716, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in June 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 716, Elite Business Bay Residence
What is 716 worth today?
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Source: Dubai Land Department. Updated 28 June 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 2,172 sqft
- Floor
- 7th of 23
- Parking
- B2-120, B2-121
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.46M · June 2021
- Building
- Elite Business Bay Residence
About 716, Elite Business Bay Residence
716 is a four-bedroom apartment of 2,172 sqft on the 7th 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 28 June 2021 for AED 2,461,540, or AED 1,133 per sqft, 18% above the AED 959 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 716 over time
716 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 716 sits
All 46 4-beds →716 last sold in June 2021 at AED 1,133 per sqft, 18% above what four-beds in Elite Business Bay Residence were fetching at the time (AED 959). 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 60K /yr
- Typical yield
- 7.5%
Other units on the 7th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 482 sqft | AED 605KAED 605,000 · Nov 2020November 2020 | 52,000 /yr | |
| 702 | Studio | 480 sqft | AED 605KAED 605,000 · Jul 2022July 2022 | 60,000 /yr | |
| 703 | Studio | 480 sqft | AED 619KAED 618,520 · May 2022May 2022 | 58,000 /yr | |
| 704 | Studio | 506 sqft | AED 606KAED 605,700 · Dec 2020December 2020 | 52,500 /yr | |
| 705 | Studio | 250 sqft | AED 650KAED 650,000 · May 2018May 2018 | 50,000 /yr | |
| 706 | Studio | 501 sqft | AED 770KAED 770,000 · Jul 2024July 2024 | 47,130 /yr | |
| 707 | 2-bed | 1,343 sqft | AED 1.71MAED 1,712,049 · Dec 2023December 2023 | ||
| 708 | Studio | 401 sqft | AED 530KAED 530,000 · Mar 2021March 2021 | 52,000 /yr | |
| 709 | 2-bed | 1,309 sqft | AED 1.66MAED 1,662,722 · Dec 2023December 2023 | ||
| 710 | 1-bed | 815 sqft | AED 1.13MAED 1,133,241 · Jul 2019July 2019 | 78,000 /yr | |
| 711 | 1-bed | 853 sqft | AED 1.14MAED 1,140,000 · Apr 2025April 2025 | 80,000 /yr | |
| 712 | 1-bed | 934 sqft | AED 1.3MAED 1,300,000 · Jan 2026January 2026 | ||
| 713 | 1-bed | 933 sqft | AED 1.23MAED 1,228,940 · Dec 2023December 2023 | ||
| 714 | 1-bed | 907 sqft | AED 800KAED 800,000 · Nov 2020November 2020 | 82,500 /yr | |
| 715 | Studio | 605 sqft | AED 560KAED 560,000 · Jul 2021July 2021 | 60,000 /yr | |
| 717 | Studio | 492 sqft | AED 652KAED 652,000 · Oct 2020October 2020 | 50,000 /yr | |
| 718 | 4-bed | 2,191 sqft | AED 2.54MAED 2,538,460 · Jul 2021July 2021 | ||
| 719 | Studio | 506 sqft | AED 663KAED 663,000 · Nov 2018November 2018 | 60,000 /yr | |
| 720 | Studio | 503 sqft | AED 730KAED 730,000 · Jun 2026June 2026 | 57,154 /yr | |
| 721 | Studio | 475 sqft | AED 945KAED 945,000 · Aug 2024August 2024 | 68,000 /yr | |
| 722 | Studio | 478 sqft | AED 500KAED 500,000 · Feb 2021February 2021 | 72,610 /yr | |
| 723 | Studio | 495 sqft | AED 510KAED 510,000 · Mar 2021March 2021 |
716, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 28 June 2021 for AED 2,461,540, or AED 1,133 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 28 June 2021.
Questions about 716, Elite Business Bay Residence
What did unit 716 last sell for?
AED 2,461,540 on 28 June 2021, sold by the developer: AED 1,133 per sqft for 2,172 sqft. It is the only registered sale of the unit.
How big is unit 716?
2,172 sqft (201.8 sqm): a four-bedroom apartment on the 7th floor of a 23-storey tower completed in 2021.
What is unit 716 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 716, Elite Business Bay Residence
Starts from the last sale price (AED 2.46M, 28 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,461,540
- Deposit, UAE resident (20%)
- AED 492,308
- Deposit, non-resident (40%)
- AED 984,616
- Monthly over 25 years at 3.7%
- AED 10,071
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →