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Sold for AED 1,130,000: 1-Bedroom Apartment in Elite Business Bay Residence

Its price per sqft is −18% vs the Elite Business Bay Residence median (AED 1,467/sqft).

All Business Bay salesElite Business Bay Residence prices

Sale price

AED 1,130,000

Per sqft
AED 1,209
Registered
6 Jan 2026, 10:15 (Dubai)
Elite Business Bay Residence, Dubai

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in Elite Business Bay Residence: same layout, exact size (934 sqft) and parking bay B3-09. The registry has no unit numbers, so records are matched on these details.

  1. 6 Jan 2026This sale

    934 sqft · AED 1,209/sqft · Ready

    First recordAED 1,130,000

  2. 6 Jan 2026Mortgage

    Same day as previous · 934 sqft · AED 968/sqft · Ready

    20%lower than the previous recordAED 904,000
Records
2
Registered
Same day
as the mortgage, 6 Jan 2026
Loan to value
80%
AED 904K mortgage on the AED 1.13M sale

02 / The property

Property details

Size
934 sqft · 86.8 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B3-09
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Elite Business Bay Residence (6 Jan 2026 – 22 Sept 2026)

26 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
22 Sept 20262.66M+136% vs selected1,227+1% vs selected
22 Sept 20262.67M+136% vs selected1,218+1% vs selected
22 Sept 20262.65M+134% vs selected1,221+1% vs selected
22 Sept 20261.54M+36% vs selected1,175−3% vs selected
22 Sept 20262.66M+135% vs selected1,2140% vs selected
22 Sept 2026760K−33% vs selected1,525+26% vs selected
2 Sept 2026750K−34% vs selected1,483+23% vs selected
19 Aug 2026830K−27% vs selected1,677+39% vs selected
14 Aug 2026787.5K−30% vs selected1,641+36% vs selected
7 Aug 2026800K−29% vs selected1,605+33% vs selected
31 Jul 2026718K−36% vs selected1,451+20% vs selected
26 Jun 2026730K−35% vs selected1,450+20% vs selected
24 Jun 20262.76M+144% vs selected1,258+4% vs selected
22 May 2026725K−36% vs selected1,511+25% vs selected
15 May 20261.26M+12% vs selected1,389+15% vs selected
7 Apr 20261.13M0% vs selected1,319+9% vs selected
31 Mar 2026800K−29% vs selected1,996+65% vs selected
31 Mar 20261.2M+6% vs selected1,407+16% vs selected
25 Mar 2026830K−27% vs selected1,747+44% vs selected
18 Feb 20262.25M+99% vs selected1,718+42% vs selected
6 Feb 2026800K−29% vs selected1,589+31% vs selected
3 Feb 20261.85M+64% vs selected1,980+64% vs selected
28 Jan 2026780K−31% vs selected1,558+29% vs selected
26 Jan 2026795K−30% vs selected1,615+34% vs selected
7 Jan 20261.3M+15% vs selected1,391+15% vs selected
1 BR · 934 sqftReadySelected sale
6 Jan 20261.13M1,209

04 / Renting it out

What similar apartments rent for

Median of 7 market rents of apartments of 794–1,074 sq ft in Elite Business Bay Residence. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 75,000
Per sqft / yr
AED 86/sqft
Gross yield
6.6%