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Elite Business Bay Residence is a completed apartment development by RANGE 4 DEVELOPMENTS L.L.C in Business Bay, comprising 540 registered units. 768 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,511 per sqft. At AED 1,511 per sqft, Elite Business Bay Residence prices 38% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 358 – 2,191 sqft | 540 | 1.17M | 1,511 | ↓1.4% | 71K | 6.1% | |
| Residential | |||||||
Studio · Apartment 401 – 609 sqft | 322 | ||||||
1 Bed · Apartment 811 – 934 sqft | 115 | ||||||
2 Bed · Apartment 1,309 – 1,343 sqft | 46 | ||||||
4 Bed · Apartment 2,168 – 2,191 sqft | 46 | ||||||
| Commercial | |||||||
Office — | — | — | — | — | — | — | — |
Shop 358 – 887 sqft | 11 | — | — | — | — | — | |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 14 Aug 2026 | Floor 1 | 480 | 787,500 | 1,641 | +21.2% | Premium | Standard Sale |
| 7 Aug 2026 | Floor 18 | 498 | 800,000 | 1,605 | +30.1% | Standard | Standard Sale |
| 31 Jul 2026 | Floor 2 | 495 | 718,000 | 1,451 | +11.3% | Entry Level | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 789 rentals |
| Floors 1-9 | 283 rentals |
| Floor 10 | 39 rentals |
| Floors 11-23 | 467 rentals |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 29 Sep 2026 | — | 503 | 58,000 | 115 | — | Standard | renewal |
| 27 Aug 2026 | — | 506 | 68,000 | 134 | — | Premium | renewal |
| 15 Aug 2026 | Floor 21 | 492 | 59,912 | 122 | -24.4% | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- West Bay TowerAED 1,513/sqft
- Executive Bay BAED 1,505/sqft
- The BayAED 1,501/sqft
- The MertopolisAED 1,524/sqft
- Ag TowerAED 1,534/sqft
- The CosmopolitanAED 1,535/sqft
Common questions about Elite Business Bay Residence
Answered from Dubai Land Department registered transactions.
How much does a property in Elite Business Bay Residence cost?
Property in Elite Business Bay Residence sells at a current PIX© price of AED 1,511 per sqft, or about AED 1,171,496 for a typical unit, based on 768 sales registered with the Dubai Land Department.
Is Elite Business Bay Residence completed?
Yes. Elite Business Bay Residence is recorded as completed in the Dubai Land Department project register (completed q1 2021).
Who is the developer of Elite Business Bay Residence?
Elite Business Bay Residence is developed by RANGE 4 DEVELOPMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Elite Business Bay Residence?
Elite Business Bay Residence yields 6.1% gross, calculated from current PIX© rent against current PIX© sale price, across 1,980 registered Ejari contracts.
How many units are in Elite Business Bay Residence?
Elite Business Bay Residence holds 540 registered units, per the Dubai Land Department unit register.
Have prices in Elite Business Bay Residence gone up or down?
Price per sqft has fallen -1.4% over the last 12 months, to AED 1,511, across 768 registered sales.