Studio · 492 sqftElite Business Bay Residence, Business Bay · 22nd floor · completed 2021

2217, 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 once, by the developer in August 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2217 · DLD and Ejari recordsUpdated 15 October 2026

Last soldAED 735K17 August 2021

Current rentAED 52K /yr15 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2217, Elite Business Bay Residence

Today

What is 2217 worth today?

Last sold for AED 735,000 in 2021

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15 Oct 2026

15 Oct 2026RentedRenewal

AED 52,000/yr12 months · AED 105 per sqft

15 Oct 2025

15 Oct 2025RentedRenewal

AED 55,000/yr12 months · AED 111 per sqft

15 Oct 2024

15 Oct 2024RentedRenewal

AED 52,500/yr12 months · AED 106 per sqft

15 Oct 2023

15 Oct 2023RentedRenewal

AED 52,500/yr12 months · AED 106 per sqft

15 Oct 2022

15 Oct 2022RentedRenewal

AED 52,500/yr12 months · AED 106 per sqft

15 Oct 2021

15 Oct 2021RentedNew contract

AED 43,000/yr12 months · AED 87 per sqft

17 Aug 2021

17 Aug 2021Sold by developerReady

AED 735,000AED 1,493 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type: Studio apartment
Size: 492 sqft
Floor: 22nd of 23
Parking: P3-63
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,300 /yr
Last sold: AED 735K · August 2021
Building: Elite Business Bay Residence

About 2217, Elite Business Bay Residence

2217 is a studio of 492 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 17 August 2021 for AED 735,000, or AED 1,493 per sqft, 28% above the AED 1,163 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 52,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 6,300 a year.

Sales and rents for 2217 over time

Sales

Unit 2217, each saleTypical studio in Elite Business Bay Residence

2217 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 2217, each contractTypical studio in Elite Business Bay Residence

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 2217 sits

All 317 studios →

Studios in Elite Business Bay Residence · last 12 months1,411 /sqft Elite Business Bay Residence · all types1,388 /sqft

2217 last sold in August 2021 at AED 1,493 per sqft, 28% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,163). 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. 2217's AED 52,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	498 sqft	700,000	1,404
3 Nov 20263 November 2026	494 sqft	700,000	1,418
22 Sep 202622 September 2026	498 sqft	760,000	1,524
2 Sep 20262 September 2026	506 sqft	750,000	1,482

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 60K /yr
Typical yield: 7.5%

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

Other units on the 22nd floor

All 524 units in Elite Business Bay Residence


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
2207	2-bed	1,343 sqft	AED 750KAED 750,000 · Mar 2021March 2021	125,000 /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
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

1–7 of 22

2217, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 17 August 2021 for AED 735,000, or AED 1,493 per sqft.
Rented since October 2021 on 6 Ejari contracts, from AED 43,000 to AED 52,000 a year.
At AED 52,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 6,300 a year (AED 12.83 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 15 October 2026.

Questions about 2217, Elite Business Bay Residence

What did unit 2217 last sell for?

AED 735,000 on 17 August 2021, sold by the developer: AED 1,493 per sqft for 492 sqft. It is the only registered sale of the unit.

What is the rent for unit 2217?

AED 52,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 55,000; the unit has been rented since October 2021.

How big is unit 2217?

492 sqft (45.7 sqm): a studio on the 22nd floor of a 23-storey tower completed in 2021.

What is unit 2217 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 2217, Elite Business Bay Residence

Starts from the last sale price (AED 735K, 17 August 2021). Switch to today's estimate once you have unlocked it.

Price: AED 735,000
Deposit, UAE resident (20%): AED 147,000
Deposit, non-resident (40%): AED 294,000
Monthly over 25 years at 3.7%: AED 3,007

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