Grosvenor Business Bay Tower

In Progress · Date not reported

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Grosvenor Business Bay Tower is an in-progress apartment development in Business Bay. 31 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,813 per sqft. At AED 1,813 per sqft, Grosvenor Business Bay Tower prices 25% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · ↑0.8% YoY

3.28MAED

Typical

1,813AED

PSF

Gross yield

4.5%

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

285

Ejari · all time

SATELLITE

LocationBusiness Bay in Business Bay

Drive times · typical

Downtown Dubai6 min · 1.9 km

DXB Airport16 min · 15.9 km

DIFC10 min · 4.8 km

Dubai Marina26 min · 22.9 km

Palm Jumeirah26 min · 24.3 km

Nearest · straight-line

Metro stationBusiness Bay1 km

MallRoyal Boutique flowers0.4 km

SchoolOCD Events LLC

HospitalProalign Face & Smile Clinic0.2 km

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Grosvenor Business Bay Tower1,813AED/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	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide —	3.28M	1,813	↑0.8%		147K	4.5%
Office 1,077 – 1,808 sqft
Shop —	—	—	—	—	—	—

Sales — Project-Wide31 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
8 Apr 2025	Floor 8	1,808	3,277,500	1,813	+26.8%	Standard	Standard Sale
24 Mar 2025	Floor 5	1,196	1,825,000	1,526	+238.0%	Standard	Standard Sale
6 Jan 2025	Floor 19	1,433	2,050,000	1,431	+105.0%	Standard	Standard Sale

Rentals — Project-Wide285 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	100 rentals
Floors 5-10	45 rentals
Floors 12-20	55 rentals

Median Rent / Yr · 100 rentals

Floors 5-10 · 45 rentals

Floors 12-20 · 55 rentals

Latest contracts

Start Date	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Jul 2026	Floor 19	1,808	127,948	71	+8.6%	Standard	renewal
15 Jul 2026	Floor 10	1,808	180,800	100	+16.7%	Premium	renewal
15 Jul 2026	Floor 8	1,087	108,700	100	+16.7%	Standard	renewal

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

Grosvenor Business Bay Tower

Compared with

Crystal Tower

PIX© PSF

1,657

Rank

—

#23 of 32

Typical price

2.58M

Yield

5.6%

Units

—

441

Sales

Rents

441

Developer

—

REEF REAL ESTATE INVESTMENT CO (L.L.C)

Handover

—

2010

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Crystal Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · 2010	441					25	441
	Business Tower DAMAC PROPERTIES CO (L.L.C) · 2011	166					67	277
	Sobha Ivory - 2 SOBHA PROPERTIES LIMITED · 2010	92					21	150
	Clover Bay GREEN EMIRATES PROPERTIES CO.PSC · 2011	302					116	1,571
	Prime Tower SIDRA LIMITED · 2014	206					60	1,755
	International Business Tower	149					53	198
–	Grosvenor Business Bay Tower	—	1,657	Subject	2.58M	5.6%	3	89
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · 2011	368					113	498
	Oxford Tower DEYAAR DEVELOPMENT (P.J.S.C) · 2012	105					35	184
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · 2010	300					187	8,818
	Sobha Ivory JUPITER ESTATES LIMITED · 2010	92					38	192

Community median 1,847 AED/sqft. Showing the closest-ranked peers of 32 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 46 excluded for trading only in the off-plan market. 27 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.

Iris BayAED 1,812/sqft
Bay's EdgeAED 1,806/sqft
The PrismAED 1,832/sqft
RegaliaAED 1,833/sqft
BayswaterAED 1,791/sqft
West Wharef TowerAED 1,781/sqft

Common questions about Grosvenor Business Bay Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Grosvenor Business Bay Tower cost?

Property in Grosvenor Business Bay Tower sells at a current PIX© price of AED 1,813 per sqft, or about AED 3,277,489 for a typical unit, based on 31 sales registered with the Dubai Land Department.

When is Grosvenor Business Bay Tower handing over?

Grosvenor Business Bay Tower is under construction.

What is the rental yield in Grosvenor Business Bay Tower?

Grosvenor Business Bay Tower yields 4.5% gross, calculated from current PIX© rent against current PIX© sale price, across 285 registered Ejari contracts.

Have prices in Grosvenor Business Bay Tower gone up or down?

Price per sqft has risen +0.8% over the last 12 months, to AED 1,813, across 31 registered sales.