Unit 507, The Residences at Business Central: what it sold for and what it is worth now

Unit 507 at The Residences at Business Central is a 1 bed of 925 sq ft. It last sold for AED 1,200,000 on 11 Jun 2024. At AED 1,312 per sq ft, from 5 sales of units ending 07 (same position in the tower), it is worth about AED 1,214,000 today.

Value todayAED 1,214,000AED 1,150,000 to AED 1,300,000
Last saleAED 1,200,00011 Jun 2024 · Resale
Change since last sale+1.2%Building trend alone: AED 1,242,486
Rent (median asking, 1 bed)AED 80,000Gross yield 6.6%
Bedrooms1 bed
Size925 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 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 507

DatePriceSizeAED/sq ftType
11 Jun 2024AED 1,200,000925 sq ft1,297Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60724 Nov 2025AED 1,213,897925 sq ft1,312Resale
100717 Dec 2024AED 1,350,000925 sq ft1,459Resale
12074 Dec 2024AED 1,150,000925 sq ft1,243Resale
80714 Oct 2024AED 1,082,500925 sq ft1,170Resale
110726 Aug 2024AED 1,300,000925 sq ft1,405Resale
70725 Jan 2024AED 955,000925 sq ft1,032Resale
10073 Nov 2023AED 960,000925 sq ft1,038Resale
60714 Sep 2023AED 937,020925 sq ft1,013Resale

Latest 1 bed sales in The Residences at Business Central

UnitDatePriceSizeAED/sq ftType
22097 Aug 2026AED 1,693,6261,441 sq ft1,175Resale
40317 Mar 2026AED 2,334,6021,879 sq ft1,242Resale
12A0824 Nov 2025AED 1,194,936920 sq ft1,299Resale
60724 Nov 2025AED 1,213,897925 sq ft1,312Resale
150911 Nov 2025AED 1,538,647930 sq ft1,654Resale
10086 Nov 2025AED 1,200,000920 sq ft1,304Resale
15106 Nov 2025AED 1,100,000729 sq ft1,509Resale
141130 Oct 2025AED 1,150,000730 sq ft1,575Resale

How we worked out the value

We took the 5 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,312). We multiplied it by the size of this unit (925 sq ft). The range uses the middle half of those sales (AED 1,243 to AED 1,405 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,242,486. 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 507 at The Residences at Business Central worth?

About AED 1,214,000 (range AED 1,150,000 to AED 1,300,000), based on AED 1,312 per sq ft from registered sales up to 7 Aug 2026.

When did unit 507 last sell?

11 Jun 2024, for AED 1,200,000 (resale). It has 1 registered sale.

What rent can unit 507 make?

A 1 bed in The Residences at Business Central rents for about AED 80,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

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

Unit 503 · Unit 510