Key Metrics
Median Price
- Value
- AED 820,000
- Change
- 10.5% YoY
Transactions
- Value
- 772
- Change
- 51 in period
Price / sqft
- Value
- AED 1,391
Handover Status
- Value
- P1
- Change
- Delivered — ready sale recorded
Median Price
AED 820,000
↓ 10.5% YoY
Transactions
772
↑ 51 in period
Price / sqft
AED 1,391
Handover
P1
Delivered
Investment Analytics
Capital Return
- Value
- 18.1%
Holding Period
- Value
- 2.2 yrs
Liquidity
- Value
- 9.6%
Price Dispersion
- Value
- 16.1%
Ready Market Mix
- Value
- 33.3%
Rental Activity
- Value
- 66.7%
Capital Return
18.1%
Holding Period
2.2 yrs
Liquidity
9.6%
Price Dispersion
16.1%
Ready Market Mix
33.3%
Rental Activity
66.7%
Rental Performance
Rental Volume
- Value
- 1,820
Avg Annual Rent
- Value
- AED 73,851
New Leases
- Value
- 74.2%
Renewals
- Value
- 25.8%
Rental Volume
1,820
Avg Annual Rent
AED 73,851
New Leases
74.2%
Renewals
25.8%
Unit Mix
By bedroom typeTransaction Breakdown
All time — 772 transactionsOff-Plan Primary
150
19%
Ready Primary
371
48%
Ready Secondary
251
33%
Price History
Median Price — Elite Business Bay Residence
Median prices in Elite Business Bay Residence have declined significantly, down 27% to AED 830K over the past 12 months.
Recent Transactions
Showing last 10 of 772| Date | Type | Price (AED) | AED/sqft | |
|---|---|---|---|---|
| Mar 31, 2026 | RP Secondary | 1,200,000 | 853 | 1,406 |
| Mar 31, 2026 | RP Secondary | 800,000 | 400 | 1,996 |
| Mar 25, 2026 | RP Primary | 830,000 | 475 | 1,746 |
| Feb 18, 2026 | RP Secondary | 2,250,000 | 1,309 | 1,718 |
| Feb 06, 2026 | RP Secondary | 800,000 | 503 | 1,589 |
| Feb 03, 2026 | RP Secondary | 1,850,000 | 934 | 1,980 |
| Jan 28, 2026 | RP Secondary | 780,000 | 500 | 1,558 |
| Jan 26, 2026 | RP Secondary | 795,000 | 492 | 1,615 |
| Jan 07, 2026 | RP Secondary | 1,300,000 | 934 | 1,391 |
| Jan 06, 2026 | RP Secondary | 1,130,000 | 934 | 1,209 |
This project is in Business Bay
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