Top buildings to buy apartments in Business Bay
- Why Invest in Business Bay
- Aykon City
- Executive Towers
- DAMAC Towers by Paramount Hotels and Resorts
- Al Habtoor City
- Capital Bay Towers
- Find an Agent
- FAQs
Boasting a vibrant mix of residential and commercial skyscrapers along with luxury hotels, Business Bay stands as one of Dubai’s most dynamic mixed-use neighbourhoods. Its proximity to Downtown Dubai enhances its appeal, offering investors lucrative opportunities compared to other areas. The district’s diverse range of properties further fuels demand, making it a sought-after destination for real estate investments. For those interested, here’s a closer look at the top buildings to buy apartments in Business Bay Dubai.
WHY SHOULD YOU BUY APARTMENTS IN BUSINESS BAY?
Popular buildings to buy apartments in Business Bay offer a prime location and easy access to key areas, such as Downtown Dubai, the World Trade Centre and the Dubai Design District. Furthermore, public transport in Business Bay is well-established, and you can easily travel via buses and the Dubai Metro.
For investors, the USP of Business Bay flats for sale is high ROI. The returns have been steady for quite some time and point towards a solid investment opportunity.
Those looking for Business Bay apartment purchase insights, the sales transaction for apartments in Business Bay reveals that over 12,000 units were sold this year, which is almost a 25% increase from last year!
The availability of various layouts, from compact studios to spacious 4-bedroom units, adds to its appeal. Those looking for more luxury and larger spaces can find duplexes and penthouses for sale in Business Bay.
When living in Business Bay, you won’t be disappointed with exciting eateries, trendy lounges and luxury hotels. Also making its way through the lively district is the Dubai Canal.
MOST POPULAR BUILDINGS TO BUY APARTMENTS FOR SALE IN BUSINESS BAY DUBAI
Interested in properties to buy in Business Bay? Here’s a bar graph showing where to buy apartments in Business Bay. You can learn more about the asking sales prices, expected ROI, apartment features and layouts.
AYKON CITY
Aykon City, near the Dubai Canal, is the first entry on the list of buildings to buy flats in Business Bay. Developed by the renowned DAMAC Properties, it comprises two individual buildings: Aykon City Luxury Residences and DAMAC Maison Aykon City Hotel Apartments.
Each building is a masterpiece in its own right, offering a mix of studios, one, two and three-bedroom apartments.
- Buying a studio flat will cost around AED 1.07M.
- A 1-bedroom apartment for sale in Aykon City is priced at AED 1.68M.
- A 2-bed apartment for sale here is available for AED 2.68M.
- Those interested in buying a 3-bedroom apartment must have a budget of AED 3.72M.
- Apartments for sale in Aykon City offer an ROI of 6.56%.
EXECUTIVE TOWERS
Executive Towers is the second most popular location to find apartments for sale in Business Bay. This 12-tower complex near the Business Bay Metro Station offers trendy studios to spacious 4-bedroom apartments. Plus, there is a small inventory of luxury podium villas.
Bay Avenue Mall, located within the complex, features supermarkets, pharmacies, restaurants, salons, and nurseries. Furthermore, Bay Avenue Park is located right across the complex. There are fitness amenities like swimming pools and gymnasiums.
For those interested in buying an apartment in Executive Towers, here are the sales trends:
- Buying a studio here can cost around AED 1.25M.
- If you are interested in buying a 1-bed or a 2-bed flat in Executive Towers, you are expected pay around AED 1.79M and AED 2.67M, respectively.
- The budget for a 3-bedroom apartment for sale here is AED 4.37M.
- The expected ROI is 5.16%.
DAMAC TOWERS BY PARAMOUNT HOTELS AND RESORTS
A Hollywood-inspired development in Dubai, DAMAC Towers by Paramount Hotels and Resorts, ranks third on the list of buildings to buy flats in Business Bay.
The project has four 68-storey towers connected via a multi-level plaza, where you can find bars, restaurants, pools, a children’s play area, a fitness centre and a screening room.
- On average, studios for sale in DAMAC Towers by Paramount are priced at AED 1.13M.
- On average, you can expect to pay AED 1.75M to buy a one-bedroom flat in DAMAC Towers by Paramount.
- The bigger 2-bedroom apartments in DAMAC Towers by Paramount have an average sales price of AED 2.59M, while the financial outlay for a 3-bed flat is AED 3.66M.
- The ROI of flats in DAMAC Towers by Paramount is 5.42%.
Looking to rent 1-bedroom flats in Business Bay buildings? DAMAC Towers by Paramount offers some of the best options!
- 1 BED
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- 2 BATHS
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- 1054 SQFT
- 1 BED
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- 1 BATH
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- 928 SQFT
- 1 BED
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- 2 BATHS
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- 1054 SQFT
- 2 BEDS
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- 3 BATHS
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- 1514 SQFT
- STUDIO
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- 1 BATH
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- 498 SQFT
- STUDIO
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- 1 BATH
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- 451 SQFT
- STUDIO
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- 1 BATH
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- 483 SQFT
- STUDIO
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- 1 BATH
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- 472 SQFT
- STUDIO
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- 1 BATH
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- 451 SQFT
AL HABTOOR CITY
Al Habtoor City Dubai by Al Habtoor Group offers residential, entertainment and hotel facilities. If you are interested in Business Bay apartments for sale, three luxury residential towers in Al Habtoor City, Amna, Noora and Meera are ideal options.
Residents can enjoy amenities like a tennis academy, community gardens and an air-conditioned clubhouse. You can also find cafes, restaurants, boutiques, retail outlets, health clubs and other entertainment avenues nearby. And not to mention, you’ll be steps away from La Perle – a leading performing arts theatre in Dubai.
- Regarding average prices, a 1-bed apartment for sale in Al Habtoor City is available for AED 1.93M.
- You can buy 2-bedroom apartments in Al Habtoor City for an average price of AED 2.85M.
- You could also consider buying 3-bedroom apartments in Al Habtoor City for AED 4.35M on average.
- The ROI for flats here stands at 5.51%.
Those looking to buy apartments in Al Habtoor City can check out the residential towers’ floor plans to learn more about the layouts.
CAPITAL BAY TOWERS
Last on our list of popular buildings to buy apartments in Business Bay Dubai is Capital Bay Towers. It is a modern twin-tower residential development by DAMAC Properties. Both Capital Bay Tower A and Capital Bay Tower B offer studios and 1 to 3-bedroom apartments. The towers sit in a prime central Dubai location, close to Sheikh Zayed Road, with easy access to Downtown and key hubs.
The towers offer notable lifestyle amenities, including a gym, pool, spa, sauna, kids’ play areas and retail on the ground floor for daily convenience. Capital Bay combines functional city living with comforts that appeal to professionals and families alike.
If you want to invest in an apartment in Capital Bay Towers, here are the average sales prices for different bed types:
- On average, studio apartments for sale in Capital Bay Towers are priced at around AED 1.10M.
- Similarly, 1-bedroom apartments typically sell for approximately AED 1.58M, depending on layout and view.
- Larger 2-bedroom units in Capital Bay Towers usually command an average sale price of about AED 2.85M.
- The expected ROI here is 6.07%.
CONNECT WITH A TRUBROKER™
If you want a thorough insight into the Business Bay property buying research, our top agents can help you with that.
FAQs
WHICH OTHER BUILDINGS CAN I CONSIDER TO BUY APARTMENTS IN BUSINESS BAY?
Other buildings where you can find apartments for sale in Business Bay include Capital Bay Towers, Merano Tower and Ontario Tower. You can also look at the historical sales transactions in Business Bay over the past 12 months to get an idea of the price range.
- STUDIO
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- 1 BATH
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- 515 SQFT
- 1 BED
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- 2 BATHS
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- 761 SQFT
- STUDIO
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- 1 BATH
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- 450 SQFT
- STUDIO
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- 1 BATH
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- 461 SQFT
- 1 BED
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- 2 BATHS
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- 942 SQFT
- 1 BED
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- 2 BATHS
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- 830 SQFT
DOES BUSINESS BAY HAVE A METRO STATION?
The Business Bay Metro Station, located in the heart of the district, provides easy access to the Dubai Metro network for people living and/or working in the area. You can readily find public transport in Business Bay.
WHAT ARE THE POPULAR BUILDINGS TO RENT APARTMENTS IN BUSINESS BAY?
If you’re not ready for a hefty financial commitment, check out these popular buildings to rent apartments in Business Bay. You can then decide if the neighbourhood is the right choice for you or not.
That’s all we have for you on our Business Bay apartment buying guide. Whether you are seeking permanent residence or searching for lucrative real estate options for investment, Business Bay offers the best for both options.
If you are visiting the city soon and planning to stay in the community temporarily, here are some of the top options for renting hotel apartments in Business Bay.
Keep following MyBayut to learn more about the top residential neighbourhoods in Dubai.
