Studio · 480 sqftElite Business Bay Residence, Business Bay · 21st floor · completed 2021

2103, Elite Business Bay Residence

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 785K11 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, Elite Business Bay Residence

What is 2103 worth today?

Last sold for AED 785,000 in 2024

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11 Jan 2024SoldReady
AED 785,000AED 1,636 per sqft
27 Jun 2021Sold by developerReady
AED 580,000AED 1,208 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
21st of 23
Parking
P3-43
Developer
Range 4 Developments
Completed
2021
Service charge
AED 6,200 /yr
Last sold
AED 785K · January 2024

About 2103, Elite Business Bay Residence

2103 is a studio of 480 sqft on the 21st floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 11 January 2024 for AED 785,000, or AED 1,636 per sqft, 16% above the AED 1,413 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2103 over time

Sales
Unit 2103, each saleTypical studio in Elite Business Bay Residence
600K800K2017202020232026Typical sale price by year: 2017 AED 618,000; 2018 AED 645,000; 2019 AED 845,132; 2020 AED 605,000; 2021 AED 560,000; 2022 AED 605,000; 2023 AED 660,000; 2024 AED 790,000; 2025 AED 600,630; 2026 AED 783,750Sold by developer, June 2021: AED 580,000 (AED 1,208 per sqft)Sold, January 2024: AED 785,000 (AED 1,636 per sqft)

2103 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2103, each contractTypical studio in Elite Business Bay Residence
40K50K60K2021202320252027Typical rent by year: 2021 AED 38,000; 2022 AED 43,900; 2023 AED 52,000; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 54,000

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 2103 sits

All 317 studios →

2103 last sold in January 2024 at AED 1,636 per sqft, 16% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,413). 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.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026700,000
3 Nov 2026700,000
22 Sep 2026760,000
2 Sep 2026750,000
30 studio 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
2101StudioAED 550K · Jun 2021
2102StudioAED 570K · Jun 2021
2104StudioAED 600K · May 2021
2105StudioAED 590K · May 2021
2106StudioAED 830K · Jan 2025
21072-bedAED 1.7M · May 2023
2108StudioAED 800K · Mar 2026
1–7 of 22

2103, Elite Business Bay Residence in numbers

  • Sold twice: first on 27 June 2021 for AED 580,000, last on 11 January 2024 for AED 785,000 (AED 1,636 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 11 January 2024.

Questions about 2103, Elite Business Bay Residence

What did unit 2103 last sell for?

AED 785,000 on 11 January 2024: AED 1,636 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 580,000 in June 2021.

How big is unit 2103?

480 sqft (44.6 sqm): a studio on the 21st floor of a 23-storey tower completed in 2021.

What is unit 2103 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 2103, Elite Business Bay Residence

Starts from the last sale price (AED 785K, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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