2-bed · 1,343 sqftElite Business Bay Residence, Business Bay · 20th floor · completed 2021

2007, Elite Business Bay Residence

Sold prices and rental history: sold twice, last in September 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 11 September 2025
Last soldAED 1.8M11 September 2025
Current rentAED 123K /yr7 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Elite Business Bay Residence

What is 2007 worth today?

Last sold for AED 1,800,000 in 2025

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11 Sep 2025SoldReady
AED 1,800,000AED 1,340 per sqft
7 Nov 2023RentedRenewal
AED 123,000/yr12 months · AED 91 per sqft
7 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
6 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
12 Nov 2020Sold by developerOff-plan
AED 1,300,000AED 1,000 per sqft

Source: Dubai Land Department. Updated 11 September 2025.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
20th of 23
Parking
P2-71, P2-72
Developer
Range 4 Developments
Completed
2021
Service charge
AED 17,200 /yr
Last sold
AED 1.8M · September 2025

About 2007, Elite Business Bay Residence

2007 is a two-bedroom apartment of 1,343 sqft on the 20th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 11 September 2025 for AED 1,800,000, or AED 1,340 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 7 November 2023, is AED 123,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 17,200 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, each saleTypical two-bed in Elite Business Bay Residence
1M1.5M2020202220242026Typical 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, November 2020: AED 1,300,000 (AED 1,000 per sqft)Sold, September 2025: AED 1,800,000 (AED 1,340 per sqft)

2007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2007, each contractTypical two-bed in Elite Business Bay Residence
80K100K120K2021202320252027Typical 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, February 2021: AED 80,000 a yearNew contract, November 2022: AED 110,000 a yearRenewal, November 2023: AED 123,000 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 2007 sits

All 46 2-beds →

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. 2007's AED 123,000 is in the lower 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
9 Jul 20241,800,000
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 61K /yr
Typical yield
7.5%
Elite Business Bay Residence, Business Bay: prices, sales and rents →
Value
2001StudioAED 520K · Feb 2021
2002StudioAED 575K · Feb 2021
2003StudioAED 960K · Mar 2024
2004StudioAED 580K · Aug 2021
2005StudioAED 730K · Nov 2023
2006StudioAED 760K · Sep 2026
2008StudioAED 525K · Feb 2021
1–7 of 22

2007, Elite Business Bay Residence in numbers

  • Sold twice: first on 12 November 2020 for AED 1,300,000, last on 11 September 2025 for AED 1,800,000 (AED 1,340 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 80,000 to AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 17,200 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 11 September 2025.

Questions about 2007, Elite Business Bay Residence

What did unit 2007 last sell for?

AED 1,800,000 on 11 September 2025: AED 1,340 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in November 2020.

What is the rent for unit 2007?

AED 123,000 a year on the contract renewed on 7 November 2023. The previous contract, from November 2022, was AED 110,000; the unit has been rented since February 2021.

How big is unit 2007?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 20th floor of a 23-storey tower completed in 2021.

What is unit 2007 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 2007, Elite Business Bay Residence

Starts from the last sale price (AED 1.8M, 11 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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