1102, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1102, Elite Business Bay Residence
What is 1102 worth today?
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Source: Dubai Land Department. Updated 29 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 11th of 23
- Parking
- B1-58
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 624K · May 2022
- Building
- Elite Business Bay Residence
About 1102, Elite Business Bay Residence
1102 is a studio of 480 sqft on the 11th 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 16 May 2022 for AED 624,160, or AED 1,301 per sqft, 12% above the AED 1,159 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 29 August 2026, is AED 48,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1102 over time
1102 has sold once; the dashed line is the studio median of each year in the building.
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 1102 sits
All 317 studios →1102 last sold in May 2022 at AED 1,301 per sqft, 12% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,159). 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. 1102's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Elite Business Bay Residence
Building524 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%
Other units on the 11th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 494 sqft | AED 820KAED 820,000 · Sep 2025September 2025 | 63,000 /yr | |
| 1103 | Studio | 480 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 65,000 /yr | |
| 1104 | Studio | 506 sqft | AED 645KAED 645,000 · Jan 2023January 2023 | 55,000 /yr | |
| 1105 | Studio | 503 sqft | AED 830KAED 830,000 · Oct 2024October 2024 | 52,000 /yr | |
| 1106 | Studio | 483 sqft | AED 605KAED 605,000 · Nov 2020November 2020 | 52,000 /yr | |
| 1107 | 2-bed | 1,343 sqft | AED 1.41MAED 1,410,000 · Oct 2020October 2020 | 105,000 /yr | |
| 1108 | Studio | 401 sqft | AED 515KAED 515,000 · Dec 2020December 2020 | 65,000 /yr | |
| 1109 | 2-bed | 1,309 sqft | AED 1.2MAED 1,200,000 · Jan 2022January 2022 | ||
| 1110 | 1-bed | 812 sqft | AED 1.1MAED 1,100,000 · Dec 2024December 2024 | 70,000 /yr | |
| 1111 | 1-bed | 853 sqft | AED 810KAED 810,000 · Jan 2021January 2021 | 87,000 /yr | |
| 1112 | 1-bed | 934 sqft | AED 1.18MAED 1,175,000 · Feb 2025February 2025 | 77,000 /yr | |
| 1113 | 1-bed | 933 sqft | AED 948KAED 947,850 · Feb 2021February 2021 | 85,075 /yr | |
| 1114 | 1-bed | 907 sqft | AED 948KAED 947,850 · Feb 2021February 2021 | 74,088 /yr | |
| 1115 | Studio | 552 sqft | AED 660KAED 659,600 · Oct 2018October 2018 | ||
| 1116 | 4-bed | 2,168 sqft | AED 2.49MAED 2,490,385 · Jun 2021June 2021 | ||
| 1117 | Studio | 492 sqft | AED 725KAED 725,000 · Nov 2017November 2017 | 48,000 /yr | |
| 1118 | 4-bed | 2,189 sqft | AED 2.6MAED 2,600,000 · Sep 2024September 2024 | 195,000 /yr | |
| 1119 | Studio | 508 sqft | AED 620KAED 620,000 · Nov 2022November 2022 | 60,000 /yr | |
| 1120 | Studio | 503 sqft | AED 618KAED 618,000 · Jul 2020July 2020 | 57,000 /yr | |
| 1121 | Studio | 475 sqft | AED 618KAED 618,000 · Oct 2017October 2017 | 50,000 /yr | |
| 1122 | Studio | 478 sqft | AED 618KAED 618,000 · Oct 2017October 2017 | 50,000 /yr | |
| 1123 | Studio | 495 sqft | AED 800KAED 800,000 · May 2024May 2024 | 65,000 /yr |
1102, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 16 May 2022 for AED 624,160, or AED 1,301 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 43,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 6,200 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 29 August 2026.
Questions about 1102, Elite Business Bay Residence
What did unit 1102 last sell for?
AED 624,160 on 16 May 2022, sold by the developer: AED 1,301 per sqft for 480 sqft. It is the only registered sale of the unit.
What is the rent for unit 1102?
AED 48,000 a year on the contract signed on 29 August 2026. The previous contract, from July 2025, was AED 58,000; the unit has been rented since April 2022.
How big is unit 1102?
480 sqft (44.6 sqm): a studio on the 11th floor of a 23-storey tower completed in 2021.
What is unit 1102 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 1102, Elite Business Bay Residence
Starts from the last sale price (AED 624K, 16 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 624,160
- Deposit, UAE resident (20%)
- AED 124,832
- Deposit, non-resident (40%)
- AED 249,664
- Monthly over 25 years at 3.7%
- AED 2,554
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →