- Business Bay
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Near Business Bay
Renting a Villa in Business Bay
Every city around the world has a financial and commercial hub. Take for example the relationship between Manhattan and New York City, Manhattan is considered the commercial-district within New York City. Similarly, the Business Bay district has the same relationship with Dubai. Business Bay signifies the progress of Dubai which, till a few years ago, was simply a pearl diving post. The popular district has been established with careful planning. With consultations between leading world economists, its infrastructure and locations have been strategically planned for success. However, this community isn’t just a hub for commerce, it is also a district where people can live and play. This is why families and single individuals are interested in taking up accommodation in one of the many residential properties in Business Bay. As more and more professionals are seeking real estate within this commercial hub, the demand for renting villas in Business Bay has increased.
Types of Villas in Business Bay
House hunters looking at villa rentals will have no trouble finding a home that matches their lifestyle. Spread across an area of 2,508 sq.ft, 3-bedroom villas for rent in Business Bay will come standard with 3-baths. On the other hand, a 4-bed home in Business Bay will come with 6-bathrooms and a modest 7,798 sq. ft. space for a growing family. The community where these villas are established have a dedicated children’s playground, day care centre and central cafeteria. There’s also backup electricity in case of a blackout, as well as dedicated and plentiful parking spots.
Rent Price Trends for Villas in Business Bay
Leasing a 3-bed villa with 2-baths and floor-space of 2,508 sq. ft. will on average cost the tenant AED 220K per annum. The renting price of a 4-bed house in Business Bay, which will come with 6-baths and a 7,798 sq. ft. floor area will float around AED 265K per year. For some residents, these rental rates may be steep compared to what they may be paying currently but renting here is especially fruitful for those who work in Business Bay and spend a lot of time and money simply commuting to work.
Lifestyle in Business Bay
Keeping in mind the high rent rates for properties in Dubai, Business Bay can offer a more economical solution for leasing a villa. Besides being the central commercial district of Dubai, there are many things to do and see in Business Bay. For those who love dining and lounging, there is the Keif restaurant nearby. This restaurant is famous for fusion hookahs/shishas and residents can also create their own custom-made hookah flavour. For those who love BBQ, the Keif restaurant is home to the famous Keif kebab which is a favourite amongst foodies. For young people who need to get loose on the weekend, the highly rated Iris Dubai Club is a favourite amongst residents. Other exciting places to lounge and party include the Gotha Club Dubai, Weslodge Saloon and the Boa Lounge & Club to name a few. For those who love the sun and sand, not too far is the community of Jumeirah which has one of the best public beaches in Dubai.
Reasons for Renting in Business Bay
There could be many reasons why someone would be compelled to consider renting villas in Business Bay. For some, owning property in UAE is not feasible as they may be temporarily living in the UAE. In that case, it makes perfect sense for them to consider villas that they can lease, especially if they have a family living with them. Another benefit of leasing villas in Business Bay is the location: for those who work in Business Bay, it makes sense for them to live here as well. Not only is it a great economical choice, but one that can significantly improve the quality of life. Residents will also be pleased to find that they are living in close proximity to Downtown Dubai.