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Ready building · Triplanet Range

Elite Business Bay Residence, Business Bay

Highlights

Elite Business Bay Residence at a glance

About Elite Business Bay Residence

Elite Business Bay Residence is a mixed-use building in Business Bay, Dubai, developed by Triplanet Range. It holds about 540 units: studios, 1-bedroom apartments, 2-bedroom apartments, 4-bedroom apartments, commercial units.

The building was completed in 2020 and has been in use for about 6 years. 48 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,451 per sq ft.

Elite Business Bay Residence is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Business Bay, Dubai
  • Developed by Triplanet Range
  • Completed in Q4 2020
  • Unit types: Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
  • Sizes from 360 to 2,190 sq ft
  • Service charge from AED 14.75 per sq ft
  • Business Bay metro station 1.4 km away
Status
Ready
Developer
Triplanet Range
Location
Business Bay, Dubai
Completed
Q4 2020
Unit types
Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
Prices from
AED 450.0K
Median price per sq ft
AED 1,451
Median gross yield
7.0%
Service charge
AED 15.07 per sq ft (2025)
Nearest metro
Burj Khalifa Road, 1.2 km

Photos of Elite Business Bay Residence

Building details

Inside Elite Business Bay Residence

Properties in Elite Business Bay Residence

Studios in Elite Business Bay Residence

There are about 322 of these in Elite Business Bay Residence, from 400 to 610 sq ft. They have recently sold for a median of AED 718.0K, or AED 1,450 per sq ft.

1-bedroom apartments in Elite Business Bay Residence

There are about 115 of these in Elite Business Bay Residence, from 810 to 930 sq ft. They have recently sold for a median of AED 1.3M, or AED 1,390 per sq ft. Owners who resold made a median 12% over what they paid.

2-bedroom apartments in Elite Business Bay Residence

There are about 46 of these in Elite Business Bay Residence, from 1,310 to 1,340 sq ft. They have recently sold for a median of AED 1.9M, or AED 1,450 per sq ft. Owners who resold made a median 6% over what they paid.

4-bedroom apartments in Elite Business Bay Residence

There are about 46 of these in Elite Business Bay Residence, from 2,170 to 2,190 sq ft. They have recently sold for a median of AED 2.7M, or AED 1,220 per sq ft. Owners who resold made a median 2% over what they paid.

Commercial units in Elite Business Bay Residence

There are about 11 of these in Elite Business Bay Residence, from 360 to 890 sq ft. None has sold recently enough to quote a price.

Unit types in Elite Business Bay Residence with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio322400 sqft37.2 sqmt – 610 sqft56.7 sqmtAED 718KAED 55.5K
1 Bed115810 sqft75.3 sqmt – 930 sqft86.4 sqmtAED 1.3MAED 78K
2 Beds461,310 sqft121.7 sqmt – 1,340 sqft124.5 sqmtAED 1.9M–
4 Beds462,170 sqft201.6 sqmt – 2,190 sqft203.5 sqmtAED 2.7MAED 167.5K
Commercial11360 sqft33.4 sqmt – 890 sqft82.7 sqmtNo recent sales–

Recent transactions in Elite Business Bay Residence

  • Elite Business Bay Residence

    Business Bay

    AED 760K

    AED 1,526 /sqftAED 16,426 /sqmt

    ReadyApartment
    498 sqft46.3 sqmtStudioOwner22 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 2.7M

    AED 1,218 /sqftAED 13,110 /sqmt

    ReadyApartment
    2,189 sqft203.4 sqmt4 BedsOwner22 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 2.6M

    AED 1,221 /sqftAED 13,143 /sqmt

    ReadyApartment
    2,168 sqft201.4 sqmt4 BedsOwner22 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 2.7M

    AED 1,214 /sqftAED 13,067 /sqmt

    ReadyApartment
    2,189 sqft203.4 sqmt4 BedsOwner22 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 2.7M

    AED 1,227 /sqftAED 13,207 /sqmt

    ReadyApartment
    2,168 sqft201.4 sqmt4 BedsOwner22 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 1.5M

    AED 1,176 /sqftAED 12,658 /sqmt

    ReadyApartment
    1,309 sqft121.6 sqmt2 BedsOwner22 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 750K

    AED 1,482 /sqftAED 15,952 /sqmt

    ReadyApartment
    506 sqft47 sqmtStudioOwner2 Sept 2026

  • Elite Business Bay Residence

    Business Bay

    AED 830K

    AED 1,677 /sqftAED 18,051 /sqmt

    ReadyApartment
    495 sqft46 sqmtStudioDeveloper19 Aug 2026

  • Elite Business Bay Residence

    Business Bay

    AED 787.5K

    AED 1,641 /sqftAED 17,664 /sqmt

    ReadyApartment
    480 sqft44.6 sqmtStudioOwner14 Aug 2026

  • Elite Business Bay Residence

    Business Bay

    AED 800K

    AED 1,606 /sqftAED 17,287 /sqmt

    ReadyApartment
    498 sqft46.3 sqmtStudioOwner7 Aug 2026

  • Elite Business Bay Residence

    Business Bay

    AED 718K

    AED 1,451 /sqftAED 15,618 /sqmt

    ReadyApartment
    495 sqft46 sqmtStudioOwner31 Jul 2026

  • Elite Business Bay Residence

    Business Bay

    AED 730K

    AED 1,451 /sqftAED 15,618 /sqmt

    ReadyApartment
    503 sqft46.7 sqmtStudioOwner26 Jun 2026

  • Elite Business Bay Residence

    Business Bay

    AED 2.8M

    AED 1,257 /sqftAED 13,530 /sqmt

    ReadyApartment
    2,191 sqft203.6 sqmt4 BedsOwner24 Jun 2026

  • Elite Business Bay Residence

    Business Bay

    AED 725K

    AED 1,510 /sqftAED 16,254 /sqmt

    ReadyApartment
    480 sqft44.6 sqmtStudioOwner22 May 2026

  • Elite Business Bay Residence

    Business Bay

    AED 1.3M

    AED 1,389 /sqftAED 14,951 /sqmt

    ReadyApartment
    907 sqft84.3 sqmt1 BedOwner15 May 2026

  • Elite Business Bay Residence

    Business Bay

    AED 1.1M

    AED 1,319 /sqftAED 14,198 /sqmt

    ReadyApartment
    853 sqft79.2 sqmt1 BedOwner7 Apr 2026

  • Elite Business Bay Residence

    Business Bay

    AED 800K

    AED 1,995 /sqftAED 21,474 /sqmt

    ReadyApartment
    401 sqft37.3 sqmtStudioOwner31 Mar 2026

  • Elite Business Bay Residence

    Business Bay

    AED 1.2M

    AED 1,407 /sqftAED 15,145 /sqmt

    ReadyApartment
    853 sqft79.2 sqmt1 BedOwner31 Mar 2026

  • Elite Business Bay Residence

    Business Bay

    AED 830K

    AED 1,747 /sqftAED 18,805 /sqmt

    ReadyApartment
    475 sqft44.1 sqmtStudioDeveloper25 Mar 2026

  • Elite Business Bay Residence

    Business Bay

    AED 2.3M

    AED 1,719 /sqftAED 18,503 /sqmt

    ReadyApartment
    1,309 sqft121.6 sqmt2 BedsOwner18 Feb 2026

  • Elite Business Bay Residence

    Business Bay

    AED 62K/yr

    ApartmentNew contract
    609 sqft56.6 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 50K/yr

    ApartmentNew contract
    506 sqft47 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 60K/yr

    ApartmentNew contract
    605 sqft56.2 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 80K/yr

    ApartmentRenewal
    934 sqft86.8 sqmt1 Bedto

  • Elite Business Bay Residence

    Business Bay

    AED 68K/yr

    ApartmentNew contract
    475 sqft44.1 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 155K/yr

    ApartmentNew contract
    2,189 sqft203.4 sqmt4 Bedsto

  • Elite Business Bay Residence

    Business Bay

    AED 72K/yr

    ApartmentNew contract
    933 sqft86.7 sqmt1 Bedto

  • Elite Business Bay Residence

    Business Bay

    AED 56K/yr

    ApartmentNew contract
    605 sqft56.2 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 52K/yr

    ApartmentNew contract
    492 sqft45.7 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 57K/yr

    ApartmentRenewal
    503 sqft46.7 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 70K/yr

    ApartmentNew contract
    811 sqft75.3 sqmt1 Bedto

  • Elite Business Bay Residence

    Business Bay

    AED 180K/yr

    ApartmentRenewal
    2,168 sqft201.4 sqmt4 Bedsto

  • Elite Business Bay Residence

    Business Bay

    AED 90K/yr

    ApartmentRenewal
    853 sqft79.2 sqmt1 Bedto

  • Elite Business Bay Residence

    Business Bay

    AED 53K/yr

    ApartmentNew contract
    495 sqft46 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 55K/yr

    ApartmentRenewal
    495 sqft46 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 78K/yr

    ApartmentNew contract
    934 sqft86.8 sqmt1 Bedto

  • Elite Business Bay Residence

    Business Bay

    AED 52K/yr

    ApartmentNew contract
    480 sqft44.6 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 48K/yr

    ApartmentNew contract
    506 sqft47 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 30K/yr

    ApartmentRenewal
    478 sqft44.4 sqmtStudioto

  • Elite Business Bay Residence

    Business Bay

    AED 60K/yr

    ApartmentRenewal
    609 sqft56.6 sqmtStudioto

Every sale in Elite Business Bay ResidenceEvery rent contract in Elite Business Bay Residence

Service charges in Elite Business Bay Residence

The 2025 service charge in Elite Business Bay Residence is AED 15.07 per sq ft for homes, AED 14.75 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 593 a year.

Service charges in Elite Business Bay Residence
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2025)AED 15.07810 sqft75.3 sqmt – 930 sqft86.4 sqmtAED 12,207 – AED 14,015
2 Beds Apartment (2025)AED 15.071,310 sqft121.7 sqmt – 1,340 sqft124.5 sqmtAED 19,742 – AED 20,194
4 Beds Apartment (2025)AED 15.072,170 sqft201.6 sqmt – 2,190 sqft203.5 sqmtAED 32,702 – AED 33,003
Retail (2025)AED 14.75360 sqft33.4 sqmt – 890 sqft82.7 sqmtAED 5,310 – AED 13,128
Studio Apartment (2025)AED 15.07400 sqft37.2 sqmt – 610 sqft56.7 sqmtAED 6,028 – AED 9,193

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Available now

Properties for sale and rent in Elite Business Bay Residence

Units in Elite Business Bay Residence listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Elite Business Bay Residence

Transportation near Elite Business Bay Residence

The nearest Dubai Metro station from Elite Business Bay Residence is Business Bay (red line, 1.4 km, about 5 min drive), then Burj Khalifa/Dubai Mall (red line, 2.4 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 1.2 km, about 14 min walk) and Business Bay Interchange (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Burj Khalifa RoadGolden line · 1.2 km · about 14 min walk
  • Business Bay InterchangeGolden line · 1.4 km · about 5 min drive
  • Business BayRed line · 1.4 km · about 5 min drive
  • District 1 near High Speed Rail lineGolden line · 1.7 km · about 5 min drive
  • Burj Khalifa/Dubai MallRed line · 2.4 km · about 7 min drive
  • City WalkGolden line · 3.1 km · about 8 min drive

Shopping and groceries near Elite Business Bay Residence

The closest is Spinneys/ Ontario Tower, 0.7 km from Elite Business Bay Residence (about 8 min walk).

  • Spinneys/ Ontario TowerSupermarket · 0.7 km · about 8 min walk
  • Spinneys / The Executive TowersSupermarket · 1 km · about 12 min walk
  • Bay AvenueShopping Mall · 1.2 km · about 14 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.4 km · about 5 min drive
  • Spinneys / south bridge downtowne DubaiSupermarket · 1.4 km · about 5 min drive

Restaurants and hotels near Elite Business Bay Residence

The closest is Maward Restaurant, 0.5 km from Elite Business Bay Residence (about 6 min walk).

  • Maward RestaurantRestaurant · 0.5 km · about 6 min walk
  • Oberoi HotelHotel · 0.7 km · about 8 min walk
  • JW Marriott Marquis Business BayHotel · 1 km · about 12 min walk
  • Vida Hotels and ResortsHotel · 1.5 km · about 5 min drive
  • Al Manzil HotelHotel · 1.7 km · about 5 min drive

Hospitals and clinics near Elite Business Bay Residence

The closest is Medcare Hospital, 2.3 km from Elite Business Bay Residence (about 7 min drive).

  • Medcare HospitalHospital · 2.3 km · about 7 min drive
  • Al Amal HospitalHospital · 2.8 km · about 8 min drive
  • Emirates HospitalHospital · 3.4 km · about 9 min drive
  • Internationl Medical CenterHospital · 3.8 km · about 10 min drive
  • Neuro Spinal hospitalHospital · 3.8 km · about 10 min drive

Parks and leisure near Elite Business Bay Residence

The closest is Dubai Bowling Centre, 1.1 km from Elite Business Bay Residence (about 13 min walk).

  • Dubai Bowling CentreSports Academy · 1.1 km · about 13 min walk
  • Al Quoz Pond ParkPark · 1.8 km · about 6 min drive
  • Safa ParkPark · 2.1 km · about 6 min drive
  • Jumeirah Beach ParkPark · 3.6 km · about 9 min drive
  • Falcon Heritage and Sports CentreSports Academy · 4 km · about 10 min drive

Schools near Elite Business Bay Residence

The nearest is Global Indian International School L.L.C, 1 km away. Ratings are the KHDA's latest inspection grades.

  • Global Indian International School L.L.CIndian · KHDA: Good · 1 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1 km
  • Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.1 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 1.1 km
  • Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 1.5 km
  • Clarion School L.L.CAmerican · KHDA: Good · 1.8 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Elite Business Bay Residence with:

All 257 Business Bay buildings →

Things to consider about Elite Business Bay Residence

In its favour

  • An active resale market: 48 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 12%.
  • A median gross yield of 7.0% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • The nearest running metro station is 1.4 km away, so a car helps.

Specialists

Brokers who know Elite Business Bay Residence

These brokers handle sales and lettings in Elite Business Bay Residence and can tell you what is available now.

FAQs

Elite Business Bay Residence: questions answered

Elite Business Bay Residence was developed by Triplanet Range in Business Bay.

Elite Business Bay Residence is completed in Q4 2020.

Across its 20 most recent registered sales, Elite Business Bay Residence sold for a median of AED 1,451 per sq ft and AED 977.5K per unit.

Recent yearly contracts in Elite Business Bay Residence have a median rent of AED 60.0K.

The median gross yield on recently sold units in Elite Business Bay Residence is 7.0%: the rent the unit earned over its purchase price, before costs.

The 2025 service charge for residential units in Elite Business Bay Residence is AED 15.07 per sq ft a year, as registered with the Dubai Land Department.

Elite Business Bay Residence has Studio (400 to 610 sq ft), 1 Bed (810 to 930 sq ft), 2 Beds (1,310 to 1,340 sq ft), 4 Beds (2,170 to 2,190 sq ft), Commercial (360 to 890 sq ft).

Burj Khalifa Road is about 1.2 km from Elite Business Bay Residence.

The nearest schools include Global Indian International School L.L.C (1 km), GEMS Our Own Indian School (1 km), Iranian Towheed Boys School (1.1 km).

Buying, selling or renting in Elite Business Bay Residence?

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