Elite Business Bay Residence

Completed|540 units · 1 tower

Elite Business Bay Residence is a completed development by TRIPLANET RANGE 2 INVESTMENTS LIMITED in Business Bay, comprising 540 registered units. 711 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,490 per sqft. At AED 1,490 per sqft, Elite Business Bay Residence prices 16% below the Business Bay median of AED 1,776 per sqft on registered sales.

PIX© price · ↓1.9% YoY

1.17MAED

Typical

1,490AED

PSF

Gross yield

6.2%

PIX© rent ÷ PIX© price

Sale records

711

DLD · all time

Rent contracts

2,043

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 4.2 km

DXB Airport16 min · 18.8 km

DIFC14 min · 9.2 km

Dubai Marina21 min · 20.8 km

Palm Jumeirah22 min · 23.2 km

Nearest · straight-line

Metro stationBusiness Bay1.4 km

MallRed Looms0.2 km

Schoolazgard_center0.2 km

HospitalMahan Poly Clinic0.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 23

…

1 Bed on Floor 23, Elite Business Bay Residence

Size
Record: Mar 2021 to Jun 2026
Owners: 5
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
3Tenant 3	24 Jun 2026			Owner 5
5Owner 5	31 Mar 2026		6 mo	Current owner Sold with tenant in place Mortgage
2Tenant 2	10 Jun 2025		12 mo	Renewal Owner 4
2Tenant 2	10 Jun 2024		12 mo	Owner 4
1Tenant 1	23 Dec 2023		5 mo	Ended early Owner 4
4Owner 4	31 May 2023		2.8 yrs	Mortgage
3Owner 3	27 Apr 2023		34 d
Owner 2	28 Dec 2021			Title registered
2Owner 2	28 Mar 2021		2.1 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 23 · Elite Business Bay Residence

Nightly rateAED

Occupancy (237 nights)

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Elite Business Bay Residence1,490AED/sqft · project-wide

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	1,490	↓1.9%		72K	6.2%
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
Shop 358 - 887 sqft	11	-	-	-	-		-

Sales - Project-Wide711 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
2 Sep 2026	Studio	Elite Business Bay Residence · Floor 19	506	750,000	1,483	+33.9%	Entry Level	Standard Sale
19 Aug 2026	Studio	Elite Business Bay Residence · Floor 16	495	830,000	1,677	-	Standard	Standard Sale
14 Aug 2026	Studio	Elite Business Bay Residence · Floor 1	480	787,500	1,641	+21.2%	Standard	Standard Sale

Rentals - Project-Wide2,043 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
7 Oct 2026	1 Bed	Elite Business Bay Residence · Floor 6	933	80,000	86	-	Standard	CONTRACT
1 Oct 2026	1 Bed	Elite Business Bay Residence · Floor 3	853	87,020	102	-	Premium	CONTRACT
29 Sep 2026	Studio	Elite Business Bay Residence · Floor 22	503	58,000	115	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Elite Business Bay Residence

Compared with

West Wharf

PIX© PSF

1,531

Rank

#25 of 34

#24 of 34

Typical price

1.24M

Yield

6.3%

Units

540

114

Sales

212

Rents

1,438

210

Developer

TRIPLANET RANGE 2 INVESTMENTS LIMITED

CAPITAL TRUST GULF LIMITED

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Hamilton Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	197					90	382
	Executive Bay A DAMAC · Completed	176					80	432
	Waters Edge DAMAC · Completed	222					91	403
	Bay Square Building 9 EMAAR · Completed	179					224	420
	West Wharf CAPITAL TRUST GULF LIMITED · Completed	114					82	210
25	Elite Business Bay Residence TRIPLANET RANGE 2 INVESTMENTS LIMITED · Completed	540	1,531	Subject	1.24M	6.3%	212	1,438
	Damac Maison The Vogue DAMAC · Completed	199					87	459
	AG Tower ARABIAN GULF PROPERTIES · Completed	596					100	1,187
	DAMAC Majestine DAMAC · Completed	506					146	1,420
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · Completed	300					190	9,420
	Avanti DAMAC · Completed	161					58	413

Community median 1,776 AED/sqft. Showing the closest-ranked peers of 34 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 26 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

DAMAC MajestineAED 1,492/sqft
AG TowerAED 1,494/sqft
Damac Maison The VogueAED 1,517/sqft
Ontario TowerAED 1,435/sqft
AvantiAED 1,426/sqft
West WharfAED 1,585/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 1,490 per sqft, or about AED 1,170,413 for a typical unit, based on 711 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.

Who is the developer of Elite Business Bay Residence?

Elite Business Bay Residence is developed by TRIPLANET RANGE 2 INVESTMENTS LIMITED, 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 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 2,043 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 -1.9% over the last 12 months, to AED 1,490, across 711 registered sales.