Unit 2318, Elite Business Bay Residence: what it sold for and what it is worth now

Unit 2318 at Elite Business Bay Residence is a 4 bed of 2,189 sq ft. It last sold for AED 2,600,000 on 15 Jan 2024. At AED 1,218 per sq ft, from 3 sales of units ending 18 (same position in the tower), it is worth about AED 2,667,000 today.

Value todayAED 2,667,000AED 2,663,000 to AED 2,710,000
Last saleAED 2,600,00015 Jan 2024 · Resale
Change since last sale+2.6%Building trend alone: AED 2,750,865
Rent (median asking, 4 bed)AED 159,999Gross yield 6.0%
Bedrooms4 bed
Size2,189 sq ft
Floor23 (from the unit number)
Position in the towerStack 18: units ending 18 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 2318

DatePriceSizeAED/sq ftType
15 Jan 2024AED 2,600,0002,189 sq ft1,188Resale
30 Aug 2022AED 2,500,0002,189 sq ft1,142Resale
26 Oct 2021AED 2,456,1112,189 sq ft1,122Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
131822 Sep 2026AED 2,667,0002,189 sq ft1,218Resale
121822 Sep 2026AED 2,658,0002,189 sq ft1,214Resale
11824 Jun 2026AED 2,755,0002,191 sq ft1,257Resale
11184 Sep 2024AED 2,600,0002,189 sq ft1,188Resale
191818 Jan 2024AED 2,400,0002,189 sq ft1,096Resale
21813 Dec 2023AED 2,785,1412,191 sq ft1,271Resale
31811 Dec 2023AED 2,791,7632,191 sq ft1,274Resale
11811 Dec 2023AED 2,774,1222,191 sq ft1,266Resale

Latest 4 bed sales in Elite Business Bay Residence

UnitDatePriceSizeAED/sq ftType
191622 Sep 2026AED 2,661,2002,168 sq ft1,227Resale
131822 Sep 2026AED 2,667,0002,189 sq ft1,218Resale
121822 Sep 2026AED 2,658,0002,189 sq ft1,214Resale
151622 Sep 2026AED 2,647,5002,168 sq ft1,221Resale
11824 Jun 2026AED 2,755,0002,191 sq ft1,257Resale
161616 Oct 2025AED 2,600,0002,168 sq ft1,199Resale
11184 Sep 2024AED 2,600,0002,189 sq ft1,188Resale
23165 Jul 2024AED 2,925,0002,168 sq ft1,349Resale

How we worked out the value

We took the 3 resale sales of units ending 18 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,218). We multiplied it by the size of this unit (2,189 sq ft). The range uses the middle half of those sales (AED 1,216 to AED 1,238 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,750,865. 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 2318 at Elite Business Bay Residence worth?

About AED 2,667,000 (range AED 2,663,000 to AED 2,710,000), based on AED 1,218 per sq ft from registered sales up to 22 Sep 2026.

When did unit 2318 last sell?

15 Jan 2024, for AED 2,600,000 (resale). It has 3 registered sales.

What rent can unit 2318 make?

A 4 bed in Elite Business Bay Residence rents for about AED 159,999 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

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

Unit 2317 · Unit 2319