1-bed · 907 sqftElite Business Bay Residence, Business Bay · 20th floor · completed 2021

2014, Elite Business Bay Residence

Sold prices and rental history: sold twice, last in October 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2014 · DLD and Ejari recordsUpdated 6 March 2026
Last soldAED 860K4 October 2022
Current rentAED 72K /yr6 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2014, Elite Business Bay Residence

What is 2014 worth today?

Last sold for AED 860,000 in 2022

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6 Mar 2026RentedRenewal
AED 72,450/yr12 months · AED 80 per sqft
6 Mar 2023RentedRenewal
AED 23,000/yr36 months · AED 25 per sqft
4 Oct 2022SoldReady
AED 860,000AED 948 per sqft
1 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
22 Oct 2020Sold by developerOff-plan
AED 1,000,000AED 1,142 per sqft

Source: Dubai Land Department. Updated 6 March 2026.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
20th of 23
Parking
P3-80
Developer
Range 4 Developments
Completed
2021
Service charge
AED 11,600 /yr
Last sold
AED 860K · October 2022

About 2014, Elite Business Bay Residence

2014 is a one-bedroom apartment of 907 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 4 October 2022 for AED 860,000, or AED 948 per sqft, 4% below the AED 991 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 6 March 2026, is AED 72,450 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2014 over time

Sales
Unit 2014, 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, October 2020: AED 1,000,000 (AED 1,142 per sqft)Sold, October 2022: AED 860,000 (AED 948 per sqft)

2014 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2014, each contractTypical one-bed in Elite Business Bay Residence
50K2021202320252027Typical 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 60,000 a yearRenewal, March 2023: AED 23,000 a yearRenewal, March 2026: AED 72,450 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 2014 sits

All 115 1-beds →

2014 last sold in October 2022 at AED 948 per sqft, 4% below what one-beds in Elite Business Bay Residence were fetching at the time (AED 991). 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. 2014's AED 72,450 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

2014, Elite Business Bay Residence in numbers

  • Sold twice: first on 22 October 2020 for AED 1,000,000, last on 4 October 2022 for AED 860,000 (AED 948 per sqft).
  • Rented since March 2021 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 23,000 in 2023 and recovered to AED 72,450 by March 2026.
  • At AED 72,450 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 11,600 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 6 March 2026.

Questions about 2014, Elite Business Bay Residence

What did unit 2014 last sell for?

AED 860,000 on 4 October 2022: AED 948 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in October 2020.

What is the rent for unit 2014?

AED 72,450 a year on the contract renewed on 6 March 2026. The previous contract, from March 2023, was AED 23,000; the unit has been rented since March 2021.

How big is unit 2014?

907 sqft (84.3 sqm): a one-bedroom apartment on the 20th floor of a 23-storey tower completed in 2021.

What is unit 2014 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 2014, Elite Business Bay Residence

Starts from the last sale price (AED 860K, 4 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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