4-bed · 2,191 sqftElite Business Bay Residence, Business Bay · 9th floor · completed 2021

918, Elite Business Bay Residence

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 918 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 1.95M1 July 2021
Current rentAED 160K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 918, Elite Business Bay Residence

What is 918 worth today?

Last sold for AED 1,950,000 in 2021

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15 Jul 2026RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
1 Aug 2025RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft
1 Jul 2021Sold by developerReady
AED 1,950,000AED 890 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
4-bed apartment
Size
2,191 sqft
Floor
9th of 23
Parking
B2-95, B2-96
Developer
Range 4 Developments
Completed
2021
Service charge
AED 28,100 /yr
Last sold
AED 1.95M · July 2021

About 918, Elite Business Bay Residence

918 is a four-bedroom apartment of 2,191 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 1 July 2021 for AED 1,950,000, or AED 890 per sqft, 10% below the AED 989 four-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 July 2026, is AED 160,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 28,100 a year.

Sales and rents for 918 over time

Sales
Unit 918, each saleTypical four-bed in Elite Business Bay Residence
2M2.5M2020202220242026Typical sale price by year: 2020 AED 2,000,000; 2021 AED 2,417,406; 2023 AED 2,680,230; 2024 AED 2,600,000; 2026 AED 2,661,200Sold by developer, July 2021: AED 1,950,000 (AED 890 per sqft)

918 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 918, each contractTypical four-bed in Elite Business Bay Residence
150K200K2021202320252027Typical rent by year: 2021 AED 135,000; 2022 AED 160,000; 2023 AED 172,500; 2024 AED 195,250; 2025 AED 190,000; 2026 AED 160,000New contract, August 2025: AED 175,000 a yearNew contract, July 2026: AED 160,000 a year

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 918 sits

All 46 4-beds →

918 last sold in July 2021 at AED 890 per sqft, 10% below what four-beds in Elite Business Bay Residence were fetching at the time (AED 989). 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. 918's AED 160,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
22 Sep 20262,647,500
22 Sep 20262,667,000
22 Sep 20262,658,000
22 Sep 20262,661,200
5 4-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 60K /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
9072-bedAED 1.4M · Aug 2022
1–7 of 22

918, Elite Business Bay Residence in numbers

  • Sold once: by Range 4 Developments on 1 July 2021 for AED 1,950,000, or AED 890 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, from AED 175,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 8.2%, before a service charge of about AED 28,100 a year (AED 12.83 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 15 July 2026.

Questions about 918, Elite Business Bay Residence

What did unit 918 last sell for?

AED 1,950,000 on 1 July 2021, sold by the developer: AED 890 per sqft for 2,191 sqft. It is the only registered sale of the unit.

What is the rent for unit 918?

AED 160,000 a year on the contract signed on 15 July 2026. The previous contract, from August 2025, was AED 175,000.

How big is unit 918?

2,191 sqft (203.6 sqm): a four-bedroom apartment on the 9th floor of a 23-storey tower completed in 2021.

What is unit 918 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 918, Elite Business Bay Residence

Starts from the last sale price (AED 1.95M, 1 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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