Unit 408 at Elite Business Bay Residence is a studio of 401 sq ft. It last sold for AED 560,000 on 14 Jul 2021. At AED 1,945 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 780,000 today.
| Bedrooms | studio |
|---|---|
| Size | 401 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 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 |
|---|---|---|---|---|
| 14 Jul 2021 | AED 560,000 | 401 sq ft | 1,397 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2108 | 31 Mar 2026 | AED 800,000 | 401 sq ft | 1,995 | Resale |
| 508 | 13 Aug 2025 | AED 750,000 | 401 sq ft | 1,870 | Resale |
| 608 | 6 Nov 2024 | AED 780,000 | 401 sq ft | 1,945 | Resale |
| 308 | 21 Nov 2023 | AED 660,000 | 401 sq ft | 1,646 | Resale |
| 2108 | 12 Sep 2023 | AED 800,000 | 401 sq ft | 1,995 | Resale |
| 1808 | 12 Jan 2023 | AED 650,000 | 401 sq ft | 1,621 | Resale |
| 1508 | 21 Jun 2022 | AED 490,000 | 401 sq ft | 1,222 | Resale |
| 608 | 25 Jul 2021 | AED 495,000 | 401 sq ft | 1,234 | 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 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,945). We multiplied it by the size of this unit (401 sq ft). The range uses the middle half of those sales (AED 1,908 to AED 1,970 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 739,916. 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 780,000 (range AED 765,000 to AED 790,000), based on AED 1,945 per sq ft from registered sales up to 22 Sep 2026.
14 Jul 2021, for AED 560,000 (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 7.0% on the estimate.
Sales alert for Elite Business Bay ResidenceAll sales in Elite Business Bay Residence