Penthouses for rent in Business Bay

At what price ranges can I find Business Bay penthouses?

In Business Bay, you can find penthouses with rental prices ranging from AED 220,000 to AED 4,000,000.

What are the most sought-after locations for renting penthouses in Business Bay?

These are the locations most preferred by tenants seeking penthouses:

• Executive Towers
• Al Habtoor City
• Binghatti Canal Building

What is the current number of penthouses for rent in Business Bay?

Tenants can find 23 penthouses listed on Bayut.

What is the current average asking rent for penthouses in Business Bay?

During the last 6 months, the average annual rental price of penthouses listed on Bayut has been AED 1,048,587.

What are the asking rents of penthouses in Business Bay based on bedroom categories on Bayut?

Below is an overview of average rental prices of penthouses in Business Bay based on bedroom categories:

• 3 Bedrooms: AED 1,568,237
• 4 Bedrooms: AED 1,055,606
• 5 Bedrooms: AED 944,985

Has the average asking rental price changed for penthouses in Business Bay?

The average asking rent for penthouses has witnessed a change of -68%. The change over the past 6 months can be due to changing market dynamics and new developments.

What are the asking rents for penthouses listed in popular areas in Business Bay?

The average asking rents for penthouses listed in popular areas in Business Bay are as follows:

• Executive Towers: AED 455,547
• Al Habtoor City: AED 959,449
• Binghatti Canal Building: AED 238,080

Which schooling options are available near Business Bay?

Worth-considering schooling options near Business Bay include the following:

• GEMS Our Own Indian School
• Towheed Iranian Boys School
• Dubai International Private School Al Quoz

What are the closest nurseries to Business Bay?

The following can be your top choice when looking for nurseries: 

• Maple Bear Nursery Business Bay
• Learning Tree Nursery
• Canadian Kids Nursery Dubai

Which neighborhoods close to Business Bay can be considered for renting penthouses?

If you want to rent penthouses near Business Bay, these neighbouring areas are highly popular choices:

• Sheikh Zayed Road
• Al Quoz
• Downtown Dubai

What are the asking rents of penthouses in neighbourhoods close to Business Bay?

The average asking rents of penthouses listed in nearby neighbourhoods on Bayut are:

• Sheikh Zayed Road: AED 673,320
• Al Quoz: AED 397,500
• Downtown Dubai: AED 1,785,954

What is the volume of rental transactions for penthouses in Business Bay?

During the past year, the transaction volume of new contracts registered for renting penthouses in Business Bay was 6.

What is the average rental price of penthouses in Business Bay?

AED 120,000 is the average price for penthouses rented in Business Bay, according to transactions of the last 12 months. The transactions represent actual values that vary as per the condition of the penthouses and the amenities and facilities around them.

How do transaction prices vary for penthouses rented in Business Bay by bedroom category?

Below is an overview of average transaction prices of penthouses rented in Business Bay based on bedroom categories, as per DLD's data:

• 4 Bedrooms: AED 120,000

Have there been any shifts in the rent of Business Bay penthouses?

The rental costs of penthouses have seen a shift of -9% over the last 6 months according to the transactional data recorded by DLD.

What are the transaction prices of penthouses rented in locations close to Business Bay?

According to DLD's data in the past 12 months, the average prices of penthouses rented in locations close to Business Bay are as follows:

• Downtown Dubai: AED 104,000