Business Bay is a vibrant skyscraper district. Real estate in Business Bay is recognised as one of the best and most prestigious in Dubai. According to some reports, there are about 233 residential complexes in the area in total. 138 of them are completed, the rest are in various stages of planning or construction.
The advantages of residing in Business Bay include the area's exceptional location alongside Downtown Dubai, the city center, proximity to top attractions in the Emirate, easy access to transportation, a high standard of living and exceptional comfort. The majority of the neighborhood's residential complexes boast top-notch amenities and some even provide personalized service inside the apartments.
Content:
- Dubai's most sought-after new developments
- Churchill Residency Towers
- The Residences at Business Central
- Falcon Tower
- Damac Maison Prive
- Elite Business Bay
- Projects under construction
- Get a special offer to buy real estate in Business Bay
Dubai's most sought-after new developments
The following is a list of the most popular housing developments in the area that have been completed at present.
Churchill Residency Towers
Churchill Residency Towers is a majestic housing estate consisting of two multi-storey towers with 59 and 34 floors, respectively. Presentable one-, two-, or three-bedroom apartments in Business Bay are for sale. Emirates National Investment oversees this project.
The amenities on offer for residents of the complex include:
- A mini-golf course;
- Squash courts;
- A health center with sauna, steam bath and jacuzzi;
- A fitness center;
- Swimming pools;
- Children's zone.
The cost of apartments varies according to the number of bedrooms, from 800,000 AED ($217,805, ¥1,528,993) to 3,200,000 AED ($871,221, ¥6,115,973).
The Residences at Business Central
This is a 22-storey housing estate in Business Bay, designed by Damac Properties, Dubai's largest real estate developer.
The construction of the facility began in 2010 and was completed by 2013. The height of the building is 85 meters. The project offers one-, two-, and three-bedroom apartments for sale and rent.
Amenities include:
- A swimming pool;
- A gym;
- A barbecue area;
- An outdoor children's play area;
- First-floor shops;
- Shopping malls;
- Parking spaces on the ground floors.
In the project, apartment prices range from 790,000 AED ($215,082, ¥1,509,880) to 2,600,000 AED ($707,867, ¥4,969,228).
Falcon Tower
The project is a luxurious 41-storey apartment building consisting of hundreds of premium residences of one- to three-bedroom configurations.
The complex offers the following amenities and infrastructure:
- A swimming pool;
- High-speed elevators;
- Reliable security system;
- Video surveillance cameras;
- Spacious parking.
The cost of housing in the project starts at 1,800,000 AED ($490,061, ¥3,440,234).
Damac Maison Prive
The complex consists of two separate buildings: Damac Maison Prive Tower A and Damac Maison Prive Tower B. The project was developed by Damac Properties and Namaa Properties Development LLC. Construction started in 2014 and was completed by December 2019.
The twin towers have 36 floors. Each building offers one- to three-bedroom apartment options.
The following amenities are available for homeowners in the complex:
- A health center;
- Swimming pools (for adults and children);
- Concierge service;
- Personalised service in apartments;
- Parking spaces.
In the project, the cost of real estate starts at 819,900, AED ($223,222, ¥1,567,023) and goes up to 2,100,000 AED ($571,738, ¥4,013,607).
Elite Business Bay
Elite Business Bay is a 28-storey residential complex created by Elite City Real Estate. The project was completed by the fourth quarter of 2020. The Elite Business Bay complex includes studios as well as one-, two-, and four-bedroom apartments.
The building has 24 residential floors above a four-storey podium. All apartments are completely furnished and have fully equipped kitchens.
The following amenities are available to residents:
- Swimming pools for adults and children;
- Wellness club;
- Steam bath and sauna facilities, a barbecue area;
- Covered parking lots and 24-hour security service.
The building boasts spectacular views of the Burj Khalifa and the Dubai Canal.
The starting home price is 5,900,000 AED ($1,606,314, ¥11,276,325).
Projects under construction
Below is a list of the most anticipated new developments in various stages of construction at present.
Da Vinci Tower
This is a housing estate with unique architecture and interiors designed by Pagani Automobil.
The complex consists of two separate buildings, Da Vinci Tower A and Da Vinci Tower B, thus forming a single architectural ensemble. The project is developed by RKM Real Estate LLC and Dar Al Arkan, a property development company.
The construction process began in 2017. The commission date is scheduled for 2023. The complex contains a total of 347 housing units.
Building A has 19 floors. They will comprise studios and apartments with one- or two-bedrooms.
Tower B will consist of 18 floors, consisting of 90 two- to four-bedroom apartments.
The cost of apartments is 4,670,000 AED ($1,271,710, ¥8,927,409) to 22,000,000 AED ($5,989,646, ¥42,047,315).
Jumeirah Living Business Bay
This is a 36-storey residential complex in the Business Bay district. The project is under development by Select Group. The tower will have 82 units, including apartments with two-, three-, four- and five-bedrooms and penthouses.
Jumeirah Living residents will have access to various amenities, including:
- A hydro-massage swimming pool;
- Yoga zone;
- Sauna;
- Jacuzzi;
- Steam baths;
- A gym;
- Cinema.
All building amenities and public areas are located on levels 4 and 5.
Real estate prices in the project start at 7,500,000 AED ($2,034,000, ¥14,278,680).
Ahad Residences
Ahad Residences is a premium residential complex consisting of 31 floors. The project developer is Mercury Investment Holding. Construction work began in 2018. The substructure of this complex consists of five basement levels that will be used for parking spaces.
Currently, one- to three-bedroom apartments are available and start at 1,120,000 AED ($305,289, ¥2,143,132).
Peninsula
The magnificent Peninsula residential complex is the development of Select Group, a major real estate development and investment firm in Dubai. The project is divided into several plots located on the peninsula, leaving room for numerous amenities, green spaces, parks and jogging tracks. The complex is entirely surrounded by water. In total, the Peninsula will include eight buildings with one- to three-bedroom apartment configurations. Full completion of work is planned for 2028.
The minimum purchase value for an apartment is 629,900 AED ($171,500, ¥1,203,930).
Regalia Apartments
Regalia is a 75-storey residential tower project by one of the largest developers in Dubai, Deyaar Development. Its construction began in the fourth quarter of 2021.
Included amenities are the following:
- BBQ areas;
- A business center;
- A children's swimming pool;
- Indoor playgrounds;
- An infinity pool;
- A fresh bar;
- Well-maintained gardens;
- Recreation area;
- Outdoor cinema and much more.
This tower will be the highest building in the developer's portfolio.
The residences will be fitted with smart home technology, which can be controlled via a mobile application.
Studios, one- to three-bedroom apartments and penthouses are already on sale in the complex. The starting price is 962,400 AED ($262,029, ¥1,839,447).
Get a special offer to buy real estate in Business Bay
Gorgeous apartments, spacious villas in Business Bay, and other real estate in the Dubai business district are available on the Business Bay website! Leave a request on the website to receive more information about a specific unit you're interested in or to find out more about your options for purchasing real estate in Dubai.
