Studio · 478 sqftElite Business Bay Residence, Business Bay · 17th floor · completed 2021

1722, 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 October 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 1722 · DLD and Ejari recordsUpdated 1 October 2026

Last soldAED 665K8 October 2018

Current rentAED 52K /yr1 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1722, Elite Business Bay Residence

Today

What is 1722 worth today?

Last sold for AED 665,280 in 2018

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1 Oct 2026

1 Oct 2026RentedNew contract

AED 52,000/yr12 months · AED 110 per sqft

1 Oct 2025

1 Oct 2025RentedNew contract

AED 52,000/yr12 months · AED 109 per sqft

1 Oct 2024

1 Oct 2024RentedRenewal

AED 49,500/yr12 months · AED 105 per sqft

1 Oct 2023

1 Oct 2023RentedRenewal

AED 45,000/yr12 months · AED 95 per sqft

1 Oct 2022

1 Oct 2022RentedRenewal

AED 45,000/yr12 months · AED 95 per sqft

1 Oct 2021

1 Oct 2021RentedNew contract

AED 41,000/yr12 months · AED 87 per sqft

8 Oct 2018

8 Oct 2018Sold by developerOff-plan

AED 665,280AED 1,390 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type: Studio apartment
Size: 478 sqft
Floor: 17th of 23
Parking: P2-93
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,100 /yr
Last sold: AED 665K · October 2018
Building: Elite Business Bay Residence

About 1722, Elite Business Bay Residence

1722 is a studio of 478 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 8 October 2018 for AED 665,280, or AED 1,390 per sqft, 7% above the AED 1,300 studios 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 October 2026, is AED 52,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 6,100 a year.

Sales and rents for 1722 over time

Sales

Unit 1722, each saleTypical studio in Elite Business Bay Residence

1722 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1722, 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 1722 sits

All 317 studios →

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

1722 last sold in October 2018 at AED 1,390 per sqft, 7% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,300). 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. 1722's AED 52,000 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 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
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
1723	Studio	482 sqft	AED 635KAED 635,000 · Sep 2018September 2018	53,000 /yr

1–7 of 21

1722, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 8 October 2018 for AED 665,280, or AED 1,390 per sqft.
Rented since October 2021 on 6 Ejari contracts, from AED 41,000 to AED 52,000 a year.
At AED 52,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 6,100 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 1 October 2026.

Questions about 1722, Elite Business Bay Residence

What did unit 1722 last sell for?

AED 665,280 on 8 October 2018, sold by the developer: AED 1,390 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 1722?

AED 52,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 52,000; the unit has been rented since October 2021.

How big is unit 1722?

478 sqft (44.4 sqm): a studio on the 17th floor of a 23-storey tower completed in 2021.

What is unit 1722 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 1722, Elite Business Bay Residence

Starts from the last sale price (AED 665K, 8 October 2018). Switch to today's estimate once you have unlocked it.

Price: AED 665,280
Deposit, UAE resident (20%): AED 133,056
Deposit, non-resident (40%): AED 266,112
Monthly over 25 years at 3.7%: AED 2,722

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