2-bed · 1,343 sqftElite Business Bay Residence, Business Bay · 6th floor · completed 2021

607, Elite Business Bay Residence

Sold prices and rental history: sold 3 times, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.71M7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Elite Business Bay Residence

What is 607 worth today?

Last sold for AED 1,710,244 in 2023

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7 Dec 2023SoldReady
AED 1,710,244AED 1,273 per sqft
22 Feb 2021SoldReady
AED 832,273AED 619 per sqft
14 Feb 2021Sold by developerOff-plan
AED 832,273AED 619 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
6th of 23
Parking
B2-41, B2-42
Developer
Range 4 Developments
Completed
2021
Service charge
AED 17,200 /yr
Last sold
AED 1.71M · December 2023

About 607, Elite Business Bay Residence

607 is a two-bedroom apartment of 1,343 sqft on the 6th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 7 December 2023 for AED 1,710,244, or AED 1,273 per sqft, in line with the AED 1,272 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical two-bed in Elite Business Bay Residence
1M1.5M202020222024Typical sale price by year: 2020 AED 1,190,000; 2021 AED 832,273; 2022 AED 1,300,000; 2023 AED 1,666,453; 2024 AED 1,787,411Sold, February 2021: AED 832,273 (AED 619 per sqft)Sold by developer, February 2021: AED 832,273 (AED 619 per sqft)Sold, December 2023: AED 1,710,244 (AED 1,273 per sqft)

607 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 607, each contractTypical two-bed in Elite Business Bay Residence
80K100K120K2021202320252027Typical rent by year: 2021 AED 81,000; 2022 AED 110,000; 2023 AED 117,500; 2024 AED 120,000; 2025 AED 122,500; 2026 AED 115,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Business Bay Residence, and where 607 sits

All 46 2-beds →

607 last sold in December 2023 at AED 1,273 per sqft, in line with what two-beds in Elite Business Bay Residence were fetching at the time (AED 1,272). Over the last 12 months two-beds sold for AED 1,539,000 to 2,250,000, around AED 1,451 per sqft, and rent for AED 84,765 to 170,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20261,539,000
18 Feb 20262,250,000
14 Nov 20251,900,000
11 Sep 20251,800,000
3 2-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 60K /yr
Typical yield
7.5%
Elite Business Bay Residence, Business Bay: prices, sales and rents →
Value
601StudioAED 820K · Jun 2025
602StudioAED 660K · Feb 2023
603StudioAED 537K · Mar 2021
604StudioAED 650K · May 2018
605StudioAED 780K · Jan 2026
606StudioAED 770K · Jul 2025
608StudioAED 780K · Nov 2024
1–7 of 22

607, Elite Business Bay Residence in numbers

  • Sold 3 times: first on 14 February 2021 for AED 832,273, last on 7 December 2023 for AED 1,710,244 (AED 1,273 per sqft).
  • Two-beds in Elite Business Bay Residence sold for AED 1,539,000–2,250,000 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 December 2023.

Questions about 607, Elite Business Bay Residence

What did unit 607 last sell for?

AED 1,710,244 on 7 December 2023: AED 1,273 per sqft for 1,343 sqft. The unit has 3 registered sales; the first was AED 832,273 in February 2021.

How big is unit 607?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 6th floor of a 23-storey tower completed in 2021.

What is unit 607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Business Bay Residence sold for AED 1,539,000 to 2,250,000 in the last 12 months, around AED 1,451 per sqft.

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Mortgage on 607, Elite Business Bay Residence

Starts from the last sale price (AED 1.71M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,244
Deposit, UAE resident (20%)
AED 342,049
Deposit, non-resident (40%)
AED 684,098
Monthly over 25 years at 3.7%
AED 6,997

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