Elite Business Bay Residence
What people actually paid in Elite Business Bay Residence: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
717 sales are on record at the Dubai Land Department, below. 1 for rent →
Your agent in Business Bay
Sales
Buying in Elite Business Bay Residence? Leojo can walk you through what these numbers mean for you.
Leojo is marketing 7 homes for sale in Business Bay right now.
- Community
- Business Bay
- Nearest metro
- Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2020 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2017 — an off-plan sale
- Sales on record
- 717 — registered at the Dubai Land Department, the latest September 2026
- Off-plan share
- 16% — 118 bought off-plan from the developer, 599 resales of a completed home
Recorded rents and gross yield for Elite Business Bay Residence →
How Elite Business Bay Residence compares — every tower in Business Bay, ranked by recorded price →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 1,093 a square foot, and it has recovered 34% since.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| Studio | 486 sqft | 775,000 | 737,775 | 1,578 | 66 |
| 1 B/R | 907 sqft | 1,177,500 | 1,150,345 | 1,318 | 54 |
| 2 B/R | 1,309 sqft | 1,712,688 | 1,748,911 | 1,275 | 20 |
| 4 B/R | 2,180 sqft | 2,659,600 | 2,538,223 | 1,242 | 18 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Elite Business Bay Residence
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 23 Sept 2026 | 4 B/R | 2,168 | 2,661,200 | 1,227 |
| 23 Sept 2026 | 4 B/R | 2,189 | 2,667,000 | 1,218 |
| 23 Sept 2026 | 4 B/R | 2,168 | 2,647,500 | 1,221 |
| 23 Sept 2026 | 2 B/R | 1,309 | 1,539,000 | 1,175 |
| 22 Sept 2026 | Studio | 498 | 760,000 | 1,525 |
| 22 Sept 2026 | 4 B/R | 2,189 | 2,658,000 | 1,214 |
| 2 Sept 2026 | Studio | 506 | 750,000 | 1,483 |
| 20 Aug 2026 | Studio | 495 | 830,000 | 1,677 |
| 14 Aug 2026 | Studio | 480 | 787,500 | 1,641 |
| 7 Aug 2026 | Studio | 498 | 800,000 | 1,605 |
| 3 Aug 2026 | Studio | 495 | 718,000 | 1,451 |
| 29 Jun 2026 | Studio | 503 | 730,000 | 1,450 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 717 sales on record, 118 were bought off-plan from the developer and 599 were resales of a finished home. The changeover in 2020 is the handover. The 2026 bar is part-year.
In context
Where it sits in Business Bay
Elite Business Bay Residence is the 90th most expensive of the 99 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 87 | Mayfair Residency | 19 | 1,453 |
| 88 | AG Tower | 38 | 1,439 |
| 89 | Damac Maison The Vogue | 16 | 1,392 |
| 90 | Elite Business Bay Residence | 48 | 1,390 |
| 91 | East Heights 3 | 16 | 1,361 |
| 92 | Scala Tower | 16 | 1,346 |
| 93 | East Heights 4 | 32 | 1,339 |
Business Bay as a whole: AED 2,496 a square foot across 6,080 sales in the last twelve months.
Where the market is moving
The busiest buildings in Business Bay
Elite Business Bay Residence ranks 10th of the 36 Business Bay buildings with five or more completed-home sales in the ninety days to 26 Oct 2026. These are the five ahead of it, and its own row.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Peninsula Four | 50 | New to resale |
| 2 | Regalia By Deyaar | 42 | New to resale |
| 3 | Peninsula Three | 32 | 1.2× |
| 4 | Peninsula Two | 22 | 5.5× |
| 5 | Aykon City Tower C | 18 | 1.1× |
| 10 | Elite Business Bay Residence | 11 | 0.9× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 26 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.
Nearby
What else to look at in Business Bay
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Sobha Skyparksnewest | 83 | 2026 | 4,250 |
| Avarra by Palacenewest | 157 | 2026 | 3,490 |
| Bay Square Building 9 | 388 | 2015 | 1,228 |
| Millennium Binghatti Residences | 360 | 2018 | 1,217 |
| Scala Tower | 457 | 2009 | 1,211 |
| Crystal Tower | 24 | 2026 | 1,200 |
| West Heights 2 | 412 | 2011 | 1,183 |
| Vezul Residence | 185 | 2021 | 1,164 |
| Ontario Tower | 408 | 2009 | 1,159 |
| Windsor Manor | 527 | 2009 | 1,093 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Elite Business Bay Residence? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.