Business Bay

Business Bay is a strategically located district with apartments, penthouses, and apartments of various sizes. 4-bedroom penthouses in this area range from 6,600 to 7,341 square feet and come equipped with everything needed, including a private pool and a large terrace.

Business Bay also features hotel apartments, including studios and 1-3 bedroom apartments. They are equipped with everything needed for comfortable living, including a spacious living room, well-equipped kitchen, and a large terrace with a balcony. Executive Towers also offer rental villas, and on the Dubai Canal, there are Sky Villas and Marasi Floating Villas.

Rental prices for one-bedroom apartments range from 55,000 to 150,000 AED per year. Two-bedroom apartments cost from 99,000 to 1.4 million AED. For more spacious 3- and 4-bedroom apartments, you’ll have to pay from 160,000 to 1 million AED.

The cost of renting hotel apartments varies from 75,000 to 450,000 AED per year. In Business Bay, there is also the option to rent 4-bedroom penthouses, with prices ranging from 395,000 to 1.4 million AED. Additionally, commercial spaces such as offices and shops are available for rent, with prices ranging from 950 to 30 million AED.

One-bedroom apartments vary in price from 525,000 to 2.5 million AED, and 1-bedroom apartments can be purchased from 501,000 to 7.1 million AED. Prices for 2-bedroom apartments start from 1.2 million and go up to 32.6 million AED, while 3-bedroom apartments range from 1.8 million to 82 million AED. Aykon City, Al Habtoor City, and Nobles Tower are of particular interest.

There is also the option to purchase 2 to 8-bedroom penthouses, 2 to 4-bedroom villas, 2 to 4-bedroom townhouses, as well as residential plots and commercial real estate. Prices for these properties vary depending on the number of bedrooms and area. For example, 2-bedroom penthouses cost 19 million AED, 3-bedroom villas range from 2.8 to 22.9 AED, and the price for offices starts from 480,000 and goes up to 43 million AED. The total price of commercial buildings varies from 5.7 to 650 million AED.

The highest return on investment for apartments in Business Bay is 6.67%, for one-bedroom apartments. 1-bedroom apartments have a yield of 5.99%, 2-bedroom apartments – 5.49%. The yield for 3-bedroom apartments is 4.96%. The yield for 4-bedroom apartments in this area is 3.14%.

In Business Bay, the most popular buildings are Executive Towers, DAMAC Towers by Paramount Hotels and Resorts, SLS Dubai Hotel & Residences, Bayz by Danube, and Aykon City. They are also the most popular buildings for purchasing apartments in the area.

Executive Towers – one of the first complexes in this area, consisting of 12 buildings and combining commercial and residential properties.

DAMAC Towers by Paramount Hotels and Resorts – a four-tower complex, including 1,200 residential apartments and the Paramount hotel with 800 rooms.

SLS Dubai Hotel & Residences – a high-rise building with 371 residential units, 321 hotel apartments, and 254 hotel rooms.

Bayz by Danube – another popular residential building with apartments ranging from studios to 3 bedrooms.

Near many tourist attractions in Business Bay, Dubai, there are luxurious hotels such as JW Marriott Marquis Hotel, Steigenberger Hotel, Radisson Blu Hotel Waterfront, Taj Dubai, and Doubletree by Hilton Dubai Business Bay.

JW Marriott Marquis Hotel Dubai – the second tallest hotel in the world, offering luxurious rooms and amenities such as pools, a gym, and event halls.

Steigenberger Hotel offers multiple restaurants, including the well-known night bar, The Backyard.

Radisson Blu Hotel Waterfront is located opposite Dubai Water Canal and offers luxurious rooms, conference halls, and restaurants.

Taj Dubai and Doubletree by Hilton Dubai Business Bay also offer comfortable rooms and amenities for travelers.

Hotel Dubai, Curio Collection by Hilton – another luxurious hotel with spacious rooms, five restaurants, and a poolside bar. All these hotels provide comfort and luxury for business and leisure travelers in Business Bay.

Apartments in this area come with designated parking spaces. Free public parking is available on Al-Amal and Al-Saada streets. Some private parking lots charge a fee of 10 AED (3 USD) per hour. Business Bay is well-connected to two of the most used highways in the city: Sheikh Zayed Road and Al Khail Road. There is also an exit leading directly to the Downtown Boulevard.

Getting around the area is quite easy. The Business Bay metro station of the Dubai Metro’s red line is available for those using public transportation in Business Bay, as well as taxis and buses. Other nearby metro stations include Burj Khalifa/Dubai Mall, Financial Centre, and Emirates Towers stations.

When it comes to supermarkets in Business Bay, there are well-stocked Spinneys and Choithrams stores on Bay Avenue. Additionally, near Mayfair residence, there is West Zone supermarket, Al Maya supermarket in Clover Bay Tower, and several Zoom mini-markets. These are some of the best supermarkets in Dubai, conveniently located within a few minutes’ drive.

In the Business Bay area of Dubai, there are several notable mosques, such as Sheikh Rashid Al Maktoum Mosque, Avenue Park Mosque, and Bay Avenue Mosque. It’s also worth mentioning Al-Ghafoor Mosque, Suk Al Bahar Mosque, and Dubai Mall Mosque.

In this area, there are also several churches, including Eleutheria Community Church and Emirates Baptist Church International. The nearest temples are in Bur Dubai, such as Shiva, Krishna, and Shrinath Ji temples.

In the Business Bay area, there are several preschools, such as First Path Montessori, Hummingbird Nursery, Maple Bear Pre School, and Canadian Kids Nursery. For primary and middle schools, options include Dubai International School, GEMS Our Own Indian School, and Safa British School.

Dubai International School Al Quoz offers classes from kindergarten to 12th grade. Safa British School follows the national curriculum of England and Wales. GEMS Our Own Indian School and Global Indian International School (GIIS) Dubai Campus are Indian schools. Another school near Business Bay is GEMS Wellington Primary School, offering education based on the UK/IB system. For older students, universities located in Dubai Knowledge Park provide internationally accredited learning programs.

One of the best hospitals in Business Bay is Emirates Hospital on Bay Avenue, serving the residents of the area. Other options include Medcare Hospital in Safa and Emirates Hospital in Jumeirah, both within a 15-minute drive.

The closest neighbor to Business Bay is Downtown Dubai. To the north of it is the industrial area of Al Quoz. The area is a short drive from DIFC, Al Safa, Jumeirah, and Sheikh Zayed Road, making it an excellent location for renting or buying property for city professionals.

Bay Avenue Mall offers a variety of shops, restaurants, and spa salons. It houses well-known stores such as Made to Measure and Big Brands.

Restaurants in this area are diverse, ranging from casual establishments to fine dining restaurants. Notable restaurants include Tong Thai, Izakaya, and Kitchen 6, as well as many other options available in nearby areas like Downtown Dubai, City Walk, and DIFC. The area also features numerous licensed bars and pubs, including popular establishments like Lock, Stock & Barrel Business Bay, Sports on 4, and The Rose & Crown. Overall, Bay Avenue Mall and its surroundings offer a wide selection of places for shopping, dining, and entertainment.

The famous Jumeirah Beach is just a 15-minute drive away. Although the beach in the Business Bay area may not be necessary, residents can visit the stunning man-made Dubai Canal, along which an impressive boardwalk is laid, allowing for a leisurely stroll and breathtaking views of the waterfront.

Business Bay in Dubai offers its visitors several notable landmarks. Firstly, the highly acclaimed Dubai Canal, which connects the area to other parts of the city and offers unique opportunities for water transport. It has also become a popular location for residential projects, including the Marasi floating villas.

Additionally, in Business Bay, you can find the first permanent show in the MENA region – La Perle by Dragone. This impressive performance, created by renowned director Franco Dragone, features talented dancers, acrobats, and motorcycle stunt performers. You can book a group trip or an exclusive show at La Perle, as well as choose various offers and packages, including ones for children or packages with dinner and a show.

Business Bay in Dubai offers plenty of opportunities for recreational activities and fitness. The area has several parks, including Bay Avenue Park and Burj Park, where you can walk pets and enjoy various activities such as cycling and fountain watching.

Moreover, Business Bay has many indoor fitness centers where residents can engage in full-body workouts. Some of them include Fitness First, Elevation Fitness, and BARE, offering workouts for the entire body.

For those looking to visit a beauty salon, there are several options in the area, including Rifa, Valery & Co., and Brushed Beauty Salon. For more luxurious spa treatments, you can head to JW Marriott or Taj.

Business Bay – one of the most recognizable districts of Dubai, located to the south of Downtown Dubai.

It is one of the central commercial, business, and residential districts of Dubai.

Yes. Business Bay is one of the strategically important locations in Dubai. Many business towers in the area house leading global companies.

In Business Bay, there are residential and commercial buildings offering simple apartments, duplexes, penthouses, offices, and retail shops.

Residents can use the metro station, RTA bus routes, car rental services, and taxis to easily commute to the area.