4-bed · 1,084 sqftElite Business Bay Residence, Business Bay · 21st floor · completed 2021

2116, 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 twice, last in November 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2116 · DLD and Ejari recordsUpdated 25 September 2026

Last soldAED 1.4M1 November 2023

Current rentAED 180K /yr25 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2116, Elite Business Bay Residence

Today

What is 2116 worth today?

Last sold for AED 1,400,000 in 2023

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25 Sep 2026

25 Sep 2026RentedRenewal

AED 180,000/yr12 months · AED 83 per sqft

25 Sep 2025

25 Sep 2025RentedRenewal

AED 300,000/yr12 months · AED 138 per sqft

25 Sep 2024

25 Sep 2024RentedRenewal

AED 285,000/yr12 months · AED 131 per sqft

1 Nov 2023

1 Nov 2023SoldReady

AED 1,400,000AED 1,291 per sqft

25 Sep 2023

25 Sep 2023RentedNew contract

AED 250,000/yr12 months · AED 115 per sqft

27 Oct 2021

27 Oct 2021Sold by developerReady

AED 2,434,812AED 1,122 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type: 4-bed apartment
Size: 1,084 sqft
Floor: 21st of 23
Parking: P3-87, P3-88
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 13,900 /yr
Last sold: AED 1.4M · November 2023
Building: Elite Business Bay Residence

About 2116, Elite Business Bay Residence

2116 is a four-bedroom apartment of 1,084 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 1 November 2023 for AED 1,400,000, or AED 1,291 per sqft, 8% above the AED 1,191 four-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 180,000 a year: a gross yield of 12.9% on the 2023 price, before the service charge of about AED 13,900 a year.

Sales and rents for 2116 over time

Sales

Unit 2116, each saleTypical four-bed in Elite Business Bay Residence

2116 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents

Unit 2116, 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 2116 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

2116 last sold in November 2023 at AED 1,291 per sqft, 8% above what four-beds in Elite Business Bay Residence were fetching at the time (AED 1,191). 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. 2116's AED 180,000 is in the upper half 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 60K /yr
Typical yield: 7.5%

Elite Business Bay Residence, Business Bay: prices, sales and rents →

Other units on the 21st floor

All 524 units in Elite Business Bay Residence


2101	Studio	494 sqft	AED 550KAED 550,000 · Jun 2021June 2021	50,000 /yr
2102	Studio	480 sqft	AED 570KAED 570,000 · Jun 2021June 2021	48,000 /yr
2103	Studio	480 sqft	AED 785KAED 785,000 · Jan 2024January 2024
2104	Studio	506 sqft	AED 600KAED 600,000 · May 2021May 2021	60,000 /yr
2105	Studio	503 sqft	AED 590KAED 590,000 · May 2021May 2021	60,000 /yr
2106	Studio	498 sqft	AED 830KAED 830,000 · Jan 2025January 2025	50,000 /yr
2107	2-bed	1,343 sqft	AED 1.7MAED 1,700,000 · May 2023May 2023	110,000 /yr
2108	Studio	401 sqft	AED 800KAED 800,000 · Mar 2026March 2026	40,000 /yr
2109	2-bed	1,309 sqft	AED 1.2MAED 1,200,000 · Feb 2021February 2021	95,000 /yr
2110	1-bed	812 sqft	AED 900KAED 900,000 · Mar 2021March 2021	86,000 /yr
2111	1-bed	853 sqft	AED 1.08MAED 1,080,000 · Oct 2024October 2024	65,000 /yr
2112	1-bed	934 sqft	AED 925KAED 925,000 · Mar 2021March 2021	67,000 /yr
2113	1-bed	933 sqft	AED 1.19MAED 1,190,000 · Jun 2023June 2023	80,000 /yr
2114	1-bed	907 sqft	AED 970KAED 970,000 · Feb 2021February 2021
2115	Studio	609 sqft	AED 550KAED 550,000 · Jun 2021June 2021
2117	Studio	492 sqft	AED 665KAED 665,000 · Oct 2021October 2021	65,000 /yr
2118	4-bed	2,189 sqft	AED 2.1MAED 2,100,000 · Jun 2021June 2021	166,410 /yr
2119	Studio	508 sqft	AED 580KAED 580,000 · Jun 2021June 2021	65,000 /yr
2120	Studio	503 sqft	AED 800KAED 800,000 · Feb 2026February 2026	61,000 /yr
2121	Studio	475 sqft	AED 580KAED 580,000 · Jun 2021June 2021	60,000 /yr
2122	Studio	478 sqft	AED 565KAED 565,000 · Jun 2021June 2021	68,000 /yr
2123	Studio	495 sqft	AED 630KAED 630,000 · Feb 2021February 2021

1–7 of 22

2116, Elite Business Bay Residence in numbers

Sold twice: first on 27 October 2021 for AED 2,434,812, last on 1 November 2023 for AED 1,400,000 (AED 1,291 per sqft).
Rented since September 2023 on 4 Ejari contracts, from AED 250,000 to AED 180,000 a year.
At AED 180,000 a year the gross yield on the 2023 price is 12.9%, before a service charge of about AED 13,900 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 25 September 2026.

Questions about 2116, Elite Business Bay Residence

What did unit 2116 last sell for?

AED 1,400,000 on 1 November 2023: AED 1,291 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 2,434,812 in October 2021.

What is the rent for unit 2116?

AED 180,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 300,000; the unit has been rented since September 2023.

How big is unit 2116?

1,084 sqft (100.7 sqm): a four-bedroom apartment on the 21st floor of a 23-storey tower completed in 2021.

What is unit 2116 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 2116, Elite Business Bay Residence

Starts from the last sale price (AED 1.4M, 1 November 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,400,000
Deposit, UAE resident (20%): AED 280,000
Deposit, non-resident (40%): AED 560,000
Monthly over 25 years at 3.7%: AED 5,728

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