Studio · 492 sqftElite Business Bay Residence, Business Bay · 13th floor · completed 2021

1317, 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 September 2018, 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 1317 · DLD and Ejari recordsUpdated 6 February 2026

Last soldAED 690K11 September 2018

Current rentAED 65K /yr6 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1317, Elite Business Bay Residence

Today

What is 1317 worth today?

Last sold for AED 690,000 in 2018

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6 Feb 2026

6 Feb 2026RentedNew contract

AED 65,000/yr12 months · AED 132 per sqft

20 Sep 2025

20 Sep 2025RentedRenewal

AED 50,820/yr12 months · AED 103 per sqft

20 Sep 2024

20 Sep 2024RentedRenewal

AED 48,400/yr12 months · AED 98 per sqft

20 Sep 2021

20 Sep 2021RentedNew contract

AED 40,000/yr12 months · AED 81 per sqft

11 Sep 2018

11 Sep 2018Sold by developerOff-plan

AED 690,000AED 1,402 per sqft

Source: Dubai Land Department. Updated 6 February 2026.

Key facts

Type: Studio apartment
Size: 492 sqft
Floor: 13th of 23
Parking: P2-10
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,300 /yr
Last sold: AED 690K · September 2018
Building: Elite Business Bay Residence

About 1317, Elite Business Bay Residence

1317 is a studio of 492 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 11 September 2018 for AED 690,000, or AED 1,402 per sqft, 7% above the AED 1,308 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 6 February 2026, is AED 65,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1317 over time

Sales

Unit 1317, each saleTypical studio in Elite Business Bay Residence

1317 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1317, 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 1317 sits

All 317 studios →

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

1317 last sold in September 2018 at AED 1,402 per sqft, 7% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,308). 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. 1317's AED 65,000 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 60K /yr
Typical yield: 7.5%

Elite Business Bay Residence, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 524 units in Elite Business Bay Residence


1301	Studio	494 sqft	AED 605KAED 605,000 · Jul 2022July 2022
1302	Studio	480 sqft	AED 551KAED 551,260 · Dec 2025December 2025	63,000 /yr
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
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

1–7 of 21

1317, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 11 September 2018 for AED 690,000, or AED 1,402 per sqft.
Rented since September 2021 on 4 Ejari contracts, from AED 40,000 to AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 6,300 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 6 February 2026.

Questions about 1317, Elite Business Bay Residence

What did unit 1317 last sell for?

AED 690,000 on 11 September 2018, sold by the developer: AED 1,402 per sqft for 492 sqft. It is the only registered sale of the unit.

What is the rent for unit 1317?

AED 65,000 a year on the contract signed on 6 February 2026. The previous contract, from September 2025, was AED 50,820; the unit has been rented since September 2021.

How big is unit 1317?

492 sqft (45.7 sqm): a studio on the 13th floor of a 23-storey tower completed in 2021.

What is unit 1317 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 1317, Elite Business Bay Residence

Starts from the last sale price (AED 690K, 11 September 2018). Switch to today's estimate once you have unlocked it.

Price: AED 690,000
Deposit, UAE resident (20%): AED 138,000
Deposit, non-resident (40%): AED 276,000
Monthly over 25 years at 3.7%: AED 2,823

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