Register check · ELITE BUSINESS BAY RESIDENCE · Business Bay
What does an apartment in ELITE BUSINESS BAY RESIDENCE actually cost?
On the resale market the median of registered prices was most recently around AED 900,000 for a 1-bedroom (about AED 1,030 per sqft) and around AED 1,450,000 for a 2-bedroom (about AED 1,102 per sqft). These are actually registered sales, not asking prices.
Source: DLD transaction register, anonymised, analysed by The Access House. As of 22.09.2026. 935 registered transactions since 24.11.2015.
The registered prices in detail
| Type | Sales | Median price | Median AED/sqft | Areas (sqft) |
|---|---|---|---|---|
| Studio | 321 | 597,600 AED | 1,213 | 401 to 610 |
| 1 bedroom | 164 | 900,000 AED | 1,030 | 270 to 934 |
| 2 bedrooms | 51 | 1,450,000 AED | 1,102 | 1,309 to 1,343 |
Only genuine transfers (procedure Sell, Sale, Delayed Sell). Mortgages and grants are excluded.
| Type | Sales | Median price | Median AED/sqft |
|---|---|---|---|
| Studio | 87 | 635,000 AED | 1,287 |
| 1 bedroom | 24 | 980,000 AED | 1,122 |
Off-plan also includes early, cheaper launch prices. That is why completed resale can trade above the off-plan median per sqft.
Last registered sale
22.09.2026: a 2 bedrooms, around 1,309 sqft, at AED 1,539,000. That is AED 1,175 per sqft.
Rental yield, gross
| Type | Rent p.a. | Purchase price (resale) | Gross |
|---|---|---|---|
| Studio | 60,000 AED | 597,600 AED | 10.0 % |
| 1 bedroom | 85,000 AED | 900,000 AED | 9.4 % |
| 2 bedrooms | 122,500 AED | 1,450,000 AED | 8.4 % |
What the numbers say, and what they do not
- The register knows no condition. Whether a unit is renovated, high floor or with a view is not in it. The range within one type shows that, not the median.
- The yield is gross. Service charge, vacancy and management lower the net yield, which we calculate case by case.
- Resale and off-plan are shown separately. A portal listing is almost always resale, so the fair comparison is the upper table.
Have a concrete offer in ELITE BUSINESS BAY RESIDENCE?
Send it to us. We tell you where the asking price stands against the latest registered sales in the same building, in percent, with the date, without glossing over it.