Properties for rent in Business Bay

Properties in Business Bay consist of many skyscrapers and high-rise buildings, with the Dubai Creek running through them. In total, Business Bay contributes around 240 buildings to the Dubai real estate market, including many commercial and residential projects. Business Bay properties - for rent and sale - take up approximately around 64,000,000 sq. ft. of land, inclusive of many offices and residential towers enveloped by lush green gardens, canals, pathways and roads.

Types of Properties in Business Bay

Properties in Business Bay are made up of industrial spaces, deluxe apartments and villas with top-notch amenities and living facilities. There are dedicated public spaces for many recreational activities. There is also a system of connecting the many shaded footpaths, waterworks, residential towers and pedestrian walkways showcasing the brilliant urban planning gone into the fruition of this innovative community called the Podium.
Situated at a great location in the Emirate of Dubai, the properties in Business Bay have become the hub for international trade in the city. Located on the main Sheikh Zayed Road and the Burj Khalifa Boulevard, this area is home to international luxury-hotels such as Shangri-La, Emirates Towers, The Oberoi, JW Marriot and the Steigenberger Hotel to name a few.

Rental Price Trends for Properties in Business Bay

The properties in Business Bay are some of the hottest in Dubai. They consist of a wide range of apartments, penthouses and villas, as well as commercial properties such as office spaces. The apartments for rent in Business Bay are made up of studios and 1, 2, 3 and 4-bedroom flats with ample living spaces spanning 952 sq. ft., 1,728 sq. ft, 2,578 sq. ft, 3,705 sq. ft. and 6,105 sq. ft. respectively. Depending on your requirements, the price of rental apartments in Business Bay ranges between AED 50,000 to AED 600,000 on a yearly basis. Business Bay penthouses, on the other hand, can be as big as 10,788 sq. ft. with rental prices starting at AED 210,000 and going up to AED 550,000, depending on the size and the number of bedrooms. Villas in Business Bay usually come with 4 bedrooms with living areas ranging between 4,465 and 7,975 sq. ft. The rents start at AED 200,000 and go up to AED 265,000.
As for the community’s commercial real estate, offices for rent in Business Bay offer spacious working spaces and brilliant facilities, with surface areas starting from 210 sq. ft. and going as high as 30,000 sq. ft. The rents start at AED 40,000 and reach around AED 1,800,000 for larger units.

Popular Areas of Business Bay

Overlooking many canals while housing many high-end restaurants, retail shops, outdoors rec-areas, cafes, pedestrian areas and bistros, Bay Square is one of the most colourful places in Business Bay with other pivotal zones being The Execute Towers. Bay Avenue is a retail destination made up of two levels of indoor and outdoor areas and offering many boutiques, children’s play area, sports facilities and chic eateries. The rest of the master development is taken up by the Dubai Creek Extension.

Reasons for Renting in Business Bay

People interesting in renting and living in Business Bay can rest assured living right in the heart of the city; Business Bay calmly sits behind Downtown Dubai and Al Quoz, two of the most popular areas of Dubai. A mix-use development, consisting of various residential and commercial buildings, the community has attracted people from all over the world. Considering the fact that one will find stylish properties at steady prices, Business Bay has proven to be quite a viable option for those looking to rent a property in the Emirate of Dubai.