Market bulletin · Thu, 22 Oct 2026
Elite Business Bay Residence: 0 sales worth AED 0 in 30 days
Elite Business Bay Residence recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Elite Business Bay Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by Range 4 Development.
Leases registered in the last three months had a median annual rent of AED 54K. The best gross yield is on Studio apartments at about 10.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 1,149 |
| Nov 25 | — |
| Oct 25 | AED 1,626 |
| Sept 25 | AED 1,304 |
| Aug 25 | AED 1,488 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 1,162 |
| Jan 25 | — |
| Dec 24 | AED 1,356 |
| Nov 24 | AED 1,254 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 2 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 16 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 3 | up 200.0% | AED 2.35M | — | — |
| Last 6 months | 4 | down 85.2% | AED 3.61M | — | — |
| Last 12 months | 31 | down 40.4% | AED 26.6M | 1,209 | down 9.6% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 31 | 100% | AED 780K | 1,209 | down 9.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 22 | 71% | AED 551K | 1,152 | down 28.7% |
| 1 bedroom | 7 | 23% | AED 1.16M | 1,389 | up 10.6% |
| 2 bedrooms | 2 | 6% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 30 | 97% | AED 770K | 1,185 | down 11.6% |
| AED 2M–10M | 1 | 3% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 55K |
| Sept 26 | AED 53K |
| Aug 26 | AED 57K |
| Jul 26 | AED 56K |
| Jun 26 | AED 52K |
| May 26 | AED 65K |
| Apr 26 | AED 60K |
| Mar 26 | AED 66K |
| Feb 26 | AED 65K |
| Jan 26 | AED 64K |
| Dec 25 | AED 65K |
| Nov 25 | AED 68K |
| Oct 25 | AED 62K |
| Sept 25 | AED 60K |
| Aug 25 | AED 60K |
| Jul 25 | AED 60K |
| Jun 25 | AED 60K |
| May 25 | AED 63K |
| Apr 25 | AED 68K |
| Mar 25 | AED 64K |
| Feb 25 | AED 70K |
| Jan 25 | AED 72K |
| Dec 24 | AED 78K |
| Nov 24 | AED 60K |
- Leases (12M)
- 438
- New leases
- 61.6%
- Median rent 3M
- AED 54K
- Rent/sqft 3M
- AED 101
| Studio apartments | AED 57K / AED 551K | 10.3% |
|---|---|---|
| 1 BR apartments | AED 80K / AED 1.16M | 6.9% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 252 | AED 57K | AED 55K | 113 |
| 1 BR | 67 | AED 80K | AED 78K | 89 |
| 2 BR | 17 | AED 120K | AED 118K | 91 |
| 4 BR | 25 | AED 180K | AED 178K | 83 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 800K | Studio Apartment · 498 sqftElite Business Bay Residence · Business Bay | 7 Aug |
| AED 788K | Studio Apartment · 480 sqftElite Business Bay Residence · Business Bay | 14 Aug |
| AED 760K | Studio Apartment · 498 sqftElite Business Bay Residence · Business Bay | 22 Sept |
Questions about Elite Business Bay Residence
How many properties were sold in Elite Business Bay Residence in the last year?
31 sales worth AED 26.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Elite Business Bay Residence?
The median annual rent on leases registered in the last three months was AED 54K, and the best gross rental yield is about 10.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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