Dubai building data
Elite Business Bay Residence: sale prices and rents
ايليت بزنس باي ريذيدنس
Registered sales and rent contracts for the building Elite Business Bay Residence in Business Bay, from Dubai Land Department open data.
Elite Business Bay Residence (Business Bay): 51 registered sales in the 12 months to September 2026, median AED 1,391 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 800,000
- Off-plan share of sales
- under 3
- Registered rent contracts
- under 3
- Median annual rent
- under 3 rent contracts
- Gross rental yield
- under 3 rent contracts
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in Elite Business Bay Residence
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 51 | AED 1,391 per sq ft | 1,152 – 1,602 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in Elite Business Bay Residence
- Registered rent contracts
- under 3
- Median annual rent
- under 3 rent contracts
- Median annual rent per sq ft
- under 3 rent contracts
- Gross rental yield
- under 3 rent contracts
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few apartment rent contracts for a gross rental yield: fewer than 3 in the period, at least 30 needed.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in Elite Business Bay Residence
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 32 | AED 1,451 per sq ft | under 3 rent contracts | under 3 rent contracts |
| 1 bedroom | 10 | AED 1,391 per sq ft | under 3 rent contracts | under 30 sales (10) |
| 2 bedrooms | 3 | AED 1,451 per sq ft | under 3 rent contracts | under 30 sales (3) |
| 4 bedrooms | 6 | AED 1,218 per sq ft | under 3 rent contracts | under 30 sales (6) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in Elite Business Bay Residence
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 3 | AED 1,571 per sq ft | under 3 |
| Nov 2024 | 3 | AED 1,563 per sq ft | under 3 |
| Dec 2024 | 3 | AED 1,356 per sq ft | under 3 |
| Feb 2025 | 4 | AED 1,258 per sq ft | under 3 |
| Jul 2025 | 4 | AED 1,453 per sq ft | under 3 |
| Sep 2025 | 7 | AED 1,417 per sq ft | under 3 |
| Oct 2025 | 5 | AED 1,626 per sq ft | under 3 |
| Nov 2025 | 3 | AED 1,563 per sq ft | under 3 |
| Dec 2025 | 17 | AED 1,149 per sq ft | under 3 |
| Jan 2026 | 4 | AED 1,391 per sq ft | under 3 |
| Feb 2026 | 3 | AED 1,718 per sq ft | under 3 |
| Mar 2026 | 3 | AED 1,747 per sq ft | under 3 |
| Aug 2026 | 4 | AED 1,605 per sq ft | under 3 |
| Sep 2026 | 7 | AED 1,221 per sq ft | under 3 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2017 | 16 | AED 1,196 per sq ft |
| 2018 | 22 | AED 1,312 per sq ft |
| 2019 | 16 | AED 1,420 per sq ft |
| 2020 | 101 | AED 1,173 per sq ft |
| 2021 | 377 | AED 1,126 per sq ft |
| 2022 | 52 | AED 1,223 per sq ft |
| 2023 | 87 | AED 1,304 per sq ft |
| 2024 | 43 | AED 1,418 per sq ft |
| 2025 | 48 | AED 1,325 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
Elite Business Bay Residence is a building in the DLD area Business Bay.
Elite Business Bay Residence belongs to the project ELITE BUSINESS BAY RESIDENCE.
Figures for ELITE BUSINESS BAY RESIDENCE
Names as in the registered transactions and rent contracts; company names are not shown.
More buildings in Business Bay
- DOWNTOWN RESIDENCES 364 registered transactions and rent contracts in 12 months.
- Al Habtoor Tower 216 registered transactions and rent contracts in 12 months.
- TIGER SKY TOWER 173 registered transactions and rent contracts in 12 months.
- Peninsula Three 168 registered transactions and rent contracts in 12 months.
- burj capital 140 registered transactions and rent contracts in 12 months.
- THE EDGE 126 registered transactions and rent contracts in 12 months.
Questions about Elite Business Bay Residence
- How many sales were registered in Elite Business Bay Residence?
- 51 sales were registered in Elite Business Bay Residence in Oct 2025 – Sep 2026.
- What is the median price per sq ft in Elite Business Bay Residence?
- The median price of registered sales in Elite Business Bay Residence was AED 1,391 per sq ft in Oct 2025 – Sep 2026.
- Which DLD area is Elite Business Bay Residence in?
- Elite Business Bay Residence is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai buildings with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae