Your Guide to Apartments for Rent in Elite Business Bay Residence, Business Bay
Elite Business Bay Residence is a modern 31-floor apartment building completed in 2022, located in the vibrant Business Bay area. This well-connected development offers a range of apartments featuring balconies, built-in wardrobes, and central AC, making it suitable for families and professionals. Residents benefit from amenities such as a children's play area, shared gym, pool, covered parking, and 24/7 security, providing a comfortable and secure living environment.
Apartments for rent in Elite Business Bay Residence are affordably priced compared to the country average, with sizes ranging from 400 to 1300 sqft. Most units come with kitchen appliances and access to a lobby, making them ideal for long-term rental or relocating expats seeking a family home or investment property in a high-demand area.
Market Overview
Apartments for rent in Elite Business Bay Residence offer affordable daily prices starting at AED 450, with average monthly rents around AED 13,000 and yearly rents near AED 114,000, well below the country average. Sizes range from 400 to 1,300 sqft, ideal for various living needs. Most properties have balconies, built-in wardrobes, central AC, kitchen appliances, covered parking, and security, while many feature children's play areas, shared gyms, pools, and lobbies in this 31-floor building completed in 2022.
Property Prices in Elite Business Bay Residence, Business Bay
Monthly rent for apartments in Elite Business Bay Residence, Business Bay, is affordable, starting from AED 9,500 and averaging around AED 13,000. These apartments, ranging from 400 to 1,300 sqft, are popular among individuals and small families seeking well-priced options in a modern 31-floor building completed in 2022.
- Studio Apartments for rent in Elite Business Bay Residence, Business Bay – approx. 67000 AED per year, 400 to 500 sq ft
- Furnished 2 BHK for rent in Elite Business Bay Residence, Business Bay – approx. 140000 AED per year, 1300 to 1300 sq ft
Why Rent Apartments in Elite Business Bay Residence, Business Bay?
Affordable Urban Living
Apartments for rent in Elite Business Bay Residence offer affordable daily, monthly, and yearly prices, making them accessible for a wide range of budgets in a modern 31-floor building completed in 2022.
Family-Friendly Amenities
This community features child-friendly facilities such as a children's play area, along with shared pools, gyms, and covered parking, appealing to families and professionals seeking comfort and convenience.
Convenient City Lifestyle
Residents here value the well-equipped apartments with balconies, built-in wardrobes, central AC, and kitchen appliances, all within a secure building that includes a lobby and security services, ideal for long-term rental and expat housing.
Who Should Consider Living in Elite Business Bay Residence, Business Bay
Young Professionals
Ideal for professionals seeking affordable furnished or unfurnished apartments with amenities.
Small Families
Suitable for families wanting a home with balcony, security, and children's play area.
Long-Term Renters
Perfect for those looking for affordable long-term rental with shared pool and gym.
Amenities in Elite Business Bay Residence, Business Bay
- Shared swimming pools and fully-equipped gyms available for residents in Elite Business Bay Residence
- Most apartments feature balconies and built-in wardrobes for comfortable living
- Central air conditioning and covered parking are standard in the building's apartments for rent in Business Bay
Accessibility & Transport in Elite Business Bay Residence, Business Bay
Elite Business Bay Residence in Business Bay offers excellent road connectivity with easy access to Sheikh Zayed Road, a major artery that links residents to key areas across Dubai. This well-connected location ensures smooth travel by car or taxi to nearby business hubs such as Downtown Dubai and DIFC, making it ideal for professionals and families alike.
Public transport options are convenient with nearby Business Bay Metro Station providing access to the Red Line, facilitating quick commutes to major commercial and leisure destinations. Additionally, several bus routes serve the area, enhancing connectivity for residents who prefer public transit. This combination of road and public transport links makes Elite Business Bay Residence a practical choice for those seeking accessible and well-connected living in Dubai.
Pros & Cons of Renting Apartments in Elite Business Bay Residence, Business Bay
Pros
- Affordable rental prices compared to the country average, with monthly rents starting from 9,500 AED and averaging around 13,000 AED.
- Modern apartments in a 31-floor building completed in 2022, offering contemporary living spaces.
- Most apartments include useful amenities such as balconies, built-in wardrobes, central AC, and kitchen appliances.
- Shared facilities like a gym, pool, children's play area, and covered parking enhance lifestyle convenience.
- Secure living with building lobby and security services, suitable for families and expats.
Cons
- Apartments have a relatively small average size of 510 sqft, which may be limiting for larger families.
- Business Bay can experience traffic congestion during peak hours, affecting daily commutes.
- While affordable, the rental prices may still be considered high for budget-conscious tenants compared to other areas in Dubai.
- Limited outdoor private space as most properties rely on shared amenities rather than private terraces or gardens.
FAQs about Apartments for Rent in Elite Business Bay Residence, Business Bay
- Q: What is the price range for apartments for rent in Elite Business Bay Residence?
- A: Apartments for rent in Elite Business Bay Residence start at AED 9,500 monthly, with average rents around AED 13,000 per month. This makes it an affordable option compared to the country average monthly rent of AED 19,000.
- Q: Are furnished apartments available, or are units typically unfurnished?
- A: Most apartments in Elite Business Bay Residence come with essential kitchen appliances and built-in wardrobes, but the listings generally do not specify furnished options. Renters should confirm furnishing details with landlords.
- Q: Is Elite Business Bay Residence pet-friendly?
- A: Pet policies vary by building management, but many residential buildings in Business Bay accommodate pets. Prospective tenants should verify pet permissions directly with the property management.
- Q: How well connected is Elite Business Bay Residence in terms of transport?
- A: Elite Business Bay Residence benefits from a well-connected location in Business Bay, with easy access to major roads and nearby metro stations. This makes commuting convenient for professionals and families alike.
- Q: What are the typical apartment sizes and configurations available?
- A: Apartments range from 400 to 1,300 sq ft, with an average size of 510 sq ft. Most units feature balconies, central AC, and covered parking, suitable for singles, couples, and small families.
- Q: What amenities are offered at Elite Business Bay Residence?
- A: Residents enjoy shared facilities including a gym, swimming pool, children's play area, and 24/7 security. The building also features a lobby and covered parking, enhancing convenience and safety.