Unit 2006, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 2006 at Elite Business Bay Residence is a studio of 498 sq ft. It last sold for AED 760,000 on 22 Sep 2026. At AED 1,606 per sq ft, from 5 sales of units ending 06 (same position in the tower), it is worth about AED 800,000 today.

Value todayAED 800,000AED 765,000 to AED 830,000
Last saleAED 760,00022 Sep 2026 · Resale
Change since last sale+5.3%Building trend alone: AED 729,274
Rent (median asking, studio)AED 54,450Gross yield 6.8%
Bedroomsstudio
Size498 sq ft
Floor20 (from the unit number)
Position in the towerStack 06: units ending 06 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 2006

DatePriceSizeAED/sq ftType
22 Sep 2026AED 760,000498 sq ft1,526Resale
8 Sep 2023AED 700,000498 sq ft1,406Resale
30 May 2021AED 580,000498 sq ft1,165Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
18067 Aug 2026AED 800,000498 sq ft1,606Resale
60629 Jul 2025AED 770,000501 sq ft1,537Resale
210613 Jan 2025AED 830,000498 sq ft1,667Resale
120623 Sep 2024AED 850,000498 sq ft1,707Resale
70629 Jul 2024AED 770,000501 sq ft1,537Resale
22065 Sep 2023AED 690,000498 sq ft1,386Resale
30614 Nov 2022AED 605,000501 sq ft1,208Resale
20628 Oct 2022AED 650,000501 sq ft1,297Resale

Latest studio sales in Elite Business Bay Residence

UnitDatePriceSizeAED/sq ftType
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
210831 Mar 2026AED 800,000401 sq ft1,995Resale

How we worked out the value

We took the 5 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,606). We multiplied it by the size of this unit (498 sq ft). The range uses the middle half of those sales (AED 1,537 to AED 1,667 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 729,274. 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 2006 at Elite Business Bay Residence worth?

About AED 800,000 (range AED 765,000 to AED 830,000), based on AED 1,606 per sq ft from registered sales up to 22 Sep 2026.

When did unit 2006 last sell?

22 Sep 2026, for AED 760,000 (resale). It has 3 registered sales.

What rent can unit 2006 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 6.8% on the estimate.

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

Unit 2005 · Unit 2007