Unit 509 at Elite Business Bay Residence is a 2 bed of 1,309 sq ft. It last sold for AED 1,665,741 on 11 Dec 2023. At AED 1,451 per sq ft, from 3 sales of units ending 09 (same position in the tower), it is worth about AED 1,900,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,309 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 09: units ending 09 share the same layout and view |
| Building | Elite Business Bay Residence by Ellington Properties, handed over 2020 |
| Registered sales of this unit | 3 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 11 Dec 2023 | AED 1,665,741 | 1,309 sq ft | 1,273 | Resale |
| 22 Feb 2021 | AED 811,202 | 1,309 sq ft | 620 | Resale |
| 14 Feb 2021 | AED 811,202 | 1,309 sq ft | 620 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 409 | 22 Sep 2026 | AED 1,539,000 | 1,309 sq ft | 1,176 | Resale |
| 1809 | 18 Feb 2026 | AED 2,250,000 | 1,309 sq ft | 1,719 | Resale |
| 1509 | 14 Nov 2025 | AED 1,900,000 | 1,309 sq ft | 1,451 | Resale |
| 2309 | 30 Apr 2024 | AED 2,100,000 | 1,309 sq ft | 1,604 | Resale |
| 2309 | 18 Jan 2024 | AED 1,550,000 | 1,309 sq ft | 1,184 | Resale |
| 109 | 11 Dec 2023 | AED 1,664,071 | 1,309 sq ft | 1,271 | Resale |
| 209 | 7 Dec 2023 | AED 1,665,848 | 1,309 sq ft | 1,273 | Resale |
| 609 | 7 Dec 2023 | AED 1,660,962 | 1,309 sq ft | 1,269 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 409 | 22 Sep 2026 | AED 1,539,000 | 1,309 sq ft | 1,176 | Resale |
| 1809 | 18 Feb 2026 | AED 2,250,000 | 1,309 sq ft | 1,719 | Resale |
| 1509 | 14 Nov 2025 | AED 1,900,000 | 1,309 sq ft | 1,451 | Resale |
| 2007 | 11 Sep 2025 | AED 1,800,000 | 1,343 sq ft | 1,340 | Resale |
| 1507 | 9 Jul 2024 | AED 1,800,000 | 1,343 sq ft | 1,340 | Resale |
| 2309 | 30 Apr 2024 | AED 2,100,000 | 1,309 sq ft | 1,604 | Resale |
| 1207 | 26 Jan 2024 | AED 1,774,822 | 1,343 sq ft | 1,322 | Resale |
| 2309 | 18 Jan 2024 | AED 1,550,000 | 1,309 sq ft | 1,184 | Resale |
We took the 3 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,451). We multiplied it by the size of this unit (1,309 sq ft). The range uses the middle half of those sales (AED 1,314 to AED 1,585 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,782,088. 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 1,900,000 (range AED 1,720,000 to AED 2,075,000), based on AED 1,451 per sq ft from registered sales up to 22 Sep 2026.
11 Dec 2023, for AED 1,665,741 (resale). It has 3 registered sales.
A 2 bed in Elite Business Bay Residence rents for about AED 120,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.
Sales alert for Elite Business Bay ResidenceAll sales in Elite Business Bay Residence