4-bed · 2,189 sqftElite Business Bay Residence, Business Bay · 20th floor · completed 2021

2018, Elite Business Bay Residence

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2018 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 2.3M28 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2018, Elite Business Bay Residence

What is 2018 worth today?

Last sold for AED 2,300,000 in 2023

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28 Sep 2023SoldReady
AED 2,300,000AED 1,050 per sqft
11 Mar 2021Sold by developerReady
AED 2,180,000AED 995 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
4-bed apartment
Size
2,189 sqft
Floor
20th of 23
Parking
P3-76, P3-81
Developer
Range 4 Developments
Completed
2021
Service charge
AED 28,100 /yr
Last sold
AED 2.3M · September 2023

About 2018, Elite Business Bay Residence

2018 is a four-bedroom apartment of 2,189 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 28 September 2023 for AED 2,300,000, or AED 1,050 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2018 over time

Sales
Unit 2018, each saleTypical four-bed in Elite Business Bay Residence
2M2.5M2020202220242026Typical sale price by year: 2020 AED 2,000,000; 2021 AED 2,417,406; 2023 AED 2,680,230; 2024 AED 2,600,000; 2026 AED 2,661,200Sold by developer, March 2021: AED 2,180,000 (AED 995 per sqft)Sold, September 2023: AED 2,300,000 (AED 1,050 per sqft)

2018 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2018, each contractTypical four-bed in Elite Business Bay Residence
150K200K2021202320252027Typical rent by year: 2021 AED 135,000; 2022 AED 160,000; 2023 AED 172,500; 2024 AED 195,250; 2025 AED 190,000; 2026 AED 160,000

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 2018 sits

All 46 4-beds →

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.

Recent 4-bed salesUnit no.Price (AED)Summary
22 Sep 20262,647,500
22 Sep 20262,667,000
22 Sep 20262,658,000
22 Sep 20262,661,200
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 60K /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

2018, Elite Business Bay Residence in numbers

  • Sold twice: first on 11 March 2021 for AED 2,180,000, last on 28 September 2023 for AED 2,300,000 (AED 1,050 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 28 September 2023.

Questions about 2018, Elite Business Bay Residence

What did unit 2018 last sell for?

AED 2,300,000 on 28 September 2023: AED 1,050 per sqft for 2,189 sqft. The unit has 2 registered sales; the first was AED 2,180,000 in March 2021.

How big is unit 2018?

2,189 sqft (203.4 sqm): a four-bedroom apartment on the 20th floor of a 23-storey tower completed in 2021.

What is unit 2018 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 2018, Elite Business Bay Residence

Starts from the last sale price (AED 2.3M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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