323, Elite Business Bay Residence
Sold prices and rental history: sold twice, last in November 2022, 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 323, Elite Business Bay Residence
What is 323 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 3rd of 23
- Parking
- B3-60
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 6,300 /yr
- Last sold
- AED 605K · November 2022
- Building
- Elite Business Bay Residence
About 323, Elite Business Bay Residence
323 is a studio of 495 sqft on the 3rd floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 14 November 2022 for AED 605,000, or AED 1,222 per sqft, in line with the AED 1,232 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 55,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 6,300 a year.
Sales and rents for 323 over time
323 has sold twice; the dashed line is the studio median of each year in the building.
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 323 sits
All 317 studios →323 last sold in November 2022 at AED 1,222 per sqft, in line with what studios in Elite Business Bay Residence were fetching at the time (AED 1,232). 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. 323's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | ||
| 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, Elite Business Bay Residence in numbers
- Sold twice: first on 6 October 2021 for AED 590,400, last on 14 November 2022 for AED 605,000 (AED 1,222 per sqft).
- Rented since March 2021 on 4 Ejari contracts, from AED 37,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2022 price is 9.1%, 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 4 November 2025.
Questions about 323, Elite Business Bay Residence
What did unit 323 last sell for?
AED 605,000 on 14 November 2022: AED 1,222 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 590,400 in October 2021.
What is the rent for unit 323?
AED 55,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since March 2021.
How big is unit 323?
495 sqft (46.0 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2021.
What is unit 323 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.
Selling 323? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 323, Elite Business Bay Residence
Starts from the last sale price (AED 605K, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 605,000
- Deposit, UAE resident (20%)
- AED 121,000
- Deposit, non-resident (40%)
- AED 242,000
- Monthly over 25 years at 3.7%
- AED 2,475
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →