4-bed · 2,168 sqftElite Business Bay Residence, Business Bay · 17th floor · completed 2021

1716, 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 February 2021, 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 1716 · DLD and Ejari recordsUpdated 1 August 2026

Last soldAED 2.05M14 February 2021

Current rentAED 160K /yr1 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1716, Elite Business Bay Residence

Today

What is 1716 worth today?

Last sold for AED 2,051,000 in 2021

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1 Aug 2026

1 Aug 2026RentedNew contract

AED 160,000/yr12 months · AED 74 per sqft

1 Jan 2026

1 Jan 2026RentedNew contract

AED 190,000/yr12 months · AED 88 per sqft

13 Oct 2024

13 Oct 2024RentedNew contract

AED 180,000/yr12 months · AED 83 per sqft

28 Aug 2023

28 Aug 2023RentedNew contract

AED 150,000/yr12 months · AED 69 per sqft

1 Jun 2022

1 Jun 2022RentedNew contract

AED 160,000/yr12 months · AED 74 per sqft

22 May 2021

22 May 2021RentedNew contract

AED 130,000/yr12 months · AED 60 per sqft

14 Feb 2021

14 Feb 2021Sold by developerReady

AED 2,051,000AED 945 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type: 4-bed apartment
Size: 2,168 sqft
Floor: 17th of 23
Parking: P2-109, P2-110
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 27,800 /yr
Last sold: AED 2.05M · February 2021
Building: Elite Business Bay Residence

About 1716, Elite Business Bay Residence

1716 is a four-bedroom apartment of 2,168 sqft on the 17th 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 14 February 2021 for AED 2,051,000, or AED 945 per sqft, 5% above the AED 899 four-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 August 2026, is AED 160,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1716 over time

Sales

Unit 1716, each saleTypical four-bed in Elite Business Bay Residence

1716 has sold once; the dashed line is the four-bed median of each year in the building.

Rents

Unit 1716, each contractTypical four-bed in Elite Business Bay Residence

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Elite Business Bay Residence, and where 1716 sits

All 46 4-beds →

4-beds in Elite Business Bay Residence · last 12 months1,220 /sqft Elite Business Bay Residence · all types1,388 /sqft

1716 last sold in February 2021 at AED 945 per sqft, 5% above what four-beds in Elite Business Bay Residence were fetching at the time (AED 899). Over the last 12 months four-beds sold for AED 2,647,500 to 2,755,000, around AED 1,220 per sqft, and rent for AED 150,000 to 200,000 a year. 1716's AED 160,000 is in the lower half of that range.

Recent 4-bed sales	Size	Price (AED)	Per sqft
22 Sep 202622 September 2026	2,168 sqft	2,647,500	1,220
22 Sep 202622 September 2026	2,189 sqft	2,667,000	1,218
22 Sep 202622 September 2026	2,189 sqft	2,658,000	1,214
22 Sep 202622 September 2026	2,168 sqft	2,661,200	1,227

5 4-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 17th floor

All 524 units in Elite Business Bay Residence


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
1707	2-bed	1,343 sqft	AED 1.25MAED 1,250,000 · Dec 2021December 2021
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
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

1–7 of 21

1716, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 14 February 2021 for AED 2,051,000, or AED 945 per sqft.
Rented since May 2021 on 6 Ejari contracts, from AED 130,000 to AED 160,000 a year.
At AED 160,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 27,800 a year (AED 12.83 per sqft).
Four-beds in Elite Business Bay Residence sold for AED 2,647,500–2,755,000 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 1 August 2026.

Questions about 1716, Elite Business Bay Residence

What did unit 1716 last sell for?

AED 2,051,000 on 14 February 2021, sold by the developer: AED 945 per sqft for 2,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 1716?

AED 160,000 a year on the contract signed on 1 August 2026. The previous contract, from January 2026, was AED 190,000; the unit has been rented since May 2021.

How big is unit 1716?

2,168 sqft (201.4 sqm): a four-bedroom apartment on the 17th floor of a 23-storey tower completed in 2021.

What is unit 1716 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Business Bay Residence sold for AED 2,647,500 to 2,755,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 1716, Elite Business Bay Residence

Starts from the last sale price (AED 2.05M, 14 February 2021). Switch to today's estimate once you have unlocked it.

Price: AED 2,051,000
Deposit, UAE resident (20%): AED 410,200
Deposit, non-resident (40%): AED 820,400
Monthly over 25 years at 3.7%: AED 8,391

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