If you’re searching for a rental property in one of Dhaka’s most dynamic and commercially active zones, then "To Let at Elephant Road" is a keyword you can’t afford to ignore. Located in the heart of the capital, Elephant Road is known for its vibrant atmosphere, strategic positioning, and a variety of rental opportunities — from modern apartments to busy commercial spaces.
In this guide, we’ll walk you through everything you need to know about finding a “to let” property in Elephant Road, the types of spaces available, rental prices, benefits, challenges, and essential tips for tenants in 2025.
Why Choose Elephant Road?
Elephant Road is more than just a location — it's a hub of commerce, lifestyle, and connectivity. This area acts as a central artery, connecting New Market, Shahbagh, Dhanmondi, and Banglamotor. Whether you're a business owner, student, or family looking to live in a central location, Elephant Road has something to offer.
Key benefits include:
High foot traffic for businesses
Close proximity to major educational institutions like Dhaka University, BUET, and Eden College
Easy access to transportation including rickshaws, buses, and nearby metro routes
Abundant amenities, from shopping malls to eateries and clinics
Types of Properties To Let at Elephant Road
Elephant Road caters to a wide spectrum of rental needs:
1. Residential Apartments
Although mainly known for its commercial vibe, there are several apartment buildings and flats tucked into side streets and upper floors.
Studio/1 Bedroom Apartments – Mostly older buildings, suitable for students or single professionals
2-3 Bedroom Apartments – Limited in number but available in areas just off the main road
Furnished Flats – Often rented short-term, good for foreigners and corporate staff
2. Commercial Properties
This is where Elephant Road truly shines. It is one of Dhaka's oldest and busiest commercial zones.
Retail Shops – Ideal for garments, footwear, electronics, and accessories
Showrooms – Ground-floor locations are highly competitive and often rented quickly
Offices – From shared spaces to multi-floor offices in commercial buildings
Restaurants & Cafés – High visibility and steady customer flow
Current Rental Trends (2025)
Due to high demand and limited space, rents in Elephant Road are generally higher than the Dhaka average, especially for commercial properties.
| Property Type | Average Monthly Rent (BDT) |
|---|---|
| Studio Apartment | 12,000 – 18,000 |
| 2 Bedroom Apartment | 20,000 – 35,000 |
| Small Retail Shop | 25,000 – 60,000 |
| Premium Showroom (Main Road) | 80,000 – 2,00,000+ |
| Office Space (per 1000 sq ft) | 70,000 – 1,20,000 |
Note: Prices vary based on position (ground floor, roadside visibility, building age, etc.)
Popular Locations Within Elephant Road
Bata Signal to New Market Stretch – High-demand for retail and street-facing shops
Adjacent to Gausia Market – Popular for fashion, home textiles, and cosmetics
Side Alleys and 2nd-3rd Floor Spaces – More affordable for startups or smaller offices
Behind Elephant Road Mosque & Kathalbagan – Quieter residential spaces available
Things to Check Before Renting
If you’re planning to rent a property at Elephant Road, consider the following:
1. Foot Traffic & Visibility
For businesses, high visibility is essential. Corner shops, roadside units, or ground-floor properties bring in more customers.
2. Building Condition
Many buildings in this area are older. Always inspect for structural integrity, sanitation, and electrical wiring.
3. Utility Support
Check for 24/7 water, gas availability, and proper power backup — especially for businesses relying on uninterrupted service.
4. Parking and Accessibility
Due to congestion, most properties lack private parking. Confirm if there's any shared or nearby facility.
5. Contract Transparency
Always ensure rental terms are clearly written — include clauses about deposit, maintenance, rent increases, and lease period.
Pros of Renting at Elephant Road
Highly profitable for commercial ventures
Immediate access to everything – shops, restaurants, universities, clinics
Central location – saves time and transport costs
Great for short- and long-term business expansion
Challenges to Be Aware Of
Traffic congestion is a constant issue
Noise levels are high in most areas
Limited green/open space for families or children
High demand and competition for prime properties
Parking shortage, especially for customers
Despite these challenges, many are still drawn to the area for its visibility and central positioning.
Tips for Finding “To Let” Listings in Elephant Road
Finding the perfect rental spot in Elephant Road requires persistence and connections.
1. Online Platforms
Use Bproperty, Bikroy, or local real estate listing sites. Set alerts for new listings with "Elephant Road" keywords.
2. Local Real Estate Agents
There are many brokers specializing in Elephant Road properties. They can help you navigate quickly — but will charge a commission (typically 1/2 to 1 month's rent).
3. Social Media & Groups
Facebook groups like “Flat To-Let Dhaka” or “Shop/Office Rent Dhaka” often list real-time updates.
4. On-ground Visit
Many landlords still use "To Let" signs on windows and shutters. A walking survey may uncover hidden gems.
Final Thoughts
If you're serious about renting a home or starting/expanding your business, "To Let at Elephant Road" is a phrase you should search frequently and act quickly on. Its unmatched central location, dense customer base, and mixed-use real estate make it one of Dhaka’s most dynamic zones.