Unit 401 at Elite Business Bay Residence is a studio of 494 sq ft. It last sold for AED 605,000 on 26 Jul 2022. 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.
| Bedrooms | studio |
|---|---|
| Size | 494 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 01: units ending 01 share the same layout and view |
| Building | Elite Business Bay Residence by Ellington Properties, handed over 2020 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 26 Jul 2022 | AED 605,000 | 494 sq ft | 1,225 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1501 | 5 Dec 2025 | AED 551,260 | 494 sq ft | 1,116 | Resale |
| 1101 | 4 Sep 2025 | AED 820,000 | 494 sq ft | 1,660 | Resale |
| 601 | 13 Jun 2025 | AED 820,000 | 494 sq ft | 1,660 | Resale |
| 201 | 26 Jul 2024 | AED 700,000 | 494 sq ft | 1,417 | Resale |
| 301 | 17 Jul 2024 | AED 750,000 | 494 sq ft | 1,518 | Resale |
| 101 | 16 Jan 2023 | AED 650,000 | 494 sq ft | 1,316 | Resale |
| 1301 | 4 Jul 2022 | AED 605,000 | 494 sq ft | 1,225 | Resale |
| 901 | 23 Sep 2021 | AED 599,860 | 494 sq ft | 1,214 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2006 | 22 Sep 2026 | AED 760,000 | 498 sq ft | 1,526 | Resale |
| 1904 | 2 Sep 2026 | AED 750,000 | 506 sq ft | 1,482 | Resale |
| 1623 | 19 Aug 2026 | AED 830,000 | 495 sq ft | 1,677 | Resale |
| 103 | 14 Aug 2026 | AED 787,500 | 480 sq ft | 1,641 | Resale |
| 1806 | 7 Aug 2026 | AED 800,000 | 498 sq ft | 1,606 | Resale |
| 223 | 31 Jul 2026 | AED 718,000 | 495 sq ft | 1,451 | Resale |
| 720 | 26 Jun 2026 | AED 730,000 | 503 sq ft | 1,451 | Resale |
| 302 | 22 May 2026 | AED 725,000 | 480 sq ft | 1,510 | Resale |
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 687,580. Floor, view, condition and upgrades can move the price either way. Sales data to 22 Sep 2026, from the Dubai Land Department register.
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.
26 Jul 2022, for AED 605,000 (resale). It has 1 registered sale.
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