Home›Projects›ELITE BUSINESS BAY RESIDENCE

ELITE BUSINESS BAY RESIDENCE

by RANGE 4 DEVELOPMENTS L.L.C·BUSINESS BAYResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Mar 1, 2017
Expected Handover
Jan 31, 2021
Total Units
540
Avg Unit Size
795 sqft
Freehold Ratio
100%
Escrow Agent
Mashreq Bank PJSC
Median Price
AED 830K
PSF
AED 1,558/sqft
Sales 12M
19
vs Area
-40.1%
Asset Turnover
ⓘ
3.5%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
540
Avg Unit Size
795 sqft
1BR
21.3%
2BR
8.5%
4BR+
8.5%
Studio
59.6%
NA
2.0%

Room Configuration

Unit TypeCountShare
Studio32259.6%
1BR11521.3%
2BR468.5%
4BR+468.5%
NA112.0%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
Studio60.9%
322 units
64.7%
33 sold
1.06✓ BALANCED
1BR21.7%
115 units
25.5%
13 sold
1.18✓ BALANCED
2BR8.7%
46 units
5.9%
3 sold
0.68⚠️ LOW DEMAND
4BR+8.7%
46 units
3.9%
2 sold
0.45⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
19 Aug 2026
Published 20 Aug 2026
BUSINESS BAYStudioAED 830KAED 1,677/sqftReadyFreehold
14 Aug 2026
BUSINESS BAYStudioAED 788KAED 1,641/sqftReadyFreehold
7 Aug 2026
BUSINESS BAYStudioAED 800KAED 1,605/sqftReadyFreehold
31 Jul 2026
Published 3 Aug 2026
BUSINESS BAYStudioAED 718KAED 1,451/sqftReadyFreehold
26 Jun 2026
Published 29 Jun 2026
BUSINESS BAYStudioAED 730KAED 1,450/sqftReadyFreehold
24 Jun 2026
BUSINESS BAY4BR+AED 2.75MAED 1,258/sqftReadyFreehold
22 May 2026
BUSINESS BAYStudioAED 725KAED 1,511/sqftReadyFreehold
15 May 2026
BUSINESS BAY1BRAED 1.26MAED 1,389/sqftReadyFreehold
7 Apr 2026
BUSINESS BAY1BRAED 1.13MAED 1,319/sqftReadyFreehold
31 Mar 2026
BUSINESS BAYStudioAED 800KAED 1,996/sqftReadyFreehold
31 Mar 2026
BUSINESS BAY1BRAED 1.20MAED 1,407/sqftReadyFreehold
25 Mar 2026
BUSINESS BAYStudioAED 830KAED 1,747/sqftReadyFreehold
18 Feb 2026
BUSINESS BAY2BRAED 2.25MAED 1,718/sqftReadyFreehold
6 Feb 2026
Published 9 Feb 2026
BUSINESS BAYStudioAED 800KAED 1,589/sqftReadyFreehold
3 Feb 2026
BUSINESS BAY1BRAED 1.85MAED 1,980/sqftReadyFreehold
28 Jan 2026
BUSINESS BAYStudioAED 780KAED 1,558/sqftReadyFreehold
26 Jan 2026
BUSINESS BAYStudioAED 795KAED 1,615/sqftReadyFreehold
7 Jan 2026
BUSINESS BAY1BRAED 1.30MAED 1,391/sqftReadyFreehold
6 Jan 2026
BUSINESS BAY1BRAED 1.13MAED 1,209/sqftReadyFreehold
25 Dec 2025
BUSINESS BAY1BRAED 1.06MAED 1,139/sqftReadyFreehold
19 Dec 2025
BUSINESS BAYStudioAED 810KAED 1,646/sqftReadyFreehold
18 Dec 2025
BUSINESS BAY1BRAED 1.30MAED 1,391/sqftReadyFreehold
16 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,149/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,152/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,117/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,149/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,149/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,160/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,149/sqftReadyFreehold
8 Dec 2025
BUSINESS BAYStudioAED 551KAED 1,149/sqftReadyFreehold
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