AED 99,900/ year
Huge Layout | Fully Furnished | Prime Location
Elite Business Bay Residence · 2 bed · 3 bath · 1,343 sqft
Building · Business Bay
Apartments for rent in Elite Business Bay Residence
1 on the market with McCone.
Recorded rent per sq ft
AED 109
a year · 384 contracts here, 12 months
Gross yield
7.5%
Studio · its own rents over its own sale prices
Recorded sale price
AED 1,412
per sq ft · 711 sales on record
Handed over
2020
Derived from the register
Recorded rents
What Elite Business Bay Residence rents for, by layout
Tenancies registered with Ejari that name Elite Business Bay Residence, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Per sq ft / year | Contracts |
|---|---|---|---|---|
| Studio | 495 sqft | 59,000 | 119 | 270 |
| 1 B/R | 907 sqft | 83,250 | 93 | 72 |
| 2 B/R | 1,343 sqft | 120,000 | 89 | 19 |
| 4 B/R | 2,172 sqft | 190,000 | 87 | 23 |
Layouts with fewer than five contracts in the year are left out. 1,077 contracts name this building on the register since 2023.
For comparison
Recorded rents in Business Bay
How Elite Business Bay Residence sits against its community. The full Business Bay rental report →
| Layout | Median rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 66,000 | 69,000 | 63,058 | 140 | 4,132 |
| 1 B/R | 87,000 | 90,000 | 82,000 | 116 | 7,325 |
| 2 B/R | 125,000 | 136,250 | 115,000 | 97 | 4,568 |
| 3 B/R | 170,000 | 185,000 | 160,719 | 88 | 1,330 |
| 4 B/R | 300,000 | 300,000 | 300,000 | 84 | 109 |
Rent against price
Gross yield in Elite Business Bay Residence
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 4 B/R | 87 | This building · 23 | 1,262 | 6.9% |
| 2 B/R | 89 | This building · 19 | 1,276 | 7% |
| 1 B/R | 93 | This building · 72 | 1,319 | 7.1% |
| Studio | 119 | This building · 270 | 1,578 | 7.5% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Elite Business Bay Residence
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 4 Sept 2026 | Studio | 501 | 50,000 | New lease |
| 3 Sept 2026 | 1 B/R | 933 | 90,000 | Renewal |
| 3 Sept 2026 | Studio | 475 | 50,000 | New lease |
| 3 Sept 2026 | Studio | 605 | 50,000 | New lease |
| 2 Sept 2026 | Studio | 503 | 52,500 | Renewal |
| 2 Sept 2026 | 1 B/R | 933 | 75,000 | New lease |
| 1 Sept 2026 | Studio | 503 | 50,000 | Renewal |
| 1 Sept 2026 | 1 B/R | 933 | 72,000 | New lease |
| 1 Sept 2026 | Studio | 495 | 52,500 | Renewal |
| 1 Sept 2026 | 1 B/R | 933 | 75,000 | New lease |
| 1 Sept 2026 | Studio | 508 | 56,763 | Renewal |
| 1 Sept 2026 | 1 B/R | 934 | 65,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Elite Business Bay Residence, stacked.New leaseRenewal
106
350
386
235
2023202420252026
235 contracts in 2026 so far. The 2026 bar is part-year.
For rent nearby · Business Bay
Homes to rent in Business Bay now
Our live rental stock in the community. Everything for rent in Business Bay →
AED 1,500,000/ year
Luxury penthouse in Business Bay with Burj Khalifa view
SAAS Tower · 4 bed · 5 bath · 7,877 sqft
AED 1,300,000/ year
Luxury Penthouse | Burj View | Huge Layout
SAAS Tower · 4 bed · 5 bath · 7,877 sqft
AED 1,000,000/ year
Branded | Best Price | Full Canal View
Jumeirah Living Business Bay · 4 bed · 6 bath · 4,333 sqft
AED 780,000/ year
Area Expert | Ultra-Luxury Living | Canal View
Jumeirah Living Business Bay · 3 bed · 5 bath · 3,372 sqft
AED 500,000/ year
Ultra Luxury | Canal View | 2BR + Maids
Jumeirah Living Business Bay · 2 bed · 4 bath · 2,113 sqft
AED 500,000/ year
Fully Fitted | Vacant Now | Near Metro | Spacious
One by Omniyat · 1 bath · 2,868 sqft
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.