Business Bay property prices and rents
Business Bay sits along the Dubai Water Canal next to Downtown Dubai and mixes apartments, offices and hotels. It has the largest batch of new homes due for handover in Dubai before the end of 2026.
AED 2,590median per sq ft, 12 months +12.6%
10,616property sales, 12 months -12%
AED 2Mmedian 1-bed apartment sale
AED 85Kmedian 1-bed annual rent
Apartment prices and rents by bedroom
| Median sale price | Sales | Median annual rent | Leases | |
|---|---|---|---|---|
| Studio | AED 1.13M | 1,474 | AED 65K | 4,394 |
| 1-bed | AED 2M | 2,684 | AED 85K | 7,512 |
| 2-bed | AED 3.01M | 1,523 | AED 125K | 4,560 |
| 3-bed | AED 4.70M | 381 | AED 176K | 1,276 |
| 4-bed | AED 7.22M | 68 | AED 300K | 128 |
Apartments, 27/10/25 to 26/10/26. Sale prices include off-plan sales from developers and ready resales. Rents are medians of DLD-registered leases by start date, new and renewed. Price per sq ft and sales count cover all property types.
Key facts
- Business Bay recorded 10,616 property sales in the 12 months to October 2026, down 12%, while the median price rose 12.6% to AED 2,590 per sq ft.
- Business Bay has 7,355 units due to hand over by 31/12/26, the most of any Dubai area, 4,960 of them in Binghatti Skyrise and Binghatti Aquarise.
- The median 1-bed rent in Business Bay fell 14% within 2026, from AED 93,000 (Jan to Mar leases) to AED 80,000 (Jul to Sep leases).
Reports on Business Bay
Biggest deals · 26 Oct 2026
Biggest Dubai property deals, 19 to 25 Oct 2026: offices outsold villas above AED 20M
Off-plan watch38,463Units handed over in Dubai, 2026 so far
Off-plan watch · 22 Oct 2026
Dubai handovers in 2026 are the highest since 2012, with 25,188 units still due
Rent check · 21 Oct 2026