About Elite Business Bay Residence
Elite Business Bay Residence is a residential tower by Range 4 Developments, in Business Bay, Dubai. It rises 29 storeys (3 basement levels, a ground floor, 4 podium levels, 24 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 540 homes.
Key information
Developer
Range 4 Developments
- Handover
- Q1 2021
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2017
- Number of buildings
- 1
- Number of units
- 540
- Registered with DLD
- 08 Mar 2017
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019500000152
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2017
- Handed overQ1 2021
Construction progress
56 inspection photos from the Dubai Land Department. Latest 12 Nov 2020 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
9 Elevators
31 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
744
Median price
AED 750K
Median price / sqft
AED 1K+25%
Off-plan share
18%
Priced 29% below than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 409 | 491 sqft | AED 621K | AED 1K |
| 1 Bed | 202 | 848 sqft | AED 949K | AED 1K |
| 2 Bed | 70 | 1,323 sqft | AED 1.5M | AED 1K |
| 4 Bed | 63 | 2,146 sqft | AED 2.4M | AED 1K |
Price per sqft by year
+25% since 2017AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 02 Sept 2026 | Resale | 506 sqft | AED 750K | AED 1K |
| 20 Aug 2026 | Resale | 495 sqft | AED 830K | AED 2K |
| 14 Aug 2026 | Resale | 480 sqft | AED 788K | AED 2K |
| 07 Aug 2026 | Resale | 498 sqft | AED 800K | AED 2K |
| 03 Aug 2026 | Resale | 495 sqft | AED 718K | AED 1K |
| 29 Jun 2026 | Resale | 503 sqft | AED 730K | AED 1K |
| 24 Jun 2026 | Resale | 2,191 sqft | AED 2.8M | AED 1K |
| 22 May 2026 | Resale | 480 sqft | AED 725K | AED 2K |
Unit mix
540 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 11 | - |
| Studio | 322 | 401 - 610 sqft |
| 1 B/R | 115 | 812 - 934 sqft |
| 2 B/R | 46 | 1,309 - 1,343 sqft |
| 4 B/R | 46 | 2,168 - 2,191 sqft |
Payment plan
Payment plans are set by Range 4 and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Elite Business Bay Residence has already been handed over (Q1 2021), according to Dubai Land Department records.
