# Elite Business Bay

Range Developments · Business Bay · Dubai

## Commercial terms

| Field | Value | Origin |
|---|---|---|
| Starting price | AED 551 000 | Our calculation |
| Units | 540 | DLD registry |
| Declared handover | Ready To Move in | Developer supplied |
| Payment plan | 50/50 Plan | Developer supplied |

## Unit types

| Type | Bedrooms | Units | Size, ft² | Price from, AED |
|---|---|---|---|---|
| Studio | studio |  | 410–490 |  |
| One Bedroom | 1 |  | 800–860 |  |
| Two Bedroom | 2 |  | 1 275 |  |
| Four Bedroom | 4 |  | 2 200 |  |

Origin: Developer supplied

## Dubai Land Department register

| Field | Value | Origin |
|---|---|---|
| DLD project number | 1868 | DLD registry |
| Construction | 100% | DLD registry |
| DLD inspection date | 2020-11-12 | DLD registry |
| Registry status | Ready | DLD registry |
| Escrow bank | Mashreq Bank | DLD registry |

### DLD inspection history

| Date | Completion |
|---|---|
| 2017-10-18 | 4.4% |
| 2019-01-13 | 21.29% |
| 2020-02-02 | 51.24% |
| 2020-04-09 | 60.24% |
| 2020-07-06 | 85.52% |
| 2020-11-12 | 100% |

> Completion is recorded at a DLD technical inspection. An unchanged value between two dates means no new inspection, not a stopped site. The declared handover is the date held in the register or stated by the developer, not the actual completion.

## Registered sales (DLD)

| Field | Value | Origin |
|---|---|---|
| Sales registered, 2015–2026 | 791 | DLD registry |
| Median price per m², 2015–2026 | AED 13 069 | Our calculation |
| Resale share | 81% | Our calculation |
| Sales in the last 12 months | 48 | DLD registry |
| Price per m² change, last 12 months vs previous 12 | -2% | Our calculation |
| Gross rental yield | 7.5% | Our calculation |

### Medians by bedrooms, all sales 2015–2026

| Type | Deals | Median price, AED | Median size, m² | AED per m² |
|---|---|---|---|---|
| Studio | 413 | 605 000 | 46 | 13 152 |
| 1 bedroom | 218 | 975 000 | 84 | 11 607 |
| 2 bedrooms | 87 | 1 622 405 | 122 | 13 298 |
| 4 bedrooms | 72 | 2 500 000 | 203 | 12 315 |

> Medians cover all registered sales over the whole period and are not today's asking price.

## Sales history (DLD): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Sales in total: 791, from 2015-11-24 to 2026-11-04. A median is shown where a period has at least 3 sales.

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| **Last 12 months** | 48 | 795 000 | 14 977 | 1 391 | 100% |

### By year

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2015 | 1 | — | — | — | — |
| 2017 | 16 | 651 420 | 13 259 | 1 232 | 0% |
| 2018 | 22 | 650 000 | 14 174 | 1 317 | 0% |
| 2019 | 16 | 944 290 | 15 322 | 1 423 | 0% |
| 2020 | 101 | 652 000 | 12 624 | 1 173 | 37% |
| 2021 | 377 | 765 000 | 12 121 | 1 126 | 92% |
| 2022 | 52 | 610 000 | 13 192 | 1 226 | 100% |
| 2023 | 87 | 1 121 924 | 14 031 | 1 304 | 100% |
| 2024 | 43 | 945 000 | 15 264 | 1 418 | 100% |
| 2025 | 48 | 830 000 | 14 383 | 1 336 | 100% |
| 2026 | 28 | 830 000 | 15 619 | 1 451 | 100% |

### By quarter

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2015-Q4 | 1 | — | — | — | — |
| 2017-Q4 | 16 | 651 420 | 13 259 | 1 232 | 0% |
| 2018-Q1 | 5 | 602 530 | 13 521 | 1 256 | 0% |
| 2018-Q2 | 6 | 650 000 | 14 569 | 1 354 | 0% |
| 2018-Q3 | 6 | 645 000 | 14 308 | 1 329 | 0% |
| 2018-Q4 | 5 | 663 000 | 14 124 | 1 312 | 0% |
| 2019-Q1 | 1 | — | — | — | — |
| 2019-Q2 | 6 | 858 341 | 18 815 | 1 748 | 0% |
| 2019-Q3 | 8 | 1 177 664 | 15 285 | 1 420 | 0% |
| 2019-Q4 | 1 | — | — | — | — |
| 2020-Q1 | 10 | 650 000 | 14 308 | 1 329 | 0% |
| 2020-Q2 | 2 | — | — | — | — |
| 2020-Q3 | 12 | 650 000 | 14 473 | 1 345 | 0% |
| 2020-Q4 | 77 | 665 000 | 12 013 | 1 116 | 48% |
| 2021-Q1 | 198 | 854 545 | 12 733 | 1 183 | 84% |
| 2021-Q2 | 110 | 590 000 | 11 965 | 1 112 | 100% |
| 2021-Q3 | 31 | 630 000 | 12 343 | 1 147 | 100% |
| 2021-Q4 | 38 | 593 100 | 12 071 | 1 121 | 100% |
| 2022-Q1 | 2 | — | — | — | — |
| 2022-Q2 | 11 | 618 520 | 13 894 | 1 291 | 100% |
| 2022-Q3 | 19 | 605 000 | 13 192 | 1 226 | 100% |
| 2022-Q4 | 20 | 620 000 | 13 130 | 1 220 | 100% |
| 2023-Q1 | 18 | 700 000 | 14 436 | 1 341 | 100% |
| 2023-Q2 | 18 | 975 000 | 13 730 | 1 276 | 100% |
| 2023-Q3 | 6 | 760 000 | 16 253 | 1 510 | 100% |
| 2023-Q4 | 45 | 1 230 872 | 13 899 | 1 291 | 100% |
| 2024-Q1 | 12 | 1 200 000 | 14 227 | 1 322 | 100% |
| 2024-Q2 | 8 | 1 019 185 | 13 825 | 1 284 | 100% |
| 2024-Q3 | 14 | 885 000 | 16 552 | 1 538 | 100% |
| 2024-Q4 | 9 | 830 000 | 16 827 | 1 563 | 100% |
| 2025-Q1 | 7 | 1 100 000 | 13 846 | 1 286 | 100% |
| 2025-Q2 | 4 | 1 140 000 | 14 916 | 1 386 | 100% |
| 2025-Q3 | 12 | 1 150 000 | 15 645 | 1 453 | 100% |
| 2025-Q4 | 25 | 551 260 | 12 402 | 1 152 | 100% |
| 2026-Q1 | 10 | 1 130 000 | 17 388 | 1 615 | 100% |
| 2026-Q2 | 5 | 1 125 000 | 14 947 | 1 389 | 100% |
| 2026-Q3 | 11 | 830 000 | 15 619 | 1 451 | 100% |
| 2026-Q4 | 2 | — | — | — | — |

### Latest registered sales (anonymised)

| Date | Type | Size, m² | Price, AED | AED/m² | Market |
|---|---|---|---|---|---|
| 2026-11-04 | Studio | 46.3 | 700 000 | 15 119 | resale |
| 2026-11-03 | Studio | 45.9 | 700 000 | 15 264 | resale |
| 2026-09-23 | 2 BR | 121.6 | 1 539 000 | 12 652 | resale |
| 2026-09-23 | 4 BR | 201.5 | 2 647 500 | 13 142 | resale |
| 2026-09-23 | 4 BR | 203.4 | 2 667 000 | 13 113 | resale |
| 2026-09-23 | 4 BR | 201.5 | 2 661 200 | 13 210 | resale |
| 2026-09-22 | 4 BR | 203.4 | 2 658 000 | 13 069 | resale |
| 2026-09-22 | Studio | 46.3 | 760 000 | 16 415 | resale |
| 2026-09-02 | Studio | 47 | 750 000 | 15 961 | resale |
| 2026-08-20 | Studio | 46 | 830 000 | 18 055 | resale |
| 2026-08-14 | Studio | 44.6 | 787 500 | 17 669 | resale |
| 2026-08-07 | Studio | 46.3 | 800 000 | 17 279 | resale |
| 2026-08-03 | Studio | 46 | 718 000 | 15 619 | resale |
| 2026-06-29 | Studio | 46.8 | 730 000 | 15 612 | resale |
| 2026-06-24 | 4 BR | 203.5 | 2 755 000 | 13 536 | resale |
| 2026-05-22 | Studio | 44.6 | 725 000 | 16 267 | resale |
| 2026-05-15 | 1 BR | 84.3 | 1 260 000 | 14 947 | resale |
| 2026-04-07 | 1 BR | 79.3 | 1 125 000 | 14 194 | resale |
| 2026-03-31 | Studio | 37.2 | 800 000 | 21 488 | resale |
| 2026-03-31 | 1 BR | 79.3 | 1 200 000 | 15 140 | resale |

## Rental history (Ejari): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Contracts in total: 2 083, from 2020-11-29 to 2026-11-05. Rent is annual.

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| **Last 12 months** | 409 | 60 000 | 1 115 |

### By year

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2020 | 7 | 75 000 | 640 |
| 2021 | 342 | 40 000 | 804 |
| 2022 | 294 | 48 000 | 925 |
| 2023 | 313 | 55 000 | 1 079 |
| 2024 | 355 | 60 000 | 1 191 |
| 2025 | 399 | 63 000 | 1 234 |
| 2026 | 373 | 60 000 | 1 110 |

### By quarter

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2020-Q4 | 7 | 75 000 | 640 |
| 2021-Q1 | 120 | 40 000 | 800 |
| 2021-Q2 | 99 | 37 000 | 787 |
| 2021-Q3 | 79 | 40 000 | 800 |
| 2021-Q4 | 44 | 43 000 | 913 |
| 2022-Q1 | 71 | 45 000 | 915 |
| 2022-Q2 | 92 | 43 000 | 915 |
| 2022-Q3 | 69 | 50 000 | 957 |
| 2022-Q4 | 62 | 58 000 | 1 022 |
| 2023-Q1 | 68 | 55 000 | 1 087 |
| 2023-Q2 | 72 | 58 000 | 1 065 |
| 2023-Q3 | 107 | 52 500 | 1 073 |
| 2023-Q4 | 66 | 66 150 | 1 117 |
| 2024-Q1 | 62 | 65 000 | 1 117 |
| 2024-Q2 | 76 | 60 000 | 1 234 |
| 2024-Q3 | 121 | 58 000 | 1 170 |
| 2024-Q4 | 96 | 65 000 | 1 191 |
| 2025-Q1 | 75 | 66 500 | 1 162 |
| 2025-Q2 | 72 | 60 000 | 1 277 |
| 2025-Q3 | 149 | 60 000 | 1 234 |
| 2025-Q4 | 103 | 65 000 | 1 234 |
| 2026-Q1 | 77 | 65 000 | 1 356 |
| 2026-Q2 | 66 | 60 000 | 1 117 |
| 2026-Q3 | 159 | 53 538 | 1 070 |
| 2026-Q4 | 71 | 57 000 | 1 095 |

### Latest registered rental contracts (anonymised)

| Date | Type | Size, m² | Rent, AED/year | AED/m² per year |
|---|---|---|---|---|
| 2026-11-11 | Studio | 44.1 | 57 000 | 1 291 |
| 2026-11-05 | Studio | 47 | 50 000 | 1 064 |
| 2026-11-05 | Studio | 56.6 | 62 000 | 1 095 |
| 2026-11-05 | Studio | 46.5 | 53 000 | 1 139 |
| 2026-11-04 | Studio | 56.3 | 60 000 | 1 067 |
| 2026-11-04 | 1 BR | 86.8 | 80 000 | 922 |
| 2026-11-03 | Studio | 44.1 | 68 000 | 1 541 |
| 2026-11-02 | 4 BR | 203.4 | 155 000 | 762 |
| 2026-11-01 | Studio | 56.3 | 56 000 | 996 |
| 2026-11-01 | 1 BR | 86.7 | 72 000 | 831 |

## Sources and provenance

- DLD registry — taken from the Dubai Land Department register as recorded.
- Developer supplied — stated by the developer; prices change without notice.
- Our calculation — computed by us from the first two.

## Links

- Project page: https://continentalclub.ae/project/elite-business-bay-business-bay/
- The same record as JSON: https://continentalclub.ae/project/elite-business-bay-business-bay.json
- Methodology and origin labels: https://continentalclub.ae/methodology/#provenance
- RU: https://continentalclub.ae/ru/project/elite-business-bay-business-bay-ru/

Record updated: 2026-11-11

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How to cite: "Elite Business Bay — Continental Club Property, from Dubai Land Department registry and developer data, 2026-11-11, https://continentalclub.ae/project/elite-business-bay-business-bay/"