300,000 (resale). It has 1 registered sale.

What rent can unit 1504 make?

A 2 bed in The Residences at Business Central rents for about AED 145,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

Sales alert for The Residences at Business CentralAll sales in The Residences at Business Central

Unit 1503 · Unit 1505