Project · Business Bay · Sale prices

Elite Business Bay Residence Apartments Prices 2026

The median sale price of an apartment in Elite Business Bay Residence was ⃃ 800,000 in the 12 months to 16 Oct 2026, based on 48 registered sales — 26.6% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 1,390 (−0.8% year on year). That is 35.2% below the Dubai-wide median of ⃃ 1,235,000 for the same apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 48 salesUpdated: 18 Oct 2026
Median sale price
⃃ 800,000
−26.6% YoY
48 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,390
−0.8% YoY
48 sales · the 12 months to 16 Oct 2026
Registered sales
48
+41.2% YoY
worth ⃃ 52M · the 12 months to 16 Oct 2026
Gross rental yield
7.75%
median rent ⃃ 62,000/yr · yield details

What are the key price figures for apartments in Elite Business Bay Residence?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 800,00012 months to 16 Oct 202648 sales; −26.6% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,39012 months to 16 Oct 202648 sales; −0.8% vs the same 12 months a year earlier
Number of sales4812 months to 16 Oct 2026+41.2% vs the same 12 months a year earlier
Total sales value⃃ 51,999,71812 months to 16 Oct 2026+45.0% vs the same 12 months a year earlier
Lowest / highest sale⃃ 551K – ⃃ 2.75M12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range400 – 2,190 sq ftall units on record529 units
Median annual rent⃃ 62,00012 months to 16 Oct 2026360 units currently rented
Gross rental yield7.75%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+5.0%12 months to 16 Oct 2026change in property value over the period
Units on record529current48 sold in the 12 months to 16 Oct 2026 (9.1% of stock)
Units available for sale172currentactive listings matched to units
Developer (primary) median price⃃ 650,000all time522 developer sales; ⃃ 1,150 per sq ft
Launch date08/03/2017—project record
Completion / handover date12/11/2020—project record

How much does each bedroom size cost in Elite Business Bay Residence?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
UnitMedian priceYoYPer sq ftSalesGross yield
Studio apartment⃃ 722,000−11.5%⃃ 1,450307.62%
1-bedroom apartment⃃ 1,230,000+7.0%⃃ 1,390106.5%
2-bedroom apartment⃃ 1,900,000+5.6%⃃ 1,45036.21%
4-bedroom apartment⃃ 2,661,000+2.4%⃃ 1,22056.54%

How have apartment prices in Elite Business Bay Residence changed since 2017?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2017–2026 (to 16 Oct 2026)
Elite Business Bay Residence median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
2017161,197
2018221,305
2019161,414
20201081,182
20213701,122
2022521,223
2023871,292
2024431,417
2025481,330
2026 YTD261,467
Registered sales and median price per sq ft by year, Elite Business Bay Residence, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)26part year⃃ 35.15M⃃ 977,500⃃ 1,467+10.2%
202548+11.6%⃃ 45.07M⃃ 825,000⃃ 1,330−6.1%
202443−50.6%⃃ 50.2M⃃ 945,000⃃ 1,417+9.7%
202387+67.3%⃃ 104.52M⃃ 1,118,720⃃ 1,292+5.6%
202252−85.9%⃃ 37.22M⃃ 607,500⃃ 1,223+9.1%
2021370+242.6%⃃ 370.75M⃃ 775,000⃃ 1,122−5.1%
2020108+575.0%⃃ 84.83M⃃ 650,000⃃ 1,182−16.4%
201916−27.3%⃃ 16.27M⃃ 922,145⃃ 1,414+8.3%
201822+37.5%⃃ 14.53M⃃ 647,500⃃ 1,305+9.0%
201716—⃃ 12.23M⃃ 650,010⃃ 1,197—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Elite Business Bay Residence compare with Business Bay and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricElite Business Bay ResidenceBusiness BayDubai
Median sale price⃃ 800,000⃃ 2,000,000⃃ 1,235,000
Median price per sq ft⃃ 1,390⃃ 2,450⃃ 1,730
Price per sq ft YoY−0.8%+0.9%+1.7%
Sales486,304142,843
Gross rental yield7.75%4.75%4.94%

What are the latest registered sales of apartments in Elite Business Bay Residence?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
22/09/2026Elite Business Bay Residence4 beds · Apartment2,168 sq ft⃃ 2,661,200⃃ 1,227Resale · Ready
22/09/2026Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,667,000⃃ 1,218Resale · Ready
22/09/2026Elite Business Bay Residence4 beds · Apartment2,168 sq ft⃃ 2,647,500⃃ 1,221Resale · Ready
22/09/2026Elite Business Bay Residence2 beds · Apartment1,309 sq ft⃃ 1,539,000⃃ 1,176Resale · Ready
22/09/2026Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,658,000⃃ 1,214Resale · Ready
22/09/2026Elite Business Bay ResidenceStudio Apartment498 sq ft⃃ 760,000⃃ 1,526Resale · Ready
02/09/2026Elite Business Bay ResidenceStudio Apartment506 sq ft⃃ 750,000⃃ 1,482Resale · Ready
19/08/2026Elite Business Bay ResidenceStudio Apartment495 sq ft⃃ 830,000⃃ 1,677Primary · Ready
14/08/2026Elite Business Bay ResidenceStudio Apartment480 sq ft⃃ 787,500⃃ 1,641Resale · Ready
07/08/2026Elite Business Bay ResidenceStudio Apartment498 sq ft⃃ 800,000⃃ 1,606Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/elite-business-bay-residence/apartments
Elite Business Bay Residence Apartments Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/elite-business-bay-residence/apartments

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Elite Business Bay Residence for apartments?
The median sale price of an apartment in Elite Business Bay Residence was ⃃ 800,000 in the 12 months to 16 Oct 2026, from 48 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Elite Business Bay Residence for apartments?
The median price per square foot of apartments in Elite Business Bay Residence was ⃃ 1,390 in the 12 months to 16 Oct 2026, −0.8% compared with the same 12 months a year earlier.
How many properties were sold in Elite Business Bay Residence in the last 12 months?
48 sales of apartments worth ⃃ 51,999,718 were registered in Elite Business Bay Residence in the 12 months to 16 Oct 2026 (+41.2% year on year).
Are property prices in Elite Business Bay Residence going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of apartments in Elite Business Bay Residence changed −0.8%. In calendar year 2025 it was ⃃ 1,330 (−6.1% on 2024), and ⃃ 1,467 so far in 2026.
What is the rental yield in Elite Business Bay Residence for apartments?
The gross rental yield of apartments in Elite Business Bay Residence is 7.75% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 62,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/elite-business-bay-residence/apartments