Peninsula Three
Business Bay
LuxuryBusiness FriendlyCentral location
Based on 5 community and 260 building reviews
What you need to know 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 Facts
- 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
A look around Business Bay
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
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Explore new projects in Business Bay
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Avarra by Palace
Dubai,Business Bay,Avarra by Palace
6 bedroomsLaunch price:2.8M AEDPayment Plan: 10/80/10
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
The Ritz Carlton Residences at Business Bay
Dubai,Business Bay,The Ritz - Carlton Residences
Launch price:30M AEDPayment Plan: 10/55/35
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
Waldorf Astoria Residences Dubai Business Bay
Dubai,Business Bay
3 bedroomsLaunch price:15M AEDPayment Plan: 20/40/40
Al Multaqa Towers
Dubai,Business Bay
Eywa 2
Dubai,Business Bay,Eywa
Launch price:8.3M AEDPayment Plan: 10/40/50
Eywa Way of Water
Dubai,Business Bay,Eywa
4 bedroomsLaunch price:9M AEDPayment Plan: 10/50/40
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 | 112,000 |
| 2 Bedrooms | 152,000 |
| 3 Bedrooms | 220,000 |
| 4 Bedrooms | 400,000 |
| 5 Bedrooms | 995,000 |
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 Damac Maison Prive B | 62,000 | 30 Jul 2026 - 29 Jul 2027 | New | Apartment | Studio | 408.49 |
Business Bay Binghatti Canal | 68,000 | 1 Aug 2026 - 31 Jul 2027 | New | Apartment | Studio | 491.80 |
Business Bay Trillionaire Residences | 77,000 | 20 Jul 2026 - 19 Jul 2027 | New | Apartment | Studio | 548.64 |
Business Bay Peninsula Five | 70,000 | 5 Jul 2026 - 4 Jul 2027 | Renewed | Apartment | Studio | 543.04 |
Business Bay DAMAC Majestine | 55,000 | 18 Jul 2026 - 17 Jul 2027 | New | Apartment | Studio | 429.80 |
Business Bay Bayz by Danube | 48,000 | 1 Aug 2026 - 31 Jul 2027 | New | Apartment | Studio | 407.41 |
Business Bay Oval Tower | 35,000 | 26 Jul 2026 - 25 Jul 2027 | New | Apartment | Studio | 367.16 |
Business Bay Westburry Tower 2 | 42,000 | 16 Aug 2026 - 15 Aug 2027 | Renewed | Apartment | Studio | 364.90 |
Business Bay Merano Tower | 55,000 | 5 Aug 2026 - 4 Aug 2027 | New | Apartment | Studio | 331.10 |
Business Bay Elite Business Bay Residence | 50,000 | 4 Jun 2026 - 3 Jun 2027 | Renewed | Apartment | Studio | 479.75 |
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
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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
Park Central
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Eddie B.The common areas are very well maintained and upgraded by the Property Management Team. The building is 13 years old and some of the apartments have been upgraded and well maintained; some of the apartments have the original equipment and in need of constant maintenance and repair. If the apartment is facing Al Asayel Street, there will be significant traffic noise coming from the streets outside, especially at night. The gym and pool area is very nice and maintained in good condition. There is a nice park just outside, very convenient for walking/kids area. There is a small supermarket at ground floor level, also very convenient.
Ubora Tower 1
A
AnonymousVery nice building with a big park next to it
Eywa
M
Mohamad K.The definition of Luxury Life. No words can describe this Iconic building
Elite Business Bay Residence
A
AnonymousBest building in Business Bay. New and great amenities.
Scala Tower
A
AnonymousI love the building, the community and the area. Very good for my family too
Damac Maison Canal Views
A
AnonymousVery good and convenient place
Ask Local Experts
Get answers from top agents in
Business Bay
Question
Do you think Business Bay will outperform other Dubai areas in the next 6 months?
I'm considering investing in Business Bay.
Answer
6 days
Business Bay will always be the Central Hub for Offices and Mainland Ded Companies as its near to Downtown and established business hub. Now its the right time to enter in secondary Ready Commercial Properties as commercial demand will always be there. It can outperform your current investment in next 6-12months realistic timeline.
Answer
6 days
This question dose not need validation at all the best area in terms of Business and residence the only area connected to major highways Al khail and Sheik Zayed Road 10 minutes to Dubai mall views of Burj Khalif and Dubai water canal shuttle Busses and what more do yiu need to select an area to live in
Answer
6 days
No, I dont think so, Business Bay's demand always remains the same because mostly people are working and coming for work to business bay.
Question
Where to live if i work in Business Bay?
I just started a new job in Business Bay and need to find somewhere to rent. Any recommendations on where to live for a decent commute without overpaying?
Answer
6 days
Bay Avenue near by to Business Bay Metro is reasonable and highly recommended for a decent Commute without over paying. And also Al Quoz al Khail Gate is a Good Family Area to live in and commute easily to Business Bay in 15-20mins if Bus or Shuttles. 10-15mins in car.
Answer
6 days
The options are various according to the Budget starting from Al Jaddaf if a family Sobha if family and you are looking at schools and hospitals last but not the least Business Bay and Azizi Rivera optional if you are single and can travel by own means
Answer
6 days
You can stay on marasi drive ...Opposite to canal...it will be easier for you to get your work on daily basis.
Question
Where can I live in Business Bay to avoid rush hour traffic?
I commute daily and traffic is a real concern for me. Are there specific parts of Business Bay where it's easier to get in and out without getting stuck?
Answer
6 days
Other Side of the Marasi Drive Canal in Business bay is a very Calm and easy going area you dont face a hard traffic in high time its easy to entry exit and reasonable.
Answer
6 days
The other side of the Canal starting from RBC tower by Damac upto Elite Business Bay maybe in the years to come it may get crowded due to Business Bay busstation and upcoming projects from Damac and Ellington they are way away from the business district and the golden triangle
Answer
6 days
To avoid the the traffic...you can stay opposite to canal side. I think that road called as marasi drive.
Question
Where can I find an affordable coworking space in Business Bay?
I work independently and need a proper desk setup in Business Bay.
Answer
a month
If you're looking for an affordable coworking space in Business Bay, I'd suggest checking out Regus, Letswork, and The Co-Spaces. They offer flexible options such as hot desks, dedicated desks, and monthly memberships. Prices usually start from around AED 500–1,200 per month depending on the package and facilities. Many locations also provide high-speed internet, meeting rooms, free coffee, and easy access to the Business Bay Metro. It's a good idea to visit a few spaces and compare the atmosphere, networking opportunities, and membership costs before deciding.
Answer
a month
JetSet Business Center At Prime tower - HighFloor,Amazing View, private Spacious Cabins with Open Coworking Space area option aswell can choose Monthly or yearly base Unbox Business Center at Bay Square Amazing Community with lots of cafes and spacious Coworking space
Property types in Business Bay
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.
The apartments for rent in Business Bay are extremely popular due to their central location and proximity to metro stations and workplaces, which is ideal for people working in Business Bay or the surrounding areas.
Moreover, the apartments for sale in Business Bay attract investors for their prime location and high rental yields, contributing to the area’s evergreen popularity.
Top Buildings in Business Bay
- Aykon city
- Executive Towers
- Peninsula
- DAMAC Towers by Paramount
Search Trends in Business Bay
Home buyers and tenants looking for properties in Business Bay frequently searched for these amenities on Property Finder:
- Balcony
- Shared Pool
- Shared gym
- Maid's room
- View of water
Desired Perks
And they were looking for these perks:
- Apartments near the metro
- Brand new properties
- Chiller-free apartments
- Ready to move units
Business Bay has plenty of new projects that will dot its skyline. These are mainly high-rise towers offering studios, 1, 2, 3 and 4-bedroom apartments as well as penthouses. Expect nothing short of extraordinary views of the glimmering skyline. Some of the most popular off-plan projects in Business Bay are Regalia, Binghatti Skyrise, and Safa Two.
Being a major business hub, the area is full of commercial properties. Offices for rent in Business Bay are extremely popular options, as are the offices for sale in Business Bay. You’ll also find plenty of other types of commercial properties for rent and sale such as business centres, shops, retail spaces, full floors and half floors. Explore the commercial properties for rent in Business Bay and commercial properties for sale in Business Bay to set up or expand your business.
Frequently asked questions
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.
The Business Bay is on the Red Line of the Dubai Metro.
Downtown Dubai is the tourist center of Dubai, offering a luxurious lifestyle with upscale shopping and dining options. Business Bay is also luxurious but is more business-focused, with numerous office buildings located in the area.
Business Bay is more expensive than other areas in Dubai due to its central location and upscale lifestyle.
Business Bay is 17.4 km away from the Dubai International Airport and the journey takes 15 minutes via Al Khail Rd/D68.
Business Bay is very walkable as it’s home to the Dubai Water Canal, a promenade where people usually walk and jog.
Yes, Business Bay is a free zone, which makes it ideal for business setup.
Yes, Business Bay is only 11 minutes away from Burj Khalifa. Its central location near Downtown Dubai makes it a great place for tourists to stay at.
Business Bay has some of the best hotels in Dubai, many of which overlook Burj Khalifa and Downtown Dubai or the Arabian Gulf. It also has plenty of residential buildings which provide a good work-life balance for people working in the area and want to live near their offices.
There are no beaches in Business Bay, but there are a couple of nearby ones such as Kite Beach, J1 Beach, and Port de La Mer.