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Business Bay is a trendy mixed-use district in Dubai. Set alongside the gleaming waters of the Dubai Canal, it neighbours the city’s most happening centre, Downtown Dubai.
Business Bay Dubai spans 46.9 million sq. ft., of which 22.1% is allocated for residential projects, 18.5 % for commercial use and 59.4% is dedicated to mixed operations. This recognised destination is home to leading international and local businesses, architectural masterpieces, renowned hospitality groups, public transport links and many top-notch amenities.
According to Bayut’s Annual Dubai Rental Report 2023, Business Bay is one of the top areas for renting luxury apartments. You can also browse the rental transaction analysis for properties in Business Bay, as recorded by DLD over the past 12 months.
IN A NUTSHELL
- A leading business hub in Dubai
- Features residential and commercial skyscrapers
- Located on the banks of the Dubai Canal
- Close to Burj Khalifa, The Dubai Fountain and the Dubai Aquarium
- Investor-favourite due to upcoming developments and projects
- Home to the former tallest hotel in the world, JW Marriott Marquis
- Popular lifestyle destination because of several restaurants, cafes and hotels
home
Neighbourhood
COMMUNITY OVERVIEW
True to its name, the area is home to commercial buildings featuring high-profile offices, banks and shops. Business Bay’s fast-paced vibes attract a huge population of young professionals. Plus, proximity to Downtown Dubai, Sheikh Zayed Road and DIFC greatly adds to its appeal. Some of the region’s leading hotel chains, including Taj, Anantara and Marriott, are present in the neighbourhood.
Business Bay lies along the waters of Dubai Creek
The lifestyle at Dubai Properties Business Bay caters largely to young couples and singles, but many families also invest in apartments. With a selection of beautiful apartments, penthouses, hotel apartments and hotels, Business Bay Dubai has grown into a coveted address, eliciting an equal amount of interest from renters, buyers and tourists. The area is also close to Dubai Design District and one of the city’s oldest hotspots, Jumeirah.
Properties in Business Bay Dubai
Business Bay area enjoys a prime location in the city, featuring apartments and penthouses. Many Business Bay buildings make up Dubai’s iconic skyline. Apartments in Business Bay are available as studios, 1, 2 and 3-bedroom apartments and 4-bedroom luxury apartments and penthouses.
High-rise apartment towers in Business Bay, Executive Towers
4-bedroom penthouses in Business Bay span 6,600 sq. ft. to 7,341 sq. ft. You can also find duplexes with four spacious bedrooms, a maid’s room, five to six bathrooms, floor-to-ceiling windows, open and fully fitted kitchen, a comfortable living and dining space, a storage room, a study room and parking spaces. These penthouses have a huge terrace with a private pool.
Dubai Properties Business Bay is also home to several hotel apartments in the studio to 3-bedroom layouts. These units comprise bedrooms with bathrooms, a spacious living area, a well-equipped kitchen, a separate sitting area, floor-to-ceiling windows and a large/balcony terrace
There are a few pavilion villas for rent in the Executive Towers apart from the Sky Villas and the Marasi floating villas along the Dubai Canal.
Commercial buildings in Business Bay Dubai
Popular commercial buildings in Business Bay include The Binary, Clover Bay Tower, The Prism, Tamani Arts Offices, The Citadel, Bayswater Tower, Iris Bay, The Exchange Business Bay and Metropolis Tower.
The Binary by Omniyat features five connected podium levels and 21-storey and 24-storey buildings above ground. The project also has three basements, a ground floor and 15 retail units on the ground floor.
Bayswater by Omniyat has 293 offices. The Citadel by Deyaar is a 48-storey commercial tower offering 406 offices.
UPCOMING PROJECTS IN BUSINESS BAY
| Off-Plan Development | Apartment Types Offered | Estimated Handover |
|---|---|---|
| Safa Two by DAMAC | Studio, 1, 2 and 3-bedroom apartments | 2026 |
| Chic Tower by DAMAC | Studio, 1 and 2-bedroom apartments | Q2, 2026 |
| Peninsula One by Select Group | Studio, 1, 2 and 3-bedroom apartments | Q4, 2024 |
| Peninsula Two by Select Group | Studio, 1 and 2-bedroom apartments | Q4, 2024 |
| Peninsula Three by Select Group | Studio, 1 and 2-bedroom apartments | Q4, 2024 |
| Peninsula Four The Plaza by Select Group | Studio, 1, 2, 3 and 4-bedroom apartments, duplexes and penthouses | 2026 |
| Regalia by Deyaar | Studios, 1, 2 and 3-bedroom apartments, duplexes and penthouses | 2024 |
| Jumeirah Living Business Bay | 2, 3 and 4-bedroom apartments and 4 and 5-bedroom penthouses | Q4, 2025 |
Popular off-plan developments to invest in Business Bay include Peninsula by Select Group, Safa Two by DAMAC Properties, Chic Tower by DAMAC, Regalia by Deyaar, The Paragon by IGO and Jumeirah Living Business Bay.
RENTAL TRENDS IN BUSINESS BAY
Popular buildings to rent apartments in Business Bay have a variety of amenities for tenants, such as well-equipped gyms, swimming pools, children’s play areas, covered parking and retail areas.