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Area profile

Business Bay

Dubai

In the 12 months to 3 November 2026, the ready price per sq ft of the same home types rose 3.7% (Dubai +6.5%), and registered sales fell 53% to 5,673.

Median ready pricePer sq ft
AED 1,856
Ready price, 1-year changeSame home types, n ≥ 5 · 100% of ready sales
+3.7% Dubai +6.5%
Ready price, 3-year changeSame home types, n ≥ 5 · 100% of ready sales
+23.1% Dubai +31.4%
Registered salesLast 12 months
5,673

Data to 3 November 2026

Business Bay

In the last 12 months, Dubai Land Department registered 5,673 sales in Business Bay, worth AED 17.2B in total. The number of sales was 53% lower than in the 12 months before. The median price was 2,708 AED/sqft off-plan and 1,856 AED/sqft for ready homes.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.

Prices, over time.

Median registered price, AED per sq ft

  • Ready (registered sales)
  • Off-plan (registered sales)
Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales) Off-plan (registered sales)
Nov 2023 1,655 AED/sqft 301 sales 2,270 AED/sqft 475 sales
Dec 2023 1,919 AED/sqft 347 sales 2,256 AED/sqft 525 sales
Jan 2024 2,038 AED/sqft 377 sales 2,261 AED/sqft 553 sales
Feb 2024 1,735 AED/sqft 301 sales 2,424 AED/sqft 410 sales
Mar 2024 1,874 AED/sqft 320 sales 2,598 AED/sqft 435 sales
Apr 2024 1,623 AED/sqft 245 sales 2,604 AED/sqft 382 sales
May 2024 1,631 AED/sqft 326 sales 2,732 AED/sqft 634 sales
Jun 2024 1,729 AED/sqft 277 sales 2,730 AED/sqft 778 sales
Jul 2024 1,641 AED/sqft 284 sales 2,681 AED/sqft 777 sales
Aug 2024 1,746 AED/sqft 231 sales 2,877 AED/sqft 349 sales
Sep 2024 1,727 AED/sqft 244 sales 2,704 AED/sqft 374 sales
Oct 2024 1,924 AED/sqft 358 sales 2,708 AED/sqft 588 sales
Nov 2024 1,787 AED/sqft 235 sales 2,524 AED/sqft 435 sales
Dec 2024 1,742 AED/sqft 259 sales 2,306 AED/sqft 1,015 sales
Jan 2025 1,712 AED/sqft 228 sales 2,605 AED/sqft 395 sales
Feb 2025 1,781 AED/sqft 339 sales 2,522 AED/sqft 395 sales
Mar 2025 1,936 AED/sqft 268 sales 2,494 AED/sqft 704 sales
Apr 2025 1,592 AED/sqft 399 sales 2,519 AED/sqft 623 sales
May 2025 1,794 AED/sqft 256 sales 2,440 AED/sqft 594 sales
Jun 2025 1,710 AED/sqft 236 sales 2,598 AED/sqft 560 sales
Jul 2025 1,786 AED/sqft 276 sales 2,579 AED/sqft 996 sales
Aug 2025 1,810 AED/sqft 215 sales 2,723 AED/sqft 1,290 sales
Sep 2025 1,782 AED/sqft 249 sales 2,771 AED/sqft 1,086 sales
Oct 2025 1,939 AED/sqft 297 sales 2,579 AED/sqft 688 sales
Nov 2025 1,886 AED/sqft 253 sales 2,679 AED/sqft 602 sales
Dec 2025 1,914 AED/sqft 283 sales 2,753 AED/sqft 670 sales
Jan 2026 1,860 AED/sqft 248 sales 2,985 AED/sqft 516 sales
Feb 2026 2,008 AED/sqft 253 sales 2,737 AED/sqft 288 sales
Mar 2026 1,941 AED/sqft 138 sales 2,705 AED/sqft 277 sales
Apr 2026 1,838 AED/sqft 145 sales 2,659 AED/sqft 203 sales
May 2026 1,780 AED/sqft 114 sales 2,467 AED/sqft 105 sales
Jun 2026 1,805 AED/sqft 175 sales 2,553 AED/sqft 169 sales
Jul 2026 1,845 AED/sqft 171 sales 2,303 AED/sqft 120 sales
Aug 2026 1,867 AED/sqft 183 sales 2,486 AED/sqft 120 sales
Sep 2026 1,753 AED/sqft 206 sales 2,475 AED/sqft 115 sales
Oct 2026 1,834 AED/sqft 232 sales 2,483 AED/sqft 94 sales

Where the change in sales came from.

Registered sales in the last 12 months against the 12 months before, by DLD registration type, beside all of Dubai.

  • Off-plan-63%Off-plan sales fell by 63%, from 8,809 to 3,256.Dubai: -9.9%
  • Ready-26%Ready sales fell by 26%, from 3,265 to 2,417.Dubai: -27.8%

The projects whose number of sales moved most

  1. Binghatti Skyrise276 sales, against 3,005
  2. Bayz 102 By Danube131 sales, against 593
  3. Binghatti Aquarise453 sales, against 894

Counts of registered sales, not prices: a project’s count follows its launches and how many homes it has left to sell. How this is worked out

What does each home type look like?

  • Apartment · Studio

    Ready median price
    AED 1M
    Median yearly rent
    AED 65K
    Gross yield
    6.5%
  • Apartment · 1 bed

    Ready median price
    AED 1.5M
    Median yearly rent
    AED 90K
    Gross yield
    6.2%
  • Apartment · 2 beds

    Ready median price
    AED 2.3M
    Median yearly rent
    AED 135K
    Gross yield
    6%
  • Apartment · 3 beds

    Ready median price
    AED 3.5M
    Median yearly rent
    AED 185K
    Gross yield
    5.3%
  • Apartment · 4 beds

    Ready median price
    AED 5.5M
    Median yearly rent
    AED 300K
    Gross yield
    5.5%
  • Apartment · 5 beds

    Ready median price
    —
    Median yearly rent
    —
    Gross yield
    —
  • Apartment · 6 beds

    Ready median price
    —
    Median yearly rent
    —
    Gross yield
    —

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Median service charge
20.04 AED/sqftA year · median of 72 developments’ owners’ association budgets, 2026Apartment buildings’ budgets; villa and townhouse budgets are left out.

After service charges

Net yield, Apartment · 1 bed: 5.1% after the area’s median service charge (AED 20.04 per sq ft a year, 2026, budgets of 72 developments). Gross yield: 6.2%.

Net yield takes the service charge off the rent. It is still before vacancy, maintenance, agency and DLD fees and mortgage costs, and an owners’ association budget is not any one owner’s bill. How net yield is worked out

Net yield for every home type and every project is in the area report

Off-plan or ready.

Off-plan premium, same home type

Apartment · 1 bed: off-plan homes sold at 41.9% above ready ones per sq ft in the last 12 months (2,680 AED/sqft against 1,889 AED/sqft, medians of 1,520 and 1,023 sales).

Same home type, not the same buildings: off-plan stock is often newer, so the gap is not a forecast of resale prices. Not investment advice. How this is worked out

The middle half of prices

Middle half of Apartment · 1 bed · Off-plan sales: AED 2,381–2,994 per sq ft (AED 2,000,000–2,635,000), 1,520 sales in the last 12 months. The full spread by home type is in the area report.

A quarter of these sales were below the band and a quarter above it. Registered sales, not a valuation. How this is worked out

Off-plan to ready, around completion

For 23 of the 35 projects in this area completed between 2021 and 2025 (DLD project register), the median project’s ready price per sq ft in the 12 months after completion was 5.8% above its off-plan price per sq ft in the 12 months before.

Dubai’s price index rose by 8.2% over the same months (the median across these projects).

Dubai’s counted projects completed in those years, worked out the same way: 14.4% above.

This is history, not a forecast. These projects were completed in years when Dubai prices were rising, and the earliest windows start in the 2020–21 low. Only completed projects with at least 10 registered sales in each window count, and a project needs the full 12 months after completion first: one completed within the last 12 months is in the total but not yet counted. Projects not yet completed or cancelled are not included. DLD records do not separate a developer’s own sales from resales by earlier buyers, and the two windows cover different homes and unit mixes. The step and the index move are context for each other, not a difference to subtract: each is a median across the projects. Registered sale prices only, before fees, payment-plan terms, financing, service charges and rent: registered sales, not a valuation, and not investment advice. How this is worked out

Future supply

24,850

Homes under construction or planned, in 52 projects

  • Finished43,406 homes110 projects
  • Under construction20,732 homes39 projects
  • Planned or on hold4,118 homes13 projects
Pipeline per finished home
0.57×Low pipeline pressure compared with Dubai as a whole (1.17×)
Homes due in the next 24 months
10,491Under construction or planned, with a DLD end date in that time

13 projects (5,227 homes) are past their DLD end date.

The project-by-project handover calendar is in the area report

From the DLD project register for this area, counting apartments and villas. Records still not finished more than 5 years after their DLD end date are left out as stale.

Ready turnover, last 12 months

5%

Ready sales in the last 12 months came to 5% of the 43,406 homes in the area’s finished DLD register projects (2,162 sales). Dubai: 7.2%.

Ready sales count resales and a developer’s sales of finished homes alike. Not counted, homes or sales: buildings older than the DLD project register, and villa projects whose sales DLD mostly registers as land. DLD data only. How this is worked out

Sales of AED 2M or more.

54.5%

54.5% of the area’s home sales in the last 12 months were for AED 2M or more (3,092 of 5,669). Dubai: 33%.

AED 2M is the minimum total property value for the UAE’s 10-year Golden Residence (golden visa) for real-estate investors, according to ICP and GDRFA Dubai (rules checked on 5 November 2026). This count shows registered sale prices only; the authorities decide each application on their own conditions, such as the owner’s share, how the value is certified and how the home is financed.

Home sales of the last 12 months, every home type together. The area report has every price band, by home type. How this is worked out

Projects in Business Bay

Browse all projects
  1. Binghatti Skyrise3,281 sales in 24 months
  2. Binghatti Aquarise1,347 sales in 24 months
  3. Al Habtoor Tower779 sales in 24 months
  4. Bayz 102 By Danube724 sales in 24 months
  5. Binghatti Skyhall648 sales in 24 months
  6. One by Binghatti584 sales in 24 months
  7. Downtown Residences401 sales in 24 months
  8. Peninsula Four328 sales in 24 months
Every project in the area, ranked, is in the area report

The latest registered sales.

  • 3 Nov 2026

    Vela by Omniyat

    Apartment3 bedsOff-plan6,361 sqft

    AED 38,997,1266,131 AED/sqft

  • 3 Nov 2026

    The Opus by Omniyat

    Apartment1 bedReady1,399 sqft

    AED 3,250,0002,323 AED/sqft

  • 3 Nov 2026

    Binghatti Aquarise

    Apartment2 bedsOff-plan1,301 sqft

    Tower C

    AED 3,099,9992,383 AED/sqft

  • 3 Nov 2026

    J One

    Apartment2 bedsReady1,593 sqft

    J One - 1

    AED 2,800,0001,758 AED/sqft

  • 3 Nov 2026

    Bayz 102 By Danube

    Apartment1 bedOff-plan749 sqft

    AED 2,625,0003,505 AED/sqft

  • 3 Nov 2026

    Bayz 102 By Danube

    Apartment1 bedOff-plan749 sqft

    AED 2,601,0003,473 AED/sqft

  • 3 Nov 2026

    Sol Bay

    Apartment2 bedsReady1,478 sqft

    AED 2,450,0001,658 AED/sqft

  • 3 Nov 2026

    DAMAC Towers by Paramount

    Apartment2 bedsReady1,407 sqft

    B)

    AED 2,175,0001,546 AED/sqft

  • 3 Nov 2026

    Binghatti Skyrise

    ApartmentStudioOff-plan466 sqft

    Tower C

    AED 1,424,9993,058 AED/sqft

  • 3 Nov 2026

    Aykon City 2

    Apartment2 bedsReady817 sqft

    Tower C

    AED 1,200,0001,469 AED/sqft

All latest sales in Business Bay

Asking prices against sales

  • Property portal asking prices29.4%above registered sale pricesMedian gap across 10 segments

Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.

Questions about Business Bay

What is the price per sq ft in Business Bay?

In the 12 months to 3 November 2026, the median registered sale price was 1,856 AED/sqft for ready homes and 2,708 AED/sqft off-plan. The two medians mix different home types.

How did prices and sales in Business Bay change over the last year?

In the 12 months to 3 November 2026, the ready price per sq ft of the same home types rose 3.7% (Dubai +6.5%), and registered sales fell 53% to 5,673.

What is the rental yield in Business Bay?

Net yield, Apartment · 1 bed: 5.1% after the area’s median service charge (AED 20.04 per sq ft a year, 2026, budgets of 72 developments). Gross yield: 6.2%. Rents and prices from the 12 months to 3 November 2026. Net yield takes the service charge off the rent. It is still before vacancy, maintenance, agency and DLD fees and mortgage costs, and an owners’ association budget is not any one owner’s bill.

What are the service charges in Business Bay?

The area’s median service charge in 2026 is AED 20.04 per sq ft a year, across the owners’ association budgets of 72 developments. Apartment buildings’ budgets; villa and townhouse budgets are left out.

How many homes are under construction or planned in Business Bay?

As of 3 November 2026, the DLD project register lists 24,850 homes under construction or planned in Business Bay, 10,491 of them in projects with a DLD end date in the next 24 months. An end date is the date in the DLD register, not a handover forecast.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 3 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

Business Bay towers along the Dubai Water Canal from above

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