Peninsula Three
Business Bay
About Business Bay
Business Bay is one of Dubai’s most iconic neighborhoods, where work and play cross paths. It’s a commercial, residential, and business community consisting mainly of skyscrapers.
Located next to Downtown Dubai, Sheikh Zayed Road, and DIFC, it’s a stone’s throw away from the city’s most happening areas.
Business Bay is home to jaw-dropping architecture, the stunning Dubai Canal, and endless entertainment and nightlife options like rooftop restaurants, lounges, and upscale hotels. It also houses plenty of businesses and commercial buildings, hence its name.
The area boasts over 240 buildings and is one of the most popular communities in Dubai. It covers 46,900,000 sq. ft. with 18.5% of the area dedicated to commercial developments, 59.4% to mixed-use developments, and 22.1% to residential developments.
If you want to live close to Downtown Dubai at a more manageable housing price, Business Bay is a great option. This glitzy community is a key part of Dubai’s skyline and is one of the best places for renting and buying luxury apartments in Dubai.
Key Highlights
- Central Business Hub in Dubai
- Close to Downtown Dubai, Burj Khalifa, and Dubai Mall
- Luxurious home with Dubai Canal views
- Location of La Perle by Dragone
- Home to JW Marriott Marquis Hotel
- Very popular because of its many amenities, dining, and leisure facilities
- Apartments, offices, and business centers available
- Access to transportation including Business Bay Metro station
- Near key highways like Sheikh Zayed Road and Al Khail Road
Location
Business Bay is located next to Downtown Dubai along the Dubai Water Canal. It’s bordered by two major highways, Sheikh Zayed Road (E11) and Al Khail Road (E44), which makes commuting by car convenient.
Properties
Residential properties in Business Bay consist of apartments in high-rise buildings. Expect views of the glittering skyline and the serene Dubai Canal.
The apartments here include studios, 1, 2, 3, and 4-bedroom apartments, as well as luxurious penthouses, duplexes, and hotel apartments.
According to Property Finder's Market Watch report, Business Bay was the most popular area for buying and renting apartments in Dubai in 2024.
Popular apartment locations in Business Bay
See All
Explore new projects in Business Bay
See All
Avarra by Palace
Dubai, Business Bay, Avarra by Palace
6 bedroomsLaunch price:2.8M AEDPayment Plan: 10/80/10
Sobha Skyparks
Dubai, Business Bay, Sobha Skyparks
3 bedroomsLaunch price:2.9M AEDPayment Plan: 20/50/30
Vela Dorchester Collection
Dubai, Business Bay, The Vela Dorchester Collection
2 bedroomsLaunch price:43M AEDPayment Plan: 5/55/40
Marasi Bay Island
Dubai, Business Bay
Eywa The Tree of Life
Dubai, Business Bay, Eywa
4 bedroomsLaunch price:12M AEDPayment Plan: 10/50/40
Vela Viento
Dubai, Business Bay, Vela Viento By Omniyat
3 bedroomsLaunch price:28M AEDPayment Plan: 5/55/40
DWTN Residences
Dubai, Business Bay, DWTN Residences
5 bedroomsLaunch price:2M AED2 Payment Plans
Waldorf Astoria Residences Dubai Business Bay
Dubai, Business Bay
3 bedroomsLaunch price:15M AEDPayment Plan: 20/40/40
V-Suites
Dubai, Business Bay, V-Suites
4 bedroomsLaunch price:1.6M AEDPayment Plan: 10/20/20/50
Eywa 2
Dubai, Business Bay, Eywa
Launch price:8.3M AEDPayment Plan: 10/40/50
Price trends
Studio apartments rented in Business Bay
The data displayed is based on average prices and sizes of all apartments in Business Bay.
Average prices
| Type | Avg. Price (AED/ year) |
|---|---|
| Studio | 81,000 |
| 1 Bedroom | 110,000 |
| 2 Bedrooms | 153,000 |
| 3 Bedrooms | 212,000 |
| 4 Bedrooms | 386,000 |
The data displayed is based on average prices and sizes of all apartments in Business Bay.
Recent rental transactions
| Location | Rented Price (AED/Year) | Date | Contract Status | Property Type | Bedrooms | Size (sqft) |
|---|---|---|---|---|---|---|
Business Bay Elite Business Bay Residence | 15,000 | 16 Apr 2026 - 15 Jul 2026 | Renewed | Apartment | Studio | 479.75 |
Business Bay Westburry Tower 2 | 40,000 | 11 Apr 2026 - 10 Apr 2027 | Renewed | Apartment | Studio | 461.77 |
Business Bay Westburry Tower 2 | 42,000 | 25 Mar 2026 - 24 Mar 2027 | Renewed | Apartment | Studio | 461.77 |
Business Bay DAMAC Majestine | 75,000 | 25 Feb 2026 - 24 Feb 2027 | New | Apartment | Studio | 579.64 |
Business Bay Peninsula Three | 75,000 | 10 Apr 2026 - 9 Apr 2027 | New | Apartment | Studio | 428.51 |
Business Bay Bayz by Danube | 64,000 | 20 Apr 2026 - 19 Apr 2027 | Renewed | Apartment | Studio | 408.27 |
Business Bay UPSIDE Living | 30,000 | 12 Apr 2026 - 11 Sep 2026 | New | Apartment | Studio | 374.26 |
Business Bay Peninsula Five | 85,000 | 18 Apr 2026 - 17 Apr 2027 | New | Apartment | Studio | 515.38 |
Business Bay SOL Avenue | 90,000 | 1 Apr 2026 - 31 Mar 2027 | Renewed | Apartment | Studio | 730.44 |
Business Bay Westburry Tower 2 | 40,000 | 10 Apr 2026 - 9 Apr 2027 | Renewed | Apartment | Studio | 357.04 |
The data displayed is based on average prices and sizes of all apartments in Business Bay.
See all TransactionsExplore properties in Business Bay that match your interest
See All
Lifestyle
The lifestyle in Business Bay is vibrant and buzzing with activities. From entertainment and waterfront strolls to restaurants and hotels, there’s always something to do here.
The Dubai Canal is often filled with people walking or cycling, making it great for an active lifestyle. The nightlife is quite vibrant here as well, with plenty of fine-dining restaurants, hotels, and clubs.
Business Bay Attractions & Things to Do
One of the most popular attractions in Business Bay is La Perle by Dragone, Dubai’s permanent show. The mastermind behind it was Franco Dragone, the theatre director who worked with Cirque du Soleil. La Perle is located in V Hotel at Al Habtoor City. Dubai’s pearl-diving history inspires it and it displays impressive acrobatics, stunts, and choreography with a cast of 65 performers.
Another iconic attraction in Business Bay is the Dubai Canal. This man-made project features a 3.2 km promenade that overlooks Dubai’s stunning skyscrapers and has restaurants, hotels, luxury homes, and walking and cycling paths.
Amenities
Business Bay Dubai is rich in amenities, with everything you could need within reach. You’ll find schools, nurseries, pharmacies, supermarkets, clinics, and beauty salons all around you.
What Residents say about Business Bay
A
Abhi S.I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.
S
Samson P.Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views
R
Rishab B.Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.
A
Ajmal S.One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.
H
Huda N.Amazing
Escape Tower
A
AKHILdirty building of the year
Millennium Binghatti Residences
A
AGValue for money considering how Business Bay is shaping up..
Windsor Manor
L
LIlaUnlike many building in the area, and although this one is slightly older, it is solid construction and the units are very large. Great access to down town and major road, as well as amazing skylines and the canal walk. The service charges are very low compare with other small units in the area. There is a great long term community of neighbors, the majority have been here for close to a decade or more, which creates a stable and family friendly safe environment and network of support. The management company are doing their best and constantly improving the site. Overall a fantastic place to be, if one wants to live in space and not luxurious Tiny apartments and pay a lot more. ,
Vera Residences
S
SamerVery good
Vera Residences
D
Di K.Close to Dubai mall - 15 minutes' walk, beautiful views, huge balcony, affordable prices. No guests parking.
Vera Residences
J
JohnAmazing building , with all kind of amenities, like swimming pool , gym , sauna
Ask Local Experts
Get answers from top agents in
Business Bay
Frequently asked questions
Chiller-free apartments for rent in Business BayApartments With Balcony For Rent In Business BayApartments for Rent in Business Bay Near Metro StationApartments with Gym for Rent in Business BayApartments with Maid’s Room For Rent in Business BayApartments with Maid's Room For Sale in Business BayWaterfront Apartments For Rent in Business BayWaterfront Apartments For Sale in Business BayReady to move Apartments For Sale in Business BayReady to move Apartments For Rent in Business Bay
Business Bay is a great area for tourists due to its central location and proximity to popular attractions like Burj Khalifa and Dubai Mall. Moreover, it has a metro station, which makes commuting easy for tourists. There are also lots of hotels here, which give tourists plenty of accommodation options.
