Building · Business Bay

Properties for sale in Elite Business Bay Residence

Nothing for sale here with McCone right now — 711 sales are on record at the Dubai Land Department, below.

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 →

Living in Business Bay — the area guide →

What a mortgage on a Elite Business Bay Residence purchase costs a month — and the cash you need on the day →

Median sale price

AED 800K

48 sales · the last 12 months

Mean AED 980K

Median per sq ft

AED 1,399

-7.5% on the year before

Mean AED 1,411

Against Business Bay

96 of 106

Community median AED 2,561 / sq ft

Activity, 90 days

7 sales

0.5× its usual pace · 21st of 35 busiest in Business Bay

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,214

1,315

1,422

1,173

1,093

1,224

1,304

1,465

1,336

1,535

2017201820192020202120222023202420252026

The low was 2021 at AED 1,093 a square foot, and it has recovered 40% 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	480 sqft	780,000	737,808	1,585	67
1 B/R	907 sqft	1,175,000	1,150,339	1,319	55
2 B/R	1,309 sqft	1,713,327	1,759,959	1,276	19
4 B/R	2,189 sqft	2,604,000	2,497,645	1,262	16

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
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
24 Jun 2026	4 B/R	2,191	2,755,000	1,258
22 May 2026	Studio	480	725,000	1,511
15 May 2026	1 B/R	907	1,260,000	1,389
7 Apr 2026	1 B/R	853	1,125,000	1,319
31 Mar 2026	1 B/R	853	1,200,000	1,407
31 Mar 2026	Studio	401	800,000	1,996

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

101

310

2017201820192020202120222023202420252026

Of the 711 sales on record, 118 were bought off-plan from the developer and 593 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 96th most expensive of the 106 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
93	Safeer Tower 2	17	1,428
94	Safeer Tower 1	15	1,418
95	Damac Maison The Vogue	17	1,401
96	Elite Business Bay Residence	48	1,399
97	East Heights 3	18	1,369
98	Scala Tower	18	1,346
99	Damac Towers by Paramount Tower D	42	1,335

Business Bay as a whole: AED 2,561 a square foot across 7,327 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Elite Business Bay Residence ranks 21st of the 35 Business Bay buildings with five or more completed-home sales in the ninety days to 10 Sept 2026. These are the five ahead of it, and its own row.

Rank	Building	Sales, 90 days	Against its usual pace
1	Peninsula Three	42	1.9×
2	Peninsula Four	31	New to resale
3	Peninsula Two	22	29.3×
4	Noura Tower	17	1.7×
5	Nobles Tower	16	1.1×
· · ·
21	Elite Business Bay Residence	7	0.5×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 10 Sept 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.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 10 Sept 2026.

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	155	2026	3,490
Bay Square Building 9	383	2015	1,228
Millennium Binghatti Residences	359	2018	1,215
Scala Tower	456	2009	1,212
Crystal Tower	22	2026	1,200
West Heights 2	412	2011	1,183
Vezul Residence	184	2021	1,161
Ontario Tower	402	2009	1,159
Windsor Manor	525	2009	1,092

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 and the service charges, explained.

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