1-bed · 907 sqftElite Business Bay Residence, Business Bay · 2nd floor · completed 2021

214, Elite Business Bay Residence

Sold prices and rental history: sold twice, last in September 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 3 May 2026
Last soldAED 1.15M17 September 2025
Current rentAED 75K /yr3 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Elite Business Bay Residence

What is 214 worth today?

Last sold for AED 1,150,000 in 2025

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3 May 2026RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
30 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
17 Sep 2025SoldReady
AED 1,150,000AED 1,267 per sqft
18 Jul 2021Sold by developerReady
AED 825,000AED 909 per sqft

Source: Dubai Land Department. Updated 3 May 2026.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
2nd of 23
Parking
B3-16
Developer
Range 4 Developments
Completed
2021
Service charge
AED 11,600 /yr
Last sold
AED 1.15M · September 2025

About 214, Elite Business Bay Residence

214 is a one-bedroom apartment of 907 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 September 2025 for AED 1,150,000, or AED 1,267 per sqft, in line with the AED 1,286 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 3 May 2026, is AED 75,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 11,600 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical one-bed in Elite Business Bay Residence
750K1M1.25M2017202020232026Typical sale price by year: 2017 AED 937,615; 2019 AED 1,152,574; 2020 AED 882,000; 2021 AED 787,500; 2022 AED 890,000; 2023 AED 1,150,000; 2024 AED 1,160,000; 2025 AED 1,156,000; 2026 AED 1,230,000Sold by developer, July 2021: AED 825,000 (AED 909 per sqft)Sold, September 2025: AED 1,150,000 (AED 1,267 per sqft)

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

Rents
Unit 214, each contractTypical one-bed in Elite Business Bay Residence
60K70K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 67,000; 2023 AED 75,000; 2024 AED 82,000; 2025 AED 82,000; 2026 AED 78,000New contract, September 2025: AED 80,000 a yearNew contract, May 2026: AED 75,000 a year

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

1-beds in Elite Business Bay Residence, and where 214 sits

All 115 1-beds →

214 last sold in September 2025 at AED 1,267 per sqft, in line with what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,286). Over the last 12 months one-beds sold for AED 1,062,878 to 1,850,000, around AED 1,391 per sqft, and rent for AED 41,000 to 115,000 a year. 214's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 May 20261,260,000
7 Apr 20261,125,000
31 Mar 20261,200,000
3 Feb 20261,850,000
9 1-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
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

214, Elite Business Bay Residence in numbers

  • Sold twice: first on 18 July 2021 for AED 825,000, last on 17 September 2025 for AED 1,150,000 (AED 1,267 per sqft).
  • Rented since September 2025 on 2 Ejari contracts, from AED 80,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 11,600 a year (AED 12.83 per sqft).
  • One-beds in Elite Business Bay Residence sold for AED 1,062,878–1,850,000 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 3 May 2026.

Questions about 214, Elite Business Bay Residence

What did unit 214 last sell for?

AED 1,150,000 on 17 September 2025: AED 1,267 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 825,000 in July 2021.

What is the rent for unit 214?

AED 75,000 a year on the contract signed on 3 May 2026. The previous contract, from September 2025, was AED 80,000.

How big is unit 214?

907 sqft (84.3 sqm): a one-bedroom apartment on the 2nd floor of a 23-storey tower completed in 2021.

What is unit 214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Business Bay Residence sold for AED 1,062,878 to 1,850,000 in the last 12 months, around AED 1,391 per sqft.

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Mortgage on 214, Elite Business Bay Residence

Starts from the last sale price (AED 1.15M, 17 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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