Studio · 503 sqftElite Business Bay Residence, Business Bay · 19th floor · completed 2021

1920, 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 twice, last in June 2023, 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 1920 · DLD and Ejari recordsUpdated 27 August 2026

Last soldAED 750K6 June 2023

Current rentAED 45K /yr27 August 2026

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Today's valuefree after one verification

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Property timeline for 1920, Elite Business Bay Residence

Today

What is 1920 worth today?

Last sold for AED 750,000 in 2023

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27 Aug 2026

27 Aug 2026RentedNew contract

AED 45,000/yr12 months · AED 91 per sqft

20 Sep 2025

20 Sep 2025RentedNew contract

AED 60,000/yr12 months · AED 119 per sqft

31 Oct 2024

31 Oct 2024RentedNew contract

AED 60,000/yr12 months · AED 119 per sqft

25 Sep 2023

25 Sep 2023RentedNew contract

AED 58,000/yr12 months · AED 115 per sqft

6 Jun 2023

6 Jun 2023SoldReady

AED 750,000AED 1,490 per sqft

2 May 2022

2 May 2022RentedNew contract

AED 46,000/yr12 months · AED 91 per sqft

1 May 2021

1 May 2021RentedNew contract

AED 36,000/yr12 months · AED 71 per sqft

1 Mar 2021

1 Mar 2021Sold by developerReady

AED 575,000AED 1,142 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type: Studio apartment
Size: 503 sqft
Floor: 19th of 23
Parking: P3-20
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,500 /yr
Last sold: AED 750K · June 2023
Building: Elite Business Bay Residence

About 1920, Elite Business Bay Residence

1920 is a studio of 503 sqft on the 19th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 6 June 2023 for AED 750,000, or AED 1,490 per sqft, 18% above the AED 1,264 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 27 August 2026, is AED 45,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1920 over time

Sales

Unit 1920, each saleTypical studio in Elite Business Bay Residence

1920 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1920, 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 1920 sits

All 317 studios →

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

1920 last sold in June 2023 at AED 1,490 per sqft, 18% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,264). 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. 1920's AED 45,000 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 61K /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


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
1903	Studio	467 sqft	AED 645KAED 645,000 · Jul 2018July 2018	55,148 /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
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

1–7 of 22

1920, Elite Business Bay Residence in numbers

Sold twice: first on 1 March 2021 for AED 575,000, last on 6 June 2023 for AED 750,000 (AED 1,490 per sqft).
Rented since May 2021 on 6 Ejari contracts, from AED 36,000 to AED 45,000 a year.
At AED 45,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 6,500 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 27 August 2026.

Questions about 1920, Elite Business Bay Residence

What did unit 1920 last sell for?

AED 750,000 on 6 June 2023: AED 1,490 per sqft for 503 sqft. The unit has 2 registered sales; the first was AED 575,000 in March 2021.

What is the rent for unit 1920?

AED 45,000 a year on the contract signed on 27 August 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since May 2021.

How big is unit 1920?

503 sqft (46.7 sqm): a studio on the 19th floor of a 23-storey tower completed in 2021.

What is unit 1920 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 1920, Elite Business Bay Residence

Starts from the last sale price (AED 750K, 6 June 2023). 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 →