Project · Transactions · 2024

Elite Business Bay Residence Property Transactions 2024

43 property sales worth ⃃ 50.2M were registered in Elite Business Bay Residence in 2024, 50.6% lower than 2023 by number of sales. The median sale price was ⃃ 945,000 and the median price per square foot ⃃ 1,417 (+9.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 43 salesUpdated: 17 Oct 2026
Property sales
43
−50.6% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 50.2M
−52.0% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 945,000
−15.5% vs 2023
43 sales
Median price per sq ft
⃃ 1,417
+9.7% vs 2023
43 sales

What types of property sold in Elite Business Bay Residence in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments43100%⃃ 50.2M⃃ 945,000⃃ 1,417

How were 2024 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
Resale (secondary)43100%⃃ 50.2M⃃ 945,000⃃ 1,417
Ready43100%⃃ 50.2M⃃ 945,000⃃ 1,417

How many rental contracts were registered in Elite Business Bay Residence in 2024?

379 rental contracts (new and renewed) were registered in Elite Business Bay Residence in 2024, at a median annual rent of ⃃ 60,000 (+9.1% on 2023). Rental yields in Elite Business Bay Residence

What were the most expensive property sales in Elite Business Bay Residence in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/07/2024Elite Business Bay Residence4 beds · Apartment2,168 sq ft⃃ 2,925,000Resale · Ready
04/09/2024Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,600,000Resale · Ready
15/01/2024Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,600,000Resale · Ready
18/01/2024Elite Business Bay Residence4 beds · Apartment2,189 sq ft⃃ 2,400,000Resale · Ready
30/04/2024Elite Business Bay Residence2 beds · Apartment1,309 sq ft⃃ 2,100,000Resale · Ready
09/07/2024Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,800,000Resale · Ready
26/01/2024Elite Business Bay Residence2 beds · Apartment1,343 sq ft⃃ 1,774,822Resale · Ready
18/01/2024Elite Business Bay Residence2 beds · Apartment1,309 sq ft⃃ 1,550,000Resale · Ready
01/07/2024Elite Business Bay Residence1 bed · Apartment811 sq ft⃃ 1,250,000Resale · Ready
06/03/2024Elite Business Bay Residence1 bed · Apartment853 sq ft⃃ 1,200,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
25/12/2024Elite Business Bay ResidenceStudio · Apartment492 sq ft⃃ 780,000Resale · Ready
20/12/2024Elite Business Bay Residence1 bed · Apartment907 sq ft⃃ 1,150,000Resale · Ready
12/12/2024Elite Business Bay Residence1 bed · Apartment811 sq ft⃃ 1,100,000Resale · Ready
25/11/2024Elite Business Bay Residence1 bed · Apartment933 sq ft⃃ 1,170,000Resale · Ready
19/11/2024Elite Business Bay ResidenceStudio · Apartment480 sq ft⃃ 750,000Resale · Ready
06/11/2024Elite Business Bay ResidenceStudio · Apartment401 sq ft⃃ 780,000Resale · Ready
29/10/2024Elite Business Bay ResidenceStudio · Apartment503 sq ft⃃ 830,000Resale · Ready
28/10/2024Elite Business Bay Residence1 bed · Apartment853 sq ft⃃ 1,080,000Resale · Ready
15/10/2024Elite Business Bay ResidenceStudio · Apartment503 sq ft⃃ 790,000Resale · Ready
23/09/2024Elite Business Bay ResidenceStudio · Apartment498 sq ft⃃ 850,000Resale · 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 2024 with the whole of 2023.
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/2024
Elite Business Bay Residence Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/elite-business-bay-residence/2024

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 2024?
43 property sales worth ⃃ 50,201,855 were registered in Elite Business Bay Residence in 2024. That is 50.6% lower than 2023.
What was the median property price in Elite Business Bay Residence in 2024?
The median sale price was ⃃ 945,000 and the median price per square foot ⃃ 1,417 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/elite-business-bay-residence/2024