Unit 114, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 114 at Elite Business Bay Residence is a 1 bed of 907 sq ft. It last sold for AED 1,260,000 on 15 May 2026. At AED 1,268 per sq ft, from 5 sales of units ending 14 (same position in the tower), it is worth about AED 1,150,000 today.

Value todayAED 1,150,000AED 1,150,000 to AED 1,150,000
Last saleAED 1,260,00015 May 2026 · Resale
Change since last sale-8.7%Building trend alone: AED 1,295,201
Rent (median asking, 1 bed)AED 80,000Gross yield 7.0%
Bedrooms1 bed
Size907 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingElite Business Bay Residence by Ellington Properties, handed over 2020
Registered sales of this unit3

Every registered sale of unit 114

DatePriceSizeAED/sq ftType
15 May 2026AED 1,260,000907 sq ft1,389Resale
13 Feb 2025AED 800,000907 sq ft882Resale
22 Feb 2021AED 782,137907 sq ft862Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21417 Sep 2025AED 1,150,000907 sq ft1,268Resale
19147 Jul 2025AED 1,150,000907 sq ft1,268Resale
131420 Dec 2024AED 1,150,000907 sq ft1,268Resale
131427 Feb 2024AED 1,180,000907 sq ft1,301Resale
4147 Dec 2023AED 1,203,787907 sq ft1,327Resale
5147 Dec 2023AED 1,201,641907 sq ft1,325Resale
191420 Nov 2023AED 1,200,000907 sq ft1,323Resale
61422 Mar 2023AED 1,150,000907 sq ft1,268Resale

Latest 1 bed sales in Elite Business Bay Residence

UnitDatePriceSizeAED/sq ftType
2117 Apr 2026AED 1,125,000853 sq ft1,319Resale
231131 Mar 2026AED 1,200,000853 sq ft1,407Resale
12123 Feb 2026AED 1,850,000934 sq ft1,981Resale
7127 Jan 2026AED 1,300,000934 sq ft1,392Resale
1126 Jan 2026AED 1,130,000934 sq ft1,210Resale
21325 Dec 2025AED 1,062,878933 sq ft1,139Resale
81218 Dec 2025AED 1,300,000934 sq ft1,392Resale
231021 Nov 2025AED 1,300,000811 sq ft1,603Resale

How we worked out the value

We took the 5 resale sales of units ending 14 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,268). We multiplied it by the size of this unit (907 sq ft). The range uses the middle half of those sales (AED 1,268 to AED 1,268 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,295,201. Floor, view, condition and upgrades can move the price either way. Sales data to 22 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 114 at Elite Business Bay Residence worth?

About AED 1,150,000 (range AED 1,150,000 to AED 1,150,000), based on AED 1,268 per sq ft from registered sales up to 22 Sep 2026.

When did unit 114 last sell?

15 May 2026, for AED 1,260,000 (resale). It has 3 registered sales.

What rent can unit 114 make?

A 1 bed in Elite Business Bay Residence rents for about AED 80,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Elite Business Bay ResidenceAll sales in Elite Business Bay Residence

Unit 113 · Unit 115