Imagine waking up to breathtaking panoramic views of Dubai with shimmering skyscrapers lining the horizon, framed by the floor-to-ceiling windows of your apartment. This is what many residential complexes in Business Bay offer.
The residential complexes in the district embody luxury, comfort, and modern technology. They offer a wide range of amenities that make living here especially attractive: luxury spa centers, beauty salons, private cinemas, and pools with magnificent views of the city or sea.
Residents of Business Bay enjoy a rich selection of entertainment options, including green parks, tranquil open lounges, and exclusive restaurants within their complexes. The local residential complexes are also known for their high-tech solutions, including smart home systems, and exceptional levels of service, such as 24-hour concierge service.
Business Bay is one of Dubai’s central districts and a business hub, so transportation links are well-developed. Both visitors and residents have access to all forms of transportation: taxis (Uber and Careem), buses, and the metro.
Business Bay Metro Station is located near Sheikh Zayed Road. From there, you can travel to other parts of the city: Dubai Marina, Downtown, Jumeirah Lake Towers, Dubai International Airport, and more.
There are buses that pass by the district and stop at the metro station. Buses also run within the community, departing every 10 minutes from the metro station. One such bus is the RTA F14. It departs from Bay Square 1 and its final stop is Business Bay Metro Bus Stop Landside 01, with a total of 15 stops along the route.
For personal vehicles, the district offers both free and paid parking options. Considering that many residents of central Dubai own personal vehicles, most towers have multi-story parking facilities with hundreds of spaces.
Renting. In Business Bay, you can find various accommodation options for rent with all the amenities (parking, gym, playgrounds, pools, etc.). Average annual rental prices are as follows:
- Studio – 30,000–70,000 AED ($8,000-$19,000)
- One-bedroom apartment – 90,000–120,000 AED ($25,500-$32,500)
- Two-bedroom apartment – from 140,000 AED (from $38,000)
- Three and four-bedroom apartments – 200,000–320,000 AED ($54,500-$87,000)
Buying. You can purchase real estate in Business Bay to suit any taste, from small cozy studios to luxurious penthouses with multiple bedrooms. Average purchase prices are:
- Studio – 1 million AED ($272,000)
- One-bedroom apartment – 1.56 million AED ($425,000)
- Two-bedroom apartment – 2.5 million AED ($680,000)
- Three-bedroom apartment – 4 million AED ($1.1 million)
- Four-bedroom apartment – 12 million AED ($3.27 million)
Yes, for several reasons. Many properties are still under construction, so real estate prices are lower than in neighboring Downtown. However, the quality of life here is equally high. All properties in Business Bay are of premium quality. The area has excellent infrastructure, and its location is very convenient – close to all major attractions in Dubai.
The combination of residential complexes and business centers attracts businesspeople, investors, entrepreneurs, freelancers, and travelers. This maintains simultaneous demand for both commercial and residential real estate, for both renting and buying.
For long-term rentals, studios offer the highest returns, up to 6.7% annually. One and two-bedroom apartments yield around 5.7%. For short-term rentals, the return can exceed 10% annually.
As the district's development nears completion, property values will only continue to rise. In 2023 alone, apartment prices increased by 12.4% compared to 2022.
