Business Tower

Completed · Q1 2011|166 units · 1 podium

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Business Tower is a completed apartment development by DAMAC PROPERTIES CO (L.L.C) in Business Bay, comprising 166 registered units. 443 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,727 per sqft. At AED 1,727 per sqft, Business Tower prices 29% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · ↑13.0% YoY

1.74MAED

Typical

1,727AED

PSF

Gross yield

6.8%

PIX© rent ÷ PIX© price

Sale records

443

DLD · all time

Rent contracts

1,442

Ejari · all time

SATELLITE

LocationBusiness Bay in Business Bay

Drive times · typical

Downtown Dubai10 min · 4.1 km

DXB Airport16 min · 15.7 km

DIFC13 min · 6.2 km

Dubai Marina21 min · 20.9 km

Palm Jumeirah22 min · 23.2 km

Nearest · straight-line

Metro stationBusiness Bay1.5 km

MallRed Looms0.3 km

SchoolUHGYM O14 Tower0.1 km

HospitalSmartDoctor GCC

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Business Tower1,727AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 367 – 1,450 sqft	166	1.74M	1,727	↑13.0%	118K	6.8%
Office 512 – 1,227 sqft	151
Shop 367 – 1,450 sqft	15

Sales — Project-Wide443 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
7 Aug 2026	Floor 11	978	1,735,000	1,774	+116.9%	Standard	Standard Sale
1 Jul 2026	Floor 10	1,227	1,647,655	1,343	+49.8%	Entry Level	Standard Sale
9 Jun 2026	Floor G	1,411	4,063,680	2,880	—	Standard	Payment Plan Sale

Rentals — Project-Wide1,442 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Floor Analysis

last 24 months

Floors	Median Rent / Yr
All floors	208 rentals
Floors 4-10	97 rentals
Floors 11-19	81 rentals
Floors 20-22	30 rentals

Median Rent / Yr · 208 rentals

Floors 4-10 · 97 rentals

Floors 11-19 · 81 rentals

Floors 20-22 · 30 rentals

Latest contracts

Start Date	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
17 Aug 2026	Floor 18	956	160,000	167	-22.3%	Premium	new
5 Aug 2026	Floor 10	822	90,000	109	0.0%	Entry Level	new
5 Aug 2026	Floor 10	822	90,000	109	0.0%	Entry Level	new

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Business Tower

Compared with

The Mertopolis

PIX© PSF

1,863

Rank

#16 of 32

#15 of 32

Typical price

1.72M

Yield

7.5%

Units

166

332

Sales

157

Rents

277

739

Developer

DAMAC PROPERTIES CO (L.L.C)

DEYAAR DEVELOPMENT (P.J.S.C)

Handover

2011

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Sobha Sapphire SOBHA VENTURES LIMITED · 2011	172					79	999
	Xl Tower DAMAC PROPERTIES CO (L.L.C) · 2010	165					74	302
	Westburry Tower TASAMEEM REAL ESTATE ( TASAMEEM ) OWNED BY UNITED INTERNATIONAL REPRESENTATION OF COMPANIES L L C - SOLE PROPRIETORSHIP L.L.C · 2014	280					95	1,873
	Empire Heights GPD INVESTMENTS SPV ONE LIMITED · 2011	221					141	3,688
	The Mertopolis DEYAAR DEVELOPMENT (P.J.S.C) · 2011	332					157	739
16	Business Tower DAMAC PROPERTIES CO (L.L.C) · 2011	166	1,863	Subject	1.72M	7.5%	67	277
	International Business Tower	149					53	198
	The Prism CREDO INVESTMENTS F Z E · 2010	300					109	905
	Churchill Tower EMIRATES NATIONAL INVESTMENT CO (L.L.C) · 2009	1,168					415	1,802
	Opal Tower MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH · 2012	206					92	1,148
	The Exchange TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C · 2015	188					50	2,802

Community median 1,863 AED/sqft. Showing the closest-ranked peers of 32 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 46 excluded for trading only in the off-plan market. 28 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Churchill TowerAED 1,723/sqft
Prime TowerAED 1,735/sqft
Residence-110AED 1,761/sqft
Aykon City 2AED 1,691/sqft
014 TowerAED 1,690/sqft
Sobha Ivory - 2AED 1,768/sqft

Common questions about Business Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Business Tower cost?

Property in Business Tower sells at a current PIX© price of AED 1,727 per sqft, or about AED 1,738,525 for a typical unit, based on 443 sales registered with the Dubai Land Department.

Is Business Tower completed?

Yes. Business Tower is recorded as completed in the Dubai Land Department project register (completed q1 2011).

Who is the developer of Business Tower?

Business Tower is developed by DAMAC PROPERTIES CO (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Business Tower?

Business Tower yields 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,442 registered Ejari contracts.

How many units are in Business Tower?

Business Tower holds 166 registered units, per the Dubai Land Department unit register.

Have prices in Business Tower gone up or down?

Price per sqft has risen +13.0% over the last 12 months, to AED 1,727, across 443 registered sales.