Overview
Business Bay is a dynamic mixed-use district in the heart of Dubai, seamlessly blending commercial, residential, and leisure spaces. Strategically located south of Downtown Dubai, it offers unparalleled access to major highways and public transportation, including the Dubai Metro. The area is renowned for its impressive skyline, featuring over 240 buildings that house offices, apartments, and hotels. With the Dubai Water Canal adding a waterfront charm, Business Bay has rapidly evolved into a sought-after destination for both living and working.
Neighborhood
Bordered by Al Quoz, Downtown Dubai, and Al Habtoor City, Business Bay boasts a vibrant urban lifestyle. Residents and visitors enjoy a plethora of dining options, from trendy cafes to upscale restaurants, as well as a lively nightlife scene with rooftop lounges and bars. The community is well-equipped with amenities, including fitness centers, spas, and retail outlets. Its proximity to landmarks like the Burj Khalifa and The Dubai Mall further enhances its appeal.
Features
Business Bay offers a range of features catering to diverse lifestyles. The Dubai Water Canal provides scenic views and recreational opportunities, including jogging and cycling tracks. The area is home to several luxury hotels, such as the recently opened Lana Hotel by Dorchester Collection, which offers refined accommodations and dining experiences. Additionally, the community hosts various art galleries and cultural events, enriching the local experience.
Properties in Business Bay
Residential Properties:
Sales:
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Apartments: The average price per square foot for apartments in Business Bay is approximately AED 2,317.
Rentals:
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Apartments: Monthly rental prices for apartments vary based on size and location. For instance, a studio apartment may start from AED 6,250 per month, while a one-bedroom unit can be around AED 9,750 per month.
Commercial Properties:
Sales:
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Offices: Office spaces are available for purchase, with prices varying based on size and location. For example, a 975 sqft office in The Burlington is listed at AED 2.5 million.
Rentals:
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Offices: Rental prices for office spaces range widely. For instance, a 1,563 sqft office may be rented at AED 500,000 per year.
In summary, Business Bay stands out as a premier destination in Dubai, offering a harmonious blend of residential comfort and commercial vitality. Its strategic location, coupled with a plethora of amenities, makes it an attractive choice for investors, professionals, and families alike.
Since the purchase prices and rental rates vary based on size and type of properties, please contact QAE Real Estate at +971 42222669 for any assistance.
