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Project profile

Elite Business Bay Residence Project · Business Bay · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Range 4 Developments

Registered salesLast 12 months
48
Median ready pricePer sq ft
AED 1,389
Construction progressCompleted
100%

Data to 4 November 2026

Dubai Land Department lists the project as completed on 31 January 2021. In the last 12 months, Dubai Land Department registered 48 sales in Elite Business Bay Residence, worth AED 51.4M in total. The median price of ready homes was 1,389 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
1 March 2017
DLD end date
31 January 2021
Completion
31 January 2021
Units
540
Buildings
1

Elite Business Bay Residence registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales)
Nov 2023 1,292 AED/sqft 10 sales
Dec 2023 1,277 AED/sqft 32 sales
Jan 2024 1,188 AED/sqft 6 sales
Feb 2024 — 3 sales
Mar 2024 — 3 sales
Apr 2024 — 4 sales
May 2024 — 1 sale
Jun 2024 — 3 sales
Jul 2024 1,417 AED/sqft 7 sales
Aug 2024 — 2 sales
Sep 2024 1,650 AED/sqft 5 sales
Oct 2024 — 3 sales
Nov 2024 — 3 sales
Dec 2024 — 3 sales
Jan 2025 — 1 sale
Feb 2025 — 4 sales
Mar 2025 — 2 sales
Apr 2025 — 1 sale
May 2025 — 1 sale
Jun 2025 — 2 sales
Jul 2025 — 4 sales
Aug 2025 — 1 sale
Sep 2025 1,418 AED/sqft 7 sales
Oct 2025 1,625 AED/sqft 5 sales
Nov 2025 — 3 sales
Dec 2025 1,148 AED/sqft 17 sales
Jan 2026 — 4 sales
Feb 2026 — 3 sales
Mar 2026 — 3 sales
Apr 2026 — 1 sale
May 2026 — 2 sales
Jun 2026 — 2 sales
Jul 2026 —
Aug 2026 — 4 sales
Sep 2026 1,221 AED/sqft 7 sales

What does each home type sell and rent for in Elite Business Bay Residence?

  • Apartment · Studio

    Ready median price
    AED 700K
    Median yearly rent
    AED 53K
    Gross yield
    7.6%
  • Apartment · 1 bed

    Ready median price
    AED 1.3M
    Median yearly rent
    AED 75K
    Gross yield
    Rent only
  • Apartment · 2 beds

    Ready median price
    —
    Median yearly rent
    AED 115K
    Gross yield
    Rent only
  • Apartment · 4 beds

    Ready median price
    AED 2.7M
    Median yearly rent
    AED 160K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Business Bay area report

The latest registered sales in Elite Business Bay Residence.

  • 4 Nov 2026

    ApartmentStudioReady498 sqft

    AED 700,0001,406 AED/sqft

  • 3 Nov 2026

    ApartmentStudioReady494 sqft

    AED 700,0001,417 AED/sqft

  • 23 Sep 2026

    Apartment4 bedsReady2,189 sqft

    AED 2,667,0001,218 AED/sqft

  • 23 Sep 2026

    Apartment4 bedsReady2,168 sqft

    AED 2,661,2001,227 AED/sqft

  • 23 Sep 2026

    Apartment4 bedsReady2,168 sqft

    AED 2,647,5001,221 AED/sqft

  • 23 Sep 2026

    Apartment2 bedsReady1,309 sqft

    AED 1,539,0001,176 AED/sqft

  • 22 Sep 2026

    Apartment4 bedsReady2,189 sqft

    AED 2,658,0001,214 AED/sqft

  • 22 Sep 2026

    ApartmentStudioReady498 sqft

    AED 760,0001,526 AED/sqft

  • 2 Sep 2026

    ApartmentStudioReady506 sqft

    AED 750,0001,482 AED/sqft

  • 20 Aug 2026

    ApartmentStudioReady495 sqft

    AED 830,0001,677 AED/sqft

Questions about Elite Business Bay Residence

What is the price per sq ft in Elite Business Bay Residence?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,389 AED/sqft.

How many homes were sold in Elite Business Bay Residence in the last 12 months?

In the last 12 months, Dubai Land Department registered 48 sales in Elite Business Bay Residence, worth AED 51.4M in total. The median price of ready homes was 1,389 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Elite Business Bay Residence?

In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in Elite Business Bay Residence, at a median of AED 53,000 a year over 181 new contracts. Against its ready median price of AED 700,000, that is a gross yield of 7.6%, before service charges and other costs.

When was Elite Business Bay Residence completed?

Dubai Land Department lists the project as completed on 31 January 2021.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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