27,556
AED per sqm, index average
Neighborhoods and areas — Business Bay
Business Bay
A business and residential district along the water canal, minutes from Downtown. On Dubai Index it appears as a more accessible alternative to the city centre.
Price and yield
Average price per sqm and estimated rental yield in Business Bay. For comparison only, not investment advice.
6.86%
Estimated yield
Last updated: October 11, 2026
Based on registered sale transactions in Dubai
What defines Business Bay
Best for: Close to Downtown at a more accessible price.
Minutes from Downtown
A short drive to Burj Khalifa and Dubai Mall — without the iconic district's own price.
Business and homes
A mix of offices and apartments along the canal. Fits anyone who works in the city centre and wants to live nearby.
More accessible price
The index price per sqm is lower than Downtown and the Palm, and higher than JVC and Dubai Hills.
Freehold
A Freehold area per DLD. Full ownership for foreign buyers in properties designated for it.
About the area
Business Bay was planned as a business and residential hub along a water canal, next to Downtown Dubai. The Dubai Water Canal opened in 2016 and linked the area to Dubai Creek — a promenade, offices and residential towers on the water.
The location explains the character: high towers, a mix of offices and apartments, and immediate proximity to Burj Khalifa without sitting inside the attractions precinct itself. That is why the index entry price is lower than Downtown and the Palm.
The area is on the Metro Red Line (Business Bay station) and Sheikh Zayed Road. The drive to Burj Khalifa is a few minutes in reasonable traffic.
This is a freehold area per DLD. Dubai Index presents it as proximity to Downtown at a more accessible price — for comparing projects, not as a yield promise.
Agencies and developers active in the area
Developers and agencies active in Business Bay.
Agencies in the area
Location and distances
Estimated drive times from Business Bay to key destinations, outside rush hour.
Burj Khalifa
About 5 minutes by car
Dubai International Airport (DXB)
About 20 minutes by car
About 20 minutes by car
About 15 minutes by car
Frequently asked questions
Common questions about Business Bay: ownership, family fit and type of investment.
Is Business Bay suitable for families?
The built form is mainly apartment and office towers along the canal, with proximity to Downtown. Families looking for villas, golf and schools in a gated community will prefer Dubai Hills or Arabian Ranches. Anyone who wants an apartment next to work in the city centre will find a fit here.
What is the legal status — Freehold or Leasehold?
Business Bay is a freehold area per DLD. Foreign buyers can register full ownership in properties designated for it.
Are there properties with a canal view?
Yes — the water canal crosses the area, and towers on the bank can give a canal view. Not every apartment has a water view; it depends on the building, floor and side. There is no open sea view here.
What is the investment character of the area?
Demand rests on proximity to Downtown, offices and tower living at a more accessible price than the attractions core. Dubai Index compares to the index — without quoting yield percentages as a fact for every property.
Other areas worth comparing
Nearby areas or areas in a similar price range.
