Unit 1922, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 1922 at Elite Business Bay Residence is a studio of 478 sq ft. It last sold for AED 900,000 on 20 Feb 2025. At AED 1,153 per sq ft, from 4 sales of units ending 22 (same position in the tower), it is worth about AED 551,000 today.

Value todayAED 551,000AED 551,000 to AED 638,000
Last saleAED 900,00020 Feb 2025 · Resale
Change since last sale-38.8%Building trend alone: AED 844,819
Rent (median asking, studio)AED 54,450Gross yield 9.9%
Bedroomsstudio
Size478 sq ft
Floor19 (from the unit number)
Position in the towerStack 22: units ending 22 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 1922

DatePriceSizeAED/sq ftType
20 Feb 2025AED 900,000478 sq ft1,883Resale
14 Jul 2023AED 362,500478 sq ft758Resale
1 Nov 2020AED 547,000478 sq ft1,144Off-plan

Units ending 22 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
15225 Dec 2025AED 551,260478 sq ft1,153Resale
13225 Dec 2025AED 551,260478 sq ft1,153Resale
16225 Dec 2025AED 551,260478 sq ft1,153Resale
92215 Nov 2023AED 700,000478 sq ft1,464Resale
222230 Mar 2023AED 750,000478 sq ft1,569Resale
22223 Mar 2023AED 650,000478 sq ft1,360Resale
222217 Nov 2022AED 560,000478 sq ft1,172Resale
82226 Jul 2022AED 605,000478 sq ft1,266Resale

Latest studio sales in Elite Business Bay Residence

UnitDatePriceSizeAED/sq ftType
200622 Sep 2026AED 760,000498 sq ft1,526Resale
19042 Sep 2026AED 750,000506 sq ft1,482Resale
162319 Aug 2026AED 830,000495 sq ft1,677Resale
10314 Aug 2026AED 787,500480 sq ft1,641Resale
18067 Aug 2026AED 800,000498 sq ft1,606Resale
22331 Jul 2026AED 718,000495 sq ft1,451Resale
72026 Jun 2026AED 730,000503 sq ft1,451Resale
30222 May 2026AED 725,000480 sq ft1,510Resale

How we worked out the value

We took the 4 resale sales of units ending 22 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,153). We multiplied it by the size of this unit (478 sq ft). The range uses the middle half of those sales (AED 1,153 to AED 1,336 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 844,819. 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 1922 at Elite Business Bay Residence worth?

About AED 551,000 (range AED 551,000 to AED 638,000), based on AED 1,153 per sq ft from registered sales up to 22 Sep 2026.

When did unit 1922 last sell?

20 Feb 2025, for AED 900,000 (resale). It has 3 registered sales.

What rent can unit 1922 make?

A studio in Elite Business Bay Residence rents for about AED 54,450 a year (median asking rent). That is a gross yield of 9.9% on the estimate.

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

Unit 1921 · Unit 1923