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Business Bay

About Business Bay

In the vibrant heart of Dubai lies Business Bay, an illustrious commercial and residential neighbourhood nestled against the iconic Downtown Dubai. The exquisite mix of modern skyscrapers, opulent residences and lavish hotels is an expression of the city's accelerated expansion and development. Spanning over 80 million square metres, Business Bay is one of Dubai's largest developments and boasts an eclectic mix of local and international businesses, residents and globetrotters.

The property market in Business Bay

The property market in Business Bay is thriving and offers an abundance of residential and commercial properties, including high-rise flats, office space and retail outlets. The area appeals to a variety of demographics, including young professionals, families and investors who are attracted by its strategic location, modern amenities and competitive property prices. With ongoing development efforts and increasing demand, the property market in Business Bay is poised for sustained growth in the coming years.

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Property prices in Business Bay

Property prices in Business Bay depend on a variety of factors, such as location, property classification and amenities. Below you will find a brief overview of property prices in the area:

  • Studios usually cost between AED 400,000 and AED 800,000.
  • Apartments with one bedroom are between AED 600,000 and AED 1,500,000.
  • Two-bedroom flats cost between AED 1,100,000 and AED 2,200,000.
  • Prices for three-bedroom flats range from AED 1,800,000 to AED 3,500,000.

As far as rents are concerned:

  • Studios are usually rented for AED 30,000 to AED 60,000 per year.
  • One bedroom flats range from AED 50,000 to AED 90,000 per year.
  • Two-bedroom flats are rented out for between AED 70,000 and 120,000 per year.

Infrastructure in Business Bay

The well-developed infrastructure of Business Bay offers seamless access to other areas of Dubai and is close to major motorways such as Sheikh Zayed Road and Al Khail Road. The neighbourhood is approximately 20 minutes' drive from Dubai International Airport and just minutes from Dubai's vibrant city centre and the famous Burj Khalifa. Business Bay also has an extensive network of roads, pedestrian and cycle paths, allowing residents to move around the area with ease.

Leisure and entertainment

Business Bay is home to a wealth of leisure and entertainment options, including parks, fitness centres and sports clubs. The area is also home to several cultural attractions, including the Dubai Opera, which hosts a variety of performances and events throughout the year. The neighbouring Dubai City Centre offers residents easy access to world-class shopping, dining and leisure facilities, including the Dubai Mall and the famous Burj Khalifa.

Facilities and health care

Business Bay has a wide range of everyday amenities such as supermarkets, pharmacies, banks and salons, all within easy walking distance. There are also a variety of healthcare facilities in the area, including clinics, dental surgeries and wellness centres. Specialised medical services are available in neighbouring communities such as Downtown Dubai and Jumeirah.

Public transport and parking facilities

The Business Bay underground station serves the neighbourhood and provides easy access to various parts of the city. Buses and taxis are also easy to find throughout the area. Most residential buildings in Business Bay have their own car parks for residents, while visitors will find ample metered parking nearby.

Education

Families living in Business Bay have access to a number of reputable nurseries and schools in the area. Notable educational institutions nearby include Dubai International School, Swiss International Scientific School and GEMS Wellington International School, which offer a variety of curriculums to cater to the diverse needs of the community. In addition, the nearby Dubai Knowledge Village and Dubai Internet City are home to several renowned universities and educational institutions, providing residents with access to exceptional higher education opportunities.

Hotels and catering

Business Bay is home to numerous luxury hotels and serviced flats that cater to tourists and business travellers alike. Among the best-known hotels in this neighbourhood are the JW Marriott Marquis Dubai, The Oberoi Dubai and the Taj Dubai. These properties offer a range of high-end facilities, including restaurants, spas and conference rooms, further enhancing the neighbourhood's appeal as a business and leisure destination.

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Green spaces and parks

Business Bay's unique features include an extensive network of green spaces and water features that offer residents a tranquil escape from the hustle and bustle of the city. The 3.2 kilometre Dubai Water Canal runs through Business Bay, offering scenic views and leisurely strolls along the canal promenade. There are also several parks in the area, such as Bay Avenue Park and Marasi Business Bay Park, which offer recreational opportunities, jogging tracks and playgrounds for children.

Economic attractiveness in Business Bay

Business Bay's strategic location, modern infrastructure and affordable property prices make the area attractive to families and investors alike. The well-developed public transport network, high-quality amenities and diverse property options make the district a popular choice for families seeking a convenient and comfortable lifestyle in a vibrant urban environment.

Conversely, the up-and-coming property market, high rental yields and steady growth make the district an attractive place to live. Investment opportunity in Dubai for local and international investors. The fact that the Business Bay is owned and operated as a

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