Elite Business Bay Residence property prices & sales
Elite Business Bay Residence at a glance written from registered records
Elite Business Bay Residence recorded 51 registered sales in the last 12 months, worth AED 56.23M in total. The median price was AED 1,391 per sq ft, down 0.7% on the previous 12 months, and the median sale price was AED 800k. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 423 rental contracts registered in the same period, the median annual rent was AED 62,890, an indicative gross yield of 7.9%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 26 | 1,467 | AED 977,500 |
| 2025 | 48 | 1,330 | AED 825,000 |
| 2024 | 43 | 1,418 | AED 945,000 |
| 2023 | 87 | 1,304 | AED 1.12M |
| 2022 | 52 | 1,224 | AED 607,500 |
| 2021 | 377 | 1,126 | AED 765,000 |
| 2020 | 101 | 1,173 | AED 652,000 |
| 2019 | 16 | 1,422 | AED 922,145 |
| 2018 | 22 | 1,315 | AED 647,500 |
| 2017 | 16 | 1,214 | AED 650,010 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Studio | 46 | AED 551,260 | AED 765,000 | AED 807,500 | 1,563 | 480 sq ft |
| 1 B/R | 27 | AED 1.13M | AED 1.16M | AED 1.24M | 1,325 | 907 sq ft |
| 4 B/R | 6 | AED 2.65M | AED 2.66M | AED 2.67M | 1,220 | 2,179 sq ft |
| 2 B/R | 4 | AED 1.73M | AED 1.85M | AED 1.99M | 1,396 | 1,309 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-23 | Unit | 2 B/R | Elite Business Bay Residence | 1,309 | AED 1,539,000 | 1,175 |
| 2026-09-23 | Unit | 4 B/R | Elite Business Bay Residence | 2,168 | AED 2,647,500 | 1,221 |
| 2026-09-23 | Unit | 4 B/R | Elite Business Bay Residence | 2,189 | AED 2,667,000 | 1,218 |
| 2026-09-23 | Unit | 4 B/R | Elite Business Bay Residence | 2,168 | AED 2,661,200 | 1,227 |
| 2026-09-22 | Unit | 4 B/R | Elite Business Bay Residence | 2,189 | AED 2,658,000 | 1,214 |
| 2026-09-22 | Unit | Studio | Elite Business Bay Residence | 498 | AED 760,000 | 1,525 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Elite Business Bay Residence
What is the average price per sq ft in Elite Business Bay Residence?
Over the last 12 months the median registered sale price in Elite Business Bay Residence was AED 1,391 per sq ft (-0.7% year on year).
What is the rental yield in Elite Business Bay Residence?
Comparing the median annual rent (AED 62,890) with the median sale price (AED 800,000) over the last 12 months gives an indicative gross yield of 7.9%.
How many properties sold in Elite Business Bay Residence in the last 12 months?
51 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Elite Business Bay Residence?
The median annual rent across 423 contracts registered in the last 12 months was AED 62,890.
Comparables in Business Bay 12m
Elite Business Bay Residence ranks #118 of 130 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Lumena Alta by Omniyat | 147 | 6,131 |
| HQ by ROVE | 329 | 4,674 |
| burj capital | 140 | 3,661 |
| Avarra by Palace | 155 | 3,490 |
| Binghatti Skyrise | 392 | 2,938 |
| One by Binghatti | 208 | 2,938 |
| Peninsula Three | 169 | 2,654 |
| Binghatti Aquarise | 577 | 2,625 |
| Peninsula Four | 212 | 2,515 |
| Tiger Sky Tower | 171 | 2,394 |
| Binghatti Skyhall | 228 | 2,364 |
| Damac Towers By Paramount | 151 | 1,489 |
| Elite Business Bay Residence | 51 | 1,391 |
Project record
| Developer | Range 4 Developments L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2021-01-31 |
| Units | 540 |
Branded PDF in seconds
Send clients a designer market report for Elite Business Bay Residence with your own logo, colours and photo.
Try it freeAlso works inside Claude — connect GetYaData.
Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
