Unit 511 at Elite Business Bay Residence is a 1 bed of 853 sq ft. It last sold for AED 1,080,000 on 2 Nov 2023. At AED 1,336 per sq ft, from 5 sales of units ending 11 (same position in the tower), it is worth about AED 1,140,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 853 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 11: units ending 11 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 |
|---|---|---|---|---|
| 2 Nov 2023 | AED 1,080,000 | 853 sq ft | 1,266 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 211 | 7 Apr 2026 | AED 1,125,000 | 853 sq ft | 1,319 | Resale |
| 2311 | 31 Mar 2026 | AED 1,200,000 | 853 sq ft | 1,407 | Resale |
| 2211 | 14 Jul 2025 | AED 1,240,000 | 853 sq ft | 1,454 | Resale |
| 711 | 14 Apr 2025 | AED 1,140,000 | 853 sq ft | 1,336 | Resale |
| 2111 | 28 Oct 2024 | AED 1,080,000 | 853 sq ft | 1,266 | Resale |
| 2211 | 29 Jul 2024 | AED 1,195,000 | 853 sq ft | 1,401 | Resale |
| 1511 | 6 Mar 2024 | AED 1,200,000 | 853 sq ft | 1,407 | Resale |
| 211 | 7 Dec 2023 | AED 1,151,274 | 853 sq ft | 1,350 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 114 | 15 May 2026 | AED 1,260,000 | 907 sq ft | 1,389 | Resale |
| 211 | 7 Apr 2026 | AED 1,125,000 | 853 sq ft | 1,319 | Resale |
| 2311 | 31 Mar 2026 | AED 1,200,000 | 853 sq ft | 1,407 | Resale |
| 1212 | 3 Feb 2026 | AED 1,850,000 | 934 sq ft | 1,981 | Resale |
| 712 | 7 Jan 2026 | AED 1,300,000 | 934 sq ft | 1,392 | Resale |
| 112 | 6 Jan 2026 | AED 1,130,000 | 934 sq ft | 1,210 | Resale |
| 213 | 25 Dec 2025 | AED 1,062,878 | 933 sq ft | 1,139 | Resale |
| 812 | 18 Dec 2025 | AED 1,300,000 | 934 sq ft | 1,392 | Resale |
We took the 5 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,336). We multiplied it by the size of this unit (853 sq ft). The range uses the middle half of those sales (AED 1,319 to AED 1,407 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,150,347. 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 1,140,000 (range AED 1,125,000 to AED 1,200,000), based on AED 1,336 per sq ft from registered sales up to 22 Sep 2026.
2 Nov 2023, for AED 1,080,000 (resale). It has 1 registered sale.
A 1 bed in Elite Business Bay Residence rents for about AED 80,000 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