--- title: "Business Bay, Dubai" canonical: https://www.uaepropertyagents.com/dubai/business-bay markdown: https://www.uaepropertyagents.com/md/dubai/business-bay.md type: area description: "A dense high-rise district along the Dubai Water Canal, next to Downtown Dubai. Apartments and serviced residences at every price point, from studios to canal-front penthouses." last_verified: 2026-11-12 sources: 6 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Business Bay: property and area guide > A dense high-rise district along the Dubai Water Canal, next to Downtown Dubai. Apartments and serviced residences at every price point, from studios to canal-front penthouses. Facts last verified 12 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Emirate | [Dubai](https://www.uaepropertyagents.com/dubai) | | Area type | district | | Tenure | Freehold for all nationalities | | Also known as | Business Bay Dubai, Marasi Bay | | Coordinates | 25.185, 55.266 | | Developments covered | 15 | | Wikidata | [Q774250](https://www.wikidata.org/wiki/Q774250) | ## Overview Business Bay is the mixed-use district immediately south and west of [Downtown Dubai](https://www.uaepropertyagents.com/dubai/downtown-dubai), built along the Dubai Water Canal and fronting Sheikh Zayed Road. Offices, hotels and apartment towers stand side by side along the canal promenade and the Marasi Bay waterfront. The housing stock is almost all apartments and serviced residences, from studios to three-bedroom flats, with penthouses and a few podium townhouses and duplexes. The range of developers is unusually wide. [Emaar](https://www.uaepropertyagents.com/developers/emaar) is selling Avarra by Palace here; [Danube](https://www.uaepropertyagents.com/developers/danube) is selling the 102-level Bayz 102; [Omniyat](https://www.uaepropertyagents.com/developers/omniyat) sells waterfront residences at Vela Viento from AED 28 million; and [Binghatti](https://www.uaepropertyagents.com/developers/binghatti) lists four towers in the district. That breadth is the point and the risk. Business Bay suits buyers who want to be within a five-minute drive of Downtown without paying Downtown prices, and investors who want a liquid rental market. It also keeps adding stock: Bayz 102 alone is planned as 956 apartments, many of them studios, so new buildings compete with each other for the same tenants. Business Bay station on the Red Line serves the Sheikh Zayed Road side. The canal side is further from the metro and relies on cars and taxis. Al Khail Road and Ras Al Khor Road give routes out that avoid Sheikh Zayed Road. ## Who it suits - Investors wanting a liquid central rental market - Professionals working in Downtown or DIFC - Buyers priced out of Downtown Dubai - Short-stay rental operators ## Highlights - About five minutes by car from Downtown Dubai and 15 minutes from Dubai International Airport (Bayut area guide) - Red Line metro at Business Bay station - Dubai Water Canal promenade for walking, running and waterside restaurants - Very wide choice of buildings and developers at every budget - Large, active resale and rental market ## Considerations - New towers keep launching and completing here; S&P expected Dubai apartment prices to fall further than villa prices because of the supply pipeline (The National, 7 October 2026) - Build quality and management vary sharply from tower to tower; compare the specific building, not the district - Traffic slows at peak times, particularly at the entrances from Sheikh Zayed Road and Al Khail Road - Construction continues on many plots, so views and noise can change after you buy - Canal-side towers are a drive or a long walk from the metro - Very tall towers bring long lift waits and higher service charges; ask for the estimated charge per square foot in writing ## Drive times - Downtown Dubai: about 5 minutes - Dubai International Airport: about 15 minutes ## Developments in Business Bay - [Binghatti Skyhall](https://www.uaepropertyagents.com/dubai/business-bay/binghatti-skyhall): Binghatti; Business Bay, Dubai; under construction; handover Q4 2026; from AED 1,304,000 (as of 2026-11-12) - [Binghatti Skyrise](https://www.uaepropertyagents.com/dubai/business-bay/binghatti-skyrise): Binghatti; Business Bay, Dubai; under construction; handover Q4 2026; from AED 2,544,999 (as of 2026-11-12) - [One by Binghatti](https://www.uaepropertyagents.com/dubai/business-bay/one-by-binghatti): Binghatti; Business Bay, Dubai; under construction; handover Q4 2026; from AED 3,049,999 (as of 2026-11-12) - [Binghatti Aquarise](https://www.uaepropertyagents.com/dubai/business-bay/binghatti-aquarise): Binghatti; Business Bay, Dubai; under construction; handover Q1 2027; from AED 2,000,000 (as of 2026-11-12) - [Burj Binghatti Jacob & Co Residences](https://www.uaepropertyagents.com/dubai/business-bay/burj-binghatti-jacob-co-residences): Binghatti; Business Bay, Dubai; under construction; handover Q2 2027; from AED 8,400,000 (as of 2026-11-12) - [Bugatti Residences by Binghatti](https://www.uaepropertyagents.com/dubai/business-bay/bugatti-residences-by-binghatti): Binghatti; Business Bay, Dubai; under construction; handover Q3 2027; from AED 19,400,000 (as of 2026-11-12) - [Altitude de GRISOGONO](https://www.uaepropertyagents.com/dubai/business-bay/altitude-de-grisogono): DAMAC Properties; Business Bay, Dubai; under construction; handover Q1 2028; from AED 3,621,000 (as of 2026-11-13) - [Bayz 101 by Danube](https://www.uaepropertyagents.com/dubai/business-bay/bayz-101-by-danube): Danube Properties; Business Bay, Dubai; under construction; handover Q2 2028; from AED 1,175,000 (as of 2026-11-13) - [Canal Heights de GRISOGONO](https://www.uaepropertyagents.com/dubai/business-bay/canal-heights-de-grisogono): DAMAC Properties; Business Bay, Dubai; under construction; handover Q2 2028; from AED 12,460,000 (as of 2026-11-13) - [Canal Heights 2 de GRISOGONO](https://www.uaepropertyagents.com/dubai/business-bay/canal-heights-2-de-grisogono): DAMAC Properties; Business Bay, Dubai; under construction; handover Q3 2028; from AED 2,828,000 (as of 2026-11-13) - [Couture by Cavalli](https://www.uaepropertyagents.com/dubai/business-bay/couture-by-cavalli): DAMAC Properties; Business Bay, Dubai; under construction; handover Q4 2028; from AED 21,904,000 (as of 2026-11-13) - [Bayz 102 by Danube](https://www.uaepropertyagents.com/dubai/business-bay/bayz-102-by-danube): Danube Properties; Business Bay, Dubai; under construction; handover Q2 2029; from AED 2,400,000 (as of 2026-11-13) - [Avarra by Palace](https://www.uaepropertyagents.com/dubai/business-bay/avarra-by-palace): Emaar Properties; Business Bay, Dubai; launched; handover Q2 2031; from AED 3,232,888 (as of 2026-11-13) - [One River Point](https://www.uaepropertyagents.com/dubai/business-bay/one-river-point): Ellington Properties; Business Bay, Dubai; under construction; handover Q2 2027 - [DaVinci Tower by Pagani](https://www.uaepropertyagents.com/dubai/business-bay/davinci-tower): Dar Global; Business Bay, Dubai; ready; handover 2025; from AED 5,020,000 (as of 2026-11-13) ## Nearby areas - [Downtown Dubai](https://www.uaepropertyagents.com/dubai/downtown-dubai) - [Dubai Design District](https://www.uaepropertyagents.com/dubai/dubai-design-district) - [City Walk](https://www.uaepropertyagents.com/dubai/city-walk) - [Meydan](https://www.uaepropertyagents.com/dubai/meydan) - [Sobha Hartland II](https://www.uaepropertyagents.com/dubai/sobha-hartland-2) - [Al Jaddaf](https://www.uaepropertyagents.com/dubai/al-jaddaf) ## Questions and answers ### Is Business Bay freehold? Yes. Business Bay is a freehold area where foreign nationals can buy, and the off-plan projects listed here are sold freehold according to Property Finder's project pages. ### Is Business Bay a good place to invest in 2026? It is central, liquid and well connected, which supports rental demand. It also has a large pipeline of new apartments, and 2026 was a weaker year for Dubai home sales. Choose on the building, the developer's delivery record and the service charge rather than on the district name. ### Which metro station serves Business Bay? Business Bay station on the Red Line, on the Sheikh Zayed Road side of the district. Towers on the canal and Marasi side are further away and most residents there drive or use taxis. ### How much does new property in Business Bay cost? Among the developments we cover in Business Bay, prices start from AED 1,175,000 at [Bayz 101 by Danube](https://www.uaepropertyagents.com/dubai/business-bay/bayz-101-by-danube). The highest entry price is AED 21.9M at Couture by Cavalli. ### Which developers are building in Business Bay? Current developments we cover in Business Bay are by Binghatti, DAMAC Properties, Danube Properties, Emaar Properties, Ellington Properties and Dar Global. ### What are property prices in Business Bay per square foot? Published figures for Business Bay: AED 2,448 per sq ft for all homes (average sale price per sq ft; Property Finder, from registered transactions, 12 months to 12 November 2026, 5,741 sales). Averages move with the mix of homes sold, and asking prices usually sit above prices paid. Compare areas in our [price per sq ft table](https://www.uaepropertyagents.com/data/area-prices). ### What is the rental yield in Business Bay? The published average gross rental yield in Business Bay is 6.85% for all homes (Property Finder, from registered transactions, 12 months to 12 November 2026, 5,741 sales). Gross yield is before service charges, empty months, management and fees, so the net figure is lower: work it out for a specific home with the [rental yield calculator](https://www.uaepropertyagents.com/tools/rental-yield-calculator), or compare areas on [rental yields by area](https://www.uaepropertyagents.com/data/area-yields). ### What is the average rent in Business Bay? The average annual rent on new contracts in Business Bay is AED 105,698 for all homes (Property Finder, from registered tenancy contracts, 12 months to 12 November 2026, 20,729 contracts). That average mixes studios with larger homes, so ask for the rents achieved on comparable units before relying on a figure for one property. ## Sources Facts on this page were last checked against these sources on 12 November 2026. - [Bayut area guide: Business Bay](https://www.bayut.com/area-guides/business-bay/) - [Emaar: Avarra by Palace at Business Bay](https://www.emaar.com/en/properties/avarra-by-palace-at-business-bay) - [Danube Properties: Bayz 102](https://danubeproperties.com/projects/bayz-102/) - [Property Finder: Vela Viento by Omniyat](https://www.propertyfinder.ae/en/new-projects/omniyat/vela-viento) - [Binghatti: project list](https://www.binghatti.com/) - [The National: Dubai home sales in Q3 2026, 7 October 2026](https://www.thenationalnews.com/business/property/2026/10/07/dubai-home-sale-transactions-fall-in-third-quarter-due-to-regional-uncertainty/) --- Source page: https://www.uaepropertyagents.com/dubai/business-bay. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.