Unit 2101, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 2101 at Elite Business Bay Residence is a studio of 494 sq ft. It last sold for AED 550,000 on 10 Jun 2021. At AED 1,660 per sq ft, from 3 sales of units ending 01 (same position in the tower), it is worth about AED 820,000 today.

Value todayAED 820,000AED 686,000 to AED 820,000
Last saleAED 550,00010 Jun 2021 · Resale
Change since last sale+49.1%Building trend alone: AED 720,322
Rent (median asking, studio)AED 54,450Gross yield 6.6%
Bedroomsstudio
Size494 sq ft
Floor21 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingElite Business Bay Residence by Ellington Properties, handed over 2020
Registered sales of this unit1

Every registered sale of unit 2101

DatePriceSizeAED/sq ftType
10 Jun 2021AED 550,000494 sq ft1,113Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
15015 Dec 2025AED 551,260494 sq ft1,116Resale
11014 Sep 2025AED 820,000494 sq ft1,660Resale
60113 Jun 2025AED 820,000494 sq ft1,660Resale
20126 Jul 2024AED 700,000494 sq ft1,417Resale
30117 Jul 2024AED 750,000494 sq ft1,518Resale
10116 Jan 2023AED 650,000494 sq ft1,316Resale
40126 Jul 2022AED 605,000494 sq ft1,225Resale
13014 Jul 2022AED 605,000494 sq ft1,225Resale

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 3 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,660). We multiplied it by the size of this unit (494 sq ft). The range uses the middle half of those sales (AED 1,388 to AED 1,660 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.

Questions

What is unit 2101 at Elite Business Bay Residence worth?

About AED 820,000 (range AED 686,000 to AED 820,000), based on AED 1,660 per sq ft from registered sales up to 22 Sep 2026.

When did unit 2101 last sell?

10 Jun 2021, for AED 550,000 (resale). It has 1 registered sale.

What rent can unit 2101 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 6.6% on the estimate.

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

Unit 2023 · Unit 2102