Elite Business Bay Residence
Range Developments · Business Bay · 540 homes · Completed
A completed Range Developments project in Business Bay: 540 homes, handed over in Nov 2020, on time against the Q1 2021 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,399 per sqft, 15% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q4 2017 | 1,214 | 16 |
| Q1 2020 | 1,327 | 10 |
| Q3 2020 | 1,316 | 12 |
| Q4 2020 | 1,116 | 77 |
| Q1 2021 | 1,183 | 198 |
| Q2 2021 | 1,112 | 110 |
| Q3 2021 | 1,147 | 31 |
| Q4 2021 | 1,121 | 38 |
| Q2 2022 | 1,291 | 11 |
| Q3 2022 | 1,226 | 19 |
| Q4 2022 | 1,214 | 20 |
| Q1 2023 | 1,329 | 18 |
| Q2 2023 | 1,271 | 18 |
| Q4 2023 | 1,291 | 45 |
| Q1 2024 | 1,312 | 12 |
| Q3 2024 | 1,529 | 14 |
| Q3 2025 | 1,436 | 12 |
| Q4 2025 | 1,152 | 25 |
| Q1 2026 | 1,602 | 10 |
| Q3 2026 | 1,451 | 11 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
46% under the Business Bay median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Elite Business Bay Residence handed over?
In Nov 2020, when the first ready-market sale was registered. The register declared completion for Q1 2021, so it handed over on time.
What do homes in Elite Business Bay Residence sell for?
From Jul 2025 to Jun 2026, 52 homes sold on the register at a median of AED 1,399 per sqft and AED 813K per home. By unit type: Studio AED 728K (32 sales), 1 BR AED 1.2M (15 sales). These are registered deeds, not the developer's price list.
Who built Elite Business Bay Residence?
Range Developments. The project is registered to Range Developments on the Dubai Land Department register, which lists 2 projects for the developer in Dubai, 0 of them under construction.
How many homes are in Elite Business Bay Residence?
540, as counted on the Dubai Land Department register. The declared mix: 322 studios, 115 1 BR, 46 2 BR, 46 4+ BR.
