2-bed · 1,343 sqftElite Business Bay Residence, Business Bay · 12th floor · completed 2021

1207, 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 twice, last in January 2024, 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 1207 · DLD and Ejari recordsUpdated 17 August 2026

Last soldAED 1.77M26 January 2024

Current rentAED 100K /yr17 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1207, Elite Business Bay Residence

Today

What is 1207 worth today?

Last sold for AED 1,774,822 in 2024

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17 Aug 2026

17 Aug 2026RentedNew contract

AED 100,000/yr12 months · AED 74 per sqft

26 Jan 2024

26 Jan 2024SoldReady

AED 1,774,822AED 1,321 per sqft

19 Apr 2023

19 Apr 2023RentedNew contract

AED 130,000/yr12 months · AED 97 per sqft

21 Mar 2022

21 Mar 2022RentedNew contract

AED 110,000/yr12 months · AED 82 per sqft

9 Feb 2021

9 Feb 2021RentedNew contract

AED 85,000/yr12 months · AED 63 per sqft

6 Jan 2021

6 Jan 2021Sold by developerReady

AED 1,270,000AED 945 per sqft

Source: Dubai Land Department. Updated 17 August 2026.

Key facts

Type: 2-bed apartment
Size: 1,343 sqft
Floor: 12th of 23
Parking: B1-34, B1-35
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 17,200 /yr
Last sold: AED 1.77M · January 2024
Building: Elite Business Bay Residence

About 1207, Elite Business Bay Residence

1207 is a two-bedroom apartment of 1,343 sqft on the 12th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 26 January 2024 for AED 1,774,822, or AED 1,321 per sqft, 4% above the AED 1,272 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 17 August 2026, is AED 100,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 1207 over time

Sales

Unit 1207, each saleTypical two-bed in Elite Business Bay Residence

1207 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1207, each contractTypical two-bed in Elite Business Bay Residence

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

2-beds in Elite Business Bay Residence, and where 1207 sits

All 46 2-beds →

2-beds in Elite Business Bay Residence · last 12 months1,451 /sqft Elite Business Bay Residence · all types1,388 /sqft

1207 last sold in January 2024 at AED 1,321 per sqft, 4% above what two-beds in Elite Business Bay Residence were fetching at the time (AED 1,272). Over the last 12 months two-beds sold for AED 1,539,000 to 2,250,000, around AED 1,451 per sqft, and rent for AED 84,765 to 170,000 a year. 1207's AED 100,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
22 Sep 202622 September 2026	1,309 sqft	1,539,000	1,175
18 Feb 202618 February 2026	1,309 sqft	2,250,000	1,718
14 Nov 202514 November 2025	1,309 sqft	1,900,000	1,451
11 Sep 202511 September 2025	1,343 sqft	1,800,000	1,340

3 2-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 12th floor

All 524 units in Elite Business Bay Residence


1201	Studio	482 sqft	AED 605KAED 605,000 · Nov 2020November 2020	47,418 /yr
1202	Studio	480 sqft	AED 551KAED 551,260 · Dec 2025December 2025	64,000 /yr
1203	Studio	480 sqft	AED 551KAED 551,260 · Dec 2025December 2025	63,000 /yr
1204	Studio	506 sqft	AED 620KAED 620,000 · Nov 2022November 2022	52,500 /yr
1205	Studio	503 sqft	AED 620KAED 620,000 · Nov 2022November 2022	55,125 /yr
1206	Studio	498 sqft	AED 850KAED 850,000 · Sep 2024September 2024	68,000 /yr
1208	Studio	401 sqft	AED 515KAED 515,000 · Mar 2021March 2021	43,700 /yr
1209	2-bed	1,309 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	135,000 /yr
1210	1-bed	812 sqft	AED 790KAED 790,000 · Jan 2021January 2021
1211	1-bed	853 sqft	AED 850KAED 850,000 · Feb 2021February 2021	75,000 /yr
1212	1-bed	934 sqft	AED 1.85MAED 1,850,000 · Feb 2026February 2026	100,000 /yr
1213	1-bed	933 sqft	AED 780KAED 780,000 · Apr 2021April 2021	19,946 /yr
1214	1-bed	907 sqft	AED 890KAED 890,000 · Dec 2022December 2022	80,000 /yr
1215	Studio	609 sqft	AED 560KAED 560,000 · Jul 2021July 2021	53,000 /yr
1216	4-bed	2,168 sqft	AED 2.49MAED 2,490,385 · Jul 2021July 2021
1217	Studio	492 sqft	AED 728KAED 728,000 · Nov 2017November 2017	65,000 /yr
1218	4-bed	2,189 sqft	AED 2.66MAED 2,658,000 · Sep 2026September 2026	192,500 /yr
1219	Studio	508 sqft	AED 612KAED 612,320 · Feb 2021February 2021	51,485 /yr
1220	Studio	503 sqft	AED 500KAED 500,000 · Oct 2020October 2020	58,000 /yr
1221	Studio	475 sqft	AED 790KAED 790,000 · Feb 2024February 2024	68,000 /yr
1222	Studio	478 sqft	AED 806KAED 805,830 · Jun 2019June 2019	62,890 /yr
1223	Studio	495 sqft	AED 450KAED 450,000 · Aug 2021August 2021	53,000 /yr

1–7 of 22

1207, Elite Business Bay Residence in numbers

Sold twice: first on 6 January 2021 for AED 1,270,000, last on 26 January 2024 for AED 1,774,822 (AED 1,321 per sqft).
Rented since February 2021 on 4 Ejari contracts, from AED 85,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 17,200 a year (AED 12.83 per sqft).
Two-beds in Elite Business Bay Residence sold for AED 1,539,000–2,250,000 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 17 August 2026.

Questions about 1207, Elite Business Bay Residence

What did unit 1207 last sell for?

AED 1,774,822 on 26 January 2024: AED 1,321 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 1,270,000 in January 2021.

What is the rent for unit 1207?

AED 100,000 a year on the contract signed on 17 August 2026. The previous contract, from April 2023, was AED 130,000; the unit has been rented since February 2021.

How big is unit 1207?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 12th floor of a 23-storey tower completed in 2021.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Business Bay Residence sold for AED 1,539,000 to 2,250,000 in the last 12 months, around AED 1,451 per sqft.

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Mortgage on 1207, Elite Business Bay Residence

Starts from the last sale price (AED 1.77M, 26 January 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,774,822
Deposit, UAE resident (20%): AED 354,964
Deposit, non-resident (40%): AED 709,929
Monthly over 25 years at 3.7%: AED 7,261

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