Business Bay Apartments for Sale & Rent in Dubai

Business Bay is one of Dubai’s most fashionable residential and business districts. It is neighboring Dubai’s iconic district, Downtown Dubai, and is set a midst the glittering waters of the Dubai Canal.

Business Bay is rapidly achieving its goal of becoming Dubai’s primary business district, similar to Manhattan in New York City, by offering a wide range of high-end amenities and a fast-paced lifestyle. It is recognized for being a mixed-use community having both residential and business sectors.

Business Bay Dubai, a core area with magnificent skyscrapers located near Dubai Creek, is a hub for business and accommodation. It is made up of approximately 240 residential or commercial buildings. Business Bay’s self-sustaining culture makes it a city inside a city that aspires to be the region’s economic hub as well as a city of freedom.

Business Bay Apartments for Sale and Rent in Dubai, Call Us at 800-BINAYAH.

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Business Bay is one of the most popular locations for buyers and investors searching for inexpensive flats, according to Dubai Annual Sales Report 2020.

Located south of Downtown Dubai, lies one of the most recognisable neighbourhoods in Dubai, Business Bay. True to its name, the area is home to several commercial buildings featuring high-profile offices, banks and shops. Extremely well connected, the lifestyle in Business Bay is ideal for professionals working in the area, Downtown Dubai and DIFC. The area also has some of the leading hotel chains from across the world including Oberoi, Taj and Marriott.

There are several alternatives for those renting flats in Business Bay complexes. These apartment buildings include a range of tenant facilities, including well-equipped gyms, swimming pools, children’s play spaces, and more.

The studios in Business Bay rent for between AED 28,000 and AED 200,000 per year. One-bedroom flats in Business Bay cost between AED 35,000 and AED 200,000 per year to rent. A two-bedroom apartment in Business Bay may be rented for as little as AED 53,000 per year and as much as AED 950,000 per year.

Three- and four-bedroom flats are available to renters that want more space. Rent for 3-bedroom flats in Business Bay ranges from AED 89,000 to AED 220,000 per year. 4-bedroom flats in Business Bay may cost up to AED 290,000 per year in rent.

The hotel flats in Business Bay come in the studio and three-bedroom layouts. The cost of a hotel unit in Business Bay ranges from AED 37,000 to AED 288,000 a year.

In Business Bay, annual penthouse rentals vary from AED 199,000 to AED 1.3 Million.

• Villa Type: 4-Bed
• Average : Rental Price in AED: 247,000

In Business Bay, there are just a few villas available for rent. The average annual rental price for a four-bedroom apartment in Dubai is AED 247,000.

There are stores and offices for rent in Business Bay. Office space for rent in Business Bay costs between 1.5k AED per year and 5.9M AED per year. Rental stores in Business Bay, on the other hand, cost between AED 39,000 and AED 2.3 million a year.

Business Bay Apartments are becoming increasingly desirable. The studios in Business Bay have prices ranging from AED 418,000 to AED 1.48 Million. One-bedroom flats in Business Bay price range from AED 550,000 to AED 2.8 Million. You must spend at least AED 850,000 for a 2-bedroom flat in Business Bay. The price of the three-bedroom flats ranges from AED 1.3 million to AED 19.8 Million.

The price of a four-bedroom apartment in Business Bay ranges between AED 2.3 and AED 32.4 Million. A 5-bedroom apartment in Business Bay may cost anywhere from AED 4.4 million to AED 40 million. The price range for a 6-bed apartment is up to AED 27.8 Million.

There are many two- and five-bedroom penthouses for sale in Business Bay. AED 2.4 million to AED 72.8 Million is the range of sales prices. For AED 16.6 Million, a two-bedroom penthouse is available. A three-bedroom penthouse in Business Bay costs between AED 2.8 million to AED 17.1 Million.

A four-bedroom penthouse in Business Bay may be had for as low as AED 2.4 million or as much as AED 72.8 million. The 5-bedroom penthouses in Business Bay range in price from AED 3.35 million to AED 70 Million. A six-bedroom penthouse, on the other hand, costs AED 30 Million.

Hotel apartments for sale in Business Bay range in price from AED 444,000 to AED 475 million for interested buyers.

Studio flats in Business Bay have the best return on investment (ROI) at 6.0 percent. 1-bed flats come in second with a 5.6 percent return, followed by 3-bed flats with a 5.3 percent return. The 2-bed flats offer a 5.1 percent return on investment. The ROI for the 4- and 5-bed apartments is 4.5 percent and 3.9 percent, respectively.

AED 2.0 million for a two-bedroom villa and AED 2.8 million for a three-bedroom home. A four-bedroom home in Business Bay is now on the market for between AED 4.6 Million and AED 7.0 Million.

The average price of a three-bedroom apartment in Business Bay is AED 4.2 Million.

Shops and offices for sale in Business Bay Dubai are available to commercial real estate investors.

An office in Business Bay may be purchased for anywhere between AED 212,000 to AED 34.7 million. In Business Bay, a retail store for sale costs between AED 439,000 to AED 13 Million.

It has become a sought-after destination in the city, attracting tenants, buyers, and visitors alike, thanks to a variety of gorgeous apartments, hotel flats, and hotels. The area is also near to the Dubai Creative District, a design attraction, and Jumeirah, one of Dubai’s oldest destinations.

Business Bay Properties

Business Bay is a premier city location with a variety of assets, covering an area of more than 80 million square meters. Apartments make up the majority of the residential structures, and many of the Business Bay skyscrapers are part of Dubai’s distinctive skyline.

In addition to the Sky Villas and the Marasi floating villas along the Dubai Canal, the Executive Towers include a few pavilion-style villas for rent. There are many studios, one, two, and three-bedroom apartments, as well as some luxury four-bedroom apartments and penthouses, to choose.

Omniyat’s private residences, Binghatti Developers’ Millennium Binghatti residences, and DAMAC Properties’ Paramount Towers are all popular off-plan complexes in Business Bay.

The area is famous for its bustling, cosmopolitan environment, which draws a significant number of young professionals who work in Downtown Dubai, Sheikh Zayed Road, and the DIFC. The lifestyle is mostly suited to young and single people, although many families have shown an interest in the region, particularly for investing in flats. There is a fair mix of nationalities in Business Bay, which is classified as a multicultural area by ex-pats.

Attractive Key Points

• Several high-end hotels are located here, notably the JW Marriott Marquis, which was formerly the world’s tallest hotel.
• A lifestyle destination featuring a variety of restaurants, cafés, and eating establishments that offer ultra-exclusive services.
• Residential and professional center with large skyscrapers.
• Due to planned developments and initiatives, it is a favorite among investors.
• On the banks of the Dubai Canal, offering spectacular views of the cityscape.
• A global culture of luxury.
• The Burj Khalifa, the Dubai Fountain, the Dubai Aquarium, and the Underwater Zoo are all nearby renowned Dubai entertainment sites.

The restaurants range from casual dining eateries to fine-dining outlets. Like most upscale locations in Dubai, Business Bay has built a commendable repertoire of interesting dining options.

Waka in Oberoi, Mama’esh in Bayswater Tower, Cuisinero Uno in Steigenberger Hotel and Tong Thai in JW Marriott Marquis are some of the well-known restaurants in Business Bay. The many dining outlets in Downtown Dubai, City Walk and DIFC are also a short distance away.

When it comes to licensed bars and pubs there is no shortage for those living in the community. The Backyard in Steigenberger Hotel, Vault in JW Marriott Marquis and The Eloquent Elephant in Taj Dubai are some of the best lounges and bars in Business Bay.

Exclusive parking spaces are available for owners of the area’s residences. On Al A’amal and Al Sa’ada streets, there is some free public parking. There are also several private parking that charge more than AED 10 per hour. Business Bay Dubai is connected ideally to two of the city’s major streets: Sheikh Zayed Road in the north and Al-Khail Road in the south. In addition, a direct exit takes you to Downtown Boulevard.

It is not difficult to go about the area. Those who utilize Business Bay public transit can use the Business Bay metro station, as well as a variety of Cabs and buses that run through the area.

Burj Khalifa / Dubai Mall Station, Financial Center Station, and Emirates Towers Station are all nearby metro stations.

For the spiritual requirements of the population, there are no actual mosques in Business Bay. Only a 15-minute drive away is the world-famous Jumeirah Mosque. The magnificent Al Ghafoor Mosque and the Burj Khalifa Mosque in downtown Dubai are two prominent mosques near Business Bay.

St. Mary’s Catholic Church and the Church of the Holy Trinity in Oud Metha, both approximately 15 minutes distant, are the nearest churches to inhabitants. Residents of the community who are Hindu may travel to Bur Dubai and visit the Shiva and Krishna temples, which are about 25 minutes away.

• Hummingbird Nursery on Bay Avenue, Maple Bear Pre School in Burlington Tower, Blossoms Nursery in downtown Dubai, and Canadian Kids Nursery in Churchill Towers are among the top kindergartens in town for parents with younger children.
• The Jumeirah English Speaking School and the Safa British School in Al Safa are two primary and secondary schools in Business Bay.
• Up to grade 12, the Dubai International School Al Quoz follows the American curriculum. Al Meydan Road is home to Towheed Iranian Boys School.
• GEMS The Manama Hypermarket, Al Meydan Road, and the Global Indian International School are all close to our Indian school (GIIS). The Al Manar Islamic Center, on Al Meydan Road, is close to the Dubai Campus.
• Gems Wellington Primary School in Al Satwa is another school in Business Bay that provides the UK / IB system up to the 13th grade.
• For older students, the Dubai Knowledge Park’s universities are conveniently accessible by automobile and public transportation and provide educational programs from internationally known institutions.

One of Business Bay’s finest hospitals, Emirates Hospital Clinic on Bay Avenue, excels at treating minor illnesses. Medicare Hospital in Safa and Emirates Hospital in Jumeirah are both about a 15-minute drive away if you need more testing.

The hotels in Business Bay are luxurious resorts that offer proximity to the many tourist attractions part of Downtown Dubai. The best hotels in Business Bay are:

• Steigenberger Hotel
• Radisson Blu Hotel Waterfront
• JW Marriott Marquis Hotel
• Taj Dubai
• The Oberoi

The Steigenberger Hotel is one of the most popular hotels in the area. It is a 5-star hotel location on Al Abraj Street. The 19-floor hotel also has many dining options. It is home to The Backyard, a nightlife spot that is one of the best bars in Business Bay.

Radisson Blu Hotel Waterfront is located adjacent to the Dubai Water Canal. The hotel consists of 432 rooms, 11 meeting rooms and 8 fine-dining restaurants and bars.

Known to be the second tallest hotel in the world, JW Marriott Marquis Hotel Dubai is one of the best 5-star hotels in Dubai. The twin-towered hotel can be seen from all over Business Bay Dubai. It offers a large 80,000 sq. ft. ballroom, an outdoor pool, a spa and 14 dining venues.

Taj Dubai is located on the edge of Business Bay. It is within walking distance from both the Business Bay and Burj Khalifa/Dubai Mall metro stations. The hotels also offer deluxe rooms, a spa, outdoor pools and various other amenities.

The Oberoi offers views of Burj Khalifa from the balconies of its luxury hotel rooms. The hotel also features Ananta which is one of the best fine-dining Indian restaurants in Dubai. Guests can take advantage of the free valet parking and yoga classes.

Business Bay is located near downtown Dubai, with the Al Quoz industrial district to the north and Al Habtoor, a new contemporary town on the opposite side of the Dubai Canal. It is close to the DIFC, Al Safa, Jumeirah, and Sheikh Zayed Road, making it a great place to rent or buy real estate for city professionals.