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The Residences at Business Central, Business BayReady

The Residences at Business Central, Business Bay

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HIGHLIGHTS

About The Residences at Business Central

Officially known as The Residences at Business Central and informally called RBC Tower, The Residences is a project by DAMAC Properties. Not to be confused with the project of the same name in Downtown Dubai, The Residences (RBC Tower) is located in Business Bay. It lies next to the novel canal-side development that features floating villas at Marasi Marina. Being located at this prime waterfront location, The Residences at Business Central have proximity to Burj Khalifa and a number of other prestigious developments. The project that was proposed in 2007 and was ready by 2013.

Making a total of 23 floors, The Residences at Business Central includes three podium levels and 19 top floors apart from the ground floor. The recreational area is spread across the podium’s rooftop which is delightfully landscaped. The luxury amenities of The Residences at Business Central ranges from leisure spots to health club facilities. These include gymnasium, swimming pool, barbeque stations, an outdoor play area for kids, a retail section on the ground floor and parking facility for residents as well as visitors.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Business Bay
  • Developer: DAMAC Properties
  • Date of completion: 2013
  • Number of floors: 23
  • Unit type: 1, 2 and 3-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Gymnasium, swimming pool, BBQ area, kids’ play area, residents’ lounge, supermarket
business

BUILDING DETAILS

Facilities in The Residences at Business Central

Parking

Available for both guests and residents, parking spaces in The Residences at Business Central are distributed across three podium levels as well as over the ground and basement levels.

Elevators

Residents, visitors as well as the building staff have easy access to every floor through high-speed elevators in The Residences at Business Central.

Security, Central Air-Conditioning and Maintenance Services 

Apartments in The Residences at Business Central are well-maintained with air conditioning and heating system facilities. The security measures include guards, surveillance cameras and intercom systems.

Event Space

RBC Tower has a BBQ area that can be used as an event space for social gatherings and get-togethers.

Gym and Fitness Facilities 

The Residences at Business Central has a fully-equipped gym for fitness enthusiasts. It has a range of high-tech exercise equipment for most types of fitness training. For those looking for other fitness training, they can consider other popular gyms in Business Bay.

Lifestyle Amenities

The swimming pool in The Residences at Business Central exists on the podium’s rooftop. Set at one corner of the common outdoor terrace, the luxury swimming pool includes a Jacuzzi. Parents can bring their children to the play area on the common outdoor terrace.

Concierge and Guest Services 

For any assistance, residents can reach out to the 24-hour concierge services provided at The Residences at Business Central. The building’s lobby is tastefully designed to make guests feel welcomed.

Apartment Types in The Residences at Business Central

Residential properties in The Residences at Business Central consists of 1, 2 and 3-bedroom apartments for rent as well as for sale.

1-Bedroom Apartments in The Residences at Business Central

Varying from small layouts to large plans, the floor area of 1-bed apartments in RBC Tower ranges between 681 sq. ft. and 1,154 sq. ft. Each 1-bedroom unit includes one bedroom, one bathroom, an open kitchen, one washroom for guest, balcony and a combined area for living and dining area.

2-Bedroom Apartments in The Residences at Business Central

2BHK apartments in The Residences at Business Central have floor areas ranging from 1,331 sq. ft. to 1,523 sq. ft. Each of these apartments feature one master bedroom, one general bedroom, two bathrooms, a guest’s toilet, kitchen, balcony and a living room.

1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 13 hours ago

According to Bayut, 1-bed apartments in The Residences at Business Central enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot.

Apartment TypeAverage Rental Price in AED
1-Bed98,000
2-Bed145,000
Last updated 13 hours ago

Those looking to rent apartments in The Residences at Business Central can expect these price trends.

For more options, one can browse apartments for rent in Business Bay.

Upgraded 1Br Apt- Fully Furnished- Vacant-Balcony
1 Bed ● 2 Baths ● 925 sqftAED100,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
1 BEDROOM HALL | SPACIOUS LAYOUT | READY TO MOVE IN | CALL MUHAI
1 Bed ● 2 Baths ● 925 sqftAED85,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
12 CHEQUES POSSIBLE WELL MANTAINED FURNISHED  1BEDROOM
1 Bed ● 1 Bath ● 724.6 sqftAED100,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Stylish 1BR + Extra Bed with Burj Khalifa View
1 Bed ● 1 Bath ● 936.02 sqftAED9,999MonthlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Fully Furnished // 1 Bed Apartment // Business Bay
1 Bed ● 2 Baths ● 728 sqftAED12,500MonthlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Ready to move in |Spacious| High Floor|Big Terrace
1 Bed ● 2 Baths ● 921 sqftAED85,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
OPEN VIEW | VACANT | BUSINESS BAY
1 Bed ● 2 Baths ● 729 sqftAED85,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Vacant Soon | Large Balcony Area | Prime Location
1 Bed ● 1 Bath ● 1155 sqftAED115,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
OPEN VIEW | VACANT | BUSINESS BAY
1 Bed ● 2 Baths ● 729 sqftAED85,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Vacant Soon | Large Balcony | Furnished
1 Bed ● 2 Baths ● 1155 sqftAED110,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Corner Unit | 2 Bed | 1026sqft | RBC Tower | @110k
2 Beds ● 3 Baths ● 1026 sqftAED110,000YearlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
Spacious 3BR + Maids | Yacht & Harbor View | Near Dubai Mall
3 Beds ● 2 Baths ● 1711 sqftAED14,999MonthlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
NO COMMISSIONS |  1BR Apartment | Business Bay | Near Dubai Mall
1 Bed ● 1 Bath ● 682 sqftAED10,000MonthlyThe Residences at Business Central, Business Bay, Dubai, UAEApartments
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
Apartment TypeAverage Rental Price in AED
1-Bed98,000
2-Bed145,000
Last updated 13 hours ago

Those looking to rent apartments in The Residences at Business Central can expect these price trends.

For more options, one can browse apartments for rent in Business Bay.

Full Canal View | Top Quality | Burj Khalifa View
1 Bed ● 2 Baths ● 949 sqftAED1,500,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Vacant Soon | Canal Marina View | High ROI
1 Bed ● 2 Baths ● 929 sqftAED1,450,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Attractive Price Prime Location
1 Bed ● 2 Baths ● 727 sqftAED1,200,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Vacant | 2 Bedroom | Marina and Canal View
2 Beds ● 3 Baths ● 1330 sqftAED3,000,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Burj Khalifa View | Bright | Rare Corner Unit
1 Bed ● 2 Baths ● 929 sqftAED1,450,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Vacant on transfer Canal and Burj view
1 Bed ● 2 Baths ● 930 sqftAED1,550,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Burj Khalifa and Canal view Cozy layout
2 Beds ● 3 Baths ● 1329 sqftAED2,500,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Stunning Views | Vacant | Huge Layout
1 Bed ● 2 Baths ● 1879 sqftAED1,850,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Exclusive | High Floor  |  Bright | Vacant
1 Bed ● 2 Baths ● 930 sqftAED1,195,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Investment Deal | Good Offer |Spacious |Furnished
1 Bed ● 2 Baths ● 1156 sqftAED1,325,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
2 Bedroom | Vacant | Emaculate Burj Khalifa view
2 Beds ● 3 Baths ● 1330 sqftAED2,999,990The Residences at Business Central, Business Bay, Dubai, UAEApartments
| 2 BR | Upgraded | Vacant | Canal & Burj |
2 Beds ● 3 Baths ● 1333 sqftAED2,499,999The Residences at Business Central, Business Bay, Dubai, UAEApartments
Prime Location | Creek View l Mid floor
1 Bed ● 2 Baths ● 925 sqftAED1,275,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
Prime Location | Ready to move in | On High Floor
1 Bed ● 2 Baths ● 921 sqftAED1,250,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
1 Bedroom | Vacant | Corner unit | Canal View
1 Bed ● 2 Baths ● 925 sqftAED1,230,000The Residences at Business Central, Business Bay, Dubai, UAEApartments
View allarrow_circle_right
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Rental Yield in The Residences at Business Central

1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 13 hours ago

1-bed apartments offer the highest ROI in The Residences at Business Central of 6.38%. 2-bedroom flats generate about 5.18% return on investment.

Service Charges in The Residences at Business Central

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
2.52
Maintenance
info
General repairs and replacements
3.39
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
3.64
Management Services
info
Owner’s association charges for managing the property
1.24
Insurance
info
Charge for the insurance of the building
0.40
Master Community
info
Fees for communal facilities in the neighbourhood
0.51
Income
info
A credit or debit charge
0.23
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
0.93
Total 12.86

These figures are based on the services charges for The Residences (RBC Tower)* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

Transportation near The Residences at Business Central 

Those who rely on bus service, as well as on metro rides, have a good advantage over transportation near The Residences at Business Central.

Bus Stations near The Residences at Business Central

RBC Tower 2 Bus stop is just 2-minute walk away from The Residences. Other bus stops are located outside Coral Towers and Empire Heights Towers, 8 to 12-minute walk away from The Residences at Business Central.

Metro Stations near The Residences at Business Central

Business Bay Metro station is 9-minute drive away. Other options include Burj Khalifa/ Dubai Mall Metro station and Financial Centre Station, accessible within a 10-minute drive from RBC Tower.

Restaurants near The Residences at Business Central

There is an eclectic array of fast-food, fine-dining and casual restaurants near The Residences at Business Central. These include:

  • Piccolo Mondo
  • Sushi Central
  • Lakeside Spice Restaurant
  • Iazakaya

Baron Café & Restaurant offers a wide range of hot and cold appetisers as well as many Mediterranean favourites. Khubz & Meleh has a variety of Middle Eastern specials available on their menu. Izakaya is one of the best dining places in Business Bay and offers flavourful sushi.

Some of the coffee places near The Residences at Business Central include:

  • L’ETO
  • Dalona Café
  • The Kana Café

The nearest licensed option is Bay Club located 7 minutes away across Dubai Creek. Nezesaussi Grill and Buhayra Lounge are also nearby options with a bar service. Scattered around a close distance, there are a few licensed eateries such as Tabs House, Taiga Dubai and Bay Club.

Supermarkets near The Residences at Business Central

Supermarket in RBC Tower
The Residences at Business Central has a supermarket on the ground floor

There is a supermarket named Magic City on the ground floor. Residents can also do their grocery shopping from one of the supermarkets near The Residences at Business Central. There are several of them, such as:

  • Choithram
  • Allday Minimart
  • Spinneys

The popular supermarket chains such as Carrefour, Spinneys and Choithrams are accessible within a 7-minute drive. They are located on Al Asayel Street. There is also Allday Minimart in the same area. The nearest, however, is Better 1 Mart Supermarket at a driving distance of 3 minutes.

NEARBY BUILDINGS

The nearby buildings include:

Business Bay has a collection of both commercial and residential units. The aforementioned buildings are accessible within a 5-minute drive from The Residences at Business Central.

Major Landmarks

Dubai Opera
Dubai Opera is a centre for performance arts

Living in Business Bay offers proximity to many leisure and notable landmarks, such as:

  • Burj Khalifa
  • Dubai Opera
  • The Dubai Mall

There are leading business companies, luxury accommodations as well as major landmarks near The Residences at Business Central. Burj Khalifa, The Dubai Mall, The Dubai Fountain and Dubai Opera lie in proximity to the building. Business Bay’s marina development called Marasi Marina itself is the closest landmark near The Residences at Business Central

THINGS TO CONSIDER

The Residences at Business Central welcomes singles, couples as well as families. It offers high-end accommodation in mixed-use development. Those who prefer living in a completely residential area can check out other areas in Dubai such as Al Quoz and Al Wasl.

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