2-bed · 1,343 sqftElite Business Bay Residence, Business Bay · 15th floor · completed 2021

1507, 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 July 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 1507 · DLD and Ejari recordsUpdated 15 September 2026

Last soldAED 1.8M9 July 2024

Current rentAED 110K /yr15 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1507, Elite Business Bay Residence

Today

What is 1507 worth today?

Last sold for AED 1,800,000 in 2024

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15 Sep 2026

15 Sep 2026RentedNew contract

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

1 Mar 2026

1 Mar 2026RentedNew contract

AED 140,000/yr12 months · AED 105 per sqft

6 Nov 2025

6 Nov 2025RentedRenewal

AED 144,996/yr2 months · AED 108 per sqft

6 Sep 2025

6 Sep 2025RentedRenewal

AED 144,996/yr2 months · AED 108 per sqft

6 Jul 2025

6 Jul 2025RentedNew contract

AED 144,996/yr2 months · AED 108 per sqft

6 Jul 2025

6 Jul 2025RentedNew contract

AED 144,996/yr2 months · AED 108 per sqft

9 Jul 2024

9 Jul 2024SoldReady

AED 1,800,000AED 1,340 per sqft

6 Sep 2023

6 Sep 2023RentedNew contract

AED 140,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type: 2-bed apartment
Size: 1,343 sqft
Floor: 15th of 23
Parking: B1-75, B1-76
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 17,200 /yr
Last sold: AED 1.8M · July 2024
Building: Elite Business Bay Residence

About 1507, Elite Business Bay Residence

1507 is a two-bedroom apartment of 1,343 sqft on the 15th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 9 July 2024 for AED 1,800,000, or AED 1,340 per sqft, 5% above the AED 1,274 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 15 September 2026, is AED 110,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 1507 over time

Sales

Unit 1507, each saleTypical two-bed in Elite Business Bay Residence

1507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1507, 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 1507 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

1507 last sold in July 2024 at AED 1,340 per sqft, 5% above what two-beds in Elite Business Bay Residence were fetching at the time (AED 1,274). 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. 1507's AED 110,000 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 15th floor

All 524 units in Elite Business Bay Residence


1501	Studio	494 sqft	AED 551KAED 551,260 · Dec 2025December 2025	60,000 /yr
1502	Studio	480 sqft	AED 551KAED 551,260 · Dec 2025December 2025	64,000 /yr
1503	Studio	480 sqft	AED 551KAED 551,260 · Dec 2025December 2025	47,000 /yr
1504	Studio	506 sqft	AED 540KAED 540,000 · May 2021May 2021	65,000 /yr
1505	Studio	491 sqft	AED 630KAED 630,000 · Mar 2020March 2020	50,000 /yr
1506	Studio	483 sqft	AED 650KAED 650,000 · Jul 2020July 2020	54,000 /yr
1508	Studio	401 sqft	AED 490KAED 490,000 · Jun 2022June 2022	73,500 /yr
1509	2-bed	1,309 sqft	AED 1.9MAED 1,900,000 · Nov 2025November 2025	84,765 /yr
1510	1-bed	812 sqft	AED 1.25MAED 1,250,000 · Jul 2024July 2024	70,000 /yr
1511	1-bed	853 sqft	AED 1.2MAED 1,200,000 · Mar 2024March 2024	75,000 /yr
1512	1-bed	934 sqft	AED 800KAED 800,000 · Jan 2021January 2021	74,000 /yr
1513	1-bed	933 sqft	AED 775KAED 775,000 · Mar 2021March 2021	85,000 /yr
1514	1-bed	907 sqft	AED 1.03MAED 1,026,950 · Jul 2021July 2021	84,000 /yr
1515	Studio	609 sqft	AED 595KAED 595,000 · Apr 2021April 2021	67,000 /yr
1516	4-bed	2,168 sqft	AED 2.65MAED 2,647,500 · Sep 2026September 2026	190,000 /yr
1517	Studio	492 sqft	AED 710KAED 710,000 · Feb 2020February 2020	60,000 /yr
1518	4-bed	2,189 sqft	AED 1.98MAED 1,980,000 · Dec 2020December 2020	170,000 /yr
1519	Studio	508 sqft	AED 630KAED 630,000 · Apr 2021April 2021	50,000 /yr
1520	Studio	503 sqft	AED 675KAED 675,000 · Feb 2020February 2020	50,000 /yr
1521	Studio	475 sqft	AED 551KAED 551,260 · Dec 2025December 2025	47,000 /yr
1522	Studio	478 sqft	AED 551KAED 551,260 · Dec 2025December 2025	50,000 /yr
1523	Studio	495 sqft	AED 630KAED 630,000 · Aug 2021August 2021	52,500 /yr

1–7 of 22

1507, Elite Business Bay Residence in numbers

Sold twice: first on 1 November 2020 for AED 1,190,000, last on 9 July 2024 for AED 1,800,000 (AED 1,340 per sqft).
Rented since March 2021 on 8 Ejari contracts, from AED 76,000 to AED 110,000 a year.
At AED 110,000 a year the gross yield on the 2024 price is 6.1%, 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 15 September 2026.

Questions about 1507, Elite Business Bay Residence

What did unit 1507 last sell for?

AED 1,800,000 on 9 July 2024: AED 1,340 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 1,190,000 in November 2020.

What is the rent for unit 1507?

AED 110,000 a year on the contract signed on 15 September 2026. The previous contract, from March 2026, was AED 140,000; the unit has been rented since March 2021.

How big is unit 1507?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 15th floor of a 23-storey tower completed in 2021.

What is unit 1507 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 1507, Elite Business Bay Residence

Starts from the last sale price (AED 1.8M, 9 July 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,800,000
Deposit, UAE resident (20%): AED 360,000
Deposit, non-resident (40%): AED 720,000
Monthly over 25 years at 3.7%: AED 7,364

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