At what price ranges can I find shops in Business Bay?
In Business Bay, you can find shops with rental prices ranging from AED 45,000 to AED 4,000,000.
What is the current number of shops for rent in Business Bay?
Tenants can find 139 shops listed on Bayut.
What are the most sought-after locations for renting shops in Business Bay?
These are the locations most preferred by tenants seeking shops:
- Millennium Central Downtown
- Hotel Indigo
- International Business Tower
How much is the annual rental price for shops in Business Bay?
The average rent of shops listed is around AED 692,301. Factors such as property type, size, features and location can impact the rental price.
Is there any change in the rental cost of shops listed for renting in Business Bay?
Asking rent for shops in Business Bay have experienced a change of -35% over the past 6 months.
How do asking rents in preferred locations in Business Bay compare when renting shops?
Below is an overview of average asking rents for shops in preferred locations in Business Bay:
- Millennium Central Downtown: AED 633,845
- Hotel Indigo: AED 1,350,749
- International Business Tower: AED 665,072
Which neighborhoods close to Business Bay can be considered for renting shops?
If you want to rent shops near Business Bay, consider the following neighbouring areas:
- Sheikh Zayed Road
- Al Quoz
- Downtown Dubai
What are the asking rents of shops listed in areas neighbouring Business Bay?
Average asking rents for shops listed in areas close to Business Bay are highlighted below:
- Sheikh Zayed Road: AED 1,845,915
- Al Quoz: AED 1,517,967
- Downtown Dubai: AED 962,641
How many rent transactions were recorded in Business Bay for shops?
308 new rental contracts for shops were registered in the last 12 months in Business Bay.
What is the average rental price of shops in Business Bay?
AED 324,495 is the average recorded price for shops rented in Business Bay, according to DLD transactions of the last 12 months. The transactions represent actual values that vary as per the condition of the shops and the amenities and facilities around them.
How do transaction rental prices for shops rented in prime locations in Business Bay vary?
The average transaction prices of shops rented in the most sought after locations by Business Bay are as follows:
- Millennium Central Downtown: AED 159,922
- International Business Tower: AED 125,000
Have there been any shifts in the rent of Business Bay shops?
The rental costs of shops have seen a shift of -13% according to the transactional data recorded by DLD.
How do prices of shops rented in neighboring areas vary?
According to DLD, average prices of shops rented in areas near Business Bay can vary as follows:
- Sheikh Zayed Road: AED 514,386
- Al Quoz: AED 142,973
- Downtown Dubai: AED 1,165,921