Community · Urban mid-high

Business Bay: prices, rents and market timing

Everything Truval knows about Business Bay, updated monthly — and agents that can watch it for you.

Apartments /sqft
AED 1,650
Gross yield
6.5%
Market
Buyer's
heat 40
Days on market
43
Service charge
~15
AED/sqft/yr
Price per sqft · history and outlook
Business Bay is up 50% since 2021; the outlook is about 5.0% a year (illustrative).
Recorded (AED/sqft) Illustrative outlook
Buildings
Nearby communities
Recent comparable sales · sample
1BR · 871 sqftAED 1.57M · 2w ago
2BR · 1,286 sqftAED 2.18M · 1w ago
2BR · 1,279 sqftAED 2.16M · 2w ago
Studio · 449 sqftAED 798K · 4w ago
1BR · 782 sqftAED 1.25M · 5w ago
2BR · 1,139 sqftAED 1.78M · 9w ago
Questions people ask
What is the average price per sqft in Business Bay?
Around AED 1,650 per sqft for apartments, based on Truval's model (illustrative).
What rental yield can I expect in Business Bay?
Gross yields are around 6.5%; net yields depend on service charges (~AED 15/sqft here) and vacancy.
Is it a buyer's or seller's market in Business Bay?
Buyer's market: heat 40/100, with homes taking ~43 days to sell and closing ~5.3% below asking.
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