4-bed · 2,191 sqftElite Business Bay Residence, Business Bay · 10th floor · completed 2021

1018, 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 June 2021, 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 1018 · DLD and Ejari recordsUpdated 15 January 2025

Last soldAED 2.58M28 June 2021

Current rentAED 196K /yr15 January 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1018, Elite Business Bay Residence

Today

What is 1018 worth today?

Last sold for AED 2,576,920 in 2021

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15 Jan 2025

15 Jan 2025RentedRenewal

AED 195,500/yr6 months · AED 89 per sqft

15 Jan 2025

15 Jan 2025RentedRenewal

AED 195,500/yr6 months · AED 89 per sqft

15 Jul 2024

15 Jul 2024RentedRenewal

AED 195,500/yr6 months · AED 89 per sqft

15 Jul 2023

15 Jul 2023RentedNew contract

AED 170,000/yr12 months · AED 77 per sqft

30 Mar 2022

30 Mar 2022RentedNew contract

AED 135,000/yr12 months · AED 61 per sqft

28 Jun 2021

28 Jun 2021Sold by developerReady

AED 2,576,920AED 1,176 per sqft

30 Mar 2021

30 Mar 2021RentedNew contract

AED 135,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type: 4-bed apartment
Size: 2,191 sqft
Floor: 10th of 23
Parking: B2-85, B2-112
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 28,100 /yr
Last sold: AED 2.58M · June 2021
Building: Elite Business Bay Residence

About 1018, Elite Business Bay Residence

1018 is a four-bedroom apartment of 2,191 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 28 June 2021 for AED 2,576,920, or AED 1,176 per sqft, 23% above the AED 959 four-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 195,500 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 28,100 a year.

Sales and rents for 1018 over time

Sales

Unit 1018, each saleTypical four-bed in Elite Business Bay Residence

1018 has sold once; the dashed line is the four-bed median of each year in the building.

Rents

Unit 1018, each contractTypical four-bed in Elite Business Bay Residence

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

4-beds in Elite Business Bay Residence, and where 1018 sits

All 46 4-beds →

4-beds in Elite Business Bay Residence · last 12 months1,220 /sqft Elite Business Bay Residence · all types1,388 /sqft

1018 last sold in June 2021 at AED 1,176 per sqft, 23% above what four-beds in Elite Business Bay Residence were fetching at the time (AED 959). Over the last 12 months four-beds sold for AED 2,647,500 to 2,755,000, around AED 1,220 per sqft, and rent for AED 150,000 to 200,000 a year. 1018's AED 195,500 is in the upper half of that range.

Recent 4-bed sales	Size	Price (AED)	Per sqft
22 Sep 202622 September 2026	2,168 sqft	2,647,500	1,220
22 Sep 202622 September 2026	2,189 sqft	2,667,000	1,218
22 Sep 202622 September 2026	2,189 sqft	2,658,000	1,214
22 Sep 202622 September 2026	2,168 sqft	2,661,200	1,227

5 4-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 →

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
1012	1-bed	880 sqft	AED 944KAED 944,290 · Dec 2017December 2017	80,000 /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
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

1018, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 28 June 2021 for AED 2,576,920, or AED 1,176 per sqft.
Rented since March 2021 on 6 Ejari contracts, from AED 135,000 to AED 195,500 a year.
At AED 195,500 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 28,100 a year (AED 12.83 per sqft).
Four-beds in Elite Business Bay Residence sold for AED 2,647,500–2,755,000 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 15 January 2025.

Questions about 1018, Elite Business Bay Residence

What did unit 1018 last sell for?

AED 2,576,920 on 28 June 2021, sold by the developer: AED 1,176 per sqft for 2,191 sqft. It is the only registered sale of the unit.

What is the rent for unit 1018?

AED 195,500 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 195,500; the unit has been rented since March 2021.

How big is unit 1018?

2,191 sqft (203.6 sqm): a four-bedroom apartment on the 10th floor of a 23-storey tower completed in 2021.

What is unit 1018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Business Bay Residence sold for AED 2,647,500 to 2,755,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 1018, Elite Business Bay Residence

Starts from the last sale price (AED 2.58M, 28 June 2021). Switch to today's estimate once you have unlocked it.

Price: AED 2,576,920
Deposit, UAE resident (20%): AED 515,384
Deposit, non-resident (40%): AED 1,030,768
Monthly over 25 years at 3.7%: AED 10,543

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