Studio · 475 sqftElite Business Bay Residence, Business Bay · 8th floor · completed 2021

821, Elite Business Bay Residence

Sold prices and rental history: sold once, by the developer in November 2018, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 821 · DLD and Ejari recordsUpdated 16 May 2026
Last soldAED 593K12 November 2018
Current rentAED 50K /yr16 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 821, Elite Business Bay Residence

What is 821 worth today?

Last sold for AED 592,740 in 2018

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16 May 2026RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
13 Mar 2025RentedNew contract
AED 59,000/yr12 months · AED 125 per sqft
13 Mar 2025RentedNew contract
AED 59,000/yr12 months · AED 125 per sqft
12 Nov 2018Sold by developerOff-plan
AED 592,740AED 1,247 per sqft

Source: Dubai Land Department. Updated 16 May 2026.

Key facts

Type
Studio apartment
Size
475 sqft
Floor
8th of 23
Parking
B2-101
Developer
Range 4 Developments
Completed
2021
Service charge
AED 6,100 /yr
Last sold
AED 593K · November 2018

About 821, Elite Business Bay Residence

821 is a studio of 475 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 12 November 2018 for AED 592,740, or AED 1,247 per sqft, 4% below the AED 1,296 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 16 May 2026, is AED 50,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 6,100 a year.

Sales and rents for 821 over time

Sales
Unit 821, each saleTypical studio in Elite Business Bay Residence
600K800K2017202020232026Typical sale price by year: 2017 AED 618,000; 2018 AED 645,000; 2019 AED 845,132; 2020 AED 605,000; 2021 AED 560,000; 2022 AED 605,000; 2023 AED 660,000; 2024 AED 790,000; 2025 AED 600,630; 2026 AED 783,750Sold by developer, November 2018: AED 592,740 (AED 1,247 per sqft)

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

Rents
Unit 821, each contractTypical studio in Elite Business Bay Residence
40K50K60K2021202320252027Typical rent by year: 2021 AED 38,000; 2022 AED 43,900; 2023 AED 52,000; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 54,000New contract, March 2025: AED 59,000 a yearNew contract, March 2025: AED 59,000 a yearNew contract, May 2026: AED 50,000 a year

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 821 sits

All 317 studios →

821 last sold in November 2018 at AED 1,247 per sqft, 4% below what studios in Elite Business Bay Residence were fetching at the time (AED 1,296). 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. 821's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026700,000
3 Nov 2026700,000
22 Sep 2026760,000
2 Sep 2026750,000
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 →
Value
801StudioAED 605K · Nov 2020
802StudioAED 750K · Jul 2020
803StudioAED 605K · Jul 2022
804StudioAED 608K · Dec 2020
805StudioAED 650K · Jun 2018
806StudioAED 500K · Apr 2021
8072-bedAED 1.71M · Dec 2023
1–7 of 22

821, Elite Business Bay Residence in numbers

  • Sold once: by Range 4 Developments on 12 November 2018 for AED 592,740, or AED 1,247 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, from AED 59,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 6,100 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 16 May 2026.

Questions about 821, Elite Business Bay Residence

What did unit 821 last sell for?

AED 592,740 on 12 November 2018, sold by the developer: AED 1,247 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 821?

AED 50,000 a year on the contract signed on 16 May 2026. The previous contract, from March 2025, was AED 59,000; the unit has been rented since March 2025.

How big is unit 821?

475 sqft (44.1 sqm): a studio on the 8th floor of a 23-storey tower completed in 2021.

What is unit 821 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 821, Elite Business Bay Residence

Starts from the last sale price (AED 593K, 12 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 592,740
Deposit, UAE resident (20%)
AED 118,548
Deposit, non-resident (40%)
AED 237,096
Monthly over 25 years at 3.7%
AED 2,425

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