218, 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.
Property timeline for 218, Elite Business Bay Residence
What is 218 worth today?
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Source: Dubai Land Department. Updated 13 December 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 2,191 sqft
- Floor
- 2nd of 23
- Parking
- B3-76, B3-77
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 28,100 /yr
- Last sold
- AED 2.79M · December 2023
- Building
- Elite Business Bay Residence
About 218, Elite Business Bay Residence
218 is a four-bedroom apartment of 2,191 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 13 December 2023 for AED 2,785,141, or AED 1,271 per sqft, in line with the AED 1,269 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 218 over time
218 has sold 3 times; the dashed line is the four-bed median of each year in the building.
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 218 sits
All 46 4-beds →218 last sold in December 2023 at AED 1,271 per sqft, in line with what four-beds in Elite Business Bay Residence were fetching at the time (AED 1,269). 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.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 202 | Studio | 480 sqft | AED 780KAED 780,000 · Oct 2025October 2025 | 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 | |
| 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 |
218, Elite Business Bay Residence in numbers
- Sold 3 times: first on 14 February 2021 for AED 1,352,521, last on 13 December 2023 for AED 2,785,141 (AED 1,271 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 13 December 2023.
Questions about 218, Elite Business Bay Residence
What did unit 218 last sell for?
AED 2,785,141 on 13 December 2023: AED 1,271 per sqft for 2,191 sqft. The unit has 3 registered sales; the first was AED 1,352,521 in February 2021.
How big is unit 218?
2,191 sqft (203.6 sqm): a four-bedroom apartment on the 2nd floor of a 23-storey tower completed in 2021.
What is unit 218 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 218, Elite Business Bay Residence
Starts from the last sale price (AED 2.79M, 13 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,785,141
- Deposit, UAE resident (20%)
- AED 557,028
- Deposit, non-resident (40%)
- AED 1,114,056
- Monthly over 25 years at 3.7%
- AED 11,395
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →