2207, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2207, Elite Business Bay Residence
What is 2207 worth today?
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Source: Dubai Land Department. Updated 13 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,343 sqft
- Floor
- 22nd of 23
- Parking
- P3-75, P3-82
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 17,200 /yr
- Last sold
- AED 750K · March 2021
- Building
- Elite Business Bay Residence
About 2207, Elite Business Bay Residence
2207 is a two-bedroom apartment of 1,343 sqft on the 22nd floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. The developer sold it on 3 March 2021 for AED 750,000, or AED 558 per sqft, 10% below the AED 619 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 13 December 2025, is AED 125,000 a year: a gross yield of 16.7% on the 2021 price, before the service charge of about AED 17,200 a year.
Sales and rents for 2207 over time
2207 has sold once; the dashed line is the two-bed median of each year in the building.
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 2207 sits
All 46 2-beds →2207 last sold in March 2021 at AED 558 per sqft, 10% below what two-beds in Elite Business Bay Residence were fetching at the time (AED 619). 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. 2207's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,309 sqft | 1,539,000 | 1,175 | ||
| 18 Feb 202618 February 2026 | 1,309 sqft | 2,250,000 | 1,718 | ||
| 14 Nov 202514 November 2025 | 1,309 sqft | 1,900,000 | 1,451 | ||
| 11 Sep 202511 September 2025 | 1,343 sqft | 1,800,000 | 1,340 |
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 60K /yr
- Typical yield
- 7.5%
Other units on the 22nd floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | Studio | 494 sqft | AED 550KAED 550,000 · Jun 2021June 2021 | 60,000 /yr | |
| 2202 | Studio | 480 sqft | AED 550KAED 550,000 · Jun 2021June 2021 | 50,000 /yr | |
| 2203 | Studio | 480 sqft | AED 590KAED 590,000 · Jul 2021July 2021 | 55,000 /yr | |
| 2204 | Studio | 506 sqft | AED 585KAED 585,000 · Jul 2021July 2021 | 60,000 /yr | |
| 2205 | Studio | 503 sqft | AED 580KAED 580,000 · Jun 2021June 2021 | 60,831 /yr | |
| 2206 | Studio | 498 sqft | AED 690KAED 690,000 · Sep 2023September 2023 | 55,000 /yr | |
| 2208 | Studio | 401 sqft | AED 590KAED 590,000 · Jun 2021June 2021 | 60,000 /yr | |
| 2209 | 2-bed | 1,309 sqft | AED 1.23MAED 1,225,000 · Jan 2021January 2021 | 93,000 /yr | |
| 2210 | 1-bed | 811 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 77,626 /yr | |
| 2211 | 1-bed | 853 sqft | AED 1.24MAED 1,240,000 · Jul 2025July 2025 | 79,786 /yr | |
| 2212 | 1-bed | 934 sqft | AED 930KAED 930,000 · Mar 2021March 2021 | 85,000 /yr | |
| 2213 | 1-bed | 933 sqft | AED 975KAED 975,000 · Feb 2023February 2023 | 75,000 /yr | |
| 2214 | 1-bed | 907 sqft | AED 1MAED 1,000,000 · Jan 2023January 2023 | 79,000 /yr | |
| 2215 | Studio | 609 sqft | AED 600KAED 600,000 · Jun 2021June 2021 | 58,000 /yr | |
| 2216 | 4-bed | 1,084 sqft | AED 1.4MAED 1,400,000 · Nov 2023November 2023 | 180,000 /yr | |
| 2217 | Studio | 492 sqft | AED 735KAED 735,000 · Aug 2021August 2021 | 52,000 /yr | |
| 2218 | 4-bed | 2,189 sqft | AED 2.4MAED 2,400,000 · Jun 2021June 2021 | 175,000 /yr | |
| 2219 | Studio | 508 sqft | AED 650KAED 650,000 · Jun 2021June 2021 | 50,000 /yr | |
| 2220 | Studio | 503 sqft | AED 555KAED 555,000 · Jun 2021June 2021 | 55,000 /yr | |
| 2221 | Studio | 475 sqft | AED 300KAED 300,000 · Oct 2021October 2021 | 95,000 /yr | |
| 2222 | Studio | 478 sqft | AED 750KAED 750,000 · Mar 2023March 2023 | 72,000 /yr | |
| 2223 | Studio | 495 sqft | AED 550KAED 550,000 · Jun 2021June 2021 | 62,000 /yr |
2207, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 3 March 2021 for AED 750,000, or AED 558 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 82,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2021 price is 16.7%, before a service charge of about AED 17,200 a year (AED 12.83 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 13 December 2025.
Questions about 2207, Elite Business Bay Residence
What did unit 2207 last sell for?
AED 750,000 on 3 March 2021, sold by the developer: AED 558 per sqft for 1,343 sqft. It is the only registered sale of the unit.
What is the rent for unit 2207?
AED 125,000 a year on the contract signed on 13 December 2025. The previous contract, from February 2025, was AED 144,000; the unit has been rented since May 2021.
How big is unit 2207?
1,343 sqft (124.8 sqm): a two-bedroom apartment on the 22nd floor of a 23-storey tower completed in 2021.
What is unit 2207 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 2207, Elite Business Bay Residence
Starts from the last sale price (AED 750K, 3 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →