Price trends
1 bedroom apartments rented in Damac Towers and Business Bay
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Damac Towers and Business Bay.
Damac Towers
About Damac Towers
Damac Towers is a prominent mixed-use development in the heart of Business Bay, Dubai, crafted by the renowned developer DAMAC Properties. Comprising four impressive towers, the complex rises to 85 floors and was completed in 2017. Strategically positioned within one of Dubai’s most dynamic business and lifestyle districts, Damac Towers offers a blend of residential apartments, serviced hotel units, and commercial spaces. The development is themed around luxury urban living, catering to both end-users and investors, and is available on a freehold ownership basis.
Main Highlights & Amenities
Damac Towers stands out for its architectural grandeur, world-class amenities, and prime location. Residents and visitors enjoy a comprehensive suite of facilities designed for comfort, convenience, and leisure, all curated by DAMAC Properties.
- Developer: DAMAC Properties
- Location: Business Bay, Dubai
- Building Type: Mixed-use (Residential, Serviced Apartments, Commercial)
- Available Unit Types: Studios, 1BR, 2BR, 3BR, Penthouses
- Ownership Type: Freehold
- Amenities:
- State-of-the-art fitness center and gymnasium
- Temperature-controlled swimming pools
- Dedicated children’s play areas
- Luxury spa and wellness center
- 24-hour concierge and security services
- High-speed elevators
- Multi-level podium parking
- Fine dining restaurants and cafes
- Retail outlets and convenience stores
- Landscaped gardens and outdoor seating areas
- Meeting rooms and business facilities
- Housekeeping and maintenance services (for serviced units)
Location
Nearest points of interest
Restaurants
Flashback Speakeasy Bar & Lounge
69 m
The Stage
70 m
Malibu Deck - Pool Bar
70 m
Pacific Groove - Restaurant & Lounge
70 m
Carna By Dario Cecchini
129 m
Groceries
O Mart Supermarket
617 m
Al Rayhan Grocery
651 m
Best Mart
700 m
Bridge City Minimart
790 m
Lets Go Mini Mart
841 m
Schools
Hartland International School
1.6 km
North London Collegiate School Dubai
1.9 km
Dubai International private School - BR
3.6 km
INTERNATIONAL CONCEPT EDUCATION
3.7 km
Iranian Towheed Boys School
3.7 km
Hospitals
Empire Dental Clinic
1 km
Bay Square Ladies Massage And Relaxation Center
1.3 km
Elite Style Polyclinic
1.6 km
Lookswoow
1.7 km
Jadore Medical Center
1.8 km
Religious
Ahel Al Sunnah Mosque (625)
1.4 km
Al Ghafoor Mosque
3.4 km
Bay avenue mousq
3.5 km
Makhtoom Bin Khalifa Bin Saeed Al Maktoom Mosque
3.6 km
Rashid bin Bakhit Mosque
3.6 km
Damac Towers is strategically located in Business Bay, Dubai, a thriving commercial and residential district adjacent to Downtown Dubai and the iconic Burj Khalifa. The development enjoys direct access to major arterial roads such as Sheikh Zayed Road and Al Khail Road, ensuring seamless connectivity to the rest of the city. The surrounding community is characterized by a vibrant mix of high-rise towers, waterfront promenades, and a cosmopolitan atmosphere, making it a sought-after address for professionals and families alike.
Accessibility is a key advantage of Damac Towers. The development is well-served by public transportation, with metro and bus stations within easy reach. Residents benefit from quick commutes to Dubai’s central business districts, leisure destinations, and Dubai International Airport.
- Business Bay Metro Station – 5 minutes by drive
- Burj Khalifa/Dubai Mall Metro Station – 8 minutes by drive
- Business Bay Metro Bus Stop – 5 minutes by drive
- Bay Square Bus Stop – 6 minutes by drive
Residents of Damac Towers benefit from secure, covered multi-level podium parking with allocated spaces for each unit. Visitor parking is available on a limited basis, with additional paid parking options nearby. The development’s parking facilities are designed for convenience and ease of access.
- The Dubai Mall
- Burj Khalifa
- Dubai International Airport
Properties
Damac Towers offers a diverse selection of property types, including studios, one-, two-, and three-bedroom apartments, as well as luxurious penthouses. The residences are designed with modern layouts, featuring open-plan living areas, floor-to-ceiling windows, and private balconies that offer panoramic views of the Dubai skyline and canal. Kitchens are fully equipped with high-quality appliances, and bathrooms are finished with premium fittings. The development appeals to a wide audience, from young professionals seeking a vibrant urban lifestyle to families desiring spacious, well-appointed homes, and investors looking for high-yield opportunities in a prime location.
Average prices
| Type | Avg. Price (AED/ year) |
|---|---|
| 1 Bedroom | 117,000 |
| 2 Bedrooms | 205,000 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Damac Towers and Business Bay.
Recent rental transactions
| Date | Rented Price (AED/Year) | Contract Status | Property Type | Bedrooms | Size (sqft) |
|---|---|---|---|---|---|
| 1 Apr 2026 - 31 Mar 2027 | 118,000 | Renewed | Apartment | 1 Bed | 649.82 |
| 22 Feb 2026 - 21 Feb 2027 | 74,550 | Renewed | Apartment | 1 Bed | 780.49 |
| 25 Mar 2026 - 24 Mar 2027 | 88,000 | New | Apartment | 1 Bed | 934.31 |
| 1 Apr 2026 - 31 Mar 2027 | 135,000 | Renewed | Apartment | 1 Bed | 682.97 |
| 1 Apr 2026 - 31 Mar 2027 | 90,000 | New | Apartment | 1 Bed | 470.71 |
| 20 Oct 2025 - 19 Oct 2026 | 78,000 | New | Apartment | 1 Bed | 470.81 |
| 4 Apr 2026 - 3 Apr 2027 | 67,000 | Renewed | Apartment | 1 Bed | 850.67 |
| 24 Mar 2026 - 23 Mar 2027 | 79,000 | Renewed | Apartment | 1 Bed | 854.87 |
| 3 Apr 2026 - 2 Apr 2027 | 110,000 | New | Apartment | 1 Bed | 846.15 |
| 15 Dec 2025 - 14 Dec 2026 | 113,000 | Renewed | Apartment | 1 Bed | 928.92 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Business Bay.
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Average price of a 1 bedroom apartment nearest to Damac Towers
The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
What Residents say about Damac Towers
