Unit 1509, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 1509 at Elite Business Bay Residence is a 2 bed of 1,309 sq ft. It last sold for AED 1,900,000 on 14 Nov 2025. At AED 1,451 per sq ft, from 3 sales of units ending 09 (same position in the tower), it is worth about AED 1,900,000 today.

Value todayAED 1,900,000AED 1,720,000 to AED 2,075,000
Last saleAED 1,900,00014 Nov 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,900,000
Rent (median asking, 2 bed)AED 120,000Gross yield 6.3%
Bedrooms2 bed
Size1,309 sq ft
Floor15 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingElite Business Bay Residence by Ellington Properties, handed over 2020
Registered sales of this unit2

Every registered sale of unit 1509

DatePriceSizeAED/sq ftType
14 Nov 2025AED 1,900,0001,309 sq ft1,451Resale
2 Nov 2020AED 1,190,0001,309 sq ft909Off-plan

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40922 Sep 2026AED 1,539,0001,309 sq ft1,176Resale
180918 Feb 2026AED 2,250,0001,309 sq ft1,719Resale
230930 Apr 2024AED 2,100,0001,309 sq ft1,604Resale
230918 Jan 2024AED 1,550,0001,309 sq ft1,184Resale
10911 Dec 2023AED 1,664,0711,309 sq ft1,271Resale
50911 Dec 2023AED 1,665,7411,309 sq ft1,273Resale
2097 Dec 2023AED 1,665,8481,309 sq ft1,273Resale
6097 Dec 2023AED 1,660,9621,309 sq ft1,269Resale

Latest 2 bed sales in Elite Business Bay Residence

UnitDatePriceSizeAED/sq ftType
40922 Sep 2026AED 1,539,0001,309 sq ft1,176Resale
180918 Feb 2026AED 2,250,0001,309 sq ft1,719Resale
200711 Sep 2025AED 1,800,0001,343 sq ft1,340Resale
15079 Jul 2024AED 1,800,0001,343 sq ft1,340Resale
230930 Apr 2024AED 2,100,0001,309 sq ft1,604Resale
120726 Jan 2024AED 1,774,8221,343 sq ft1,322Resale
230918 Jan 2024AED 1,550,0001,309 sq ft1,184Resale
10911 Dec 2023AED 1,664,0711,309 sq ft1,271Resale

How we worked out the value

We took the 3 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,451). We multiplied it by the size of this unit (1,309 sq ft). The range uses the middle half of those sales (AED 1,314 to AED 1,585 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,900,000. 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 1509 at Elite Business Bay Residence worth?

About AED 1,900,000 (range AED 1,720,000 to AED 2,075,000), based on AED 1,451 per sq ft from registered sales up to 22 Sep 2026.

When did unit 1509 last sell?

14 Nov 2025, for AED 1,900,000 (resale). It has 2 registered sales.

What rent can unit 1509 make?

A 2 bed in Elite Business Bay Residence rents for about AED 120,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

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

Unit 1508 · Unit 1510