1-bed · 933 sqftElite Business Bay Residence, Business Bay · 4th floor · completed 2021

413, Elite Business Bay Residence

Sold prices and rental history: sold 4 times, last in June 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.05M5 June 2023
Current rentAED 75K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Elite Business Bay Residence

What is 413 worth today?

Last sold for AED 1,050,000 in 2023

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1 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
5 Jun 2023SoldReady
AED 1,050,000AED 1,125 per sqft
27 Apr 2023SoldReady
AED 850,000AED 911 per sqft
28 Dec 2021SoldReady
AED 282,000AED 906 per sqft
28 Mar 2021Sold by developerReady
AED 854,545AED 915 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
4th of 23
Parking
B3-88
Developer
Range 4 Developments
Completed
2021
Service charge
AED 12,000 /yr
Last sold
AED 1.05M · June 2023

About 413, Elite Business Bay Residence

413 is a one-bedroom apartment of 933 sqft on the 4th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 5 June 2023 for AED 1,050,000, or AED 1,125 per sqft, 3% above the AED 1,087 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 75,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 12,000 a year.

Sales and rents for 413 over time

Sales
Unit 413, each saleTypical one-bed in Elite Business Bay Residence
500K1M2017202020232026Typical sale price by year: 2017 AED 937,615; 2019 AED 1,152,574; 2020 AED 882,000; 2021 AED 787,500; 2022 AED 890,000; 2023 AED 1,150,000; 2024 AED 1,160,000; 2025 AED 1,156,000; 2026 AED 1,230,000Sold by developer, March 2021: AED 854,545 (AED 915 per sqft)Sold, December 2021: AED 282,000 (AED 906 per sqft)Sold, April 2023: AED 850,000 (AED 911 per sqft)Sold, June 2023: AED 1,050,000 (AED 1,125 per sqft)

413 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 413, each contractTypical one-bed in Elite Business Bay Residence
60K70K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 67,000; 2023 AED 75,000; 2024 AED 82,000; 2025 AED 82,000; 2026 AED 78,000New contract, September 2026: AED 75,000 a year

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 413 sits

All 115 1-beds →

413 last sold in June 2023 at AED 1,125 per sqft, 3% above what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,087). 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. 413's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 May 20261,260,000
7 Apr 20261,125,000
31 Mar 20261,200,000
3 Feb 20261,850,000
9 1-bed 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 61K /yr
Typical yield
7.5%
Elite Business Bay Residence, Business Bay: prices, sales and rents →
Value
401StudioAED 605K · Jul 2022
402StudioAED 630K · May 2023
403StudioAED 605K · Jul 2022
404StudioAED 598K · Dec 2020
405StudioAED 598K · Jan 2021
406StudioAED 605K · Jul 2022
4072-bedAED 1.71M · Dec 2023
1–7 of 22

413, Elite Business Bay Residence in numbers

  • Sold 4 times: first on 28 March 2021 for AED 854,545, last on 5 June 2023 for AED 1,050,000 (AED 1,125 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 12,000 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 1 September 2026.

Questions about 413, Elite Business Bay Residence

What did unit 413 last sell for?

AED 1,050,000 on 5 June 2023: AED 1,125 per sqft for 933 sqft. The unit has 4 registered sales; the first was AED 854,545 in March 2021.

What is the rent for unit 413?

AED 75,000 a year on the contract signed on 1 September 2026.

How big is unit 413?

933 sqft (86.7 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2021.

What is unit 413 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 413, Elite Business Bay Residence

Starts from the last sale price (AED 1.05M, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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