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Advantages of buying apartment in Business Bay
Several factors encourage people to buy a flat in Business Bay:
- Central location. The business hub is in the city centre, just a 5-minute drive from Downtown Dubai, the Dubai Mall and the opera house. With direct access to Sheikh Zayed Road and Al Khail Road highways, residents can conveniently reach key emirate areas. The trip to Design District takes 10 minutes, DIFC is 15 minutes away and Dubai Marina is 20 minutes away. The beautiful beaches of Jumeirah Beach community are about a 15-minute drive.
- Infrastructure. The community has all the essentials for living: from cafes and fine dining restaurants to business centres, 5-star hotels and exclusive boutiques. A wide range of brands is available at Bay Avenue Mall. The man-made Dubai Canal runs through the community, with its waterfront being a popular spot for leisure. The 64-hectare green space of Safa Park, with jogging and walking paths, is located 5 to 7 minutes away by car.
- Variety of apartments for sale in Business Bay. Buyers can choose from a variety of housing types, from compact studios to spacious apartments and penthouses. Many properties come with designer finishes, furniture and built-in appliances. Options also include home offices, libraries and large terraces with recreational areas.
Apartments in Business Bay for investment
Investing in apartments in Business Bay will be profitable for these reasons:
- Value growth. In 2024, prices for mid-segment apartments in the community rose by 20.4% year-on-year.
- Availability of under-construction projects. In 2024, 1,211 new housing units were commissioned in the small cluster (about 6 square kilometres), which represents 4% of their total number in the emirate. Investments at the outset enable capital growth of up to 30% by the time of completion.
- High liquidity. Unlike villas and townhouses, apartments are easier to sell or rent because of a broader pool of potential buyers and tenants.
- Rental income. The area, situated near key attractions, is an appealing spot for entrepreneurs and tourists. The return on investment in apartments and flats in Business Bay can surpass 13% annually:
| Apartments | ROI |
|---|---|
| Studios | 13,1% |
| 1 bedroom | 11,7% |
| 2 bedroom | 13,67% |
| 3 bedroom | 12,45% |
The website features over 1793 offerings from verified agencies and developers. The database is regularly updated with new listings for apartments and villas in Dubai. To find properties that align with your goals and preferences, follow these steps:
- Open the advanced search and set filters by area, number of rooms, developer, desired year of completion, price and other important parameters.
- Sort the results by popularity, publication date or price in ascending or descending order.
- Review the information about the property you are interested in and leave your contact details to directly connect with the agency or developer to discuss the deal.
- Minimum price: USD 201498.
- Highest cost of an apartment in Business Bay: USD 81,700,000.
The area of apartments in Dubai in this cluster ranges from 30 to 2,127 square metres.
Popular complexes in the area include Executive Towers, Bay Square, Damac Towers by Paramount, Upside Living and Al Habtoor City.
- Executive Towers – an iconic complex of 12 towers with direct access to Bay Avenue, a green park and within walking distance to the metro. It offers a variety of layouts (from studios to penthouses) and developed urban infrastructure – ideal for family living or rental.
- Damac Towers by Paramount – a striking Hollywood-style development featuring designer interiors and a cinematic glamour atmosphere. It offers residential apartments and a hotel, with premium amenities and views of Dubai's centre. Perfect for those seeking a luxurious lifestyle and high returns.
- Al Habtoor City – a premium development along the canal with access to La Perle theatre, tennis academy and restaurants. It features spacious apartments and penthouses, exclusive club amenities and panoramic views. Ideal for affluent owners and families.
- Upside Living – a stylish and functional development by SRG, aimed at the new urban class. Minimalist interiors, smart solutions, co-working areas and communal spaces foster a comfortable environment for living and working. Perfect for expatriates and those who appreciate a modern pace of life.
- Bay Square – a distinctive mixed-use development: residential lofts, offices and cafes interconnected within a pedestrian zone free of cars. The focus is on open spaces, urban design and city living. An excellent option for those seeking to live and work in one location, especially among freelancers and entrepreneurs.
When purchasing property in Dubai, a fee for registering ownership rights amounting to 4% of the property value is paid to the Land Department of the emirate.
Dubai International School, which offers an American curriculum; GEMS Indian School, with a CBSE curriculum; and Safa British School, featuring a British curriculum, are all within a 5-minute drive.
Emirates Hospital Clinic, Aster Clinic and Medilife Health Care Clinic serve the community. Medcare Hospital in Safa is within a 10-minute drive.
The profit from renting apartments can reach up to 13% per year.
Apartment prices in the area are steadily rising: in 2024, properties in the mid-price segment increased by 20.4%. Rental yields can range from 11% to 13% annually.