Do you pay more for staying near Business Bay Metro Station?

• Overview
• Apartments Closest to the Metro Station
• Flats between 500m and 1 km
• Apartments Over 1 km
• Find an Agent
• FAQs

Ever wondered how much extra you might pay in rent when living near the Business Bay Metro? The Dubai Metro plays a major role in daily commutes, especially for those without a car. That’s why many renters prioritise locations close to metro stations. In this piece, we explore how much more it actually costs to live near the Business Bay Metro Station in Dubai and whether the convenience justifies the price.

LIVING NEAR THE BUSINESS BAY METRO VS LIVING FAR FROM IT

If you’re planning on living near the Business Bay Metro, it’s important to understand how proximity affects rental prices. While it’s generally assumed that you’d pay a premium to live near the metro station in Business Bay, that’s not always true. The cost of living near Business Bay Metro can vary based on the type of apartment and the building’s age or features.

Here’s a quick look at the cost of living in Business Bay apartments near the metro, comparing average rental prices based on distance:

Bed Size	Less than 500m away	Between 500m and 1km	More than a 1km
Bed Size Studio	Less than 500m away AED 76,000	Between 500m and 1km AED 71,000	More than a 1km AED 72,000
Bed Size 1-bed	Less than 500m away AED 111,000	Between 500m and 1km AED 91,000	More than a 1km AED 103,000
Bed Size 2-bed	Less than 500m away AED 140,000	Between 500m and 1km AED 152,000	More than a 1km AED 146,000

• Studio flats for rent near the metro station in Business Bay have an average rent of AED 76k a year if located within 500m. 
• Those looking for one-bedroom rental apartments within the same distance would pay an average of AED 111k.
• The average annual rent for 2-bed flats less than 500 m from the metro station averages at AED 140k.

The asking rents vary slightly for apartments within the 500m to 1km range.

• Expect to pay AED 71k on average for a rental studio.
• The average rent rises to AED 99k for a 1-bed flat.
• You would have to pay AED 152k to rent a 2-bed apartment within the same distance.

But what about apartments more than 1km away from the Business Bay Metro? Here’s an overview of the rental trends for these properties.

• On average, you would pay AED 72k for a studio unit.
• The average rent rises to AED 103k for a 1-bed flat.
• The average rent for a 2-bed apartment is AED 146k.

Analysis

The cost of living near Business Bay Metro varies depending on the size of the apartment. Studio flats for rent close to the metro in Business Bay are the priciest, averaging AED 76k, about AED 5k more than those 500m–1km away.

Similarly, one-bedroom apartments near the metro station in Business Bay cost around AED 111k, which is AED 12k more than those slightly farther. This price difference for homes near Business Bay Metro is often due to demand for compact, accessible units among professionals who prefer to live near the metro station in Business Bay.

Interestingly, the trend reverses for two-bedroom flats. These units average AED 140k within 500m of the station, making them AED 6k to 12k cheaper than similar apartments farther out. This could be due to older buildings near the station or smaller layouts.

So while the cost of properties near Business Bay metro is generally higher for smaller units, larger flats offer better value closer to the station, making the benefits of living close to Business Bay Metro Station more appealing for families or those seeking more space.

BEST BUILDINGS TO RENT APARTMENTS CLOSEST TO BUSINESS BAY METRO STATION

Tenants have plenty of rental options in Business Bay, especially if proximity to the metro is a priority. Several well-known buildings stand out for those interested in Business Bay property prices near the metro, offering both convenience and connectivity.

Among the most popular choices near the Business Bay Metro Station are Escape Tower, MBK Tower and the residential towers within the Executive Towers complex. These buildings are frequently sought after by tenants searching for value and ease of access to public transport.

ESCAPE TOWER

The Escape Tower is a 40-storey residential high-rise located in Business Bay. The tower features a selection of 2 and 3-bedroom apartments. It’s conveniently positioned close to Sheikh Zayed Road (E11), and boasts amenities such as a gym, swimming pool, steam room and sauna.

Those looking to rent apartments in Escape Tower, here are your options:

• The average rent for a 1-bed unit here stands at AED 105k.

MBK TOWER

MBK Tower is a prominent high-rise located in Business Bay, one of Dubai’s key financial districts. Designed by Eng. Adnan Saffarini, the project began in 2006 and was completed in 2010. It rises to 200 metres, with 59 floors above ground.

• The average rent for a 2-bed flat in MBK Tower is AED 127k.

TIARA UNITED TOWERS

Tiara United Towers is a twin-tower residential complex located in Business Bay, Dubai. The development consists of two separate buildings: Tiara United Towers East and Tiara United Towers West. The East Tower offers a range of 1 to 4-bedroom apartments, along with duplex units, while the West Tower features a mix of 1, 2 and 3-bedroom apartments.

Moreover, renting apartments in Tiara United Towers means access to amenities like a swimming pool and a gym.

• The 1-bedroom flats for rent are available for an annual AED 106k.
• Renting a 2-bed unit means shelling out AED 153k yearly.

APARTMENTS LOCATED BETWEEN 500M AND 1KM OF THE METRO STATION

Let’s now take a look at the 500m to 1km range to understand rental pricing trends near metro stations in Business Bay.

ZADA TOWER

Developed by DAMAC Properties, Zada Tower is a 30-storey residential building in Business Bay. The tower offers 699 residential units with various layouts, complemented by a range of amenities such as a children’s playground, fitness centre, landscaped gardens, podium parking, an outdoor cinema and a temperature-controlled swimming pool.

If you wish to rent a flat in Zada Tower, here’s what you can expect to pay yearly:

• You can rent a studio in Zada Tower for AED 78k.
• The average rent rises to AED 90k for a 1-bed flat.

EXECUTIVE TOWERS

Counted among the best buildings to rent apartments in Business Bay, Executive Towers is a 12-tower complex by Dubai Properties. It will take residents of Executive Towers around 12 minutes to walk to the Business Bay Metro station. Did we tell you there are over 2,000 units in studio to 4-bed configurations that you can choose from?

• The average rent for a studio in Executive Towers is AED 75k.
• You would have to pay an average price of AED 107k for a 1-bed flat.
• The average rent rises to AED 151 for a 2-bed flat.

MERANO TOWER

Merano Tower in Business Bay is a 29-storey building by DAMAC Properties offering studios, 1, 2 and 3-bedroom flats. It takes about 15 minutes to walk from the building to the metro station. But if you take an RTA Taxi, the ride would only take 6 minutes.

Importantly, rental apartments in Merano Tower offer many modern amenities, including a pool, a gym, high-tech security and a high-end lobby.

• Studio apartments in Merano Tower average at AED 68k per year.
• On average, 1-bedroom flats typically rent for around AED 93k annually.
• The 2-bedroom units come with an average yearly rent of AED 130k.

BEST BUILDINGS TO RENT FLATS OVER 1 KM AWAY FROM THE METRO STATION

Here’s a look at the most popular buildings located over 1km away from the Business Bay Metro Station.

DAMAC TOWERS BY PARAMOUNT

DAMAC Towers by Paramount is a mixed-use development in Business Bay, made up of four 55-storey towers connected by an eight-level podium featuring a range of retail outlets. The three residential towers offer studio to three-bedroom apartments, while the fourth operates as a hotel with premium suites.

Located in an area that highlights the value of metro access in real estate, the complex appeals to both residents and investors seeking convenience and connectivity. Rental apartments in DAMAC Towers by Paramount offer a variety of lifestyle amenities, including fitness facilities, dining options, wellness services and leisure spaces.

• The average rent for a 1-bedroom flat here is around AED 111k.
• The rent climbs to AED 158 for a 2-bedroom apartment.

BAYZ BY DANUBE

The Business Bay Metro Station is around an 8 to 10-minute drive from Bayz by Danube. The apartments offer top-class amenities, including a kids’ area, pool, health club, sauna, steam room and barbecue deck. The apartments are elegantly designed, keeping in mind the modern tastes of consumers.

• The average rent for a studio in Bayz by Danube is AED 69k.
• It rises to AED 92k and AED 133k for a 1 and 2-bed flat.

NOBLES TOWER

Nobles Tower is a residential high-rise in Business Bay, along Financial Centre Street (D71). Developed by Tiger Group, the 45-storey tower features 1, 2 and 3-bedroom apartments and is equipped with contemporary lifestyle amenities, covered parking, high-speed elevators and round-the-clock security.

If you would like to rent an apartment in Nobles Tower, here are the rental trends:

• The average rent for a 1-bed flat in Nobles Tower is AED 114k.
• The average rent rises to AED 158k for a 2-bed flat.

FIND AN AGENT

Have more questions in mind? Get in touch with our top TruBroker™ and find out more about the neighbourhood.

• Mehmood Pervez
• Courtny Murphy
• Burhan Mazhar
• Jitesh Jeswani
• Maqsood Ali

Moreover, Bayut’s Dubai Rent Transactions page offers a detailed index of real estate transaction data from the Dubai Land Department, including property rent history, annual rental volume and values of area-specific rental transactions. This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.

FAQS

WHAT IS IT LIKE LIVING IN BUSINESS BAY?

Business Bay is one of the most popular areas for finding apartments for rent near a Dubai Metro station. Besides access to the metro, other advantages of living in Business Bay include the availability of lifestyle amenities, a central location that puts it in proximity to Downtown Dubai, and a variety of properties that are suitable for both families and singles.

WHAT ARE THE OTHER AVAILABLE OPTIONS FOR PUBLIC TRANSPORT IN BUSINESS BAY?

Living near Business Bay Metro Station means easy access to the Red Line metro link. But you can also find other modes of public transport in the area. Read our guide to public transport in Business Bay to learn more.

WHERE IS BUSINESS BAY LOCATED?

There you have it – a complete round-up of the cost of living near the Business Bay Metro Station and the best buildings to rent apartments in Business Bay, based on your preferences. Keep an eye on the asking rents to better manage your total cost of living in Dubai.

As evident from the data above, it is not necessary that you have to pay a premium price for living near the Business Bay Metro Station. There are instances where apartments farther away have even higher rents. Remember, multiple factors determine a property’s rental value, including square footage, tower construction, amenities on offer and more. It’s up to you to do the proper research and choose a flat that best suits your requirements.

Also, whether you’re selling, buying or just curious, the free detailed TruEstimate™ report gives you a clear view of your property’s value, expected rental income and other useful insights.

If you think the average rents in Business Bay are higher, check out the more affordable residential areas near the metro in Dubai.