Dubai project data
ELITE BUSINESS BAY RESIDENCE: sale prices and rents
اليت بزنس باي ريذيدنس
Registered sales and rent contracts for the project 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, gross rental yield 7.51%. 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
- Median annual rent
- AED 62,000
- Gross rental yield
- 7.51%
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
- Median annual rent per sq ft
- AED 105 per sq ft
- Gross rental yield
- 7.51%
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
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
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 | AED 57,000 | 7.87% |
| 1 bedroom | 10 | AED 1,391 per sq ft | AED 81,000 | under 30 sales (10) |
| 2 bedrooms | 3 | AED 1,451 per sq ft | AED 120,000 | under 30 sales (3) |
| 4 bedrooms | 6 | AED 1,218 per sq ft | AED 172,500 | 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 | 50 |
| Nov 2024 | 3 | AED 1,563 per sq ft | 32 |
| Dec 2024 | 3 | AED 1,356 per sq ft | 14 |
| Jan 2025 | under 3 | under 3 | 14 |
| Feb 2025 | 4 | AED 1,258 per sq ft | 31 |
| Mar 2025 | under 3 | under 3 | 28 |
| Apr 2025 | under 3 | under 3 | 30 |
| May 2025 | under 3 | under 3 | 20 |
| Jun 2025 | under 3 | under 3 | 22 |
| Jul 2025 | 4 | AED 1,453 per sq ft | 35 |
| Aug 2025 | under 3 | under 3 | 47 |
| Sep 2025 | 7 | AED 1,417 per sq ft | 68 |
| Oct 2025 | 5 | AED 1,626 per sq ft | 57 |
| Nov 2025 | 3 | AED 1,563 per sq ft | 29 |
| Dec 2025 | 17 | AED 1,149 per sq ft | 18 |
| Jan 2026 | 4 | AED 1,391 per sq ft | 25 |
| Feb 2026 | 3 | AED 1,718 per sq ft | 32 |
| Mar 2026 | 3 | AED 1,747 per sq ft | 21 |
| Apr 2026 | under 3 | under 3 | 20 |
| May 2026 | under 3 | under 3 | 17 |
| Jun 2026 | under 3 | under 3 | 28 |
| Jul 2026 | under 3 | under 3 | 35 |
| Aug 2026 | 4 | AED 1,605 per sq ft | 56 |
| Sep 2026 | 7 | AED 1,221 per sq ft | 68 |
| 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 project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
Buildings in ELITE BUSINESS BAY RESIDENCE
- Elite Business Bay Residence 51 registered transactions and rent contracts in 12 months.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 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.
- What is the median annual rent in ELITE BUSINESS BAY RESIDENCE?
- The median annual rent of registered rent contracts in ELITE BUSINESS BAY RESIDENCE was AED 62,000 in Oct 2025 – Sep 2026.
- What is the gross rental yield in ELITE BUSINESS BAY RESIDENCE?
- The gross rental yield of ready properties in ELITE BUSINESS BAY RESIDENCE was 7.51% in Oct 2025 – Sep 2026, before costs and vacancy.
- 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 projects 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