Unit 405 at Elite Business Bay Residence is a studio of 501 sq ft. It last sold for AED 597,600 on 4 Jan 2021. At AED 1,571 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 787,000 today.
| Bedrooms | studio |
|---|---|
| Size | 501 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 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 |
|---|---|---|---|---|
| 4 Jan 2021 | AED 597,600 | 501 sq ft | 1,193 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 605 | 28 Jan 2026 | AED 780,000 | 501 sq ft | 1,557 | Resale |
| 1105 | 29 Oct 2024 | AED 830,000 | 503 sq ft | 1,650 | Resale |
| 1605 | 15 Oct 2024 | AED 790,000 | 503 sq ft | 1,571 | Resale |
| 2005 | 27 Nov 2023 | AED 730,000 | 503 sq ft | 1,451 | Resale |
| 1705 | 26 Apr 2023 | AED 800,000 | 503 sq ft | 1,590 | Resale |
| 1705 | 5 Dec 2022 | AED 590,000 | 503 sq ft | 1,173 | Resale |
| 1205 | 14 Nov 2022 | AED 620,000 | 503 sq ft | 1,233 | Resale |
| 1405 | 28 Nov 2021 | AED 570,000 | 503 sq ft | 1,133 | 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 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,571). We multiplied it by the size of this unit (501 sq ft). The range uses the middle half of those sales (AED 1,564 to AED 1,610 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 790,987. 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 787,000 (range AED 783,000 to AED 807,000), based on AED 1,571 per sq ft from registered sales up to 22 Sep 2026.
4 Jan 2021, for AED 597,600 (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 6.9% on the estimate.
Sales alert for Elite Business Bay ResidenceAll sales in Elite Business Bay Residence