Unit 1602, The Residences at Business Central: what it sold for and what it is worth now

Unit 1602 at The Residences at Business Central is a 2 bed of 1,387 sq ft. It last sold for AED 2,825,000 on 14 Apr 2025. At AED 1,837 per sq ft, from 3 sales in the building in the last 12 months (2 bed), it is worth about AED 2,547,000 today.

Value todayAED 2,547,000AED 2,317,000 to AED 2,698,000
Last saleAED 2,825,00014 Apr 2025 · Resale
Change since last sale-9.8%Building trend alone: AED 2,796,797
Rent (median asking, 2 bed)AED 145,000Gross yield 5.7%
Bedrooms2 bed
Size1,387 sq ft
Floor16 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingThe Residences at Business Central by DAMAC Properties, handed over 2013
Registered sales of this unit2

Every registered sale of unit 1602

DatePriceSizeAED/sq ftType
14 Apr 2025AED 2,825,0001,387 sq ft2,037Resale
7 Mar 2024AED 2,530,0001,387 sq ft1,824Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60229 Jul 2025AED 1,600,0001,058 sq ft1,512Resale
9026 May 2024AED 1,570,0001,058 sq ft1,484Resale
11025 Oct 2023AED 1,450,0001,058 sq ft1,371Resale
4025 Sep 2023AED 1,220,0001,395 sq ft875Resale
50215 Feb 2023AED 1,039,2551,058 sq ft982Resale
210211 Aug 2022AED 1,600,0001,384 sq ft1,156Resale
80223 Mar 2022AED 1,100,0001,058 sq ft1,040Resale
120219 Dec 2021AED 725,3711,059 sq ft685Resale

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
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
170319 Sep 2024AED 2,230,0001,334 sq ft1,672Resale

How we worked out the value

We took the 3 sales in The Residences at Business Central in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,837). We multiplied it by the size of this unit (1,387 sq ft). The range uses the middle half of those sales (AED 1,670 to AED 1,945 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,796,797. 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 1602 at The Residences at Business Central worth?

About AED 2,547,000 (range AED 2,317,000 to AED 2,698,000), based on AED 1,837 per sq ft from registered sales up to 7 Aug 2026.

When did unit 1602 last sell?

14 Apr 2025, for AED 2,825,000 (resale). It has 2 registered sales.

What rent can unit 1602 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 5.7% on the estimate.

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

Unit 1510 · Unit 1603