Developer: Range Developments · Business Bay

Elite Business Bay

Elite Business Bay is a residential project by Range Developments in Business Bay, Dubai, with prices from AED 551 000, construction 100% complete per the DLD registry, 540 units, 791 DLD-registered sales since 2015.

Price fromAED 551 000Our calculation
Unit typesStudio · 1 · 2 · 4 BR410–2 200 ft²Developer supplied
StatusReadyDLD registry

Layouts and sizes

TypeBedroomsSize, sq.ft
Studiostudio410–490
One Bedroom1800–860
Two Bedroom21 275
Four Bedroom42 200

Payment plan 50/50 Plan

The purchase price is split into these stages.

150%Before handover
250%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Compare with similar projects

A broker will compare this project with 3 similar ones: prices, handover dates and payment plans.

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Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 551 000 AED is 2 327 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Construction started01.03.2017
  • HandoverReady To Move in
  • Status date12.11.2020
  • Escrow bankMashreq Bank
  • DLD project number1868

Data from the Dubai Land Department project registry (updated 13.11.2026 05:55).

Inspection history 6
025507510018.10.201712.11.2020
Actual, per inspections
Construction progress 120
12.11.2020 100.00%
Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 1 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 2 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 3 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 4 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 5 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 6 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 7 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 8 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 9 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 10 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 11 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 12 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 13 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 14 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 15 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 16 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 17 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 18 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 19 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 20 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 21 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 22 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 23 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 24 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 25 of 26Elite Business Bay, Business Bay construction progress — 12 November 2020, 100.00% complete, photo 26 of 26
06.07.2020 85.52%
Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 1 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 2 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 3 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 4 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 5 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 6 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 7 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 8 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 9 of 10Elite Business Bay, Business Bay construction progress — 6 July 2020, 85.52% complete, photo 10 of 10

84 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
04.11.2026Studio46.3700 000
03.11.2026Studio45.9700 000
23.09.20262 BR121.61 539 000
23.09.20264 BR201.52 647 500
23.09.20264 BR203.42 667 000
23.09.20264 BR201.52 661 200
22.09.20264 BR203.42 658 000
22.09.2026Studio46.3760 000
02.09.2026Studio47.0750 000
20.08.2026Studio46.0830 000
14.08.2026Studio44.6787 500
07.08.2026Studio46.3800 000
03.08.2026Studio46.0718 000
29.06.2026Studio46.8730 000
24.06.20264 BR203.52 755 000
22.05.2026Studio44.6725 000
15.05.20261 BR84.31 260 000
07.04.20261 BR79.31 125 000
31.03.2026Studio37.2800 000
31.03.20261 BR79.31 200 000
25.03.2026Studio44.1830 000
18.02.20262 BR121.62 250 000
09.02.2026Studio46.8800 000
03.02.20261 BR86.81 850 000
28.01.2026Studio46.5780 000
26.01.2026Studio45.7795 000
07.01.20261 BR86.81 300 000
06.01.20261 BR86.81 130 000
25.12.20251 BR86.71 062 878
19.12.2025Studio45.7810 000
18.12.20251 BR86.81 300 000
16.12.2025Studio44.6551 260
08.12.2025Studio44.5551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.5551 260
08.12.2025Studio45.9551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.1551 260
08.12.2025Studio44.5551 260
08.12.2025Studio44.6551 260
08.12.2025Studio44.6551 260
28.11.2025Studio44.6750 000
21.11.20251 BR75.41 300 000
14.11.20252 BR121.61 900 000
31.10.2025Studio46.8855 000
28.10.20251 BR75.81 156 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
11.11.2026Studio44.157 000
05.11.2026Studio47.050 000
05.11.2026Studio56.662 000
05.11.2026Studio46.553 000
04.11.2026Studio56.360 000
04.11.20261bed room+Hall86.880 000
03.11.2026Studio44.168 000
02.11.20264 bed rooms+hall203.4155 000
01.11.2026Studio56.356 000
01.11.20261bed room+Hall86.772 000
29.10.2026Studio45.752 000
28.10.2026Studio46.857 000
28.10.20261bed room+Hall75.470 000
27.10.20264 bed rooms+hall201.5180 000
26.10.20261bed room+Hall79.390 000
26.10.2026Studio46.055 000
26.10.2026Studio46.053 000
25.10.20261bed room+Hall86.878 000
23.10.2026Studio44.652 000
20.10.2026Studio56.660 000

Dubai Land Department transaction registry, updated 12.11.2026. Explore Dubai property transactions →

Registered transactions in Elite Business Bay

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

791deals since 2015
13 069AED per m², median
81%resale, the rest bought from the developer
-2%over the past year
7.5%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +3% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio46605 00013 152413
1 bedroom84975 00011 607218
2 bedrooms1221 622 40513 29887
4 bedrooms2032 500 00012 31572

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +9% on the price per square metre in this building. The district moved +36% over the same period, so the building lagged the market.

13 2592017——
14 1742018——
15 3222019——
12 6242020——
12 12120218046.6%
13 19220229257.0%
14 03120231 0797.7%
15 26420241 1917.8%
14 38320251 2348.6%
15 6192026*1 1107.1%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Estimate a unit in this building from DLD sales

Based on 50 registered DLD sales in Elite Business Bay between 28 Oct 2025 and 4 Nov 2026: median 14 977 AED/m² (1 391 AED/sq ft); half of the deals fell between 12 402 and 16 813 AED/m². This is transaction statistics, not a valuation of a specific unit: floor, view, finish and condition move the price.

TypeIndicative priceDealsMedian AED/m²Median area, m²
StudioAED 689 0003215 43844.6
1 BRAED 1 281 0001014 97785.5
2 BRAED 1 899 000315 620121.6
4 BRAED 2 673 000513 142203.4
Get an exact valuation

Source: Dubai Land Department open data, the latest up to 50 sales in the building; areas as registered; refreshed daily. Deals outside 3,000–200,000 AED/m² are excluded.

PDF shortlist · updated 1 November 2026

Business Bay: new projects and prices

30 projects · prices from DLD and developers

  1. Chic Tower by de Grisogono Chic Tower by de Grisogono Business Bay · Studio, 1–4 BR from AED 823,000
  2. Binghatti Skyrise Binghatti Skyrise Business Bay · Studio, 1–3 BR from AED 975,000
  3. Binghatti Skyhall Binghatti Skyhall Business Bay · Studio, 1 BR from AED 985,000

27 more in the PDF: prices, handover dates, payment plans

The PDF opens instantly. Refreshed monthly from DLD data.

How much is your property in Elite Business Bay worth?

DLD has recorded 791 sales in this building since 2015, 641 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Amenities

  • Temperature-controlled pool
  • Retail
  • Waterfront
  • Covered car parking
  • Gymnasium
  • Jacuzzi
  • Steam rooms
Elite Business Bay

About the project

Elite Business Bay is a finished residential development by Range Developments in Business Bay, alongside Dubai Water Canal and next to Downtown Dubai. The project comprises 540 units and was completed at 100% on 31 January 2021. It contains fully furnished studios and one-, two- and four-bedroom apartments.

The project

Elite Business Bay is a residential development in Business Bay. The building is presented as a 20-storey scheme with furnished apartments and a waterfront setting alongside Dubai Water Canal. The development has one building and 540 units. Its residential offering includes studios and apartments with one, two or four bedrooms. The project is next to Downtown Dubai, and the development is described as having views towards Dubai Creek and Burj Khalifa. Retail forms part of the project’s listed facilities, adding a commercial component to the residential address.

Apartment types and sizes

The apartment selection at Elite Business Bay starts with studios ranging from 410 to 490 sq ft. One-bedroom apartments range from 800 to 860 sq ft. Two-bedroom homes are listed at 1,275 sq ft, while four-bedroom apartments are listed at 2,200 sq ft. Across the available layouts, total apartment areas therefore range from 410 to 2,200 sq ft. Every apartment type is identified as fully furnished. The range spans compact studio residences through to four-bedroom homes within the same Business Bay development.

Resident amenities

Elite Business Bay includes a temperature-controlled pool, gymnasium, jacuzzi and steam rooms. Covered car parking is also listed among the resident facilities. The development includes retail and is positioned alongside the waterfront at Dubai Water Canal. These facilities sit alongside the project’s furnished apartment offering, covering recreation, fitness, parking and on-site retail. The temperature-controlled pool, gymnasium, jacuzzi and steam rooms are named facilities within the development rather than off-site neighbourhood venues.

Business Bay setting

The project is located in Business Bay, immediately next to Downtown Dubai and alongside Dubai Water Canal. Downtown Dubai, Dubai International Airport, Sheikh Zayed Road, Al Khail Road, the Metro Line and water taxis are identified in connection with the development’s setting. Business Bay is a mixed-use district on Dubai Canal with office towers, residential high-rises, waterfront promenades and a marina precinct. It is connected to Sheikh Zayed Road and Al Khail Road and is served by the Dubai Metro Red Line. The district combines commercial and residential buildings within central Dubai’s urban corridor.

Nearby places

Action Park Business Bay is 0.8 km from Elite Business Bay. Dubai Bowling Center is 1.1 km away, while Bay Avenue Mall & Park is 1.2 km away and Bay Avenue Park is 1.3 km away. The Fountains at Dubai Mall are 2.0 km away, and Safa Park is 2.2 km away. Cinema City at Address Dubai Mall is 2.3 km away, with Reel Cinemas at Dubai Mall at 2.4 km. The Track Meydan Golf is 5.0 km away, Dubai Hills Golf Club is 6.5 km away, and Dubai Creek Golf & Yacht Club is 10.0 km away.

Completion and project status

Elite Business Bay is finished, with a recorded completion ratio of 100.00%. Construction commenced on 1 March 2017. The recorded completion date is 31 January 2021, and the project was inspected on 12 November 2020. The development is a single-building project containing 540 units. Its current finished status distinguishes it from a construction-stage purchase: the recorded project completion has been reached. The apartments include studios and one-, two- and four-bedroom configurations, with the furnished residential offering set within Business Bay.

The developer

Range Developments is the developer of Elite Business Bay. The company was founded in 2012. Elite Business Bay is delivered as a 540-unit residential project in Business Bay, with apartment types ranging from studios to four-bedroom homes. The project’s recorded construction period began in March 2017 and concluded with a completion date of 31 January 2021. Within the development, the residential specification includes fully furnished apartments, while the listed facilities include a pool, gymnasium, jacuzzi, steam rooms, covered car parking and retail.

Service charge, 2025

Approved rate15.07 AED▼ -3.1% per sq ft per year · 162 AED/m²
General / reserve fund14.44 / 0.63AED/sq ft · additional 592.96
vs Business Bay median▼ -24.9%median 20.06 · rank 11/90
A 1,000 sq ft unit≈ 15,070 AEDper year · ≈ $4,103

Managed by Universal Community Management · budget 1 Jan 2025 — 31 Dec 2025

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “Elite Business Bay Residence”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Who is the developer of Elite Business Bay?
Elite Business Bay is developed by Range Developments, a company founded in 2012.
Where is Elite Business Bay located?
Elite Business Bay is in Business Bay, alongside Dubai Water Canal and next to Downtown Dubai.
What apartment types are available at Elite Business Bay?
The development includes studios and one-, two- and four-bedroom apartments. All apartment types are listed as fully furnished.
What are the apartment sizes at Elite Business Bay?
Studios range from 410 to 490 sq ft, one-bedroom apartments from 800 to 860 sq ft, two-bedroom apartments are 1,275 sq ft, and four-bedroom apartments are 2,200 sq ft.
What amenities does Elite Business Bay have?
Facilities include a temperature-controlled pool, gymnasium, jacuzzi, steam rooms, covered car parking and retail.
Is Elite Business Bay completed?
Yes. Elite Business Bay is finished with a recorded completion ratio of 100.00%.
When was Elite Business Bay completed?
The recorded completion date is 31 January 2021. Construction started on 1 March 2017.
How many units are in Elite Business Bay?
Elite Business Bay contains 540 units in one building.
What is near Elite Business Bay?
Action Park Business Bay is 0.8 km away, Bay Avenue Mall & Park is 1.2 km away, and the Fountains at Dubai Mall are 2.0 km away.
How can I buy an apartment in Elite Business Bay?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

More projects by Range Developments

All 2 projects by Range Developments →

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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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/

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