Bedroom typeBusiness Bay · Range 4 Developments · 2021

Studios in Elite Business Bay Residence

Studios in Business Bay. 30 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 5 November 2026
Typical price per sqftAED 1,411Down 15.0% on the year
Typical saleAED 700K30 sales
Typical rentAED 55K /yrAED 110 per sqft
Typical yield7.8%AED 12.83/sqft charge

About the studios in Elite Business Bay Residence

Elite Business Bay Residence has 317 studios, 60% of its 524 apartments, at 238 to 609 sqft. They are the most traded homes in the building: 30 of the 47 sales registered in the last 12 months were studios. The service charge is AED 12.83 per sqft a year.

30 studios sold in the 12 months to November 2026, at a median of AED 1,411 per sqft, down 15.0% on the year before. The median sale was AED 700,000, from AED 551,260 to 830,000, against a median of AED 1,388 per sqft for the building as a whole. 267 contracts registered over the same 12 months rented them for AED 44,000 to 97,000 a year, a gross yield of about 7.8% before the service charge.

Studios
317
Share of building
60%
Size
238–609 sqft
Last sale
4 November 2026
Building
Elite Business Bay Residence

Business Bay, Dubai

Average prices in Elite Business Bay Residence

Studios in Elite Business Bay Residence sell for around AED 700,000, or AED 1,411 per sqft, close to the building average. The other types: AED 1,260,000 for one-beds, AED 1,900,000 for two-beds and AED 2,660,000 for four-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Elite Business Bay Residence

1,2001,4001,6001,800May 2026Nov 20262025-11-27: AED 1,563, Studio, 480 sqft2025-12-05: AED 1,152, Studio, 478 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,152, Studio, 478 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,149, Studio, 480 sqft2025-12-05: AED 1,116, Studio, 494 sqft2025-12-05: AED 1,160, Studio, 475 sqft2025-12-05: AED 1,152, Studio, 478 sqft2025-12-16: AED 1,149, Studio, 480 sqft2025-12-19: AED 1,645, Studio, 492 sqft2026-01-26: AED 1,615, Studio, 492 sqft2026-01-28: AED 1,558, Studio, 501 sqft2026-02-06: AED 1,589, Studio, 503 sqft2026-03-25: AED 1,746, Studio, 475 sqft2026-03-31: AED 1,996, Studio, 401 sqft2026-05-22: AED 1,511, Studio, 480 sqft2026-06-26: AED 1,450, Studio, 503 sqft2026-08-07: AED 1,605, Studio, 498 sqft2026-08-14: AED 1,641, Studio, 480 sqft2026-08-19: AED 1,677, Studio, 495 sqft2026-09-02: AED 1,482, Studio, 506 sqft2026-09-22: AED 1,524, Studio, 498 sqft2026-11-03: AED 1,418, Studio, 494 sqft2026-11-04: AED 1,404, Studio, 498 sqftTrend: AED 1,273 to AED 1,649

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in Elite Business Bay Residence

  • CompletedStudio · 498 sqft 04 Nov 2026AED 700,0001,405 /sqft
  • CompletedStudio · 493 sqft 03 Nov 2026AED 700,0001,418 /sqft
  • CompletedStudio · 498 sqft 22 Sep 2026AED 760,0001,525 /sqft
  • CompletedStudio · 505 sqft 02 Sep 2026AED 750,0001,483 /sqft
  • CompletedStudio · 494 sqft 19 Aug 2026AED 830,0001,677 /sqft
  • CompletedStudio · 479 sqft 14 Aug 2026AED 787,5001,641 /sqft
  • CompletedStudio · 498 sqft 07 Aug 2026AED 800,0001,605 /sqft
  • CompletedStudio · 503 sqft 26 Jun 2026AED 730,0001,450 /sqft
  • CompletedStudio · 479 sqft 22 May 2026AED 725,0001,511 /sqft
  • CompletedStudio · 400 sqft 31 Mar 2026AED 800,0001,996 /sqft

Over the last 12 months, Elite Business Bay Residence has recorded 30 studio sales. Typical homes sold for around AED 700K (about AED 1,411 per sqft) with a median size of 480 sqft, from roughly AED 551K to AED 830K.

1–10 of 412

Studios in Elite Business Bay Residence

317 units
  • Unit 101Studio · 494 sqftSold AED 650K, Jan 2023
  • Unit 102Studio · 480 sqftSold AED 535K, Nov 2020
  • Unit 103Studio · 480 sqftSold AED 788K, Aug 2026
  • Unit 104Studio · 506 sqftSold AED 765K, Sep 2024
  • Unit 105Studio · 489 sqftSold AED 624K, Jan 2018
  • Unit 106Studio · 501 sqftSold AED 550K, Jun 2021
  • Unit 108Studio · 401 sqftSold AED 600K, Mar 2021
  • Unit 115Studio · 605 sqftSold AED 550K, Jul 2021
  • Unit 117Studio · 492 sqftSold AED 515K, May 2021
  • Unit 119Studio · 506 sqftSold AED 500K, Feb 2021
1–10 of 317
Every unit in Elite Business Bay Residence, by number

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
West Wharf TowerAED 1,5876.9%
The QuaysideAED 2,5205.1%
Executive Bay AAED 1,4057.5%
Executive Bay PodiumFew sales
Executive Bay BFew sales
1–5 of 186 · nearest first

Elite Business Bay Residence studios in numbers

  • Across 30 DLD sales in the 12 months to November 2026, the median price in Studios in Elite Business Bay Residence was AED 1,411 per sqft and the typical home sold for about AED 700K.
  • Completed in 2021 by Range 4 Developments; 23 floors of studios to four-beds; service charge AED 12.83 per sqft a year.
  • Studios of 238 to 609 sqft sold for AED 551,260 to 830,000 between November 2025 and November 2026, a median AED 1,411 per sqft.
  • A studio of 238 to 609 sqft rents for AED 44,000 to 97,000 a year on the 267 contracts registered in the last 12 months.
  • Gross rental yield 7.8%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 5 November 2026.

Questions

How much does a studio in Elite Business Bay Residence cost?

30 studios sold in the 12 months to November 2026, for AED 551,260 to 830,000; the median was AED 700,000, or AED 1,411 per sqft.

How much is a studio for rent in Elite Business Bay Residence?

About AED 55,000 a year: that is the median of the 267 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 44,000 to 97,000.

What is the rental yield in Elite Business Bay Residence?

About 7.8% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Elite Business Bay Residence gone up?

The median price per sqft fell from about AED 1,661 to AED 1,411 over the 12 months to November 2026, down 15.0%, on 30 sales against 14 the year before.

What is the service charge in Elite Business Bay Residence?

AED 12.83 per sqft a year. For a typical 238 sqft home that is about AED 3,100 a year.

Who built Elite Business Bay Residence and when?

Range 4 Developments; completed in 2021; 23 floors; 524 apartments.

How many studios are there in Elite Business Bay Residence?

317, of 238 to 609 sqft, 60% of the building's 524 apartments.

For sale with OpenOffers in Business Bay

No Business Bay property is on the board today. Follow Business Bay to hear the day one is listed, or see what is for sale across Dubai with every offer public.