Business Bay
Central Dubai's working core — the canal-facing counterpart to Downtown.
- Median asking price
- AED 1.6M
- Price per sqft
- AED 1,550
- Median rental yield
- 6.8%
- Active listings
- 65+
About Business Bay
Business Bay sits immediately south of Downtown Dubai, separated by the Dubai Water Canal. It combines commercial-tower infrastructure with a mature residential stock — roughly 60,000 homes, mostly 1-2BR apartments. Prices are 25-35% below Downtown for comparable quality, making it a preferred 'proxy Downtown' play for yield-focused investors.
Why buyers choose Business Bay
- Canal-facing inventory at 30% discount to Downtown
- Metro: Business Bay station on the Red Line
- Executive Towers + DAMAC Towers anchor the commercial mix
- Growing hotel + hospitality cluster driving rental demand
- Rental yields 6-8% — higher than Downtown by ~150 bps
Best fit for
- Yield-focused investors wanting central location
- Expat executives working in DIFC/Downtown
- Buyers priced out of Downtown
- Short-term rental operators targeting business travelers
Current Business Bay listings
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Studio | Water View Balcony | Business Bay
461 sqftAED 1,155,000
1BR Apartment | Mid-High Floor | Business Bay
1 BR · 574 sqftAED 1,380,000
Jumeirah branded 3BR I Stunning canal view
3 BR · 3372 sqftAED 16,400,000
Ready To Move | Furnished | Business Bay
1 BR · 802 sqftAED 1,500,000
Ready 1BR | Balcony | Business Bay
1 BR · 842 sqftAED 2,400,000
Premium Location | Burj Khalifa View | High Floor
1 BR · 822 sqftAED 2,200,000