Unit 115 at Elite Business Bay Residence is a studio of 605 sq ft. It last sold for AED 550,000 on 29 Jul 2021. At AED 1,482 per sq ft, from 33 sales in the building in the last 12 months (studio), it is worth about AED 897,000 today.
| Bedrooms | studio |
|---|---|
| Size | 605 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 15: units ending 15 share the same layout and view |
| Building | Elite Business Bay Residence by Ellington Properties, handed over 2020 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 29 Jul 2021 | AED 550,000 | 605 sq ft | 909 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 315 | 14 Nov 2022 | AED 605,000 | 605 sq ft | 1,000 | Resale |
| 415 | 14 Nov 2022 | AED 605,000 | 605 sq ft | 1,000 | Resale |
| 615 | 26 Jul 2022 | AED 605,000 | 605 sq ft | 1,000 | Resale |
| 515 | 26 Jul 2022 | AED 605,000 | 605 sq ft | 1,000 | Resale |
| 315 | 7 Oct 2021 | AED 590,400 | 605 sq ft | 976 | Resale |
| 415 | 6 Oct 2021 | AED 593,100 | 605 sq ft | 980 | Resale |
| 715 | 29 Jul 2021 | AED 560,000 | 605 sq ft | 926 | Resale |
| 1215 | 29 Jul 2021 | AED 560,000 | 609 sq ft | 920 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2006 | 22 Sep 2026 | AED 760,000 | 498 sq ft | 1,526 | Resale |
| 1904 | 2 Sep 2026 | AED 750,000 | 506 sq ft | 1,482 | Resale |
| 1623 | 19 Aug 2026 | AED 830,000 | 495 sq ft | 1,677 | Resale |
| 103 | 14 Aug 2026 | AED 787,500 | 480 sq ft | 1,641 | Resale |
| 1806 | 7 Aug 2026 | AED 800,000 | 498 sq ft | 1,606 | Resale |
| 223 | 31 Jul 2026 | AED 718,000 | 495 sq ft | 1,451 | Resale |
| 720 | 26 Jun 2026 | AED 730,000 | 503 sq ft | 1,451 | Resale |
| 302 | 22 May 2026 | AED 725,000 | 480 sq ft | 1,510 | Resale |
We took the 33 sales in Elite Business Bay Residence in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,482). We multiplied it by the size of this unit (605 sq ft). The range uses the middle half of those sales (AED 1,148 to AED 1,616 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 720,322. Floor, view, condition and upgrades can move the price either way. Sales data to 22 Sep 2026, from the Dubai Land Department register.
About AED 897,000 (range AED 695,000 to AED 978,000), based on AED 1,482 per sq ft from registered sales up to 22 Sep 2026.
29 Jul 2021, for AED 550,000 (resale). It has 1 registered sale.
A studio in Elite Business Bay Residence rents for about AED 54,450 a year (median asking rent). That is a gross yield of 6.1% on the estimate.
Sales alert for Elite Business Bay ResidenceAll sales in Elite Business Bay Residence