4-bed · 2,168 sqftElite Business Bay Residence, Business Bay · 20th floor · completed 2021

2016, Elite Business Bay Residence

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2016 · DLD and Ejari recordsUpdated 13 April 2026

Last soldAED 2.08M11 March 2021

Current rentAED 150K /yr13 April 2026

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Today's valuefree after one verification

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Property timeline for 2016, Elite Business Bay Residence

Today

What is 2016 worth today?

Last sold for AED 2,080,000 in 2021

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13 Apr 2026

13 Apr 2026RentedNew contract

AED 150,000/yr12 months · AED 69 per sqft

26 Feb 2026

26 Feb 2026RentedNew contract

AED 200,000/yr12 months · AED 92 per sqft

25 Feb 2025

25 Feb 2025RentedRenewal

AED 200,000/yr12 months · AED 92 per sqft

25 Feb 2025

25 Feb 2025RentedRenewal

AED 200,000/yr12 months · AED 92 per sqft

25 Feb 2024

25 Feb 2024RentedNew contract

AED 200,000/yr12 months · AED 92 per sqft

11 Mar 2021

11 Mar 2021Sold by developerReady

AED 2,080,000AED 959 per sqft

Source: Dubai Land Department. Updated 13 April 2026.

Key facts

Type: 4-bed apartment
Size: 2,168 sqft
Floor: 20th of 23
Parking: P2-79, P2-81
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 27,800 /yr
Last sold: AED 2.08M · March 2021
Building: Elite Business Bay Residence

About 2016, Elite Business Bay Residence

2016 is a four-bedroom apartment of 2,168 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 11 March 2021 for AED 2,080,000, or AED 959 per sqft, 15% above the AED 833 four-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, signed on 13 April 2026, is AED 150,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 27,800 a year.

Sales and rents for 2016 over time

Sales

Unit 2016, each saleTypical four-bed in Elite Business Bay Residence

2016 has sold once; the dashed line is the four-bed median of each year in the building.

Rents

Unit 2016, each contractTypical four-bed in Elite Business Bay Residence

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Elite Business Bay Residence, and where 2016 sits

All 46 4-beds →

4-beds in Elite Business Bay Residence · last 12 months1,220 /sqft Elite Business Bay Residence · all types1,388 /sqft

2016 last sold in March 2021 at AED 959 per sqft, 15% above what four-beds in Elite Business Bay Residence were fetching at the time (AED 833). Over the last 12 months four-beds sold for AED 2,647,500 to 2,755,000, around AED 1,220 per sqft, and rent for AED 150,000 to 200,000 a year. 2016's AED 150,000 is at the bottom of that range.

Recent 4-bed sales	Size	Price (AED)	Per sqft
22 Sep 202622 September 2026	2,168 sqft	2,647,500	1,220
22 Sep 202622 September 2026	2,189 sqft	2,667,000	1,218
22 Sep 202622 September 2026	2,189 sqft	2,658,000	1,214
22 Sep 202622 September 2026	2,168 sqft	2,661,200	1,227

5 4-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 →

Other units on the 20th floor

All 524 units in Elite Business Bay Residence


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
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
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

1–7 of 22

2016, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 11 March 2021 for AED 2,080,000, or AED 959 per sqft.
Rented since February 2024 on 5 Ejari contracts, from AED 200,000 to AED 150,000 a year.
At AED 150,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 27,800 a year (AED 12.83 per sqft).
Four-beds in Elite Business Bay Residence sold for AED 2,647,500–2,755,000 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 13 April 2026.

Questions about 2016, Elite Business Bay Residence

What did unit 2016 last sell for?

AED 2,080,000 on 11 March 2021, sold by the developer: AED 959 per sqft for 2,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 2016?

AED 150,000 a year on the contract signed on 13 April 2026. The previous contract, from February 2026, was AED 200,000; the unit has been rented since February 2024.

How big is unit 2016?

2,168 sqft (201.4 sqm): a four-bedroom apartment on the 20th floor of a 23-storey tower completed in 2021.

What is unit 2016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Business Bay Residence sold for AED 2,647,500 to 2,755,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 2016, Elite Business Bay Residence

Starts from the last sale price (AED 2.08M, 11 March 2021). Switch to today's estimate once you have unlocked it.

Price: AED 2,080,000
Deposit, UAE resident (20%): AED 416,000
Deposit, non-resident (40%): AED 832,000
Monthly over 25 years at 3.7%: AED 8,510

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