Business Bay, which was originally conceived as a central business hub, has in recent years started building a solid reputation as a residential community as well. Several property developments have started coming up in the past few months, and a vast majority of them are residences, including the Elite Business Bay residence.
The Business Bay area has proven to be a surprisingly attractive prospect for the residential market, though perhaps it shouldn’t be so surprising anymore. It’s close to Downtown Dubai and the Dubai Mall, two popular hotspots, and has developed solid infrastructure, with the Business Bay Metro station providing easy access to the rest of the city.
And let’s not forget the recently opened Dubai Canal, which has already proven to be a major draw for residents this winter, and will become an even bigger attraction as the waterfront area continues to develop.
Image via Flickr/Jean Grey
Business Bay is back with quite a bang after the slowdown it saw close to a decade ago. It has been identified as one of Dubai’s top 10 urban property hotspots by property consultants worldwide. With several developments on the horizon, and a few expected to be delivered later this year, now is the ideal time to invest in Business Bay.
Elite Business Bay, a 24-storey tower with an ultramodern concept and a design based around functionality as much as form, is one the latest in the line of Business Bay’s residential offerings. With fully furnished apartment spaces that offer stunning views of the Burj Khalifa, Elite Business Bay aims to be the premier residence for young professionals and families in the area.
Triplanet International, the developers of Elite Business Bay, already have a proven track record and several successful residential developments in Dubai Sports City. Now they are bringing their expertise in comfort and design to Business Bay with their latest residential project, of which 3,000 units have already been delivered thus far.
The project comprises studios, 1 bedroom, 2 bedroom and 4 bedroom flats. Studios, with an average area of 450 sq. ft. start at AED 625,000 while the 4-bedrooms start at AED 2,935,000 for an area of 2,200 sq. ft. A flexible, construction-based instalment plan makes it easy to manage payments too. On booking, 15% of the price needs to be paid, followed by 6 instalments, the last of which isn’t paid until the building completion.