Studio · 506 sqftElite Business Bay Residence, Business Bay · 3rd floor · completed 2021

304, 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 December 2020, 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 304 · DLD and Ejari recordsUpdated 5 November 2026

Last soldAED 595K31 December 2020

Current rentAED 50K /yr5 November 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 304, Elite Business Bay Residence

Today

What is 304 worth today?

Last sold for AED 594,900 in 2020

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5 Nov 2026

5 Nov 2026RentedNew contract

AED 50,000/yr12 months · AED 99 per sqft

24 Oct 2025

24 Oct 2025RentedRenewal

AED 60,900/yr12 months · AED 120 per sqft

24 Oct 2024

24 Oct 2024RentedNew contract

AED 58,000/yr12 months · AED 115 per sqft

20 Sep 2023

20 Sep 2023RentedNew contract

AED 50,000/yr12 months · AED 99 per sqft

1 May 2022

1 May 2022RentedRenewal

AED 41,400/yr12 months · AED 82 per sqft

1 May 2021

1 May 2021RentedNew contract

AED 36,000/yr12 months · AED 71 per sqft

31 Dec 2020

31 Dec 2020Sold by developerReady

AED 594,900AED 1,176 per sqft

Source: Dubai Land Department. Updated 5 November 2026.

Key facts

Type: Studio apartment
Size: 506 sqft
Floor: 3rd of 23
Parking: B3-50
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,500 /yr
Last sold: AED 595K · December 2020
Building: Elite Business Bay Residence

About 304, Elite Business Bay Residence

304 is a studio of 506 sqft on the 3rd 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 31 December 2020 for AED 594,900, or AED 1,176 per sqft, 6% below the AED 1,255 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 5 November 2026, is AED 50,000 a year: a gross yield of 8.4% on the 2020 price, before the service charge of about AED 6,500 a year.

Sales and rents for 304 over time

Sales

Unit 304, each saleTypical studio in Elite Business Bay Residence

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

Rents

Unit 304, 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 304 sits

All 317 studios →

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

304 last sold in December 2020 at AED 1,176 per sqft, 6% below what studios in Elite Business Bay Residence were fetching at the time (AED 1,255). 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. 304's AED 50,000 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 3rd floor

All 524 units in Elite Business Bay Residence


301	Studio	494 sqft	AED 750KAED 750,000 · Jul 2024July 2024	52,281 /yr
302	Studio	480 sqft	AED 725KAED 725,000 · May 2026May 2026
303	Studio	480 sqft	AED 500KAED 500,000 · Apr 2021April 2021	48,000 /yr
305	Studio	501 sqft	AED 595KAED 594,900 · Dec 2020December 2020	50,000 /yr
306	Studio	501 sqft	AED 605KAED 605,000 · Nov 2022November 2022	58,000 /yr
307	2-bed	1,343 sqft	AED 1.71MAED 1,714,361 · Dec 2023December 2023
308	Studio	401 sqft	AED 660KAED 660,000 · Nov 2023November 2023	60,000 /yr
309	2-bed	1,309 sqft	AED 1.2MAED 1,200,000 · Mar 2021March 2021
310	1-bed	815 sqft	AED 1.13MAED 1,130,000 · May 2025May 2025	84,000 /yr
311	1-bed	853 sqft	AED 850KAED 850,000 · Oct 2022October 2022	71,574 /yr
312	1-bed	934 sqft	AED 977KAED 977,000 · Jun 2021June 2021	80,000 /yr
313	1-bed	933 sqft	AED 1.23MAED 1,227,389 · Dec 2023December 2023
314	1-bed	907 sqft	AED 850KAED 850,000 · May 2021May 2021	80,000 /yr
315	Studio	605 sqft	AED 605KAED 605,000 · Nov 2022November 2022	53,000 /yr
316	4-bed	2,172 sqft	AED 2.77MAED 2,770,836 · Dec 2023December 2023
317	Studio	492 sqft	AED 540KAED 540,000 · Jun 2021June 2021	62,000 /yr
318	4-bed	2,191 sqft	AED 2.79MAED 2,791,763 · Dec 2023December 2023	140,000 /yr
319	Studio	506 sqft	AED 605KAED 605,000 · Nov 2022November 2022	57,000 /yr
320	Studio	503 sqft	AED 510KAED 510,000 · Dec 2020December 2020	48,000 /yr
321	Studio	475 sqft	AED 650KAED 650,000 · Mar 2023March 2023	52,000 /yr
322	Studio	478 sqft	AED 605KAED 605,000 · Jul 2022July 2022	60,000 /yr
323	Studio	495 sqft	AED 605KAED 605,000 · Nov 2022November 2022	55,000 /yr

1–7 of 22

304, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 31 December 2020 for AED 594,900, or AED 1,176 per sqft.
Rented since May 2021 on 6 Ejari contracts, from AED 36,000 to AED 50,000 a year.
At AED 50,000 a year the gross yield on the 2020 price is 8.4%, before a service charge of about AED 6,500 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 5 November 2026.

Questions about 304, Elite Business Bay Residence

What did unit 304 last sell for?

AED 594,900 on 31 December 2020, sold by the developer: AED 1,176 per sqft for 506 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 50,000 a year on the contract signed on 5 November 2026. The previous contract, from October 2025, was AED 60,900; the unit has been rented since May 2021.

How big is unit 304?

506 sqft (47.0 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2021.

What is unit 304 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 304, Elite Business Bay Residence

Starts from the last sale price (AED 595K, 31 December 2020). Switch to today's estimate once you have unlocked it.

Price: AED 594,900
Deposit, UAE resident (20%): AED 118,980
Deposit, non-resident (40%): AED 237,960
Monthly over 25 years at 3.7%: AED 2,434

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