1-bed · 853 sqftElite Business Bay Residence, Business Bay · 18th floor · completed 2021

1811, 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 December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1811

Unit 1811 · DLD and Ejari recordsUpdated 5 May 2026

Last soldAED 750K16 December 2020

Current rentAED 80K /yr5 May 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1811

Property timeline for 1811, Elite Business Bay Residence

Today

What is 1811 worth today?

Last sold for AED 750,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 May 2026

5 May 2026RentedRenewal

AED 80,000/yr12 months · AED 94 per sqft

5 May 2025

5 May 2025RentedRenewal

AED 80,000/yr12 months · AED 94 per sqft

5 May 2025

5 May 2025RentedRenewal

AED 80,000/yr12 months · AED 94 per sqft

5 May 2024

5 May 2024RentedNew contract

AED 80,000/yr12 months · AED 94 per sqft

20 Apr 2023

20 Apr 2023RentedNew contract

AED 64,000/yr12 months · AED 75 per sqft

20 Apr 2022

20 Apr 2022RentedNew contract

AED 60,000/yr12 months · AED 71 per sqft

6 Apr 2021

6 Apr 2021RentedNew contract

AED 60,000/yr12 months · AED 71 per sqft

16 Dec 2020

16 Dec 2020Sold by developerReady

AED 750,000AED 879 per sqft

Source: Dubai Land Department. Updated 5 May 2026.

Key facts

Type: 1-bed apartment
Size: 853 sqft
Floor: 18th of 23
Parking: P2-77
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 10,900 /yr
Last sold: AED 750K · December 2020
Building: Elite Business Bay Residence

About 1811, Elite Business Bay Residence

1811 is a one-bedroom apartment of 853 sqft on the 18th 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 16 December 2020 for AED 750,000, or AED 879 per sqft, 19% below the AED 1,080 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 80,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1811 over time

Sales

Unit 1811, each saleTypical one-bed in Elite Business Bay Residence

1811 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1811, each contractTypical one-bed in Elite Business Bay Residence

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

1-beds in Elite Business Bay Residence, and where 1811 sits

All 115 1-beds →

1-beds in Elite Business Bay Residence · last 12 months1,391 /sqft Elite Business Bay Residence · all types1,388 /sqft

1811 last sold in December 2020 at AED 879 per sqft, 19% below what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,080). Over the last 12 months one-beds sold for AED 1,062,878 to 1,850,000, around AED 1,391 per sqft, and rent for AED 41,000 to 115,000 a year. 1811's AED 80,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
15 May 202615 May 2026	907 sqft	1,260,000	1,388
7 Apr 20267 April 2026	853 sqft	1,125,000	1,318
31 Mar 202631 March 2026	853 sqft	1,200,000	1,406
3 Feb 20263 February 2026	934 sqft	1,850,000	1,980

9 1-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 18th floor

All 524 units in Elite Business Bay Residence


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
1806	Studio	498 sqft	AED 800KAED 800,000 · Aug 2026August 2026	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
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

1–7 of 20

1811, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 16 December 2020 for AED 750,000, or AED 879 per sqft.
Rented since April 2021 on 7 Ejari contracts, from AED 60,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2020 price is 10.7%, before a service charge of about AED 10,900 a year (AED 12.83 per sqft).
One-beds in Elite Business Bay Residence sold for AED 1,062,878–1,850,000 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 5 May 2026.

Questions about 1811, Elite Business Bay Residence

What did unit 1811 last sell for?

AED 750,000 on 16 December 2020, sold by the developer: AED 879 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 1811?

AED 80,000 a year on the contract renewed on 5 May 2026. The previous contract, from May 2025, was AED 80,000; the unit has been rented since April 2021.

How big is unit 1811?

853 sqft (79.2 sqm): a one-bedroom apartment on the 18th floor of a 23-storey tower completed in 2021.

What is unit 1811 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Business Bay Residence sold for AED 1,062,878 to 1,850,000 in the last 12 months, around AED 1,391 per sqft.

Selling 1811? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1811, Elite Business Bay Residence

Starts from the last sale price (AED 750K, 16 December 2020). Switch to today's estimate once you have unlocked it.

Price: AED 750,000
Deposit, UAE resident (20%): AED 150,000
Deposit, non-resident (40%): AED 300,000
Monthly over 25 years at 3.7%: AED 3,068

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