614, Elite Business Bay Residence
Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, Elite Business Bay Residence
What is 614 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 907 sqft
- Floor
- 6th of 23
- Parking
- B2-07
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.15M · March 2023
- Building
- Elite Business Bay Residence
About 614, Elite Business Bay Residence
614 is a one-bedroom apartment of 907 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 22 March 2023 for AED 1,150,000, or AED 1,267 per sqft, 19% above the AED 1,064 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 1 March 2026, is AED 80,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 614 over time
614 has sold twice; 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 614 sits
All 115 1-beds →614 last sold in March 2023 at AED 1,267 per sqft, 19% above what one-beds in Elite Business Bay Residence were fetching at the time (AED 1,064). 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. 614'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 6th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 494 sqft | AED 820KAED 820,000 · Jun 2025June 2025 | 40,000 /yr | |
| 602 | Studio | 480 sqft | AED 660KAED 660,000 · Feb 2023February 2023 | 60,000 /yr | |
| 603 | Studio | 480 sqft | AED 537KAED 537,000 · Mar 2021March 2021 | 57,000 /yr | |
| 604 | Studio | 493 sqft | AED 650KAED 650,000 · May 2018May 2018 | 37,000 /yr | |
| 605 | Studio | 501 sqft | AED 780KAED 780,000 · Jan 2026January 2026 | 43,000 /yr | |
| 606 | Studio | 501 sqft | AED 770KAED 770,000 · Jul 2025July 2025 | 52,000 /yr | |
| 607 | 2-bed | 1,343 sqft | AED 1.71MAED 1,710,244 · Dec 2023December 2023 | ||
| 608 | Studio | 401 sqft | AED 780KAED 780,000 · Nov 2024November 2024 | 53,000 /yr | |
| 609 | 2-bed | 1,309 sqft | AED 1.66MAED 1,660,962 · Dec 2023December 2023 | ||
| 610 | 1-bed | 815 sqft | AED 1.15MAED 1,150,000 · Oct 2023October 2023 | 80,000 /yr | |
| 611 | 1-bed | 853 sqft | AED 830KAED 830,000 · Apr 2021April 2021 | 70,000 /yr | |
| 612 | 1-bed | 934 sqft | AED 1.23MAED 1,228,444 · Dec 2023December 2023 | ||
| 613 | 1-bed | 933 sqft | AED 927KAED 926,789 · Mar 2024March 2024 | 80,000 /yr | |
| 615 | Studio | 605 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | 50,000 /yr | |
| 616 | 4-bed | 2,172 sqft | AED 2.46MAED 2,461,540 · Jun 2021June 2021 | ||
| 617 | Studio | 492 sqft | AED 850KAED 850,000 · Oct 2025October 2025 | 70,000 /yr | |
| 618 | 4-bed | 2,191 sqft | AED 2.54MAED 2,538,460 · Jun 2021June 2021 | 180,000 /yr | |
| 619 | Studio | 506 sqft | AED 655KAED 655,000 · Mar 2021March 2021 | 48,000 /yr | |
| 620 | Studio | 503 sqft | AED 650KAED 650,000 · Sep 2020September 2020 | 50,000 /yr | |
| 621 | Studio | 475 sqft | AED 500KAED 500,000 · Mar 2021March 2021 | 50,000 /yr | |
| 622 | Studio | 478 sqft | AED 605KAED 605,000 · Nov 2020November 2020 | 57,000 /yr | |
| 623 | Studio | 495 sqft | AED 700KAED 700,000 · Jan 2023January 2023 | 63,000 /yr |
614, Elite Business Bay Residence in numbers
- Sold twice: first on 11 March 2021 for AED 800,000, last on 22 March 2023 for AED 1,150,000 (AED 1,267 per sqft).
- Rented since October 2023 on 3 Ejari contracts, from AED 85,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 7.0%, 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 1 March 2026.
Questions about 614, Elite Business Bay Residence
What did unit 614 last sell for?
AED 1,150,000 on 22 March 2023: AED 1,267 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 800,000 in March 2021.
What is the rent for unit 614?
AED 80,000 a year on the contract signed on 1 March 2026. The previous contract, from December 2024, was AED 120,000; the unit has been rented since October 2023.
How big is unit 614?
907 sqft (84.3 sqm): a one-bedroom apartment on the 6th floor of a 23-storey tower completed in 2021.
What is unit 614 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 614, Elite Business Bay Residence
Starts from the last sale price (AED 1.15M, 22 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →