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2-bed · 1,309 sqftElite Business Bay Residence, Business Bay · 19th floor · completed 2021

1909, Elite Business Bay Residence

Sold prices and rental history: sold once, by the developer in February 2021, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1909 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 1.15M2 February 2021
Current rentAED 130K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1909, Elite Business Bay Residence

What is 1909 worth today?

Last sold for AED 1,150,000 in 2021

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12 Oct 2026RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
2 Feb 2021Sold by developerReady
AED 1,150,000AED 878 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
19th of 23
Parking
P2-69, P2-70
Developer
Range 4 Developments
Completed
2021
Service charge
AED 16,800 /yr
Last sold
AED 1.15M · February 2021
Building
Elite Business Bay Residence

About 1909, Elite Business Bay Residence

1909 is a two-bedroom apartment of 1,309 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 2 February 2021 for AED 1,150,000, or AED 878 per sqft, 6% below the AED 934 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2026. The current contract, signed on 12 October 2026, is AED 130,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1909 over time

Sales
Unit 1909, each saleTypical two-bed in Elite Business Bay Residence
1M1.5M202020222024Typical sale price by year: 2020 AED 1,190,000; 2021 AED 832,273; 2022 AED 1,300,000; 2023 AED 1,666,453; 2024 AED 1,787,411Sold by developer, February 2021: AED 1,150,000 (AED 878 per sqft)

1909 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1909, each contractTypical two-bed in Elite Business Bay Residence
75K100K125K2021202320252027Typical rent by year: 2021 AED 81,000; 2022 AED 110,000; 2023 AED 117,500; 2024 AED 120,000; 2025 AED 122,500; 2026 AED 115,000New contract, October 2026: AED 130,000 a year

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

2-beds in Elite Business Bay Residence, and where 1909 sits

All 46 2-beds →

1909 last sold in February 2021 at AED 878 per sqft, 6% below what two-beds in Elite Business Bay Residence were fetching at the time (AED 934). Over the last 12 months two-beds sold for AED 1,539,000 to 2,250,000, around AED 1,451 per sqft, and rent for AED 84,765 to 170,000 a year. 1909's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20261,539,000
18 Feb 20262,250,000
14 Nov 20251,900,000
11 Sep 20251,800,000
3 2-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 19th floor

All 524 units in Elite Business Bay Residence
Value
1901StudioAED 845K · Jun 2019
1902StudioAED 750K · Nov 2024
1903StudioAED 645K · Jul 2018
1904StudioAED 750K · Sep 2026
1905StudioAED 858K · Jun 2019
1906StudioAED 845K · Jun 2019
19072-bedAED 1.5M · Oct 2017
1–7 of 22

1909, Elite Business Bay Residence in numbers

  • Sold once: by Range 4 Developments on 2 February 2021 for AED 1,150,000, or AED 878 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 11.3%, before a service charge of about AED 16,800 a year (AED 12.83 per sqft).
  • Two-beds in Elite Business Bay Residence sold for AED 1,539,000–2,250,000 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 12 October 2026.

Questions about 1909, Elite Business Bay Residence

What did unit 1909 last sell for?

AED 1,150,000 on 2 February 2021, sold by the developer: AED 878 per sqft for 1,309 sqft. It is the only registered sale of the unit.

What is the rent for unit 1909?

AED 130,000 a year on the contract signed on 12 October 2026.

How big is unit 1909?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 19th floor of a 23-storey tower completed in 2021.

What is unit 1909 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Business Bay Residence sold for AED 1,539,000 to 2,250,000 in the last 12 months, around AED 1,451 per sqft.

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Mortgage on 1909, Elite Business Bay Residence

Starts from the last sale price (AED 1.15M, 2 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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