1-bed · 876 sqftElite Business Bay Residence, Business Bay · 14th floor · completed 2021

1414, Elite Business Bay Residence

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1414 · DLD and Ejari recordsUpdated 17 March 2026
Last soldAED 980K10 November 2020
Current rentAED 85K /yr17 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1414, Elite Business Bay Residence

What is 1414 worth today?

Last sold for AED 980,000 in 2020

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17 Mar 2026RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
17 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
17 Mar 2024RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
18 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
10 Nov 2020Sold by developerOff-plan
AED 980,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 17 March 2026.

Key facts

Type
1-bed apartment
Size
876 sqft
Floor
14th of 23
Parking
B1-20
Developer
Range 4 Developments
Completed
2021
Service charge
AED 11,200 /yr
Last sold
AED 980K · November 2020

About 1414, Elite Business Bay Residence

1414 is a one-bedroom apartment of 876 sqft on the 14th 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 10 November 2020 for AED 980,000, or AED 1,119 per sqft, in line with the AED 1,116 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 17 March 2026, is AED 85,000 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1414 over time

Sales
Unit 1414, 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, November 2020: AED 980,000 (AED 1,119 per sqft)

1414 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1414, each contractTypical one-bed in Elite Business Bay Residence
60K80K2021202320252027Typical 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, February 2023: AED 75,000 a yearNew contract, March 2024: AED 82,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2026: AED 85,000 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 1414 sits

All 115 1-beds →

1414 last sold in November 2020 at AED 1,119 per sqft, in line with what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,116). 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. 1414's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 May 20261,260,000
7 Apr 20261,125,000
31 Mar 20261,200,000
3 Feb 20261,850,000
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 →
Value
1401StudioAED 700K · Nov 2026
1402StudioAED 605K · Nov 2020
1403StudioAED 605K · Nov 2020
1404StudioAED 510K · Apr 2021
1405StudioAED 570K · Nov 2021
1406StudioAED 550K · Mar 2021
14072-bedAED 1.3M · Feb 2021
1–7 of 22

1414, Elite Business Bay Residence in numbers

  • Sold once: by Range 4 Developments on 10 November 2020 for AED 980,000, or AED 1,119 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 8.7%, before a service charge of about AED 11,200 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 17 March 2026.

Questions about 1414, Elite Business Bay Residence

What did unit 1414 last sell for?

AED 980,000 on 10 November 2020, sold by the developer: AED 1,119 per sqft for 876 sqft. It is the only registered sale of the unit.

What is the rent for unit 1414?

AED 85,000 a year on the contract renewed on 17 March 2026. The previous contract, from March 2025, was AED 85,000; the unit has been rented since February 2023.

How big is unit 1414?

876 sqft (81.4 sqm): a one-bedroom apartment on the 14th floor of a 23-storey tower completed in 2021.

What is unit 1414 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 1414, Elite Business Bay Residence

Starts from the last sale price (AED 980K, 10 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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