
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.
Property timeline for 2007, Elite Business Bay Residence
What is 2007 worth today?
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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
- Building
- Elite Business Bay Residence
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
2007 has sold twice; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,309 sqft | 1,539,000 | 1,175 | ||
| 18 Feb 202618 February 2026 | 1,309 sqft | 2,250,000 | 1,718 | ||
| 14 Nov 202514 November 2025 | 1,309 sqft | 1,900,000 | 1,451 | ||
| 9 Jul 20249 July 2024 | 1,343 sqft | 1,800,000 | 1,340 |
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 61K /yr
- Typical yield
- 7.5%
Other units on the 20th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | Studio | 494 sqft | AED 520KAED 520,000 · Feb 2021February 2021 | 63,000 /yr | |
| 2002 | Studio | 480 sqft | AED 575KAED 575,000 · Feb 2021February 2021 | 60,000 /yr | |
| 2003 | Studio | 480 sqft | AED 960KAED 960,000 · Mar 2024March 2024 | 60,000 /yr | |
| 2004 | Studio | 506 sqft | AED 580KAED 580,000 · Aug 2021August 2021 | 60,000 /yr | |
| 2005 | Studio | 503 sqft | AED 730KAED 730,000 · Nov 2023November 2023 | 52,500 /yr | |
| 2006 | Studio | 498 sqft | AED 760KAED 760,000 · Sep 2026September 2026 | 46,000 /yr | |
| 2008 | Studio | 401 sqft | AED 525KAED 525,000 · Feb 2021February 2021 | 50,000 /yr | |
| 2009 | 2-bed | 1,273 sqft | AED 1.8MAED 1,801,800 · Jul 2019July 2019 | 135,000 /yr | |
| 2010 | 1-bed | 812 sqft | AED 760KAED 760,000 · Dec 2020December 2020 | 80,000 /yr | |
| 2011 | 1-bed | 853 sqft | AED 750KAED 750,000 · Dec 2020December 2020 | 75,000 /yr | |
| 2012 | 1-bed | 934 sqft | AED 1.2MAED 1,200,000 · Apr 2024April 2024 | 60,000 /yr | |
| 2013 | 1-bed | 933 sqft | AED 1.2MAED 1,200,000 · Mar 2025March 2025 | 95,000 /yr | |
| 2014 | 1-bed | 907 sqft | AED 860KAED 860,000 · Oct 2022October 2022 | 72,450 /yr | |
| 2015 | Studio | 552 sqft | AED 737KAED 737,000 · Dec 2018December 2018 | 55,000 /yr | |
| 2016 | 4-bed | 2,168 sqft | AED 2.08MAED 2,080,000 · Mar 2021March 2021 | 150,000 /yr | |
| 2017 | Studio | 492 sqft | AED 600KAED 600,000 · Nov 2020November 2020 | 52,000 /yr | |
| 2018 | 4-bed | 2,189 sqft | AED 2.3MAED 2,300,000 · Sep 2023September 2023 | ||
| 2019 | Studio | 508 sqft | AED 750KAED 750,000 · Apr 2023April 2023 | ||
| 2020 | Studio | 503 sqft | AED 640KAED 640,000 · Sep 2018September 2018 | ||
| 2021 | Studio | 475 sqft | AED 660KAED 659,880 · Apr 2021April 2021 | 48,000 /yr | |
| 2022 | Studio | 478 sqft | AED 590KAED 590,000 · Jun 2021June 2021 | ||
| 2023 | Studio | 495 sqft | AED 585KAED 585,000 · Mar 2021March 2021 | 63,000 /yr |
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 →