1707, Elite Business Bay Residence
Sold prices and rental history: sold twice, last in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1707, Elite Business Bay Residence
What is 1707 worth today?
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Source: Dubai Land Department. Updated 15 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,343 sqft
- Floor
- 17th of 23
- Parking
- P1-101, P1-108
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.25M · December 2021
- Building
- Elite Business Bay Residence
About 1707, Elite Business Bay Residence
1707 is a two-bedroom apartment of 1,343 sqft on the 17th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 15 December 2021 for AED 1,250,000, or AED 930 per sqft, 50% above the AED 619 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1707 over time
1707 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1707 sits
All 46 2-beds →1707 last sold in December 2021 at AED 930 per sqft, 50% above what two-beds in Elite Business Bay Residence were fetching at the time (AED 619). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 17th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | Studio | 480 sqft | AED 551KAED 551,260 · Dec 2025December 2025 | 47,000 /yr | |
| 1703 | Studio | 480 sqft | AED 551KAED 551,260 · Dec 2025December 2025 | 65,000 /yr | |
| 1704 | Studio | 506 sqft | AED 615KAED 615,000 · Jun 2021June 2021 | 65,000 /yr | |
| 1705 | Studio | 503 sqft | AED 800KAED 800,000 · Apr 2023April 2023 | 55,000 /yr | |
| 1706 | Studio | 498 sqft | AED 485KAED 485,000 · Dec 2020December 2020 | 50,000 /yr | |
| 1708 | Studio | 401 sqft | AED 525KAED 525,000 · Jan 2021January 2021 | 53,538 /yr | |
| 1709 | 2-bed | 1,309 sqft | AED 1.18MAED 1,175,000 · Jan 2021January 2021 | 120,000 /yr | |
| 1710 | 1-bed | 812 sqft | AED 810KAED 810,000 · Jan 2021January 2021 | 75,000 /yr | |
| 1711 | 1-bed | 853 sqft | AED 830KAED 830,000 · Dec 2020December 2020 | 85,000 /yr | |
| 1712 | 1-bed | 934 sqft | AED 950KAED 950,000 · Nov 2021November 2021 | ||
| 1713 | 1-bed | 878 sqft | AED 1.29MAED 1,287,357 · Jul 2019July 2019 | 92,000 /yr | |
| 1714 | 1-bed | 907 sqft | AED 830KAED 830,000 · Jan 2021January 2021 | 80,000 /yr | |
| 1715 | Studio | 609 sqft | AED 580KAED 580,000 · May 2021May 2021 | 65,000 /yr | |
| 1716 | 4-bed | 2,168 sqft | AED 2.05MAED 2,051,000 · Feb 2021February 2021 | 160,000 /yr | |
| 1717 | Studio | 492 sqft | AED 600KAED 600,000 · Feb 2021February 2021 | ||
| 1718 | 4-bed | 2,189 sqft | AED 2MAED 2,000,000 · Dec 2020December 2020 | 160,000 /yr | |
| 1719 | Studio | 508 sqft | AED 815KAED 815,000 · Sep 2025September 2025 | 66,000 /yr | |
| 1720 | Studio | 503 sqft | AED 680KAED 680,000 · Aug 2020August 2020 | 48,000 /yr | |
| 1721 | Studio | 475 sqft | AED 651KAED 651,420 · Nov 2017November 2017 | 58,000 /yr | |
| 1722 | Studio | 478 sqft | AED 665KAED 665,280 · Oct 2018October 2018 | 52,000 /yr | |
| 1723 | Studio | 482 sqft | AED 635KAED 635,000 · Sep 2018September 2018 | 53,000 /yr |
1707, Elite Business Bay Residence in numbers
- Sold twice: first on 1 March 2021 for AED 1,540,000, last on 15 December 2021 for AED 1,250,000 (AED 930 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 December 2021.
Questions about 1707, Elite Business Bay Residence
What did unit 1707 last sell for?
AED 1,250,000 on 15 December 2021: AED 930 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 1,540,000 in March 2021.
How big is unit 1707?
1,343 sqft (124.8 sqm): a two-bedroom apartment on the 17th floor of a 23-storey tower completed in 2021.
What is unit 1707 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 1707, Elite Business Bay Residence
Starts from the last sale price (AED 1.25M, 15 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →