Elite Business Bay Residence Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
118 developer launch sales registered at Elite Business Bay Residence between Oct 2017 and Dec 2020: 100% apartments, most commonly studio units, typically around 493 sqft.
Bed mix: Studio 74% · 1-bed 20% · 2-bed 6%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Elite Business Bay Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q4 | 16 | AED 1,214 |
| 2018 Q1 | 5 | AED 1,256 |
| 2018 Q2 | 6 | AED 1,341 |
| 2018 Q3 | 6 | AED 1,323 |
| 2018 Q4 | 5 | AED 1,312 |
| 2019 Q1 | 1 | AED 1,083 |
| 2019 Q2 | 6 | AED 1,720 |
| 2019 Q3 | 8 | AED 1,419 |
| 2019 Q4 | 1 | AED 1,272 |
| 2020 Q1 | 10 | AED 1,327 |
| 2020 Q2 | 2 | AED 1,257 |
| 2020 Q3 | 12 | AED 1,316 |
| 2020 Q4 | 40 | AED 1,145 |
Launch vs Resale
Elite Business Bay Residence also has 566 ready-market resales registered with the DLD, the first on 23 November 2020 - 37 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Resale prices and recent transactions at Elite Business Bay Residence →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Business Bay
Off-plan in Business Bay
Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.
All Business Bay projects