Studio · 401 sqftElite Business Bay Residence, Business Bay · 1st floor · completed 2021

108, 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 March 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 108 · DLD and Ejari recordsUpdated 16 December 2025

Last soldAED 600K9 March 2021

Current rentAED 62K /yr16 December 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 108, Elite Business Bay Residence

Today

What is 108 worth today?

Last sold for AED 600,000 in 2021

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16 Dec 2025

16 Dec 2025RentedNew contract

AED 62,000/yr12 months · AED 156 per sqft

1 Dec 2024

1 Dec 2024RentedNew contract

AED 66,000/yr12 months · AED 166 per sqft

9 Mar 2021

9 Mar 2021Sold by developerReady

AED 600,000AED 1,497 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type: Studio apartment
Size: 401 sqft
Floor: 1st of 23
Parking: B3-25
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 5,100 /yr
Last sold: AED 600K · March 2021
Building: Elite Business Bay Residence

About 108, Elite Business Bay Residence

108 is a studio of 401 sqft on the 1st 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 9 March 2021 for AED 600,000, or AED 1,497 per sqft, 24% above the AED 1,210 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 16 December 2025, is AED 62,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 5,100 a year.

Sales and rents for 108 over time

Sales

Unit 108, each saleTypical studio in Elite Business Bay Residence

108 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 108, 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 108 sits

All 317 studios →

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

108 last sold in March 2021 at AED 1,497 per sqft, 24% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,210). 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. 108's AED 62,000 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


101	Studio	494 sqft	AED 650KAED 650,000 · Jan 2023January 2023	50,000 /yr
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
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

108, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 9 March 2021 for AED 600,000, or AED 1,497 per sqft.
Rented since December 2024 on 2 Ejari contracts, from AED 66,000 to AED 62,000 a year.
At AED 62,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 5,100 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 16 December 2025.

Questions about 108, Elite Business Bay Residence

What did unit 108 last sell for?

AED 600,000 on 9 March 2021, sold by the developer: AED 1,497 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 62,000 a year on the contract signed on 16 December 2025. The previous contract, from December 2024, was AED 66,000.

How big is unit 108?

401 sqft (37.3 sqm): a studio on the 1st floor of a 23-storey tower completed in 2021.

What is unit 108 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 108, Elite Business Bay Residence

Starts from the last sale price (AED 600K, 9 March 2021). Switch to today's estimate once you have unlocked it.

Price: AED 600,000
Deposit, UAE resident (20%): AED 120,000
Deposit, non-resident (40%): AED 240,000
Monthly over 25 years at 3.7%: AED 2,455

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