202, Elite Business Bay Residence
Sold prices and rental history: sold twice, last in October 2025, 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 202, Elite Business Bay Residence
What is 202 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 2nd of 23
- Parking
- B3-34
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 780K · October 2025
- Building
- Elite Business Bay Residence
About 202, Elite Business Bay Residence
202 is a studio of 480 sqft on the 2nd floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 17 October 2025 for AED 780,000, or AED 1,625 per sqft, in line with the AED 1,661 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 50,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 6,200 a year.
Sales and rents for 202 over time
202 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Elite Business Bay Residence, and where 202 sits
All 317 studios →202 last sold in October 2025 at AED 1,625 per sqft, in line with what studios in Elite Business Bay Residence were fetching at the time (AED 1,661). Over the last 12 months studios sold for AED 551,260 to 830,000, around AED 1,411 per sqft, and rent for AED 44,000 to 97,000 a year. 202's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 498 sqft | 700,000 | 1,404 | ||
| 3 Nov 20263 November 2026 | 494 sqft | 700,000 | 1,418 | ||
| 22 Sep 202622 September 2026 | 498 sqft | 760,000 | 1,524 | ||
| 2 Sep 20262 September 2026 | 506 sqft | 750,000 | 1,482 |
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 2nd floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 494 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 50,000 /yr | |
| 203 | Studio | 480 sqft | AED 530KAED 530,000 · Jun 2022June 2022 | 46,000 /yr | |
| 204 | Studio | 506 sqft | AED 505KAED 505,000 · Apr 2021April 2021 | 48,000 /yr | |
| 205 | Studio | 501 sqft | AED 592KAED 592,200 · Dec 2020December 2020 | 56,000 /yr | |
| 206 | Studio | 501 sqft | AED 650KAED 650,000 · Oct 2022October 2022 | 60,000 /yr | |
| 207 | 2-bed | 1,343 sqft | AED 1.25MAED 1,247,500 · Mar 2021March 2021 | 120,000 /yr | |
| 208 | Studio | 401 sqft | AED 510KAED 510,000 · May 2021May 2021 | 73,200 /yr | |
| 209 | 2-bed | 1,309 sqft | AED 1.67MAED 1,665,848 · Dec 2023December 2023 | ||
| 210 | 1-bed | 815 sqft | AED 1.16MAED 1,156,000 · Oct 2025October 2025 | ||
| 211 | 1-bed | 853 sqft | AED 1.13MAED 1,125,000 · Apr 2026April 2026 | ||
| 212 | 1-bed | 934 sqft | AED 820KAED 820,000 · Jul 2021July 2021 | 85,000 /yr | |
| 213 | 1-bed | 933 sqft | AED 1.06MAED 1,062,878 · Dec 2025December 2025 | 75,000 /yr | |
| 214 | 1-bed | 907 sqft | AED 1.15MAED 1,150,000 · Sep 2025September 2025 | 75,000 /yr | |
| 215 | Studio | 605 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 97,000 /yr | |
| 216 | 4-bed | 2,172 sqft | AED 2.46MAED 2,461,540 · Jun 2021June 2021 | 185,000 /yr | |
| 217 | Studio | 492 sqft | AED 780KAED 780,000 · Dec 2024December 2024 | 65,000 /yr | |
| 218 | 4-bed | 2,191 sqft | AED 2.79MAED 2,785,141 · Dec 2023December 2023 | ||
| 219 | Studio | 506 sqft | AED 592KAED 592,200 · Dec 2020December 2020 | 50,000 /yr | |
| 220 | Studio | 503 sqft | AED 540KAED 540,000 · Mar 2021March 2021 | 65,000 /yr | |
| 221 | Studio | 475 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | 50,000 /yr | |
| 222 | Studio | 478 sqft | AED 650KAED 650,000 · Mar 2023March 2023 | 62,000 /yr | |
| 223 | Studio | 495 sqft | AED 645KAED 645,000 · Apr 2023April 2023 | 66,000 /yr |
202, Elite Business Bay Residence in numbers
- Sold twice: first on 7 March 2021 for AED 525,000, last on 17 October 2025 for AED 780,000 (AED 1,625 per sqft).
- Rented since January 2021 on 8 Ejari contracts, from AED 37,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 6,200 a year (AED 12.83 per sqft).
- Studios in Elite Business Bay Residence sold for AED 551,260–830,000 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 1 October 2026.
Questions about 202, Elite Business Bay Residence
What did unit 202 last sell for?
AED 780,000 on 17 October 2025: AED 1,625 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 525,000 in March 2021.
What is the rent for unit 202?
AED 50,000 a year on the contract renewed on 1 October 2026. The previous contract, from May 2026, was AED 56,400; the unit has been rented since January 2021.
How big is unit 202?
480 sqft (44.6 sqm): a studio on the 2nd floor of a 23-storey tower completed in 2021.
What is unit 202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elite Business Bay Residence sold for AED 551,260 to 830,000 in the last 12 months, around AED 1,411 per sqft.
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Mortgage on 202, Elite Business Bay Residence
Starts from the last sale price (AED 780K, 17 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →