2-bed · 1,309 sqftElite Business Bay Residence, Business Bay · 2nd floor · completed 2021

209, Elite Business Bay Residence

Sold prices and rental history: sold 3 times, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.67M7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Elite Business Bay Residence

What is 209 worth today?

Last sold for AED 1,665,848 in 2023

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7 Dec 2023SoldReady
AED 1,665,848AED 1,272 per sqft
22 Feb 2021SoldReady
AED 811,203AED 619 per sqft
14 Feb 2021Sold by developerOff-plan
AED 811,203AED 619 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
2nd of 23
Parking
B3-84, B3-125
Developer
Range 4 Developments
Completed
2021
Service charge
AED 16,800 /yr
Last sold
AED 1.67M · December 2023

About 209, Elite Business Bay Residence

209 is a two-bedroom apartment of 1,309 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 7 December 2023 for AED 1,665,848, or AED 1,272 per sqft, in line with the AED 1,272 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical two-bed in Elite Business Bay Residence
1M1.5M202020222024Typical sale price by year: 2020 AED 1,190,000; 2021 AED 832,273; 2022 AED 1,300,000; 2023 AED 1,666,453; 2024 AED 1,787,411Sold, February 2021: AED 811,203 (AED 619 per sqft)Sold by developer, February 2021: AED 811,203 (AED 619 per sqft)Sold, December 2023: AED 1,665,848 (AED 1,272 per sqft)

209 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 209, each contractTypical two-bed in Elite Business Bay Residence
80K100K120K2021202320252027Typical rent by year: 2021 AED 81,000; 2022 AED 110,000; 2023 AED 117,500; 2024 AED 120,000; 2025 AED 122,500; 2026 AED 115,000

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

2-beds in Elite Business Bay Residence, and where 209 sits

All 46 2-beds →

209 last sold in December 2023 at AED 1,272 per sqft, in line with what two-beds in Elite Business Bay Residence were fetching at the time (AED 1,272). Over the last 12 months two-beds sold for AED 1,539,000 to 2,250,000, around AED 1,451 per sqft, and rent for AED 84,765 to 170,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20261,539,000
18 Feb 20262,250,000
14 Nov 20251,900,000
11 Sep 20251,800,000
3 2-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
201StudioAED 700K · Jul 2024
202StudioAED 780K · Oct 2025
203StudioAED 530K · Jun 2022
204StudioAED 505K · Apr 2021
205StudioAED 592K · Dec 2020
206StudioAED 650K · Oct 2022
2072-bedAED 1.25M · Mar 2021
1–7 of 22

209, Elite Business Bay Residence in numbers

  • Sold 3 times: first on 14 February 2021 for AED 811,203, last on 7 December 2023 for AED 1,665,848 (AED 1,272 per sqft).
  • Two-beds in Elite Business Bay Residence sold for AED 1,539,000–2,250,000 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 7 December 2023.

Questions about 209, Elite Business Bay Residence

What did unit 209 last sell for?

AED 1,665,848 on 7 December 2023: AED 1,272 per sqft for 1,309 sqft. The unit has 3 registered sales; the first was AED 811,203 in February 2021.

How big is unit 209?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 2nd floor of a 23-storey tower completed in 2021.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Business Bay Residence sold for AED 1,539,000 to 2,250,000 in the last 12 months, around AED 1,451 per sqft.

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Mortgage on 209, Elite Business Bay Residence

Starts from the last sale price (AED 1.67M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,665,848
Deposit, UAE resident (20%)
AED 333,170
Deposit, non-resident (40%)
AED 666,339
Monthly over 25 years at 3.7%
AED 6,815

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