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Business Bay

Business Bay is a freehold district of high-rise towers next to Downtown Dubai, built along the Dubai Water Canal. Most homes are apartments, mixed with offices and hotels. It suits buyers who want a central address on the metro and a wide choice of buildings at prices below Downtown.

Business Bay
45
projects for sale
247788
from
AED 1,920 ($523)
resale median per sq ft, 2025
6–7%
expected gross rental yield
5 min
to Downtown Dubai by car

Where this area is

Nearby areas to compare

At a glance

Master developer
Dubai Properties, part of Dubai Holding.
Location
Next to Downtown Dubai, along the Dubai Water Canal and Sheikh Zayed Road.
Ownership
Freehold, so foreign buyers can own outright.
Homes
Mostly apartments in high-rise towers, from studios to large penthouses.
Transport
Business Bay station on the Red Line, open since 2010. The Gold Line, due to open in 2032, will have an interchange here.

Suits you if

  • You want to live or let close to Downtown and DIFC, on the metro.
  • You plan to rent out. The projected gross rental yield is about 6–7%.
  • You want a central address for less than in Downtown: the resale median here was AED 1,920 ($523) per sq ft in 2025.

Think twice if

  • You plan to sell soon after handover. Developers sold 8,588 homes here in 2025, and many towers will complete in the same years, so resale buyers will have plenty of choice. A well-placed tower with good layouts stands out, and buyers who hold for longer can wait out this phase.
  • You need schools inside the district. Families drive to schools in Al Safa and Sobha Hartland.

Living here

Schools

Jumeirah English Speaking School and GEMS Jumeirah Primary School in Al Safa, and Hartland International School in Sobha Hartland, are a short drive away.

Healthcare

Mediclinic City Hospital in Dubai Healthcare City is a short drive away.

Shopping

Bay Avenue inside the district, and The Dubai Mall next door in Downtown.

Sport and outdoors

The Dubai Water Canal promenade for walking, running and cycling.

Commute

About 5 minutes to Downtown Dubai, 25 to Dubai Marina and 20 to DXB airport by car outside rush hour. Sheikh Zayed Road and Al Khail Road get busy at peak times.

Buying here: prices and expected returns

  • AED 2,640 ($719) median price per sq ft for homes bought from developers in 2025, and AED 1,920 ($523) on resale. Resale prices rose 11% on 2024.
  • More than doubled since 2020: the resale price per sq ft rose from AED 800 ($218) to AED 1,920 ($523).
  • 13,835 homes changed hands in 2025.
  • About 6–7% projected gross rental yield (Bayut Dubai Sales Market Report H1 2026: 6.29% for apartments; DXB Interact, October 2026: 7%).
Median price per sq ft, AED
From developersResale

Source: DXB Interact, Dubai Land Department data. Data as of 15 October 2026.

New projects for sale here

Quality varies from tower to tower, so we screen out around 80% of projects before they reach a client’s shortlist.

See all projects

Questions buyers ask

Is Business Bay freehold?

Yes. Foreign buyers can own property there outright.

Is there a metro in Business Bay?

Yes. Business Bay station is on the Red Line, and the Gold Line will add an interchange here, due to open in 2032.

Is Business Bay good for families?

It suits families who want a central apartment. Schools are a short drive away in Al Safa and Sobha Hartland, and the canal promenade gives space to walk.

Is Business Bay a good investment?

The projected gross rental yield is about 6–7% (Bayut, H1 2026; DXB Interact, October 2026). Supply is high, so the tower you choose matters more than the area average.

How much does a home in Business Bay cost?

The median home sold for AED 1.67M ($455K) in 2025, and the resale median was AED 1,920 ($523) per sq ft. Current developer prices are on the project cards on this page.

How far is Business Bay from Dubai Marina and Downtown?

About 25 minutes to Dubai Marina and 5 to Downtown Dubai by car outside rush hour.