Business Bay
Business Bay is a Dubai Land Department registered area in Dubai with 174 registered projects and 142,448 units. 9,737 sales are registered with the Dubai Land Department in Business Bay, at a current PIX© price of AED 2,462 per sqft. At AED 2,462 per sqft, Business Bay prices 28% above the Dubai average of AED 1,921 per sqft on registered sales.
- Communities
- 2
- master communities
- Projects
- 174
- 102 completed · 72 in progress
- Inventory
- 142,448units
- 106,768 completed · 35,680 in progress
Communities
Every master community in Business Bay. PIX© PSF-priced communities appear first; communities without a current price follow. Select a marker or number for the snapshot.
| Rank | Community | Projects | Units | PIX© PSF | PSF YoY | Yield | Sales | Rents |
|---|---|---|---|---|---|---|---|---|
| Downtown Dubai 1 developer · 5 in progress | 5 | 1,195 | 423 | 206 | ||||
| Business Bay 95 developers · 102 completed · 60 in progress | 162 | 139,202 | 9,314 | 26,493 |
Common questions about Business Bay
Answered from Dubai Land Department registered transactions.
What is the average price per sqft in Business Bay?
Business Bay prices at AED 2,462 per sqft on current PIX© values, based on 9,737 sales registered with the Dubai Land Department in the last 12 months.
What is the cheapest project in Business Bay?
Mayfair Residency is the lowest-priced at AED 803 per sqft, and VELA by OMNIYAT the highest at AED 7,306 per sqft, across 157 priced projects with registered sales.
What is the rental yield in Business Bay?
Business Bay yields 6.7% gross, calculated from current PIX© rents against current PIX© sale prices across 26,699 registered Ejari contracts.
How many projects are in Business Bay?
Business Bay holds 174 registered projects comprising 142,448 units, per the Dubai Land Department project register.
Who are the main developers in Business Bay?
DEYAAR DEVELOPMENT (P.J.S.C) (13 projects), DAMAC STAR PROPERTIES (L L C) (10 projects), Binghatti Developers FZE (9 projects) are the most active registered developers in Business Bay, across 95 in total.
Have prices in Business Bay gone up or down?
Prices in Business Bay have fallen -9.5% over the last 12 months, to AED 2,462 per sqft, across 9,737 registered sales.
Is Business Bay expensive compared to Dubai?
At AED 2,462 per sqft, Business Bay prices 28% above the Dubai average of AED 1,921 per sqft on registered sales.
About Business Bay
Business Bay is a premier mixed-use central business and residential district in Dubai, United Arab Emirates, characterized by its iconic high-rise skyscrapers and waterfront setting along the Dubai Water Canal.
Master Planning and Concept
Conceived as Dubai's answer to Manhattan and Tokyo's Ginza, Business Bay was launched in 2003 by master developer Dubai Properties (a subsidiary of Dubai Holding). Spanning a massive area (variously reported as 64 million or 80 million square feet), the district was envisioned as a dense commercial hub. Over the years, particularly following the 2008 global economic shift, the master plan adapted to incorporate a substantial volume of residential and mixed-use towers. Today, it hosts multinational headquarters alongside ultra-luxury apartments, hotels, and retail outlets.
Waterfront and Infrastructure Development
The defining physical feature of Business Bay is the Dubai Water Canal, a 3.2-kilometre waterway that extended the historic Dubai Creek through the district and out to the Arabian Gulf. This extension enabled major waterfront developments, such as Marasi Business Bay. Marasi features a 12-kilometre promenade, floating water homes, five marinas, and various dining and retail spots. The canal promenade has transformed Business Bay from a strictly professional commercial area into a vibrant lifestyle and recreational destination.
Connectivity and Transit Networks
Business Bay is highly accessible, situated strategically between Sheikh Zayed Road (E11) and Al Khail Road (E44). It is serviced by its own dedicated elevated transit station on the Red Line of the Dubai Metro, the Business Bay Metro Station, which connects commuters to Downtown Dubai and DIFC in minutes. Additionally, RTA feeder buses (such as F14, F19A, F19B, F20, and F41) operate extensively throughout the area. Water transport is also active, with the Godolphin Marine Transport Station serving the DC2 water taxi route along the Dubai Water Canal.
Notable Subcommunities and Projects
The district contains several prominent self-contained projects and subcommunities. Bay Square, developed by Dubai Properties, is a completed 5-million-square-foot pedestrian-only zone consisting of 13 mid-rise buildings offering office, residential, and hotel spaces. Al Habtoor City is another massive mixed-use development on the canal, featuring luxury hotels, a state-of-the-art tennis academy, and three high-rise residential towers (Noora, Amna, Meera). Other architectural landmarks include Zaha Hadid's The Opus, SLS Dubai, and upcoming supertall towers like the Burj Binghatti Jacob & Co Residences.
- Dubai Water Canal PromenadeA 12-kilometre waterfront walkway and cycling track along the canal.
- Bay Avenue ParkA large green space located behind Bay Avenue featuring a jogging track, two children's playgrounds, and outdoor gym equipment.
- JW Marriott Marquis HotelA 355-meter tall twin-tower hotel featuring high-end restaurants, spas, and leisure facilities.
- Business Bay Metro StationRed Line metro station providing rapid transit connectivity to Downtown Dubai, DIFC, and the rest of the city.
- Godolphin Marine Transport StationA marine transit stop along the Dubai Water Canal served by the DC2 water taxi route.