1-bed · 878 sqftElite Business Bay Residence, Business Bay · 10th floor · completed 2021

1013, Elite Business Bay Residence

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.

Unit 1013 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 944K6 December 2017
Current rentAED 72K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1013, Elite Business Bay Residence

What is 1013 worth today?

Last sold for AED 944,290 in 2017

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1 Sep 2026RentedNew contract
AED 72,000/yr12 months · AED 77 per sqft
25 Jul 2026RentedRenewal
AED 57,960/yr12 months · AED 62 per sqft
25 Jul 2025RentedRenewal
AED 83,231/yr12 months · AED 89 per sqft
25 Jul 2025RentedRenewal
AED 57,960/yr12 months · AED 62 per sqft
25 Jul 2024RentedNew contract
AED 83,000/yr12 months · AED 89 per sqft
5 Feb 2023RentedNew contract
AED 72,000/yr12 months · AED 77 per sqft
16 Jan 2022RentedNew contract
AED 62,000/yr12 months · AED 66 per sqft
16 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
10th of 23
Parking
B2-93
Developer
Range 4 Developments
Completed
2021
Service charge
AED 11,300 /yr
Last sold
AED 944K · December 2017

About 1013, Elite Business Bay Residence

1013 is a one-bedroom apartment of 878 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 1,075 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 1 September 2026, is AED 72,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1013 over time

Sales
Unit 1013, each saleTypical one-bed in Elite Business Bay Residence
750K1M1.25M2017202020232026Typical sale price by year: 2017 AED 937,615; 2019 AED 1,152,574; 2020 AED 882,000; 2021 AED 787,500; 2022 AED 890,000; 2023 AED 1,150,000; 2024 AED 1,160,000; 2025 AED 1,156,000; 2026 AED 1,230,000Sold by developer, December 2017: AED 944,290 (AED 1,075 per sqft)

1013 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1013, each contractTypical one-bed in Elite Business Bay Residence
60K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 67,000; 2023 AED 75,000; 2024 AED 82,000; 2025 AED 82,000; 2026 AED 78,000New contract, January 2021: AED 60,000 a yearNew contract, January 2022: AED 62,000 a yearNew contract, February 2023: AED 72,000 a yearNew contract, July 2024: AED 83,000 a yearRenewal, July 2025: AED 83,231 a yearRenewal, July 2025: AED 57,960 a yearRenewal, July 2026: AED 57,960 a yearNew contract, September 2026: AED 72,000 a year

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 1013 sits

All 115 1-beds →

1013 last sold in December 2017 at AED 1,075 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. 1013's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 May 20261,260,000
7 Apr 20261,125,000
31 Mar 20261,200,000
3 Feb 20261,850,000
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 60K /yr
Typical yield
7.5%
Elite Business Bay Residence, Business Bay: prices, sales and rents →
Value
1001StudioAED 525K · Jan 2021
1002StudioAED 594K · Feb 2021
1003StudioAED 594K · Nov 2017
1004StudioAED 607K · Dec 2017
1005StudioAED 655K · Mar 2021
1006StudioAED 650K · Mar 2021
10072-bedAED 1.3M · May 2022
1–7 of 22

1013, Elite Business Bay Residence in numbers

  • Sold once: by Range 4 Developments on 6 December 2017 for AED 944,290, or AED 1,075 per sqft.
  • Rented since January 2021 on 8 Ejari contracts, from AED 60,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2017 price is 7.6%, 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 1 September 2026.

Questions about 1013, Elite Business Bay Residence

What did unit 1013 last sell for?

AED 944,290 on 6 December 2017, sold by the developer: AED 1,075 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 1013?

AED 72,000 a year on the contract signed on 1 September 2026. The previous contract, from July 2026, was AED 57,960; the unit has been rented since January 2021.

How big is unit 1013?

878 sqft (81.6 sqm): a one-bedroom apartment on the 10th floor of a 23-storey tower completed in 2021.

What is unit 1013 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 1013, 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 →