Studio · 506 sqftElite Business Bay Residence, Business Bay · 8th floor · completed 2021

804, Elite Business Bay Residence

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 804 · DLD and Ejari recordsUpdated 5 June 2026

Last soldAED 608K31 December 2020

Current rentAED 53K /yr5 June 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 804, Elite Business Bay Residence

Today

What is 804 worth today?

Last sold for AED 608,400 in 2020

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5 Jun 2026

5 Jun 2026RentedRenewal

AED 52,500/yr12 months · AED 104 per sqft

5 Jun 2025

5 Jun 2025RentedRenewal

AED 50,000/yr12 months · AED 99 per sqft

5 Jun 2024

5 Jun 2024RentedRenewal

AED 47,315/yr12 months · AED 94 per sqft

5 Jun 2023

5 Jun 2023RentedRenewal

AED 43,010/yr12 months · AED 85 per sqft

5 Jun 2022

5 Jun 2022RentedRenewal

AED 39,100/yr12 months · AED 77 per sqft

5 Jun 2021

5 Jun 2021RentedNew contract

AED 34,000/yr12 months · AED 67 per sqft

31 Dec 2020

31 Dec 2020Sold by developerReady

AED 608,400AED 1,202 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type: Studio apartment
Size: 506 sqft
Floor: 8th of 23
Parking: B2-73
Developer: Range 4 Developments
Completed: 2021
Service charge: AED 6,500 /yr
Last sold: AED 608K · December 2020
Building: Elite Business Bay Residence

About 804, Elite Business Bay Residence

804 is a studio of 506 sqft on the 8th 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 31 December 2020 for AED 608,400, or AED 1,202 per sqft, 4% below the AED 1,255 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 52,500 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 6,500 a year.

Sales and rents for 804 over time

Sales

Unit 804, each saleTypical studio in Elite Business Bay Residence

804 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 804, each contractTypical studio in Elite Business Bay Residence

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

Studios in Elite Business Bay Residence, and where 804 sits

All 317 studios →

Studios in Elite Business Bay Residence · last 12 months1,411 /sqft Elite Business Bay Residence · all types1,388 /sqft

804 last sold in December 2020 at AED 1,202 per sqft, 4% below what studios in Elite Business Bay Residence were fetching at the time (AED 1,255). Over the last 12 months studios sold for AED 551,260 to 830,000, around AED 1,411 per sqft, and rent for AED 44,000 to 97,000 a year. 804's AED 52,500 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	498 sqft	700,000	1,404
3 Nov 20263 November 2026	494 sqft	700,000	1,418
22 Sep 202622 September 2026	498 sqft	760,000	1,524
2 Sep 20262 September 2026	506 sqft	750,000	1,482

30 studio 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 →

Other units on the 8th floor

All 524 units in Elite Business Bay Residence


801	Studio	482 sqft	AED 605KAED 605,000 · Nov 2020November 2020	52,000 /yr
802	Studio	466 sqft	AED 750KAED 750,000 · Jul 2020July 2020
803	Studio	480 sqft	AED 605KAED 605,000 · Jul 2022July 2022	56,000 /yr
805	Studio	489 sqft	AED 650KAED 650,000 · Jun 2018June 2018	54,600 /yr
806	Studio	501 sqft	AED 500KAED 500,000 · Apr 2021April 2021	60,000 /yr
807	2-bed	1,343 sqft	AED 1.71MAED 1,713,339 · Dec 2023December 2023
808	Studio	401 sqft	AED 480KAED 480,000 · Jan 2021January 2021	58,000 /yr
809	2-bed	1,309 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	135,000 /yr
810	1-bed	815 sqft	AED 760KAED 760,000 · Feb 2021February 2021
811	1-bed	853 sqft	AED 800KAED 800,000 · Feb 2021February 2021	80,000 /yr
812	1-bed	934 sqft	AED 1.3MAED 1,300,000 · Dec 2025December 2025	41,000 /yr
813	1-bed	933 sqft	AED 850KAED 850,000 · Apr 2021April 2021	85,000 /yr
814	1-bed	907 sqft	AED 900KAED 900,000 · Aug 2022August 2022	85,000 /yr
815	Studio	605 sqft	AED 671KAED 671,000 · Apr 2021April 2021	65,000 /yr
816	4-bed	2,172 sqft	AED 2.46MAED 2,461,540 · Jun 2021June 2021
817	Studio	492 sqft	AED 652KAED 652,000 · Dec 2020December 2020	72,000 /yr
818	4-bed	2,191 sqft	AED 1.9MAED 1,900,000 · May 2021May 2021	165,000 /yr
819	Studio	506 sqft	AED 602KAED 601,640 · Dec 2017December 2017	55,000 /yr
820	Studio	503 sqft	AED 602KAED 601,640 · Nov 2021November 2021	53,000 /yr
821	Studio	475 sqft	AED 593KAED 592,740 · Nov 2018November 2018	50,000 /yr
822	Studio	478 sqft	AED 605KAED 605,000 · Jul 2022July 2022	50,000 /yr
823	Studio	495 sqft	AED 600KAED 600,000 · Apr 2024April 2024	54,000 /yr

1–7 of 22

804, Elite Business Bay Residence in numbers

Sold once: by Range 4 Developments on 31 December 2020 for AED 608,400, or AED 1,202 per sqft.
Rented since June 2021 on 6 Ejari contracts, from AED 34,000 to AED 52,500 a year.
At AED 52,500 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 6,500 a year (AED 12.83 per sqft).
Studios in Elite Business Bay Residence sold for AED 551,260–830,000 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 5 June 2026.

Questions about 804, Elite Business Bay Residence

What did unit 804 last sell for?

AED 608,400 on 31 December 2020, sold by the developer: AED 1,202 per sqft for 506 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 52,500 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 50,000; the unit has been rented since June 2021.

How big is unit 804?

506 sqft (47.0 sqm): a studio on the 8th floor of a 23-storey tower completed in 2021.

What is unit 804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elite Business Bay Residence sold for AED 551,260 to 830,000 in the last 12 months, around AED 1,411 per sqft.

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Mortgage on 804, Elite Business Bay Residence

Starts from the last sale price (AED 608K, 31 December 2020). Switch to today's estimate once you have unlocked it.

Price: AED 608,400
Deposit, UAE resident (20%): AED 121,680
Deposit, non-resident (40%): AED 243,360
Monthly over 25 years at 3.7%: AED 2,489

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