Unit 401, The Residences at Business Central: what it sold for and what it is worth now

Unit 401 at The Residences at Business Central is a 3 bed of 2,602 sq ft. It last sold for AED 3,000,000 on 26 Jun 2023. At AED 1,713 per sq ft, from 3 sales of units ending 01 (same position in the tower), it is worth about AED 4,456,000 today.

Value todayAED 4,456,000AED 4,057,000 to AED 4,899,000
Last saleAED 3,000,00026 Jun 2023 · Resale
Change since last sale+48.5%Building trend alone: AED 3,628,994
Rent (median asking, 3 bed)AED 175,000Gross yield 3.9%
Bedrooms3 bed
Size2,602 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 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 401

DatePriceSizeAED/sq ftType
26 Jun 2023AED 3,000,0002,602 sq ft1,153Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80128 Jul 2026AED 2,503,4841,781 sq ft1,406Resale
140116 Jun 2026AED 3,000,0001,461 sq ft2,053Resale
90110 Oct 2024AED 3,050,0001,781 sq ft1,713Resale
200117 Aug 2023AED 1,950,0001,461 sq ft1,335Resale
8013 Oct 2022AED 1,600,0001,781 sq ft898Resale
210129 Sep 2022AED 1,450,0001,461 sq ft992Resale
50113 May 2022AED 1,850,0001,781 sq ft1,039Resale
120114 Nov 2021AED 1,703,5391,780 sq ft957Resale

Latest 3 bed sales in The Residences at Business Central

UnitDatePriceSizeAED/sq ftType
80128 Jul 2026AED 2,503,4841,781 sq ft1,406Resale
90110 Oct 2024AED 3,050,0001,781 sq ft1,713Resale
8013 Oct 2022AED 1,600,0001,781 sq ft898Resale
50113 May 2022AED 1,850,0001,781 sq ft1,039Resale
120114 Nov 2021AED 1,703,5391,780 sq ft957Resale

How we worked out the value

We took the 3 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,713). We multiplied it by the size of this unit (2,602 sq ft). The range uses the middle half of those sales (AED 1,559 to AED 1,883 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,628,994. 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 401 at The Residences at Business Central worth?

About AED 4,456,000 (range AED 4,057,000 to AED 4,899,000), based on AED 1,713 per sq ft from registered sales up to 7 Aug 2026.

When did unit 401 last sell?

26 Jun 2023, for AED 3,000,000 (resale). It has 1 registered sale.

What rent can unit 401 make?

A 3 bed in The Residences at Business Central rents for about AED 175,000 a year (median asking rent). That is a gross yield of 3.9% on the estimate.

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

Unit 12A11 · Unit 402