1806, Elite Business Bay Residence
Sold prices and rental history: sold twice, last in August 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1806, Elite Business Bay Residence
What is 1806 worth today?
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Source: Dubai Land Department. Updated 7 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 498 sqft
- Floor
- 18th of 23
- Parking
- P3-01
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 6,400 /yr
- Last sold
- AED 800K · August 2026
- Building
- Elite Business Bay Residence
About 1806, Elite Business Bay Residence
1806 is a studio of 498 sqft on the 18th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 7 August 2026 for AED 800,000, or AED 1,605 per sqft, 11% above the AED 1,450 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 17 October 2025, is AED 60,000 a year: a gross yield of 7.5% on the 2026 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1806 over time
1806 has sold twice; the dashed line is the studio median of each year in the building.
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 1806 sits
All 317 studios →1806 last sold in August 2026 at AED 1,605 per sqft, 11% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,450). 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. 1806's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 18th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | Studio | 494 sqft | AED 500KAED 500,000 · Nov 2020November 2020 | 52,000 /yr | |
| 1802 | Studio | 480 sqft | AED 870KAED 870,000 · Sep 2024September 2024 | 79,000 /yr | |
| 1804 | Studio | 506 sqft | AED 670KAED 670,000 · Nov 2022November 2022 | 64,000 /yr | |
| 1805 | Studio | 503 sqft | AED 615KAED 615,000 · Sep 2021September 2021 | 60,000 /yr | |
| 1807 | 2-bed | 1,343 sqft | AED 1.32MAED 1,323,750 · Feb 2021February 2021 | 115,500 /yr | |
| 1808 | Studio | 401 sqft | AED 650KAED 650,000 · Jan 2023January 2023 | 45,000 /yr | |
| 1809 | 2-bed | 1,309 sqft | AED 2.25MAED 2,250,000 · Feb 2026February 2026 | 125,000 /yr | |
| 1810 | 1-bed | 812 sqft | AED 760KAED 760,000 · Dec 2020December 2020 | 80,000 /yr | |
| 1811 | 1-bed | 853 sqft | AED 750KAED 750,000 · Dec 2020December 2020 | 80,000 /yr | |
| 1812 | 1-bed | 934 sqft | AED 775KAED 775,000 · Feb 2021February 2021 | 78,000 /yr | |
| 1813 | 1-bed | 933 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 90,000 /yr | |
| 1814 | 1-bed | 907 sqft | AED 1.1MAED 1,100,000 · Feb 2023February 2023 | 85,000 /yr | |
| 1815 | Studio | 609 sqft | AED 597KAED 597,000 · Jun 2021June 2021 | 65,000 /yr | |
| 1816 | 4-bed | 2,168 sqft | AED 1.95MAED 1,950,000 · Dec 2020December 2020 | ||
| 1817 | Studio | 492 sqft | AED 580KAED 580,000 · Apr 2021April 2021 | 42,000 /yr | |
| 1818 | 4-bed | 2,189 sqft | AED 2.15MAED 2,150,000 · Jan 2021January 2021 | 185,000 /yr | |
| 1819 | Studio | 508 sqft | AED 635KAED 635,000 · Jul 2020July 2020 | 50,000 /yr | |
| 1820 | Studio | 503 sqft | AED 635KAED 635,000 · Jul 2020July 2020 | 56,763 /yr | |
| 1821 | Studio | 475 sqft | AED 830KAED 830,000 · Mar 2026March 2026 | 65,000 /yr | |
| 1823 | Studio | 495 sqft | AED 520KAED 520,000 · Nov 2020November 2020 |
1806, Elite Business Bay Residence in numbers
- Sold twice: first on 23 September 2021 for AED 615,000, last on 7 August 2026 for AED 800,000 (AED 1,605 per sqft).
- Rented since November 2021 on 5 Ejari contracts, from AED 42,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2026 price is 7.5%, before a service charge of about AED 6,400 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 7 August 2026.
Questions about 1806, Elite Business Bay Residence
What did unit 1806 last sell for?
AED 800,000 on 7 August 2026: AED 1,605 per sqft for 498 sqft. The unit has 2 registered sales; the first was AED 615,000 in September 2021.
What is the rent for unit 1806?
AED 60,000 a year on the contract renewed on 17 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since November 2021.
How big is unit 1806?
498 sqft (46.3 sqm): a studio on the 18th floor of a 23-storey tower completed in 2021.
What is unit 1806 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 1806, Elite Business Bay Residence
Starts from the last sale price (AED 800K, 7 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →