Project · Transactions · 2020

Elite Business Bay Residence Property Transactions 2020

108 property sales worth ⃃ 84.83M were registered in Elite Business Bay Residence in 2020, 575.0% higher than 2019 by number of sales. The median sale price was ⃃ 650,000 and the median price per square foot ⃃ 1,182 (−16.4% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 108 salesUpdated: 18 Oct 2026
Property sales
108
+575.0% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 84.83M
+421.5% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 650,000
−29.5% vs 2019
108 sales
Median price per sq ft
⃃ 1,182
−16.4% vs 2019
108 sales

What types of property sold in Elite Business Bay Residence in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments108100%⃃ 84.83M⃃ 650,000⃃ 1,182

How were 2020 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)108100%⃃ 84.83M⃃ 650,000⃃ 1,182
Off-plan5450%⃃ 39.3M⃃ 650,000⃃ 1,255
Ready5450%⃃ 45.53M⃃ 627,500⃃ 1,079

How many rental contracts were registered in Elite Business Bay Residence in 2020?

13 rental contracts (new and renewed) were registered in Elite Business Bay Residence in 2020, at a median annual rent of ⃃ 75,000. Rental yields in Elite Business Bay Residence

What were the most expensive property sales in Elite Business Bay Residence in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/12/2020Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,520,000Primary · Ready
30/12/2020Elite Business Bay Residence4 beds · Apartment2,168 sq ft⃃ 2,420,000Primary · Ready
11/12/2020Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,000,000Primary · Ready
10/12/2020Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 1,980,000Primary · Ready
10/12/2020Elite Business Bay Residence4 beds · Apartment2,168 sq ft⃃ 1,950,000Primary · Ready
06/10/2020Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,410,000Primary · Off-plan
12/11/2020Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,300,000Primary · Ready
30/12/2020Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,290,000Primary · Ready
16/11/2020Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,200,000Primary · Ready
01/11/2020Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,190,000Primary · Off-plan

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
31/12/2020Elite Business Bay ResidenceStudio · Apartment501 sq ft⃃ 594,900Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment506 sq ft⃃ 594,900Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment506 sq ft⃃ 597,600Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment506 sq ft⃃ 592,200Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment501 sq ft⃃ 592,200Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment506 sq ft⃃ 608,400Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment506 sq ft⃃ 605,700Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment501 sq ft⃃ 600,300Primary · Ready
31/12/2020Elite Business Bay ResidenceStudio · Apartment506 sq ft⃃ 600,300Primary · Ready
30/12/2020Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,290,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2020 with the whole of 2019.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

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-transactions/elite-business-bay-residence/2020
Elite Business Bay Residence Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/elite-business-bay-residence/2020

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

Frequently asked questions

How many properties were sold in Elite Business Bay Residence in 2020?
108 property sales worth ⃃ 84,828,650 were registered in Elite Business Bay Residence in 2020. That is 575.0% higher than 2019.
What was the median property price in Elite Business Bay Residence in 2020?
The median sale price was ⃃ 650,000 and the median price per square foot ⃃ 1,182 (1 Jan – 31 Dec 2020).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/elite-business-bay-residence/2020