# Elite Business Bay Residence

Elite Business Bay Residence is a project by Range 4 Developments L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 51 sales registered in the trailing 12 months at a median AED 800k (1 391 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Range 4 Developments L.L.C | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 8 Mar 2017 | DLD verified |
| Construction started | 1 Mar 2017 | DLD verified |
| Declared completion | 31 Jan 2021 | DLD verified |
| Units in the project | 540 | DLD verified |
| Project area | 39 893 sqm | DLD verified |
| Escrow agent | Mashreq Bank Psc | DLD verified |
| Project number | 1868 | DLD verified |

Elite Business Bay Residence is a project by Range 4 Developments L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 51 sales registered in the trailing 12 months at a median AED 800k (1 391 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 800k | -26.6% |
| Interquartile range | AED 551k – AED 1.28M | |
| Median price per sqft | 1 391 AED | -0.7% |
| Registered sales, 12 months | 51 | +59.4% |
| Off-plan share | 0.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 32 | AED 728k | 1 467 | 480 sqft | — | — |
| 1-bedroom apartments | 10 | AED 1.23M | 1 391 | 920 sqft | — | — |
| 2-bedroom apartments | 3 | — | — | — | — | — |
| 4-bedroom apartments | 6 | AED 2.66M | 1 220 | 2 179 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Sep 2026 | 7 | 1 221 | 1 216 – 1 355 |
| Aug 2026 | 4 | insufficient data | |
| Jul 2026 | 0 | insufficient data | |
| Jun 2026 | 2 | insufficient data | |
| May 2026 | 2 | insufficient data | |
| Apr 2026 | 1 | insufficient data | |
| Mar 2026 | 3 | insufficient data | |
| Feb 2026 | 3 | insufficient data | |
| Jan 2026 | 4 | insufficient data | |
| Dec 2025 | 17 | 1 149 | 1 149 – 1 152 |
| Nov 2025 | 3 | insufficient data | |
| Oct 2025 | 5 | 1 626 | 1 418 – 1 699 |
| Sep 2025 | 7 | 1 417 | 1 354 – 1 511 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

---

**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/elite-business-bay-residence/  
**Suggested citation:** Continental Club Property, "Elite Business Bay Residence", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/elite-business-bay-residence/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.