This Could Be Us is the seventh track on Prince's 37th album Art Official Age. A remix of the track (titled This Could B Us) is the fifth track on Prince's 38th album Hitnrun Phase One, and This Could B Us was released as the album's third single (though only its first following the album's release) ten days before the album's release.
While specific recording dates are not known, it is assumed to have been recorded in Spring 2014 at Paisley Park Studios in Chanhassen, Minnesota. The Hitnrun Phase One remix contains additional recording believed to have taken place in early 2015 at Paisley Park Studios.
The track was first mentioned in a 23 June 2014 article by Jon Bream in the Minneapolis Star Tribune (along with The Gold Standard, a remix of Funknroll and an unnamed duet with Rita Ora, possibly Ain't About To Stop or The Single Most Amazing). In the article, Bream mentions that Prince explained the track as
"inspired by a meme of him and Apollonia riding on a motorcycle, clearly a scene taken from the 1984 movie Purple Rain. It’s a joyful ballad with some ecstatic Prince vocalizing."
On 26 June 2014, a 35-second snippet of This Could Be Us was made available on 3rdEyeGirl Twitter account via a dropbox link.