1903, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in July 2018, 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 1903, Elite Business Bay Residence
What is 1903 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 19th of 23
- Parking
- P3-12
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 6,000 /yr
- Last sold
- AED 645K · July 2018
- Building
- Elite Business Bay Residence
About 1903, Elite Business Bay Residence
1903 is a studio of 467 sqft on the 19th 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 11 July 2018 for AED 645,000, or AED 1,380 per sqft, 6% above the AED 1,300 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 August 2026, is AED 55,148 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 6,000 a year.
Sales and rents for 1903 over time
1903 has sold once; 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 1903 sits
All 317 studios →1903 last sold in July 2018 at AED 1,380 per sqft, 6% 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. 1903's AED 55,148 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 19th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | Studio | 482 sqft | AED 845KAED 845,132 · Jun 2019June 2019 | 65,000 /yr | |
| 1902 | Studio | 480 sqft | AED 750KAED 750,000 · Nov 2024November 2024 | 54,000 /yr | |
| 1904 | Studio | 506 sqft | AED 750KAED 750,000 · Sep 2026September 2026 | 57,000 /yr | |
| 1905 | Studio | 491 sqft | AED 858KAED 858,341 · Jun 2019June 2019 | 67,000 /yr | |
| 1906 | Studio | 483 sqft | AED 845KAED 845,132 · Jun 2019June 2019 | 52,000 /yr | |
| 1907 | 2-bed | 1,299 sqft | AED 1.5MAED 1,500,000 · Oct 2017October 2017 | 120,000 /yr | |
| 1908 | Studio | 401 sqft | AED 525KAED 525,000 · Feb 2021February 2021 | 58,000 /yr | |
| 1909 | 2-bed | 1,309 sqft | AED 1.15MAED 1,150,000 · Feb 2021February 2021 | 130,000 /yr | |
| 1910 | 1-bed | 796 sqft | AED 1MAED 1,000,000 · Jan 2018January 2018 | 70,000 /yr | |
| 1911 | 1-bed | 853 sqft | AED 750KAED 750,000 · Dec 2020December 2020 | 80,000 /yr | |
| 1912 | 1-bed | 934 sqft | AED 830KAED 830,000 · Jan 2021January 2021 | 65,000 /yr | |
| 1913 | 1-bed | 933 sqft | AED 1.17MAED 1,170,000 · Nov 2024November 2024 | 80,000 /yr | |
| 1914 | 1-bed | 907 sqft | AED 1.15MAED 1,150,000 · Jul 2025July 2025 | 90,000 /yr | |
| 1915 | Studio | 552 sqft | AED 537KAED 537,000 · Nov 2020November 2020 | 62,000 /yr | |
| 1916 | 4-bed | 2,168 sqft | AED 2.66MAED 2,661,200 · Sep 2026September 2026 | 185,000 /yr | |
| 1917 | Studio | 492 sqft | AED 810KAED 810,000 · Dec 2025December 2025 | 40,000 /yr | |
| 1918 | 4-bed | 2,189 sqft | AED 2.4MAED 2,400,000 · Jan 2024January 2024 | ||
| 1919 | Studio | 508 sqft | AED 610KAED 610,000 · Aug 2020August 2020 | 56,100 /yr | |
| 1920 | Studio | 503 sqft | AED 750KAED 750,000 · Jun 2023June 2023 | 45,000 /yr | |
| 1921 | Studio | 475 sqft | AED 535KAED 535,000 · Feb 2021February 2021 | 44,000 /yr | |
| 1922 | Studio | 478 sqft | AED 900KAED 900,000 · Feb 2025February 2025 | 70,000 /yr | |
| 1923 | Studio | 495 sqft | AED 535KAED 535,000 · Feb 2021February 2021 | 60,000 /yr |
1903, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 11 July 2018 for AED 645,000, or AED 1,380 per sqft.
- Rented since February 2021 on 4 Ejari contracts, from AED 39,000 to AED 55,148 a year.
- At AED 55,148 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 6,000 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 August 2026.
Questions about 1903, Elite Business Bay Residence
What did unit 1903 last sell for?
AED 645,000 on 11 July 2018, sold by the developer: AED 1,380 per sqft for 467 sqft. It is the only registered sale of the unit.
What is the rent for unit 1903?
AED 55,148 a year on the contract signed on 1 August 2026. The previous contract, from June 2025, was AED 60,000; the unit has been rented since February 2021.
How big is unit 1903?
467 sqft (43.4 sqm): a studio on the 19th floor of a 23-storey tower completed in 2021.
What is unit 1903 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 1903, Elite Business Bay Residence
Starts from the last sale price (AED 645K, 11 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 645,000
- Deposit, UAE resident (20%)
- AED 129,000
- Deposit, non-resident (40%)
- AED 258,000
- Monthly over 25 years at 3.7%
- AED 2,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →