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ELITE BUSINESS BAY RESIDENCE, Business Bay: rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 81 sales and 799 rent contracts in ELITE BUSINESS BAY RESIDENCE, Business Bay. A studio apartment sold for a median AED 765K and rented for AED 58K a year: a gross yield of 7.6%. The Business Bay median for the same home type is 5.7% (last 12 months).

See every ELITE BUSINESS BAY RESIDENCE sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
Studio apartmentAED 765K1,5637.6%46
1-bed apartmentAED 1.16M1,3367.1%25
2-bed apartmentAED 1.85M1,3966.5%4
4-bed apartmentAED 2.66M1,2207.0%6

Rent guide: what tenants pay in ELITE BUSINESS BAY RESIDENCE

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
Studio apartmentAED 58KAED 4,875AED 54K – AED 63KAED 60KAED 58K534
1-bed apartmentAED 82KAED 6,833AED 79K – AED 85KAED 82KAED 82K169
2-bed apartmentAED 120KAED 10KAED 115K – AED 135KAED 120KAED 123K45
4-bed apartmentAED 185KAED 15KAED 174K – AED 197KAED 185KAED 192K51

Price and rent trend

Median sale price per sq ft (AED), by month
1,0001,2001,4001,6001,800Oct 2024Nov 2025Sep 2026 1,221Oct 2024: AED 1,571 per sq ftNov 2024: AED 1,563 per sq ftFeb 2025: AED 1,272 per sq ftJul 2025: AED 1,496 per sq ftSep 2025: AED 1,417 per sq ftOct 2025: AED 1,626 per sq ftNov 2025: AED 1,563 per sq ftDec 2025: AED 1,149 per sq ftJan 2026: AED 1,475 per sq ftFeb 2026: AED 1,718 per sq ftMar 2026: AED 1,747 per sq ftAug 2026: AED 1,623 per sq ftSep 2026: AED 1,221 per sq ft
Show as table
MonthAED per sq ft
Oct 20241,571
Nov 20241,563
Feb 20251,272
Jul 20251,496
Sep 20251,417
Oct 20251,626
Nov 20251,563
Dec 20251,149
Jan 20261,475
Feb 20261,718
Mar 20261,747
Aug 20261,623
Sep 20261,221
Median annual rent per sq ft (AED), by month
90100110120130Oct 2024Oct 2025Oct 2026 103Oct 2024: AED 107 per sq ft / yearNov 2024: AED 108 per sq ft / yearDec 2024: AED 110 per sq ft / yearJan 2025: AED 126 per sq ft / yearFeb 2025: AED 105 per sq ft / yearMar 2025: AED 109 per sq ft / yearApr 2025: AED 118 per sq ft / yearMay 2025: AED 122 per sq ft / yearJun 2025: AED 102 per sq ft / yearJul 2025: AED 115 per sq ft / yearAug 2025: AED 113 per sq ft / yearSep 2025: AED 116 per sq ft / yearOct 2025: AED 115 per sq ft / yearNov 2025: AED 113 per sq ft / yearDec 2025: AED 123 per sq ft / yearJan 2026: AED 128 per sq ft / yearFeb 2026: AED 128 per sq ft / yearMar 2026: AED 116 per sq ft / yearApr 2026: AED 106 per sq ft / yearMay 2026: AED 108 per sq ft / yearJun 2026: AED 99 per sq ft / yearJul 2026: AED 102 per sq ft / yearAug 2026: AED 99 per sq ft / yearSep 2026: AED 101 per sq ft / yearOct 2026: AED 103 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024107
Nov 2024108
Dec 2024110
Jan 2025126
Feb 2025105
Mar 2025109
Apr 2025118
May 2025122
Jun 2025102
Jul 2025115
Aug 2025113
Sep 2025116
Oct 2025115
Nov 2025113
Dec 2025123
Jan 2026128
Feb 2026128
Mar 2026116
Apr 2026106
May 2026108
Jun 202699
Jul 2026102
Aug 202699
Sep 2026101
Oct 2026103

More in Business Bay

PARK CENTRAL, THE COURT, CAPITAL BAY A, SAFEER TOWER 1, NOBLES, THE COSMOPOLITAN, EXECUTIVE BAY B, ONTARIO TOWER, MAJESTINE, WATER'S EDGE, CAPITAL BAY B, SAFEER TOWER 2, Bayz Tower, AVANTI TOWER, THE VOGUE, AG TOWER, REVA RESIDENCES, ZADA TOWER, MAYFAIR TOWER, 15 Northside, Business Bay overview

Quick answers

What is the rental yield in ELITE BUSINESS BAY RESIDENCE?

The median gross rental yield for a studio apartment in ELITE BUSINESS BAY RESIDENCE, Business Bay is 7.6%, based on DLD records for the 24 months to 5 October 2026.

How much does a studio apartment in ELITE BUSINESS BAY RESIDENCE cost?

The median sale price was AED 765K (AED 1,563 per sq ft) in the 24 months to 5 October 2026.