908, Elite Business Bay Residence
Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 908, Elite Business Bay Residence
What is 908 worth today?
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Source: Dubai Land Department. Updated 21 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 9th of 23
- Parking
- B2-110
- Developer
- Range 4 Developments
- Completed
- 2021
- Service charge
- AED 5,100 /yr
- Last sold
- AED 500K · March 2021
- Building
- Elite Business Bay Residence
About 908, Elite Business Bay Residence
908 is a studio of 401 sqft on the 9th 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 24 March 2021 for AED 500,000, or AED 1,247 per sqft, 3% above the AED 1,210 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 21 August 2026, is AED 65,000 a year: a gross yield of 13.0% on the 2021 price, before the service charge of about AED 5,100 a year.
Sales and rents for 908 over time
908 has sold once; the dashed line is the studio median of each year in the building.
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 908 sits
All 317 studios →908 last sold in March 2021 at AED 1,247 per sqft, 3% above what studios in Elite Business Bay Residence were fetching at the time (AED 1,210). 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. 908's AED 65,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 9th floor
All 524 units in Elite Business Bay Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | Studio | 494 sqft | AED 600KAED 599,860 · Sep 2021September 2021 | 50,000 /yr | |
| 902 | Studio | 480 sqft | AED 630KAED 630,000 · Nov 2021November 2021 | 60,000 /yr | |
| 903 | Studio | 480 sqft | AED 624KAED 624,160 · May 2022May 2022 | 50,000 /yr | |
| 904 | Studio | 506 sqft | AED 611KAED 611,100 · Jan 2021January 2021 | 50,000 /yr | |
| 905 | Studio | 489 sqft | AED 622KAED 622,000 · Sep 2019September 2019 | 65,000 /yr | |
| 906 | Studio | 501 sqft | AED 535KAED 535,000 · Jun 2021June 2021 | 52,000 /yr | |
| 907 | 2-bed | 1,343 sqft | AED 1.4MAED 1,400,000 · Aug 2022August 2022 | 140,000 /yr | |
| 909 | 2-bed | 1,309 sqft | AED 1.67MAED 1,666,453 · Dec 2023December 2023 | ||
| 910 | 1-bed | 796 sqft | AED 914KAED 914,030 · Nov 2017November 2017 | 70,000 /yr | |
| 911 | 1-bed | 853 sqft | AED 850KAED 850,000 · Nov 2021November 2021 | 82,000 /yr | |
| 912 | 1-bed | 934 sqft | AED 1.33MAED 1,326,000 · Sep 2025September 2025 | ||
| 913 | 1-bed | 933 sqft | AED 1.23MAED 1,230,872 · Dec 2023December 2023 | ||
| 914 | 1-bed | 907 sqft | AED 965KAED 965,000 · Mar 2021March 2021 | 75,000 /yr | |
| 915 | Studio | 605 sqft | AED 600KAED 599,860 · Feb 2021February 2021 | 53,000 /yr | |
| 916 | 4-bed | 2,172 sqft | AED 2.46MAED 2,461,540 · Jul 2021July 2021 | 190,000 /yr | |
| 917 | Studio | 492 sqft | AED 652KAED 652,000 · Jan 2022January 2022 | 50,000 /yr | |
| 918 | 4-bed | 2,191 sqft | AED 1.95MAED 1,950,000 · Jul 2021July 2021 | 160,000 /yr | |
| 919 | Studio | 506 sqft | AED 604KAED 604,310 · Nov 2017November 2017 | 50,000 /yr | |
| 920 | Studio | 503 sqft | AED 665KAED 665,000 · Mar 2021March 2021 | 48,000 /yr | |
| 921 | Studio | 475 sqft | AED 650KAED 650,000 · Aug 2025August 2025 | 52,000 /yr | |
| 922 | Studio | 478 sqft | AED 700KAED 700,000 · Nov 2023November 2023 | 60,000 /yr | |
| 923 | Studio | 482 sqft | AED 600KAED 599,860 · Aug 2019August 2019 | 80,000 /yr |
908, Elite Business Bay Residence in numbers
- Sold once: by Range 4 Developments on 24 March 2021 for AED 500,000, or AED 1,247 per sqft.
- Rented since August 2023 on 4 Ejari contracts, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2021 price is 13.0%, before a service charge of about AED 5,100 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 21 August 2026.
Questions about 908, Elite Business Bay Residence
What did unit 908 last sell for?
AED 500,000 on 24 March 2021, sold by the developer: AED 1,247 per sqft for 401 sqft. It is the only registered sale of the unit.
What is the rent for unit 908?
AED 65,000 a year on the contract renewed on 21 August 2026. The previous contract, from August 2025, was AED 64,826; the unit has been rented since August 2023.
How big is unit 908?
401 sqft (37.3 sqm): a studio on the 9th floor of a 23-storey tower completed in 2021.
What is unit 908 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 908, Elite Business Bay Residence
Starts from the last sale price (AED 500K, 24 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →