2-bed · 1,343 sqftElite Business Bay Residence, Business Bay · 9th floor · completed 2021

907, Elite Business Bay Residence

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 1.4M2 August 2022
Current rentAED 140K /yr25 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Elite Business Bay Residence

What is 907 worth today?

Last sold for AED 1,400,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Jun 2025RentedRenewal
AED 140,000/yr12 months · AED 104 per sqft
25 Jun 2024RentedNew contract
AED 140,000/yr12 months · AED 104 per sqft
1 May 2023RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
2 Aug 2022SoldReady
AED 1,400,000AED 1,042 per sqft
3 Mar 2021Sold by developerReady
AED 625,000AED 465 per sqft
12 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 25 June 2025.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
9th of 23
Parking
B2-29, B2-30
Developer
Range 4 Developments
Completed
2021
Service charge
AED 17,200 /yr
Last sold
AED 1.4M · August 2022

About 907, Elite Business Bay Residence

907 is a two-bedroom apartment of 1,343 sqft on the 9th floor of Elite Business Bay Residence, a 23-storey tower in Business Bay completed in 2021 by Range 4 Developments. It last sold on 2 August 2022 for AED 1,400,000, or AED 1,042 per sqft, 12% above the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 June 2025, is AED 140,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 17,200 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical two-bed in Elite Business Bay Residence
1M202020222024Typical 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 by developer, March 2021: AED 625,000 (AED 465 per sqft)Sold, August 2022: AED 1,400,000 (AED 1,042 per sqft)

907 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 907, each contractTypical two-bed in Elite Business Bay Residence
100K150K2020202220242026Typical 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 115,000New contract, December 2020: AED 75,000 a yearNew contract, May 2023: AED 125,000 a yearNew contract, June 2024: AED 140,000 a yearRenewal, June 2025: AED 140,000 a year

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 907 sits

All 46 2-beds →

907 last sold in August 2022 at AED 1,042 per sqft, 12% above what two-beds in Elite Business Bay Residence were fetching at the time (AED 930). 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. 907's AED 140,000 is in the upper half of that range.

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 61K /yr
Typical yield
7.5%
Elite Business Bay Residence, Business Bay: prices, sales and rents →
Value
901StudioAED 600K · Sep 2021
902StudioAED 630K · Nov 2021
903StudioAED 624K · May 2022
904StudioAED 611K · Jan 2021
905StudioAED 622K · Sep 2019
906StudioAED 535K · Jun 2021
908StudioAED 500K · Mar 2021
1–7 of 22

907, Elite Business Bay Residence in numbers

  • Sold twice: first on 3 March 2021 for AED 625,000, last on 2 August 2022 for AED 1,400,000 (AED 1,042 per sqft).
  • Rented since December 2020 on 4 Ejari contracts, from AED 75,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 17,200 a year (AED 12.83 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 25 June 2025.

Questions about 907, Elite Business Bay Residence

What did unit 907 last sell for?

AED 1,400,000 on 2 August 2022: AED 1,042 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 625,000 in March 2021.

What is the rent for unit 907?

AED 140,000 a year on the contract renewed on 25 June 2025. The previous contract, from June 2024, was AED 140,000; the unit has been rented since December 2020.

How big is unit 907?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 9th floor of a 23-storey tower completed in 2021.

What is unit 907 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.

Selling 907? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 907, Elite Business Bay Residence

Starts from the last sale price (AED 1.4M, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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