1302, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in December 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Elite Business Bay Residence
What is 1302 worth today?
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Source: Dubai Land Department. Updated 5 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 13th of 23
- Parking
- P2-03
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 551K · December 2025
- Building
- Elite Business Bay Residence
About 1302, Elite Business Bay Residence
1302 is a studio of 480 sqft on the 13th 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 December 2025 for AED 551,260, or AED 1,149 per sqft, 9% below the AED 1,264 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 February 2026. The current contract, signed on 5 February 2026, is AED 63,000 a year: a gross yield of 11.4% on the 2025 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1302 over time
1302 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 1302 sits
All 317 studios →1302 last sold in December 2025 at AED 1,149 per sqft, 9% below what studios in Elite Business Bay Residence were fetching at the time (AED 1,264). 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. 1302's AED 63,000 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 60K /yr
- Typical yield
- 7.5%
Other units on the 13th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | Studio | 494 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | ||
| 1303 | Studio | 480 sqft | AED 551KAED 551,260 · Dec 2025December 2025 | 61,000 /yr | |
| 1304 | Studio | 506 sqft | AED 650KAED 650,000 · Mar 2021March 2021 | 65,000 /yr | |
| 1305 | Studio | 503 sqft | AED 615KAED 614,990 · Feb 2021February 2021 | 60,000 /yr | |
| 1306 | Studio | 498 sqft | AED 525KAED 525,000 · Jan 2021January 2021 | ||
| 1307 | 2-bed | 1,343 sqft | AED 1.2MAED 1,200,000 · Nov 2020November 2020 | ||
| 1308 | Studio | 401 sqft | AED 525KAED 525,000 · Nov 2020November 2020 | ||
| 1309 | 2-bed | 1,309 sqft | AED 1.65MAED 1,650,000 · May 2023May 2023 | 115,000 /yr | |
| 1310 | 1-bed | 812 sqft | AED 790KAED 790,000 · Apr 2021April 2021 | ||
| 1311 | 1-bed | 853 sqft | AED 835KAED 835,000 · Apr 2021April 2021 | ||
| 1312 | 1-bed | 934 sqft | AED 950KAED 950,000 · Apr 2021April 2021 | 74,000 /yr | |
| 1313 | 1-bed | 933 sqft | AED 1.24MAED 1,235,700 · Jun 2025June 2025 | 85,000 /yr | |
| 1314 | 1-bed | 907 sqft | AED 1.15MAED 1,150,000 · Dec 2024December 2024 | 85,000 /yr | |
| 1315 | Studio | 609 sqft | AED 611KAED 610,540 · Feb 2021February 2021 | 52,500 /yr | |
| 1316 | 4-bed | 2,168 sqft | AED 2.49MAED 2,490,385 · Jun 2021June 2021 | 194,250 /yr | |
| 1317 | Studio | 492 sqft | AED 690KAED 690,000 · Sep 2018September 2018 | 65,000 /yr | |
| 1318 | 4-bed | 2,189 sqft | AED 2.67MAED 2,667,000 · Sep 2026September 2026 | 185,000 /yr | |
| 1319 | Studio | 508 sqft | AED 500KAED 500,000 · Oct 2020October 2020 | 50,000 /yr | |
| 1320 | Studio | 503 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 72,000 /yr | |
| 1322 | Studio | 478 sqft | AED 551KAED 551,260 · Dec 2025December 2025 | 48,000 /yr | |
| 1323 | Studio | 495 sqft | AED 630KAED 630,000 · Dec 2020December 2020 | 58,000 /yr |
1302, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 16 December 2025 for AED 551,260, or AED 1,149 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2025 price is 11.4%, 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 5 February 2026.
Questions about 1302, Elite Business Bay Residence
What did unit 1302 last sell for?
AED 551,260 on 16 December 2025, sold by the developer: AED 1,149 per sqft for 480 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 63,000 a year on the contract signed on 5 February 2026.
How big is unit 1302?
480 sqft (44.6 sqm): a studio on the 13th floor of a 23-storey tower completed in 2021.
What is unit 1302 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 1302, Elite Business Bay Residence
Starts from the last sale price (AED 551K, 16 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 551,260
- Deposit, UAE resident (20%)
- AED 110,252
- Deposit, non-resident (40%)
- AED 220,504
- Monthly over 25 years at 3.7%
- AED 2,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →