Business Bay is the high-density district directly behind Downtown Dubai, wrapped around the Dubai Water Canal. It started as a commercial zone and is now one of the largest residential apartment markets in the city: hundreds of towers, a strong furnished and short-let segment, and prices well below Downtown for the same skyline.
The stock runs from studios and one-bedrooms aimed at investors to canal-front and Burj Khalifa-view two- and three-bedrooms, plus branded names such as DAMAC Towers by Paramount, the Al Habtoor City residences and Bugatti Residences by Binghatti. Rich Property's current Business Bay listings include a high-floor one-bedroom at DAMAC Towers by Paramount and a motivated-seller one-bedroom at Noora Tower, Al Habtoor City.
Business Bay attracts buy-to-let investors first.
Business Bay at a glance
Market snapshot · DLD registered sales, last 90 days
1,345 sales registered in Business Bay between 13 Aug and 11 Nov 2026, 33% off-plan.
| Type | Sales | Median price | Median AED/sq ft |
|---|---|---|---|
| Studio apartment | 186 | AED 1,050,000 | 2,227 |
| 1 B/R apartment | 479 | AED 1,771,000 | 2,087 |
| 2 B/R apartment | 217 | AED 2,500,000 | 1,976 |
| 3 B/R apartment | 77 | AED 4,654,000 | 1,837 |
| 4 B/R apartment | 21 | AED 6,700,000 | 2,586 |
Most-traded projects: Binghatti Aquarise (81) · Peninsula Four (78) · Regalia (65) · DAMAC TOWERS BY PARAMOUNT (42) · The EDGE (40)
Source: Dubai Land Department open data (Dubai Open Data Licence). Registered transaction prices, not asking prices. Medians are computed by Rich Property from the records; no personal data is shown.
See all Business Bay sold prices and the latest 50 transactions →
Live listings held by Rich Property. Prices are our current asking prices and update automatically.
Annual rentals currently available through Rich Property. Rents are quoted per year, as is standard in Dubai.
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WhatsApp +971 56 887 7078 Request a viewingIt is one of the most liquid apartment markets in Dubai with strong demand for furnished and short-let units, so gross yields are typically higher than Downtown next door. The trade-off is competition: choose towers with canal or Burj views and good management rather than the cheapest unit.
They are adjoining districts. Many Business Bay towers are a five-minute walk from the Dubai Mall and the Burj Khalifa, and Business Bay has its own metro station on the Red Line.
A mixed-use development on the Business Bay side of the Dubai Water Canal with three residential towers (Noora, Amna and Meera), three hotels and the La Perle theatre. The residences are popular with tenants for the hotel facilities and the canal location.
Downtown Dubai & DIFC (13) · Dubai Creek Harbour (26) · City Walk & Al Wasl · All Dubai areas
Market references on this page are from published 2025 / H1 2026 market reports and the Dubai Land Department; ownership and fee rules are those published by the Dubai Land Department. Prices shown are Rich Property's live asking prices. Rich Property Real Estate Brokerages LLC, DLD licensed, The Opus Tower, Business Bay, Dubai.
