Elite Business Bay Residence, Business Bay

    Sold Prices · DLD Data

    Elite Business Bay Residence

    Business Bay, Dubai · Business Bay

    AED 1,546

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    18

    DLD Sales Recorded

    8.3%

    Est. Gross Yield

    View listings Explore Business Bay

    Market snapshot

    Elite Business Bay Residence — the numbers

    Elite Business Bay Residence is a residential building in Business Bay, Dubai with approximately 540 units. Dubai Land Department records show 18 sales in the building, at an average price of AED 1.1M — around AED 1,546 per square foot.

    Since January 2026, 16 sales completed in Elite Business Bay Residence, with the average price per square foot moving from AED 1,444 to AED 1,623 (+12.5%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Business Bay, a typical unit in Elite Business Bay Residence returns an estimated 8.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Elite Business Bay Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Elite Business Bay Residence

    Average sale price per sqft by month since January 2026 (single-sale months excluded)+12.5%

    1,4051,5591,712Jan 26: AED 1,444/sqft · 4 salesJan 26Feb 26: AED 1,763/sqft · 3 salesFeb 26Mar 26: AED 1,717/sqft · 3 salesMar 26May 26: AED 1,450/sqft · 2 salesMay 26Jun 26: AED 1,354/sqft · 2 salesJun 26Aug 26: AED 1,623/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 777K

    AED 1,617/sqft

    10 sales · last 12 months

    1 Bed

    AED 1.3M

    AED 1,449/sqft

    6 sales · last 12 months

    2 Bed

    AED 2.3M

    AED 1,718/sqft

    1 sale · last 12 months

    4 Bed

    AED 2.8M

    AED 1,258/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    14 Aug 2026Sales0480AED 788KAED 1,641
    07 Aug 2026Sales0498AED 800KAED 1,605
    31 Jul 2026Sales0495AED 718KAED 1,451
    26 Jun 2026Sales0503AED 730KAED 1,450
    24 Jun 2026Sales42,191AED 2.8MAED 1,258
    22 May 2026Sales0480AED 725KAED 1,511
    15 May 2026Sales1907AED 1.3MAED 1,389
    07 Apr 2026Sales1853AED 1.1MAED 1,319
    31 Mar 2026Sales0401AED 800KAED 1,996
    31 Mar 2026Sales1853AED 1.2MAED 1,407
    25 Mar 2026Sales0475AED 830KAED 1,747
    18 Feb 2026Sales21,309AED 2.3MAED 1,718
    06 Feb 2026Sales0503AED 800KAED 1,589
    03 Feb 2026Sales1934AED 1.9MAED 1,980
    28 Jan 2026Sales0501AED 780KAED 1,558
    26 Jan 2026Sales0492AED 795KAED 1,615
    07 Jan 2026Sales1934AED 1.3MAED 1,391
    06 Jan 2026Sales1934AED 1.1MAED 1,209

    About the area

    Elite Business Bay Residence is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    FAQ

    Elite Business Bay Residence: frequently asked questions

    What is the average price in Elite Business Bay Residence?

    The average recorded sale price in Elite Business Bay Residence, Business Bay is AED 1.1M, around AED 1,546 per square foot, based on Dubai Land Department transaction data.

    Are prices in Elite Business Bay Residence going up or down?

    Average sale prices in Elite Business Bay Residence have risen +12.5% per square foot since January 2026, across 16 DLD-recorded sales.

    What rental yield can I expect in Elite Business Bay Residence?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Elite Business Bay Residence yields roughly 8.3% gross per year, before service charges and fees.

    How many properties have sold in Elite Business Bay Residence?

    18 sales have been recorded in Elite Business Bay Residence according to DLD data, across approximately 540 units.

    Considering Elite Business Bay Residence?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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