1-bed · 876 sqftElite Business Bay Residence, Business Bay · 10th floor · completed 2021

1014, Elite Business Bay Residence

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 3 May 2026
Last soldAED 944K10 April 2019
Current rentAED 72K /yr3 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1014, Elite Business Bay Residence

What is 1014 worth today?

Last sold for AED 944,290 in 2019

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3 May 2026RentedRenewal
AED 72,000/yr3 months · AED 80 per sqft
3 Feb 2026RentedRenewal
AED 80,000/yr3 months · AED 88 per sqft
3 Dec 2025RentedRenewal
AED 79,998/yr2 months · AED 88 per sqft
3 Dec 2024RentedRenewal
AED 80,000/yr12 months · AED 88 per sqft
3 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
15 Mar 2022RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
15 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
10 Apr 2019Sold by developerOff-plan
AED 944,290AED 1,078 per sqft

Source: Dubai Land Department. Updated 3 May 2026.

Key facts

Type
1-bed apartment
Size
876 sqft
Floor
10th of 23
Parking
B2-94
Developer
Range 4 Developments
Completed
2021
Service charge
AED 11,200 /yr
Last sold
AED 944K · April 2019

About 1014, Elite Business Bay Residence

1014 is a one-bedroom apartment of 876 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 10 April 2019 for AED 944,290, or AED 1,078 per sqft.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 3 May 2026, is AED 72,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, 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, April 2019: AED 944,290 (AED 1,078 per sqft)

1014 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1014, 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, March 2021: AED 55,000 a yearRenewal, March 2022: AED 60,000 a yearNew contract, December 2023: AED 80,000 a yearRenewal, December 2024: AED 80,000 a yearRenewal, December 2025: AED 79,998 a yearRenewal, February 2026: AED 80,000 a yearRenewal, May 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 1014 sits

All 115 1-beds →

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. 1014'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

1014, Elite Business Bay Residence in numbers

  • Sold once: by Range 4 Developments on 10 April 2019 for AED 944,290, or AED 1,078 per sqft.
  • Rented since March 2021 on 7 Ejari contracts, from AED 55,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 11,200 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 3 May 2026.

Questions about 1014, Elite Business Bay Residence

What did unit 1014 last sell for?

AED 944,290 on 10 April 2019, sold by the developer: AED 1,078 per sqft for 876 sqft. It is the only registered sale of the unit.

What is the rent for unit 1014?

AED 72,000 a year on the contract renewed on 3 May 2026. The previous contract, from February 2026, was AED 80,000; the unit has been rented since March 2021.

How big is unit 1014?

876 sqft (81.4 sqm): a one-bedroom apartment on the 10th floor of a 23-storey tower completed in 2021.

What is unit 1014 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 1014, Elite Business Bay Residence

Starts from the last sale price (AED 944K, 10 April 2019). 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 →