314, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 314, Elite Business Bay Residence
What is 314 worth today?
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Source: Dubai Land Department. Updated 7 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 907 sqft
- Floor
- 3rd of 23
- Parking
- B3-21
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 11,600 /yr
- Last sold
- AED 850K · May 2021
- Building
- Elite Business Bay Residence
About 314, Elite Business Bay Residence
314 is a one-bedroom apartment of 907 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 26 May 2021 for AED 850,000, or AED 936 per sqft, 3% above the AED 908 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 7 February 2025, is AED 80,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 11,600 a year.
Sales and rents for 314 over time
314 has sold once; the dashed line is the one-bed median of each year in the building.
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 314 sits
All 115 1-beds →314 last sold in May 2021 at AED 936 per sqft, 3% above what one-beds in Elite Business Bay Residence were fetching at the time (AED 908). 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. 314's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 907 sqft | 1,260,000 | 1,388 | ||
| 7 Apr 20267 April 2026 | 853 sqft | 1,125,000 | 1,318 | ||
| 31 Mar 202631 March 2026 | 853 sqft | 1,200,000 | 1,406 | ||
| 3 Feb 20263 February 2026 | 934 sqft | 1,850,000 | 1,980 |
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 3rd floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 304 | Studio | 506 sqft | AED 595KAED 594,900 · Dec 2020December 2020 | 60,900 /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 | ||
| 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 |
314, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 26 May 2021 for AED 850,000, or AED 936 per sqft.
- Rented since May 2023 on 3 Ejari contracts, from AED 74,799 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2021 price is 9.4%, 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 7 February 2025.
Questions about 314, Elite Business Bay Residence
What did unit 314 last sell for?
AED 850,000 on 26 May 2021, sold by the developer: AED 936 per sqft for 907 sqft. It is the only registered sale of the unit.
What is the rent for unit 314?
AED 80,000 a year on the contract signed on 7 February 2025. The previous contract, from February 2025, was AED 80,000; the unit has been rented since May 2023.
How big is unit 314?
907 sqft (84.3 sqm): a one-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2021.
What is unit 314 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 314, Elite Business Bay Residence
Starts from the last sale price (AED 850K, 26 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →