Unit 2212, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 2212 at Elite Business Bay Residence is a 1 bed of 934 sq ft. It last sold for AED 930,000 on 15 Mar 2021. At AED 1,392 per sq ft, from 6 sales of units ending 12 (same position in the tower), it is worth about AED 1,300,000 today.

Value todayAED 1,300,000AED 1,206,000 to AED 1,320,000
Last saleAED 930,00015 Mar 2021 · Resale
Change since last sale+39.8%Building trend alone: AED 1,229,711
Rent (median asking, 1 bed)AED 80,000Gross yield 6.2%
Bedrooms1 bed
Size934 sq ft
Floor22 (from the unit number)
Position in the towerStack 12: units ending 12 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 2212

DatePriceSizeAED/sq ftType
15 Mar 2021AED 930,000934 sq ft996Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12123 Feb 2026AED 1,850,000934 sq ft1,981Resale
7127 Jan 2026AED 1,300,000934 sq ft1,392Resale
1126 Jan 2026AED 1,130,000934 sq ft1,210Resale
81218 Dec 2025AED 1,300,000934 sq ft1,392Resale
9124 Sep 2025AED 1,326,000934 sq ft1,420Resale
11126 Feb 2025AED 1,175,000934 sq ft1,258Resale
201218 Apr 2024AED 1,200,000934 sq ft1,285Resale
12127 Feb 2024AED 1,200,000934 sq ft1,285Resale

Latest 1 bed sales in Elite Business Bay Residence

UnitDatePriceSizeAED/sq ftType
11415 May 2026AED 1,260,000907 sq ft1,389Resale
2117 Apr 2026AED 1,125,000853 sq ft1,319Resale
231131 Mar 2026AED 1,200,000853 sq ft1,407Resale
12123 Feb 2026AED 1,850,000934 sq ft1,981Resale
7127 Jan 2026AED 1,300,000934 sq ft1,392Resale
1126 Jan 2026AED 1,130,000934 sq ft1,210Resale
21325 Dec 2025AED 1,062,878933 sq ft1,139Resale
81218 Dec 2025AED 1,300,000934 sq ft1,392Resale

How we worked out the value

We took the 6 resale sales of units ending 12 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,392). We multiplied it by the size of this unit (934 sq ft). The range uses the middle half of those sales (AED 1,291 to AED 1,413 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,229,711. 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 2212 at Elite Business Bay Residence worth?

About AED 1,300,000 (range AED 1,206,000 to AED 1,320,000), based on AED 1,392 per sq ft from registered sales up to 22 Sep 2026.

When did unit 2212 last sell?

15 Mar 2021, for AED 930,000 (resale). It has 1 registered sale.

What rent can unit 2212 make?

A 1 bed in Elite Business Bay Residence rents for about AED 80,000 a year (median asking rent). That is a gross yield of 6.2% on the estimate.

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

Unit 2211 · Unit 2213