Studio · 494 sqftElite Business Bay Residence, Business Bay · 1st floor · completed 2021

101, Elite Business Bay Residence

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 101 · DLD and Ejari recordsUpdated 1 October 2026

Last soldAED 650K16 January 2023

Current rentAED 50K /yr1 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 101, Elite Business Bay Residence

Today

What is 101 worth today?

Last sold for AED 650,000 in 2023

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1 Oct 2026

1 Oct 2026RentedNew contract

AED 50,000/yr12 months · AED 101 per sqft

20 Sep 2025

20 Sep 2025RentedNew contract

AED 58,000/yr12 months · AED 117 per sqft

1 Sep 2024

1 Sep 2024RentedNew contract

AED 60,000/yr12 months · AED 122 per sqft

20 Jul 2023

20 Jul 2023RentedNew contract

AED 50,000/yr12 months · AED 101 per sqft

16 Jan 2023

16 Jan 2023SoldReady

AED 650,000AED 1,316 per sqft

7 Jan 2022

7 Jan 2022RentedNew contract

AED 45,000/yr12 months · AED 91 per sqft

24 Jun 2021

24 Jun 2021SoldReady

AED 570,000AED 1,154 per sqft

9 Jan 2021

9 Jan 2021RentedNew contract

AED 40,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type: Studio apartment
Size: 494 sqft
Floor: 1st of 23
Parking: B3-01
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,300 /yr
Last sold: AED 650K · January 2023
Building: Elite Business Bay Residence

About 101, Elite Business Bay Residence

101 is a studio of 494 sqft on the 1st floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 16 January 2023 for AED 650,000, or AED 1,316 per sqft, 4% above the AED 1,261 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 October 2026, is AED 50,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for 101 over time

Sales

Unit 101, each saleTypical studio in Elite Business Bay Residence

101 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents

Unit 101, each contractTypical studio in Elite Business Bay Residence

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Elite Business Bay Residence, and where 101 sits

All 317 studios →

Studios in Elite Business Bay Residence · last 12 months1,411 /sqft Elite Business Bay Residence · all types1,388 /sqft

101 last sold in January 2023 at AED 1,316 per sqft, 4% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,261). Over the last 12 months studios sold for AED 551,260 to 830,000, around AED 1,411 per sqft, and rent for AED 44,000 to 97,000 a year. 101's AED 50,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	498 sqft	700,000	1,404
3 Nov 20263 November 2026	494 sqft	700,000	1,418
22 Sep 202622 September 2026	498 sqft	760,000	1,524
2 Sep 20262 September 2026	506 sqft	750,000	1,482

30 studio sales in the last 12 months

Elite Business Bay Residence

Building

524 apartments, studios to 4-bed over 23 floors in Business Bay, completed in 2021 by Range 4 Developments. 47 sold in the last 12 months.

Typical price per sqft: AED 1,388 Down 2.1%
Typical sale: AED 795K
Typical rent: AED 61K /yr
Typical yield: 7.5%

Elite Business Bay Residence, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 524 units in Elite Business Bay Residence


102	Studio	480 sqft	AED 535KAED 534,750 · Nov 2020November 2020
103	Studio	480 sqft	AED 788KAED 787,500 · Aug 2026August 2026	55,000 /yr
104	Studio	506 sqft	AED 765KAED 765,000 · Sep 2024September 2024	53,000 /yr
105	Studio	489 sqft	AED 624KAED 624,000 · Jan 2018January 2018	55,000 /yr
106	Studio	501 sqft	AED 550KAED 550,000 · Jun 2021June 2021	45,000 /yr
107	2-bed	1,343 sqft	AED 1.72MAED 1,715,284 · Dec 2023December 2023
108	Studio	401 sqft	AED 600KAED 600,000 · Mar 2021March 2021	62,000 /yr
109	2-bed	1,309 sqft	AED 1.66MAED 1,664,071 · Dec 2023December 2023
110	1-bed	815 sqft	AED 1.12MAED 1,118,647 · Dec 2023December 2023
111	1-bed	427 sqft	AED 491KAED 491,000 · Nov 2023November 2023	115,000 /yr
112	1-bed	934 sqft	AED 1.13MAED 1,130,000 · Jan 2026January 2026	81,000 /yr
113	1-bed	933 sqft	AED 785KAED 785,000 · May 2021May 2021	80,000 /yr
114	1-bed	907 sqft	AED 1.26MAED 1,260,000 · May 2026May 2026	60,000 /yr
115	Studio	605 sqft	AED 550KAED 550,000 · Jul 2021July 2021	56,000 /yr
116	4-bed	2,172 sqft	AED 2.75MAED 2,752,460 · Dec 2023December 2023
117	Studio	492 sqft	AED 515KAED 515,000 · May 2021May 2021	70,000 /yr
118	4-bed	2,191 sqft	AED 2.76MAED 2,755,000 · Jun 2026June 2026
119	Studio	506 sqft	AED 500KAED 500,000 · Feb 2021February 2021	65,000 /yr
120	Studio	252 sqft	AED 575KAED 575,000 · Nov 2020November 2020	59,839 /yr
121	Studio	238 sqft	AED 575KAED 575,000 · Nov 2020November 2020	58,000 /yr
122	Studio	478 sqft	AED 500KAED 500,000 · Apr 2021April 2021	50,000 /yr
123	Studio	247 sqft	AED 575KAED 575,000 · Dec 2020December 2020	50,000 /yr

1–7 of 22

101, Elite Business Bay Residence in numbers

Sold 3 times: first on 10 December 2020 for AED 520,000, last on 16 January 2023 for AED 650,000 (AED 1,316 per sqft).
Rented since January 2021 on 6 Ejari contracts, from AED 40,000 to AED 50,000 a year.
At AED 50,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 6,300 a year (AED 12.83 per sqft).
Studios in Elite Business Bay Residence sold for AED 551,260–830,000 in the 12 months to November 2026; the building's median across all types is AED 1,388 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 101, Elite Business Bay Residence

What did unit 101 last sell for?

AED 650,000 on 16 January 2023: AED 1,316 per sqft for 494 sqft. The unit has 3 registered sales; the first was AED 520,000 in December 2020.

What is the rent for unit 101?

AED 50,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 58,000; the unit has been rented since January 2021.

How big is unit 101?

494 sqft (45.9 sqm): a studio on the 1st floor of a 23-storey tower completed in 2021.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elite Business Bay Residence sold for AED 551,260 to 830,000 in the last 12 months, around AED 1,411 per sqft.

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Mortgage on 101, Elite Business Bay Residence

Starts from the last sale price (AED 650K, 16 January 2023). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →