1-bed · 853 sqftElite Business Bay Residence, Business Bay · 20th floor · completed 2021

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.

Unit 2011 · DLD and Ejari recordsUpdated 17 September 2026
Last soldAED 750K17 December 2020
Current rentAED 75K /yr17 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, Elite Business Bay Residence

What is 2011 worth today?

Last sold for AED 750,000 in 2020

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17 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
29 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 100 per sqft
30 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 100 per sqft
7 Mar 2025RentedRenewal
AED 72,765/yr3 months · AED 86 per sqft
7 Mar 2025RentedRenewal
AED 72,765/yr3 months · AED 86 per sqft
7 Mar 2023RentedRenewal
AED 66,150/yr24 months · AED 78 per sqft
5 Mar 2022RentedRenewal
AED 65,796/yr12 months · AED 77 per sqft
5 Mar 2021RentedNew contract
AED 57,000/yr12 months · AED 67 per sqft

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

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

Sales
Unit 2011, each saleTypical one-bed in Elite Business Bay Residence
750K1M1.25M2017202020232026Typical sale price by year: 2017 AED 937,615; 2019 AED 1,152,574; 2020 AED 882,000; 2021 AED 787,500; 2022 AED 890,000; 2023 AED 1,150,000; 2024 AED 1,160,000; 2025 AED 1,156,000; 2026 AED 1,230,000Sold by developer, December 2020: AED 750,000 (AED 879 per sqft)

2011 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2011, each contractTypical one-bed in Elite Business Bay Residence
60K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 67,000; 2023 AED 75,000; 2024 AED 82,000; 2025 AED 82,000; 2026 AED 78,000New contract, March 2021: AED 57,000 a yearRenewal, March 2022: AED 65,796 a yearRenewal, March 2023: AED 66,150 a yearRenewal, March 2025: AED 72,765 a yearRenewal, March 2025: AED 72,765 a yearNew contract, September 2025: AED 85,000 a yearNew contract, November 2025: AED 85,000 a yearNew contract, September 2026: AED 75,000 a year

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 salesUnit no.Price (AED)Summary
15 May 20261,260,000
7 Apr 20261,125,000
31 Mar 20261,200,000
3 Feb 20261,850,000
9 1-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
20072-bedAED 1.8M · Sep 2025
1–7 of 22

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 →