
2011, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in December 2020, 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 2011, Elite Business Bay Residence
What is 2011 worth today?
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Source: Dubai Land Department. Updated 17 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 853 sqft
- Floor
- 20th of 23
- Parking
- P2-116
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 10,900 /yr
- Last sold
- AED 750K · December 2020
- Building
- Elite Business Bay Residence
About 2011, Elite Business Bay Residence
2011 is a one-bedroom apartment of 853 sqft on the 20th 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 17 December 2020 for AED 750,000, or AED 879 per sqft, 18% below the AED 1,076 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 17 September 2026, is AED 75,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 10,900 a year.
Sales and rents for 2011 over time
2011 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Elite Business Bay Residence, and where 2011 sits
All 115 1-beds →2011 last sold in December 2020 at AED 879 per sqft, 18% below what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,076). Over the last 12 months one-beds sold for AED 1,062,878 to 1,850,000, around AED 1,391 per sqft, and rent for AED 41,000 to 115,000 a year. 2011's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 907 sqft | 1,260,000 | 1,388 | ||
| 7 Apr 20267 April 2026 | 853 sqft | 1,125,000 | 1,318 | ||
| 31 Mar 202631 March 2026 | 853 sqft | 1,200,000 | 1,406 | ||
| 3 Feb 20263 February 2026 | 934 sqft | 1,850,000 | 1,980 |
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 | |
| 2007 | 2-bed | 1,343 sqft | AED 1.8MAED 1,800,000 · Sep 2025September 2025 | 123,000 /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 | |
| 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 |
2011, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 17 December 2020 for AED 750,000, or AED 879 per sqft.
- Rented since March 2021 on 8 Ejari contracts, from AED 57,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 10,900 a year (AED 12.83 per sqft).
- One-beds in Elite Business Bay Residence sold for AED 1,062,878–1,850,000 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 17 September 2026.
Questions about 2011, Elite Business Bay Residence
What did unit 2011 last sell for?
AED 750,000 on 17 December 2020, sold by the developer: AED 879 per sqft for 853 sqft. It is the only registered sale of the unit.
What is the rent for unit 2011?
AED 75,000 a year on the contract signed on 17 September 2026. The previous contract, from November 2025, was AED 85,000; the unit has been rented since March 2021.
How big is unit 2011?
853 sqft (79.2 sqm): a one-bedroom apartment on the 20th floor of a 23-storey tower completed in 2021.
What is unit 2011 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Business Bay Residence sold for AED 1,062,878 to 1,850,000 in the last 12 months, around AED 1,391 per sqft.
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Mortgage on 2011, Elite Business Bay Residence
Starts from the last sale price (AED 750K, 17 December 2020). 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 →