DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
ZoneIQ

Elite Business Bay Residence

Completed

by Range 4 Developments · Business Bay

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Elite Business Bay Residence is AED 800,000 (AED 1,391 per sqft), 41% below the Business Bay median of AED 2,367 per sqft, from 51 sales in the last 12 months. It is completed and trades as ready homes. The escrow account is at Mashreq Bank Psc.

Build progress100%
Planned handoverJan 2021
Units540
Median priceAED 800,000middle half AED 551K to AED 1.28M
Price / sqftAED 1,391area median AED 2,367
Sales, 12 months51789 since launch

Schedule check

Completed. Units trade as ready homes.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number1868
Escrow bankMashreq Bank Psc
Start date1 March 2017
Registered8 March 2017
DLD areaBusiness Bay
CommunityBusiness Bay

Compare with other projects in Business Bay

ProjectDeveloperStatusMedian pricePrice / sqftSales
Elite Business Bay ResidenceRange 4 DevelopmentsReadyAED 800K1,39151
Upside LivingSrg Real Estate DeveloperReadyAED 1.62M3,09455
Royal Regency SuitesAlseeb Real Estate Development56%AED 1.54M2,20554
Ontario TowerRose Homes InvestmentReadyAED 1.20M1,27353
Binghatti AquariseBinghatti Developers21%AED 2.02M2,619602
Hq By RoveIrth Urban Development1%AED 3.20M–328
Binghatti SkyhallBinghatti Developers31%AED 1.40M2,363232

Areas: Business Bay

Other projects by Range 4 Developments

Range 4 Developments

Projects at a similar price

Projects anywhere in Dubai with the closest median sale price.

Questions buyers ask

How much does a home in Elite Business Bay Residence cost?

The median DLD sale price is AED 800,000 (AED 1,391 per sqft), from 51 sales in the last 12 months. The middle half of sales ran from AED 551,260 – AED 1.28M.

Is Elite Business Bay Residence completed?

Yes. The DLD registry lists the project as completed, so units trade as ready homes.

Who is the developer of Elite Business Bay Residence?

Range 4 Developments. The DLD registry lists 2 projects by this developer, 2 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.