416, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Elite Business Bay Residence
What is 416 worth today?
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Source: Dubai Land Department. Updated 7 January 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 2,172 sqft
- Floor
- 4th of 23
- Parking
- B3-108, B3-109
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.81M · January 2021
- Building
- Elite Business Bay Residence
About 416, Elite Business Bay Residence
416 is a four-bedroom apartment of 2,172 sqft on the 4th 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 7 January 2021 for AED 1,811,000, or AED 833 per sqft, 8% below the AED 909 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 416 over time
416 has sold once; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Elite Business Bay Residence, and where 416 sits
All 46 4-beds →416 last sold in January 2021 at AED 833 per sqft, 8% below what four-beds in Elite Business Bay Residence were fetching at the time (AED 909). Over the last 12 months four-beds sold for AED 2,647,500 to 2,755,000, around AED 1,220 per sqft, and rent for AED 150,000 to 200,000 a year.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 2,168 sqft | 2,647,500 | 1,220 | ||
| 22 Sep 202622 September 2026 | 2,189 sqft | 2,667,000 | 1,218 | ||
| 22 Sep 202622 September 2026 | 2,189 sqft | 2,658,000 | 1,214 | ||
| 22 Sep 202622 September 2026 | 2,168 sqft | 2,661,200 | 1,227 |
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 4th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 494 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | 52,000 /yr | |
| 402 | Studio | 480 sqft | AED 630KAED 630,000 · May 2023May 2023 | 60,000 /yr | |
| 403 | Studio | 480 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | 52,000 /yr | |
| 404 | Studio | 506 sqft | AED 598KAED 597,600 · Dec 2020December 2020 | 65,000 /yr | |
| 405 | Studio | 501 sqft | AED 598KAED 597,600 · Jan 2021January 2021 | 50,000 /yr | |
| 406 | Studio | 501 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | 59,000 /yr | |
| 407 | 2-bed | 1,343 sqft | AED 1.71MAED 1,713,327 · Dec 2023December 2023 | ||
| 408 | Studio | 401 sqft | AED 560KAED 560,000 · Jul 2021July 2021 | 55,000 /yr | |
| 409 | 2-bed | 1,309 sqft | AED 1.54MAED 1,539,000 · Sep 2026September 2026 | ||
| 410 | 1-bed | 815 sqft | AED 785KAED 785,000 · Mar 2021March 2021 | 83,000 /yr | |
| 411 | 1-bed | 427 sqft | AED 491KAED 491,000 · Nov 2023November 2023 | 90,000 /yr | |
| 412 | 1-bed | 934 sqft | AED 775KAED 775,000 · Jun 2021June 2021 | 85,000 /yr | |
| 413 | 1-bed | 933 sqft | AED 1.05MAED 1,050,000 · Jun 2023June 2023 | 75,000 /yr | |
| 414 | 1-bed | 907 sqft | AED 1.2MAED 1,203,787 · Dec 2023December 2023 | ||
| 415 | Studio | 605 sqft | AED 605KAED 605,000 · Nov 2022November 2022 | 55,000 /yr | |
| 417 | Studio | 492 sqft | AED 683KAED 683,000 · Dec 2020December 2020 | 63,000 /yr | |
| 418 | 4-bed | 2,191 sqft | AED 2.54MAED 2,538,460 · Jun 2021June 2021 | 180,000 /yr | |
| 419 | Studio | 506 sqft | AED 598KAED 597,600 · Jan 2021January 2021 | 62,000 /yr | |
| 420 | Studio | 503 sqft | AED 630KAED 630,000 · Aug 2018August 2018 | 48,000 /yr | |
| 421 | Studio | 475 sqft | AED 615KAED 614,760 · May 2022May 2022 | 50,000 /yr | |
| 422 | Studio | 478 sqft | AED 525KAED 525,000 · Mar 2021March 2021 | 50,000 /yr | |
| 423 | Studio | 495 sqft | AED 605KAED 605,000 · Nov 2022November 2022 | 55,000 /yr |
416, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 7 January 2021 for AED 1,811,000, or AED 833 per sqft.
- Four-beds in Elite Business Bay Residence sold for AED 2,647,500–2,755,000 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 January 2021.
Questions about 416, Elite Business Bay Residence
What did unit 416 last sell for?
AED 1,811,000 on 7 January 2021, sold by the developer: AED 833 per sqft for 2,172 sqft. It is the only registered sale of the unit.
How big is unit 416?
2,172 sqft (201.8 sqm): a four-bedroom apartment on the 4th floor of a 23-storey tower completed in 2021.
What is unit 416 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Business Bay Residence sold for AED 2,647,500 to 2,755,000 in the last 12 months, around AED 1,220 per sqft.
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Mortgage on 416, Elite Business Bay Residence
Starts from the last sale price (AED 1.81M, 7 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,811,000
- Deposit, UAE resident (20%)
- AED 362,200
- Deposit, non-resident (40%)
- AED 724,400
- Monthly over 25 years at 3.7%
- AED 7,409
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →