Business Bay
Business Bay is Dubai's central business district — a waterfront community on the Dubai Canal with strong rental yields.
About Business Bay
Business Bay is Dubai's central business and residential district located along the Dubai Canal, adjacent to Downtown Dubai. It combines residential towers with commercial offices making it ideal for professionals who want to live near their workplace.
The Dubai Canal waterfront, completed in 2016, transformed Business Bay with 3km of waterfront promenade, dining and retail. The area has seen significant rental growth as businesses relocate from DIFC to Business Bay for lower office costs.
For investors, Business Bay offers Downtown-adjacent location at more affordable prices with yields of 5.5–7.5%.
Average rental prices in Business Bay
| Property size | Annual rent range |
|---|---|
| Studio | AED 55,000–72,000/yr |
| 1 Bedroom | AED 85,000–110,000/yr |
| 2 Bedrooms | AED 125,000–165,000/yr |
| 3 Bedrooms | AED 175,000–230,000/yr |
Prices as of Q1 2025. Actual rent depends on floor, view, furnishing and building quality.
Why choose Business Bay?
Investment data — Business Bay
Indicative figures for general guidance only — market averages, yields and government charges change over time. Verify current data and fees with the Dubai Land Department or a RERA-licensed advisor before making a decision. Past performance is not a guarantee of future returns.
Business Bay — frequently asked questions
What are typical rental prices in Business Bay?
As a guide: studios AED 55,000–72,000/yr, 1-bedroom apartments AED 85,000–110,000/yr, 2-bedroom AED 125,000–165,000/yr and 3-bedroom AED 175,000–230,000/yr. Actual rents vary by building, floor and furnishing.
What rental yield does Business Bay offer?
Gross rental yields in Business Bay typically run 5.5–7.5%, with an average sale price around AED 1,600/sqft.
Which developers build in Business Bay?
Active developers in Business Bay include DAMAC, Select Group, Binghatti, Emaar.
How is Business Bay connected to the rest of Dubai?
Dubai Metro Red Line (Business Bay); Al Khail Road; Sheikh Zayed Road; Dubai Water Canal water taxis.
Does Al Firouz have properties in Business Bay?
Yes — 3 active listings in Business Bay at the moment. Al Firouz Real Estate Broker LLC (ORN 25623) is a RERA-licensed brokerage that specialises in this area.
