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1-bed · 907 sqftElite Business Bay Residence, Business Bay · 1st floor · completed 2021

114, Elite Business Bay Residence

Sold prices and rental history: sold 3 times, last in May 2026, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 1.26M15 May 2026
Current rentAED 60K /yr15 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, Elite Business Bay Residence

What is 114 worth today?

Last sold for AED 1,260,000 in 2026

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15 May 2026SoldReady
AED 1,260,000AED 1,388 per sqft
13 Feb 2025SoldReady
AED 800,000AED 881 per sqft
22 Feb 2021Sold by developerReady
AED 782,137AED 861 per sqft
15 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
1st of 23
Parking
B3-11
Developer
Range 4 Developments
Completed
2021
Service charge
AED 11,600 /yr
Last sold
AED 1.26M · May 2026
Building
Elite Business Bay Residence

About 114, Elite Business Bay Residence

114 is a one-bedroom apartment of 907 sqft on the 1st floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 15 May 2026 for AED 1,260,000, or AED 1,388 per sqft, in line with the AED 1,391 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2021. The current contract, signed on 15 January 2021, is AED 60,000 a year: a gross yield of 4.8% on the 2026 price, before the service charge of about AED 11,600 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, February 2021: AED 782,137 (AED 861 per sqft)Sold, February 2025: AED 800,000 (AED 881 per sqft)Sold, May 2026: AED 1,260,000 (AED 1,388 per sqft)

114 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 114, each contractTypical one-bed in Elite Business Bay Residence
60K70K80K2021202320252027Typical 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 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 114 sits

All 115 1-beds →

114 last sold in May 2026 at AED 1,388 per sqft, in line with what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,391). 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. 114's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Apr 20261,125,000
31 Mar 20261,200,000
3 Feb 20261,850,000
7 Jan 20261,300,000
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 →

Other units on the 1st floor

All 524 units in Elite Business Bay Residence
Value
101StudioAED 650K · Jan 2023
102StudioAED 535K · Nov 2020
103StudioAED 788K · Aug 2026
104StudioAED 765K · Sep 2024
105StudioAED 624K · Jan 2018
106StudioAED 550K · Jun 2021
1072-bedAED 1.72M · Dec 2023
1–7 of 22

114, Elite Business Bay Residence in numbers

  • Sold 3 times: first on 22 February 2021 for AED 782,137, last on 15 May 2026 for AED 1,260,000 (AED 1,388 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2026 price is 4.8%, before a service charge of about AED 11,600 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 15 May 2026.

Questions about 114, Elite Business Bay Residence

What did unit 114 last sell for?

AED 1,260,000 on 15 May 2026: AED 1,388 per sqft for 907 sqft. The unit has 3 registered sales; the first was AED 782,137 in February 2021.

What is the rent for unit 114?

AED 60,000 a year on the contract signed on 15 January 2021.

How big is unit 114?

907 sqft (84.3 sqm): a one-bedroom apartment on the 1st floor of a 23-storey tower completed in 2021.

What is unit 114 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 114, Elite Business Bay Residence

Starts from the last sale price (AED 1.26M, 15 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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