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Area in Dubai

Business Bay

Business Bay is in the upper middle of the market: homes sold for a median AED 2,372 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is one of the busiest markets, with 7,134 sales in 12 months, 52% of them off-plan. A typical 1-bedroom costs about AED 1.9M and rents for about AED 85K a year, a gross yield of about 5.9%. Prices are down 1.7% on a year earlier and up 16% over three years. 15,023 leases were registered with Ejari in the past year. About 7,468 new homes are due to finish here in the next two years.

Price per sqft, past year
AED 2,372
−1.7% on a year ago
Sales, past year
7,134
52% off-plan
Net yield, apartments
3.4%
5.1% gross

Prices and rents by bedrooms in Business Bay

HomeTypical priceSizeRent a yearGross yield
StudioAED 1.15M458 sqftAED 65K6.4%
1 bedroomAED 1.9M829 sqftAED 85K5.9%
2 bedroomsAED 2.7M1,388 sqftAED 130K5.7%
3 bedroomsAED 4.1M1,989 sqftAED 188K5.7%
4 bedroomsAED 6.35M4,435 sqftAED 300K5.7%

Buildings with the most sales in Business Bay

  • Binghatti AquariseAED 2,619 per sqftUnder construction, 21% built, 602 sales
  • Binghatti SkyriseAED 2,944 per sqftUnder construction, 36% built, 434 sales
  • Binghatti SkyhallAED 2,363 per sqftUnder construction, 31% built, 232 sales
  • One By BinghattiAED 2,938 per sqftUnder construction, 50% built, 212 sales
  • Peninsula FourAED 2,523 per sqftFinished, 211 sales
  • Tiger Sky TowerAED 2,403 per sqftUnder construction, 10% built, 174 sales
  • Peninsula ThreeAED 2,654 per sqftFinished, 170 sales
  • Avarra By PalaceAED 3,491 per sqftUnder construction, 0% built, 155 sales

Off-plan projects in Business Bay

  • Binghatti Aquarise21% builtBinghatti Developers, due 2026-10
  • Binghatti Skyrise36% builtBinghatti Developers, due 2026-12
  • Hq By Rove1% builtIrth Urban Development, due 2029-03
  • Binghatti Skyhall31% builtBinghatti Developers, due 2026-08
  • One By Binghatti50% builtBinghatti Developers, due 2026-05
  • Tiger Sky Tower10% builtTiger Properties

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.