1-bed · 880 sqftElite Business Bay Residence, Business Bay · 10th floor · completed 2021

1012, 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 once, by the developer in December 2017, 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 1012 · DLD and Ejari recordsUpdated 10 August 2025

Last soldAED 944K6 December 2017

Current rentAED 80K /yr10 August 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1012, Elite Business Bay Residence

Today

What is 1012 worth today?

Last sold for AED 944,290 in 2017

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10 Aug 2025

10 Aug 2025RentedNew contract

AED 80,000/yr12 months · AED 86 per sqft

25 Mar 2025

25 Mar 2025RentedRenewal

AED 78,750/yr12 months · AED 84 per sqft

25 Mar 2025

25 Mar 2025RentedRenewal

AED 78,750/yr12 months · AED 84 per sqft

25 Mar 2024

25 Mar 2024RentedNew contract

AED 78,750/yr12 months · AED 84 per sqft

25 Mar 2023

25 Mar 2023RentedNew contract

AED 75,000/yr12 months · AED 80 per sqft

1 Mar 2023

1 Mar 2023RentedNew contract

AED 74,000/yr12 months · AED 79 per sqft

25 Nov 2021

25 Nov 2021RentedNew contract

AED 68,000/yr12 months · AED 73 per sqft

25 Jan 2021

25 Jan 2021RentedNew contract

AED 58,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type: 1-bed apartment
Size: 880 sqft
Floor: 10th of 23
Parking: B2-91
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 11,300 /yr
Last sold: AED 944K · December 2017
Building: Elite Business Bay Residence

About 1012, Elite Business Bay Residence

1012 is a one-bedroom apartment of 880 sqft on the 10th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. The developer sold it on 6 December 2017 for AED 944,290, or AED 1,073 per sqft, in line with the AED 1,098 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 10 August 2025, is AED 80,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1012 over time

Sales

Unit 1012, each saleTypical one-bed in Elite Business Bay Residence

1012 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1012, each contractTypical one-bed in Elite Business Bay Residence

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

1-beds in Elite Business Bay Residence, and where 1012 sits

All 115 1-beds →

1-beds in Elite Business Bay Residence · last 12 months1,391 /sqft Elite Business Bay Residence · all types1,388 /sqft

1012 last sold in December 2017 at AED 1,073 per sqft, in line with what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,098). Over the last 12 months one-beds sold for AED 1,062,878 to 1,850,000, around AED 1,391 per sqft, and rent for AED 41,000 to 115,000 a year. 1012's AED 80,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
15 May 202615 May 2026	907 sqft	1,260,000	1,388
7 Apr 20267 April 2026	853 sqft	1,125,000	1,318
31 Mar 202631 March 2026	853 sqft	1,200,000	1,406
3 Feb 20263 February 2026	934 sqft	1,850,000	1,980

9 1-bed 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 10th floor

All 524 units in Elite Business Bay Residence


1001	Studio	494 sqft	AED 525KAED 525,000 · Jan 2021January 2021	60,000 /yr
1002	Studio	480 sqft	AED 594KAED 593,630 · Feb 2021February 2021	50,000 /yr
1003	Studio	467 sqft	AED 594KAED 593,630 · Nov 2017November 2017	52,000 /yr
1004	Studio	493 sqft	AED 607KAED 606,980 · Dec 2017December 2017	62,000 /yr
1005	Studio	501 sqft	AED 655KAED 654,720 · Mar 2021March 2021	55,008 /yr
1006	Studio	501 sqft	AED 650KAED 649,920 · Mar 2021March 2021	48,000 /yr
1007	2-bed	1,343 sqft	AED 1.3MAED 1,300,000 · May 2022May 2022	120,000 /yr
1008	Studio	401 sqft	AED 490KAED 490,000 · Feb 2021February 2021
1009	2-bed	1,309 sqft	AED 1.57MAED 1,570,000 · Jan 2021January 2021	114,000 /yr
1010	1-bed	815 sqft	AED 1.03MAED 1,025,000 · Dec 2020December 2020	82,000 /yr
1011	1-bed	831 sqft	AED 931KAED 930,940 · Nov 2017November 2017	75,000 /yr
1013	1-bed	878 sqft	AED 944KAED 944,290 · Dec 2017December 2017	72,000 /yr
1014	1-bed	876 sqft	AED 944KAED 944,290 · Apr 2019April 2019	72,000 /yr
1015	Studio	550 sqft	AED 603KAED 602,530 · Oct 2017October 2017	55,219 /yr
1016	4-bed	2,172 sqft	AED 1.9MAED 1,900,000 · Apr 2021April 2021	215,000 /yr
1017	Studio	492 sqft	AED 660KAED 660,000 · Jan 2023January 2023	62,000 /yr
1018	4-bed	2,191 sqft	AED 2.58MAED 2,576,920 · Jun 2021June 2021	195,500 /yr
1019	Studio	506 sqft	AED 665KAED 665,000 · Dec 2020December 2020	60,000 /yr
1020	Studio	503 sqft	AED 855KAED 855,000 · Oct 2025October 2025
1021	Studio	475 sqft	AED 835KAED 835,000 · Jul 2025July 2025	74,118 /yr
1022	Studio	478 sqft	AED 665KAED 665,000 · Oct 2020October 2020	75,000 /yr
1023	Studio	482 sqft	AED 603KAED 602,530 · Jan 2018January 2018	56,227 /yr

1–7 of 22

1012, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 6 December 2017 for AED 944,290, or AED 1,073 per sqft.
Rented since January 2021 on 8 Ejari contracts, from AED 58,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 11,300 a year (AED 12.83 per sqft).
One-beds in Elite Business Bay Residence sold for AED 1,062,878–1,850,000 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 10 August 2025.

Questions about 1012, Elite Business Bay Residence

What did unit 1012 last sell for?

AED 944,290 on 6 December 2017, sold by the developer: AED 1,073 per sqft for 880 sqft. It is the only registered sale of the unit.

What is the rent for unit 1012?

AED 80,000 a year on the contract signed on 10 August 2025. The previous contract, from March 2025, was AED 78,750; the unit has been rented since January 2021.

How big is unit 1012?

880 sqft (81.8 sqm): a one-bedroom apartment on the 10th floor of a 23-storey tower completed in 2021.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Business Bay Residence sold for AED 1,062,878 to 1,850,000 in the last 12 months, around AED 1,391 per sqft.

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Mortgage on 1012, Elite Business Bay Residence

Starts from the last sale price (AED 944K, 6 December 2017). Switch to today's estimate once you have unlocked it.

Price: AED 944,290
Deposit, UAE resident (20%): AED 188,858
Deposit, non-resident (40%): AED 377,716
Monthly over 25 years at 3.7%: AED 3,863

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