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.