AED 1,450,000AED 1,768 / sqft
Canal-View 1BR in Business Bay
Binghatti Canal, Business Bay
- 1 Bed
- 2 Baths
- 820 sqft
Canal-side investment
Business Bay
Business Bay runs along the Dubai Water Canal beside Downtown, mixing office towers, hotels and residential buildings. It offers city-centre living at lower prices than its famous neighbour, with strong demand from tenants.
Business Bay market snapshot
- Avg. sale price / sq ft
- AED 1,850
- Avg. annual rent
- AED 105,000
- Gross rental yield
- 6.9%
- Homes listed with us
- 2
Source: Splendid Homes market estimates (sample figures, to be replaced with Dubai Land Department data before launch) · Last updated
- Dubai Water Canal
- Next to Downtown
- High rental demand
- Commercial hub
Available in Business Bay
AED 210,000/yr≈ AED 17,500 / mo
Fitted Office on the Water Canal
Bay Square, Business Bay
- 2 Baths
- 2,200 sqft
Under Construction70/30- Pay from 10% down
- Escrow protected
Binghatti
Binghatti Skyrise
Business Bay
- 10% down
- Escrow
Starting fromAED 1,150,000
HandoverQ2 2028
New Launch60/40- Escrow protected
- Pre-launch prices
Sobha Realty
Verde Towers by Sobha
Business Bay
- Escrow
- Pre-launch prices
Starting fromAED 1,450,000
HandoverQ1 2029
About Business Bay
Location & connectivity
Road connectivity
Business Bay is bordered by Sheikh Zayed Road, Al Khail Road and the canal, with bridges linking it to Downtown and Al Safa. Downtown is about 5 minutes away and DXB airport about 15 outside peak hours.
The main roads through the district are busy at rush hour, and some streets are affected by ongoing construction.
Public transport
Business Bay metro station on the Red Line serves the district, and water buses and abras run along the canal. Many residents can walk to work.
Business Bay, Dubai
Community overview
Residential character
Mostly high-rise apartment buildings, from studios to penthouses, with many hotel apartments and serviced residences. Canal-front and Burj Khalifa-view towers sit at the top of the range.
Who lives here
Young professionals and couples who work in Business Bay, Downtown or DIFC, along with many tenants. Investors like the district for its yields and short-let demand.
Property in Business Bay
What is available
A large mix of resale apartments and new launches, including several branded towers. Supply is high, so there is plenty of choice at every budget.
What to check before you buy
Quality varies more than in Downtown, so compare the developer, the building's upkeep and its service charges. Check the view and whether new towers are planned in front of it.
With a lot of new supply on the way, look at how many similar units will complete nearby before you buy to let.
Amenities & lifestyle
Retail and dining
Restaurants and cafés line the canal and the bases of many towers, and The Dubai Mall is a short drive or walk away. Bay Avenue and several hotels add more dining choices.
Outdoor space
The Dubai Water Canal promenade is popular for walking, running and cycling, with a waterfall bridge and parks along the banks.
Schools and healthcare
There are clinics across the district and major hospitals close by. Most schools are in neighbouring areas such as Al Quoz, Jumeirah and Al Barsha.
Pros & cons
Pros
- Next to Downtown at a lower price
- Metro station and canal transport
- Strong rental yields
- Canal promenade and waterfront dining
- Wide choice of apartments
Cons
- Heavy traffic and ongoing construction
- Building quality varies
- Large new supply in the pipeline
- Few family homes and no schools inside
Is Business Bay right for you?
Suits you if
You want to live or invest in the centre of the city at a lower entry price, or you work in Business Bay, Downtown or DIFC.
Think twice if
You need a quiet street, a garden or a school within walking distance.
Compare with nearby communities
Downtown Dubai
Dubai Creek Harbour
Dubai Hills Estate
Arabian RanchesCompare areas
How Business Bay compares
Business Bay’s 6.9% gross yield is above the 5.9% average of the 9 communities we cover, ranked here by yield.
| Community | Avg. price / sq ft | Avg. annual rent | Gross yield | Our listings |
|---|---|---|---|---|
| Jumeirah Village Circle | AED 1,150 | AED 72,000 | 7.8% | 1 |
| Business Bay | AED 1,850 | AED 105,000 | 6.9% | 2 |
| Dubai Marina | AED 1,950 | AED 135,000 | 6.4% | 2 |
| Dubai Creek Harbour | AED 1,950 | AED 120,000 | 6.1% | 1 |
| Downtown Dubai | AED 2,850 | AED 160,000 | 5.8% | 2 |
| Dubai Hills Estate | AED 2,150 | AED 210,000 | 5.6% | 2 |
| Arabian Ranches | AED 1,550 | AED 190,000 | 5.2% | 1 |
| Palm Jumeirah | AED 3,450 | AED 285,000 | 5.1% | 2 |
| Emirates Hills | AED 4,200 | AED 1,200,000 | 3.9% | 1 |
Source: Splendid Homes market estimates (sample figures, to be replaced with Dubai Land Department data before launch) · Last updated
Business Bay: frequently asked questions
Is Business Bay good for investment?
Business Bay offers an average gross rental yield of about 6.9%, above the 5.9% average across the 9 Dubai communities we cover. Homes sell for around AED 1,850 per sq ft, so returns depend on the building, view and purchase price.
What is the average rent in Business Bay?
The average annual rent in Business Bay is about AED 105,000, or roughly AED 8,750 a month. Rents vary with size, view and furnishing, and are usually paid in 1 to 4 cheques.
How much does property cost in Business Bay?
Property in Business Bay sells for an average of AED 1,850 per sq ft, which puts a 1,000 sq ft home at about AED 1,850,000. Prime units with the best views and finishes sell for more.
Can foreigners buy property in Business Bay?
Yes. Business Bay is a designated freehold area, so foreign nationals can buy and own property there outright, with the title deed registered with the Dubai Land Department.
What is Business Bay known for?
Next to Downtown along the Dubai Water Canal, Business Bay blends offices, hotels and residential towers with strong rental yields. Highlights include Dubai Water Canal, Next to Downtown, High rental demand and Commercial hub.
How many properties are available in Business Bay?
We currently list 1 property for sale and 1 for rent in Business Bay, plus 2 off-plan projects. Many homes reach us before they are advertised, so ask our team for off-market options.