Business Bay is a thriving commercial and residential district in Dubai, known for its sleek skyscrapers and waterfront views. It serves as a hub for businesses, offering premium office spaces, upscale hotels, and modern living options. Located near Downtown Dubai, it’s a dynamic area combining work, leisure, and luxury.
Business Bay is a trendy mixed-use district in Dubai. Set alongside the gleaming waters of the Dubai Canal, it neighbours the city’s most happening centre, Downtown Dubai.
Business Bay Dubai spans 46.9 million sq. ft., of which 22.1% is allocated for residential projects, 18.5 % for commercial use and 59.4% is dedicated to mixed operations. This recognised destination is home to leading international and local businesses, architectural masterpieces, renowned hospitality groups, public transport links and many top-notch amenities.
Business Bay is one of the attractive area for renting mid-tier apartments as per Bayut’s Annual Rental Market Report 2024. You can also browse the rental transaction analysis for properties in Business Bay, as recorded by DLD over the past 12 months.
True to its name, the area is home to commercial buildings featuring high-profile offices, banks and shops. Business Bay’s fast-paced vibes attract a huge population of young professionals.
Plus, proximity to Downtown Dubai, Sheikh Zayed Road and DIFC greatly adds to its appeal. Some of the region’s leading hotel chains, including Taj, Anantara and Marriott, are present in the neighbourhood. The lifestyle at Dubai Properties Business Bay caters largely to young couples and singles, but many families also invest in apartments.
With a selection of beautiful apartments, penthouses, hotel apartments and hotels, Business Bay Dubai has grown into a coveted address, eliciting an equal amount of interest from renters, buyers and tourists. The area is also close to Dubai Design District and one of the city’s oldest hotspots, Jumeirah.
Apartment Type | Average Rental Price in AED |
---|---|
Studio | 83,000 |
1-Bed | 137,500 |
2-Bed | 162,500 |
3-Bed | 229,500 |
4-Bed | 298,000 |
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