Properties in Business Bay
The community holds mixed-use properties which means there are ranges of residential, commercial and leisure properties being developed. On top of it, Business Bay holds freehold status and allows foreigners to invest here. Both commercial and residential its name is quite sought-after amongst others.
Whether you are searching for luxury houses then Business Bay is the address. The community has luxury apartments and comfortable studio apartments. The properties here are well-defined with stylish interiors and finishes, maintain cutting edge standards, smart home features and allow you to live a best in class lifestyle.
Average Property Price in Business Bay
The average property price for a 1-bed apartment in Business Bay Dubai is between AED 800,000 – AED 1,650,000. Apartments are quite a preferable choice in Business Bay hence they come in different typologies and you can see the table below where both typologies and prices are listed of recent 3 months.
|Average Property Price in Business Bay
ROI in Business Bay
Business Bay is the most preferred choice for investment, besides this, it’s a freehold zone hence allowing foreigners to invest here. Provides 100% ownership and gives the best returns too. The highest ROI for a studio apartment is 7.50% here. Similarly, for a 1-bed apartment, it is 5.8% and the rest of the typologies and ROI are given below in the table.
|Average ROI in Business Bay
Master Plan of Business Bay
The master plan of Business Bay has brilliantly developed over 46.9 million sq.ft. As mentioned above it’s a mixed-used community hence investors can witness different types of properties here including residential, commercial, and leisure real estate too.
Business Bay has nearly 191,000 population and nearly 22.1 % of the area is dedicated for residential purposes, 18.5% for commercial and 59.4% for mixed-use. So, the community holds everything in its heart. The community provides top-notch living and there are some best residential towers in Business Bay Dubai are DAMAC Towers by Paramount Hotels and Resorts, DAMAC Maison Prive, The Opus by Omniyat, Executive Towers, Ontario Tower, DAMAC The Residences, DAMAC Canal Heights, Dolphin Tower, B2B Tower and so on.
Additionally, the community is loaded with other social services like parks, jogging and cycling tracks, malls, schools, F&B, banks and other government offices, parking areas, and so on.
- Shopping Malls
- Fitness Centres
- Government Offices
Facilities & Services in Business Bay
Business Bay is the best community in Dubai where everything is smartly developed to serve the residents a supportive ambience. As the community is a mixed-used development, it offers mixed amenities, hence, you can easily get all things just at your doorstep. Residents here would get the best environment where they would be facilitated with a range of social amenities.
The community is replete with all types of high-end amenities and allows you a perfect environment where life is quite easy when you live. Each service is just close to your doorstep and you will experience myriads of high-end amenities. Business Bay has top-notch schools, reputed healthcare services and a range of supermarkets are well planned.
Additionally, the Business Bay offers dedicated parking spaces for residents and also free public parking for visitors on Al A’aam Street and Al Sa’ada Street. Further, there are many outdoor activities planned such as Bay Avenue Park, and pet-friendly Burj Park.
The community also organised community events like farmer’s markets, music festivals and even occasion-based celebrations, including Earth Day, and Mother’s Day and allowed residents to participate and learn new things.
- Business Bay Public Park
- Waterplace Park
- Marasi Drive Park
- Bay Avenue Mall
- City School Holdings International
- Repton School Dubai
- Nord Anglia International School
- Hotels & Hotel Apartments
- West Zone Fresh Supermarket
- Viva Supermarket
- W Mart Supermarket
- Business Bay Clinic
- Pearl Dental Clinic
- Emirates Hospital Clinic
- French Medical Centre
- Community Events
Location of Business Bay
Business Bay is closely connected to Downtown Dubai and shares its boundary with the most affluent neighbourhoods like Dubai Marina (20 minutes), Palm Jumeirah (21 minutes), City Walk (10 minutes), and Jumeirah (10 minutes). Sheikh Zayed Road is just 18 minutes away and via this, you can travel to many prominent places and other connectivity.
Attractions in Business Bay
- 08 Minutes – Dubai Fountain
- 08 Minutes – Burj Khalifa
- 07 Minutes -Dubai Opera
- 07 Minutes -The Green Planet
Park & Beaches in Business Bay
- 19 Minutes – La Mer Beach
- 06 Minutes – Al Quoz Pond Park
- 07 Minutes – Safa Park
- 07 Minutes – Bay Avenue Park
- 08 Minutes – WaterPlace Park
- 10 Minutes -Jumeirah Beach
Café / Restaurants in Business Bay
- 06 Minutes – Iqbal Restaurant
- 05 Minutes – Spring Onion Restaurant
- 03 Minutes – Nurai Café
- 07 Minutes – The Kana Café
Hotels in Business Bay
- 02 Minutes – Canal Central Hotel
- 03 Minutes – Grand Millennium Hotel
- 05 Minutes – Park Regis Business Bay
- 08 Minutes – Taj Dubai
- 07 Minutes – JW Marriott Marquis Hotel
Public Transportation in Business Bay
Now make your everyday commute easy to anywhere in Dubai City at Business Bay. Because here the community provides robust public transportation services. Business Bay Metro services would make your commute smooth and hassle-free. Burj Khalifa Metro Station/Dubai Mall Metro Station, Financial Centre Station, and Emirates Towers Station are some nearby metro services.
Similarly, the community provides taxis and bus services so in case you prefer solo travel then it would be the best option to explore the city.
Why Invest in Business Bay?
- The community offers a wide range of perks and not only offers a locality for a living but also gives stunning views. Hence, if you are buying property over here then not only you will get a luxury apartment but also a luxury view of Burj Khalifa, Dubai Canal and the city skyline from your abode’s balcony and this is the worth of living here.
Ample Employment opportunities
- Business Bay is home to 17,000+ companies that hold MNC standards and offers endless job opportunities. Besides this, as it is a freehold community it allows you to open your own company here by following some legal formalities with the permission of DLD.
- Canal Central Hotel, Park Regis Business Bay, Canal Central Hotel
- Studio apartments start at AED1,042,000
- 1 bedroom business bay rent would cost between AED 40,000 -AED 160,000 per annum
- Studio – 7.50%
- 1-bed Apartment – 5.80%
- 2-bed Apartment – 5.80%
- 3-bed Apartment – 5.70%
Schools: Global Business Studies, Kings’ School Dubai, Swiss International Scientific School, Repton School Dubai
Hospitals: LIFE Pharmacy, Emirates Hospital Clinic, Fakih IVF Fertility Center, French Medical Centre, Pearl Dental Clinic
Supermarkets: Spinneys, Loft Supermarket, Viva Supermarket, West Zone Fresh Supermarket, Choithrams, W Mart Supermarket
Restaurants & Café: Gazebo Restaurant, Farsi Restaurant, The Kana Cafe, Circle Cafe, Nurai Cafe
Places of Worship: Sheikh Rashid Al Maktoum Mosque, Bay Avenue Mosque, Holy Trinity Church, The Dubai City Church, Shiva and Krishna temples, ShrinathJi Temple, Guru Nanak Darbar Gurdwara
Frequently Asked Questions
Who is the developer of Business Bay?
Dubai Properties Group is the developer of Business Bay.
What types of properties are available in Business Bay?
Business Bay is a mixed-used development hence here the community offers both residential and commercial properties and luxury hotels. In residential, it includes apartments, penthouses, townhouses, duplexes, studios and villas. Commercial properties include offices, banks, retail establishments, production and commercial premises, and separate buildings. Likewise, Business Bay boasts the world’s tallest hotels in the world.
What community facilities are available in Business Bay?
Business Bay is a high-end community and loaded with top-notch facilities such as it provides top-notch educational & health services and world-class recreational amenities, holds major attractions within Dubai Fountain, Dubai Opera, The Green Planet, etc. Additionally, the community provides essential services like supermarkets, malls, parks, gardens, luxury hotels, restaurants, café, community events, beauty salons, outdoor activities, parking facilities, public transportation services, places of worship, and so on.
What transportation facilities are available in Business Bay?
Transportation facilities are quite robust in Business Bay, residents would not lack anything. Residents here would get metro services, RTA bus routes, taxis and rental car facilities for everyday commute. Explore the green planet, Burj Khalifa,
What are the things to do in Business Bay?
There are many things to do in the Business Bay community here, you can explore Dubai Fountain, Burj Khalifa, and Green Planet. Business Bay has several outdoor activities too such as many restaurants, malls and night locations where you can easily spend your leisure time. On the other hand, the community shares its boundary with Jumeirah Beach – just 15 minutes from the development where you can unwind more peacefully.
What are the nearby communities in Business Bay?
Al Quoz, DIFC, Jumeirah, Downtown Dubai, Dubai Design District, Umm Suqeim, and Al Safa, are the nearby communities of Business Bay.
How far is Dubai International Airport from Business Bay?
Dubai International Airport is approx. 16 minutes from Business Bay.