Home › Projects › Elite Business Bay Residence by Triplanet Range Group

Elite Business Bay Residence
by Triplanet Range Group

Furnished studios, 1, 2 and 4 bedroom apartments

AED 725 K Starting price
Ready Handover
Elite Business Bay Residenceby Triplanet Range Group

Buy Apartments in Elite Business Bay Residence by Triplanet Range Group, Business Bay, Dubai

Leave your contact details & reserve your unit today

Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 725,000
Location Business Bay
Developer Triplanet Range Group
Handover Ready
Living Area 365 sq. ft. - 2,189 sq. ft.
Bedrooms Studios - 4 BR
ROI 8.5%
Apartments

A completed canal-side tower on Marasi Drive offering furnished studios through four bedroom apartments, with temperature-controlled pools, a spa-led wellness floor, concierge service and podium retail.

Apartments for sale in Elite Business Bay Residence are ready to occupy, freehold and fully furnished. Buyers avoid both a construction wait and a separate fit-out budget. The tower stands on the Dubai Water Canal and overlooks Dubai Creek. Most homes face the water or Downtown skyline, while selected units are angled towards the Burj Khalifa. Sizes range from studios of roughly 365 to 605 sq ft to one bedroom layouts of 907 sq ft and two bedroom homes of 1,309 sq ft. Four bedroom apartments extend to around 2,189 sq ft, giving families a larger option within an investment-led address. Interiors follow a contemporary, neutral direction, with well-equipped kitchens as standard. Daily life centres on the podium. A spacious concierge lobby welcomes residents, while shops and cafés occupy the ground floor. Parking spans a basement floor and three podium decks. Above them, residents have access to pools, a gym, Jacuzzi, steam room and sauna.

Elite Business Bay Residence
About Elite Business Bay Residence

Overview of Elite Business Bay Residence by Triplanet

For buyers looking to buy an apartment in Business Bay, Dubai, this canal-side tower offers a ready, furnished home with water or skyline views and established year-round rental demand.

8.5%

Average ROI

icon

Community

Business Bay has evolved from a commercial centre into one of Dubai's busiest residential districts. More than 240 towers line its streets and waterfront immediately south of Downtown. The neighbourhood attracts professionals, expatriates, singles and couples, while larger layouts also suit families. Its high-rise energy is balanced by the canal promenade, Bay Avenue Park, Business Bay Public Park, Burj Park, the skate park and the creekside edge.

Bay Avenue Mall combines everyday shopping with restaurants and bars. Clinics, pharmacies, salons and fitness studios also operate across the district. Aster Clinic and Emirates Hospitals Clinics are 6 and 5 minutes away by car, while Mediclinic City Hospital takes 12 minutes. Business Bay has no schools within its boundary. Nearby options include Safa British School, JESS Jumeirah and GEMS Wellington Primary School, reached in 4, 6 and 10 minutes respectively. Dubai International Airport is a 13-minute drive.

icon

Interior

Interiors use neutral tones, clean planes and full-height glazing to frame the canal, creek and Downtown skyline. Natural light shapes the rooms through the day, giving way to illuminated city views after dark. Studios and one bedroom homes feel efficient and uncluttered. The two and four bedroom layouts provide broader reception areas for family life.

Every apartment is handed over fully furnished, with equipped kitchens and finished living and sleeping areas. The specification remains consistent from studios and one and two bedroom apartments for sale in Business Bay through to the larger four bedroom layouts. Fitted kitchens, tiled bathrooms with contemporary sanitaryware and durable surfaces are designed for everyday use and tenancy. Furnishing packages follow the Elite standard used across the developer's completed portfolio.

icon

Infrastructure

The podium places daily essentials close at hand. Retail shops and cafés occupy the ground floor, so coffee, lunch and small errands are only a lift ride away. Marasi Drive and the surrounding Business Bay streets add a broad choice of restaurants, including casual canal-front terraces and venues such as The Black Smith Bar. Bay Avenue Mall provides supermarkets, bakeries, pharmacies and salons within an easy walk for residents on this side of the district.

The Dubai Mall is 7 minutes away by car for shopping, cinemas, the aquarium and Downtown dining. Walk-in clinics serve the district, while Mediclinic City Hospital is a 12-minute drive. Business Bay Metro Station is 5 minutes from the tower by car, and RTA buses cover the inner streets. Sheikh Zayed Road and Al Khail Road support cross-city journeys. The planned Metro Blue Line is expected to expand the district's public transport network.

Overview

Curious what this canal-side tower could return?

Amenities of Elite Business Bay Residence by Triplanet

Wellness, family and service facilities are grouped across the podium levels, all included for residents of the tower.

Temperature-controlled swimming pools

Temperature-controlled swimming pools

Gym with separate men's area

Gym with separate men's area

Steam room

Steam room

Download Brochure
Separate women's gym space
Jacuzzi for residents
Sauna facilities on site
Children's play area
Concierge service
24-hour security
Spacious welcome lobby
Rooms for prayer and observance
Retail shops and cafés
Free underground parking
Three podium parking levels

Gallery of Elite Business Bay Residence by Triplanet Range Group

Gallery

Floor Plans of Elite Business Bay Residence by Triplanet

Property Type
Bedrooms
Area
Starting Price
Apartments
Studio
from 365 sq. ft.
AED 725,000
Studio Apartments
AED 725 K 365 sq. ft.
Bathrooms Bathrooms1
Floor Plans of Elite Business Bay Residence by Triplanet - Studio Apartments

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
1 Bedroom
from 784 sq. ft.
Ask for Price
1 Bedroom Apartments
Ask for Price 784 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1
Floor Plans of Elite Business Bay Residence by Triplanet - 1 Bedroom Apartments

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,215 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 1,215 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2
Floor Plans of Elite Business Bay Residence by Triplanet - 2 Bedrooms Apartments

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
4 Bedrooms
from 2,060 sq. ft.
Ask for Price
4 Bedrooms Apartments
Ask for Price 2,060 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms4
Floor Plans of Elite Business Bay Residence by Triplanet - 4 Bedrooms Apartments

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Download All Floor Plans
Floor Plans

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
Contact Us
Elite Business Bay Residence
About Us

Economic Attractiveness

Liquidity is supported by a ready, furnished home under Triplanet Range Group's established Elite brand and by active tenant demand.

Get Full Investment Details

800 -11%

Median price (AED)

1,390 -8%

Median price per sqft (AED)

49 58%

Transactions

Source: Data taken from DXB for the last year, overview Elite Business Bay Residence by Triplanet Range Group

ROI 8.5%

Several factors support the investment case. Burj Khalifa, Downtown skyline and canal views command a premium within the building. Burj-view one bedroom units record an 8% gross yield, the strongest among the smaller layouts. Concierge service, 24-hour security, wellness facilities and free underground parking also match common tenant priorities. The building-wide gross yield is 8.5%, based on an average asking level of AED 1,584 per sq ft. That entry level remains below the Business Bay mean of AED 2,476 per sq ft. Metro access and links to Sheikh Zayed Road and Al Khail Road support commuting, while ready status allows capital to be deployed at transfer.

Current asking prices start at AED 725,000 for a studio and AED 1,150,000 for a one bedroom apartment. Two bedroom homes start at AED 1,850,000. As the tower is freehold, buyers of any nationality may own outright. Purchases carry the standard 4% DLD transfer fee and no residential VAT.

icon

For Rent

Rental demand in the tower is stable, with 96% of occupancy on long-term rather than short-stay contracts. Current asking rents start at AED 46,000 a year for a studio and AED 75,000 for a one bedroom apartment. Two bedroom homes start at AED 120,000, while four bedroom apartments begin at AED 155,000. The building-wide gross yield is 8.5%. Compact layouts typically attract tenants first, while larger homes may require a longer leasing period.

icon

For Living

Residents move into a furnished home with an equipped kitchen and concierge service in the lobby. Mornings can begin in the temperature-controlled pool or gym. A Jacuzzi, steam room, sauna and children's play area share the podium, while prayer rooms add everyday convenience. Outside, the canal promenade, Bay Avenue Park and local cafés make short outings easy. Business Bay Metro Station is 5 minutes away by car, and Dubai International Airport takes 13 minutes.

icon

For Resale

Exit prospects rest on a completed freehold tower with proven tenant demand. Occupancy is overwhelmingly long-term, and the compact studios and one bedroom homes that carry the strongest income profile are also the stock driving Business Bay transaction volumes. Furnished handover lets an owner tenant a unit immediately, while canal and Burj Khalifa view apartments form their own premium listing segment. Business Bay ranked as Dubai's second most transacted area in the first half of 2025, with 6,601 transactions worth AED 22.5 billion behind that pricing depth.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials of Elite Business Bay Residence by Triplanet Range Group

Brochure cover
Download Brochure
Floor Plans cover
Download All Floor Plans
Project Materials

About Developer Elite Business Bay Residence

Triplanet Range Group is the Dubai developer behind the Elite residential brand, active since 2005.

More than 3,500 apartments have been handed over under the Elite name. The portfolio includes ten completed Elite Sports Residence towers in Dubai Sports City and Elite Downtown Residence beside Burj Khalifa. It also covers Marina Pinnacle and Marina 101 in Dubai Marina, along with this Business Bay tower. Founded in 2005, the group has delivered homes across several established Dubai districts, applying its lifestyle-led Elite concept to each location.

Location of Elite Business Bay Residence by Triplanet Range Group

Set on Marasi Drive beside the Dubai Water Canal, the tower overlooks Dubai Creek. The Dubai Mall is 7 minutes away by car, while Business Bay Metro Station takes 5 minutes.

Sheikh Zayed Road and Al Khail Road provide direct links across Dubai. The Dubai Mall is a 7-minute drive, while the canal promenade and Burj Park offer nearby leisure options. Beaches on the Arabian Gulf coast are accessible through the same main road network.

Business Bay Metro Station on the Red Line is 5 minutes away by car. Burj Khalifa/Dubai Mall Metro Station takes 6 minutes, and RTA buses serve the district's inner streets. Drivers can reach Dubai International Airport in 13 minutes. The planned Metro Blue Line is expected to expand public transport coverage in Business Bay.

Open
Map → Location of Elite Business Bay Residence by Triplanet Range Group Icon Map PIN

Attractions

The Dubai
Mall

icon 7 min

Dubai Water Canal Promenade

8 min

Burj Khalifa

6 min

Health Care

Emirates Hospitals
Clinics

icon 5 min

Aster Clinic

6 min

Mediclinic City Hospital

12 min

Education

Safa British
School

icon 4 min

JESS Jumeirah

6 min

GEMS Wellington Primary School

10 min

Transportation

Dubai International
Airport

icon 13 min

Dubai Mall Metro Station

6 min

Business Bay Metro Station

5 min

General FAQs

Below are the questions buyers and tenants ask most often about this tower, from purchase terms and running costs to views, schools and rental performance. If something you need is not covered, our advisers can walk you through the current availability.

Ask a Question

What are the service charges at Elite Business Bay Residence?

Service charges are set annually per square foot by the owners' association and invoiced through the Dubai Land Department's system. The amount for a specific unit is therefore confirmed at the point of sale rather than published as one fixed tower-wide rate. Ask for the latest statement for the apartment you are considering. Also check its district cooling account, which is billed separately from the service fee in Business Bay and typically adds AED 5,000 to AED 12,000 a year for tenants.

What are the payment terms for Elite Business Bay Residence today?

The tower is complete and handed over, so there is no live developer instalment schedule. Elite Business Bay Residence payment plan terms now follow the standard Dubai resale route. Buyers pay a reservation deposit, then settle the balance in cash or with a UAE bank mortgage at transfer. Budget for the 4% Dubai Land Department transfer fee, plus registration and agency costs. Residential purchases carry no VAT. The construction-linked plan used during the off-plan phase is historical and is no longer offered.

Is Elite Business Bay Residence ready to move into?

Yes. The building is delivered and occupied, with homes currently offered for sale and rent. Apartments come fully furnished with equipped kitchens, allowing an owner to move in or prepare the property for a tenant after transfer without arranging a separate fit-out. The ready status also lets buyers inspect the actual unit, its outlook and its condition before committing. That makes the tower relevant to purchasers who prioritise immediate use or rental income over waiting for construction.

How much does an apartment here cost?

Elite Business Bay Residence prices currently begin at AED 725,000 for a studio and AED 1,150,000 for a one bedroom apartment. Two bedroom apartments are listed from AED 1,850,000. Across the building, the mean current asking level is AED 1,584 per sq ft. The corresponding Business Bay average is AED 2,476 per sq ft, giving this completed tower a lower entry level by area. Actual prices still vary by layout, floor, condition and whether the home faces the canal, Downtown skyline or Burj Khalifa.

What rental income can an owner expect?

In-building asking rents start at AED 46,000 a year for a studio and AED 75,000 for a one bedroom apartment. Two bedroom homes start at AED 120,000, while four bedroom layouts begin at AED 155,000. The gross rental yield measured across the building is 8.5%. Annual tenancies dominate: around 96% of recorded occupancy is long term rather than short stay. This gives landlords a market led primarily by conventional leases instead of frequent guest turnover.

Which unit types and sizes are available?

The mix covers studios and one, two and four bedroom apartments. Portal data records studios between 365 and 605 sq ft, one bedroom homes around 907 sq ft and two bedroom layouts near 1,309 sq ft. Four bedroom apartments extend to approximately 2,189 sq ft. The larger configuration is unusual in a Business Bay tower of this type and can suit families seeking more floor area. Buyers should confirm the exact dimensions against the title deed and floor plan for the individual resale unit.

What views do the apartments have?

The tower stands on the Dubai Water Canal and overlooks Dubai Creek. Depending on orientation, apartments face the water, the Downtown skyline or the Burj Khalifa. Listings treat Burj Khalifa-view one bedroom apartments as a distinct segment, and that outlook carries a premium in both sale and rental pricing. Higher floors generally provide a broader outlook across the canal and surrounding towers. Buyers should still inspect the precise sightline from the individual apartment, as orientation matters as much as floor level.

Can foreign buyers own property in this building?

Yes. The tower is in a designated freehold area of Business Bay, so buyers of any nationality can hold full title in their own name or through a company. The deed is registered with the Dubai Land Department, and there is no residency requirement to purchase. Property ownership above the applicable investment threshold may also support an application for a long-term UAE residence visa. Eligibility depends on the current government criteria and the buyer's circumstances, so it should be checked separately during the purchase process.

Are there schools near the building?

No school is located within the Business Bay boundary, which families should consider before buying. Several international schools operate in nearby communities. Safa British School is 4 minutes away by car, JESS Jumeirah takes 6 minutes, and GEMS Wellington Primary School takes 10 minutes. Other options in the wider area include GEMS Jumeirah Primary, Dubai College, Kings' School Dubai and Nord Anglia. Many schools run bus routes serving Business Bay, while nurseries such as Jumeirah International Nursery are also accessible from the district.

Who is the developer behind the project?

Triplanet Range Group is the Dubai-based company behind the Elite residential brand. Founded in 2005, it has handed over more than 3,500 apartments. Its completed portfolio includes ten Elite Sports Residence towers in Dubai Sports City and Elite Downtown Residence near Burj Khalifa. Marina Pinnacle and Marina 101 in Dubai Marina are also among Triplanet Range Group projects. Elite Business Bay Residence added a completed canal-side address to that portfolio, extending the brand into one of Dubai's busiest mixed-use districts.

How good is the transport connectivity?

Business Bay Metro Station on the Red Line is 5 minutes away by car. Burj Khalifa/Dubai Mall Metro Station takes 6 minutes, and RTA buses link the district's inner streets. Sheikh Zayed Road and Al Khail Road provide direct routes north and south across Dubai. The Dubai Mall is a 7-minute drive, while Dubai International Airport takes 13 minutes. A planned Metro Blue Line is expected to expand the wider district network further, although the tower already has established road, metro and bus connections.

Properties you might also like

Polaris Tower by Al Attar Properties
Handover Ready

from AED 750,000

Polaris Tower
by Al Attar Properties
Apartments
Avanti by DAMAC
Handover Ready

from AED 660,000

ROI 6–7%

Avanti
by DAMAC
Apartments
Hamilton Residency by Deyaar
Handover Ready

from AED 850,000

Hamilton Residency
by Deyaar
Apartments
Capital Bay by DAMAC
Handover Ready

from AED 670,000

Capital Bay
by DAMAC
Apartments
DAMAC Maison Cour Jardin by DAMAC Properties
Handover Ready

from AED 750,000

ROI 7%

DAMAC Maison Cour Jardin
by DAMAC Properties
Apartments
The Court Tower by Tanmiyat
Handover Ready

from AED 650,000

The Court Tower
by Tanmiyat
Apartments
Park Central by DAMAC
Handover Ready

from AED 660,000

ROI Up to 8%

Park Central
by DAMAC
Apartments
Executive Bay by DAMAC
Handover Ready

from AED 675,000

ROI 7.5%

Executive Bay
by DAMAC
Apartments
AG Tower by Arabian Gulf Properties
Handover Ready

from AED 815,000

ROI Up to 7.5%

AG Tower
by Arabian Gulf Properties
Apartments

Book an appointment with our agent

Register your Interest below for more detailed information

Elite Business Bay Residence
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

Elite Business Bay Residence

Starting Price AED 725 K

Handover Ready