Your guide to properties for rent in Executive Bay
Executive Bay is a twin-tower development in the heart of Business Bay, Dubai. Developed by DAMAC Properties and completed in 2014, the project was designed by Engineering Consortium Consulting Engineers, with construction starting in 2008. The complex stands along the Dubai Water Canal and Dubai Creek, putting residents at the center of one of the city's busiest and most recognized districts.
The development is made up of two towers: Tower A is a 19-floor residential building, and Tower B is a 21-floor commercial building. Three basement levels below both towers are dedicated to secure parking. The ground floor hosts retail shops, supermarkets, and eateries. Residential units come in three configurations: studios, one-bedroom apartments, and two-bedroom apartments.
Market overview
Properties for rent in Executive Bay are priced well below the national average. Annual rents across the complex average around 95,000 AED, compared to a national average of 271,000 AED, which makes it a competitive option for renters in Dubai.
Studios rent for an average of 75,000 AED per year, one-bedroom apartments for around 97,000 AED, and two-bedroom apartments for approximately 141,000 AED. Short-term options are also available, with daily rates averaging 780 AED and monthly rates near 12,000 AED.
In terms of size, the average unit in the complex covers approximately 870 sq ft. Studios range from 420 to 470 sq ft, one-bedroom apartments cover 680 to 750 sq ft, and two-bedroom apartments span 1,050 to 1,350 sq ft. The residential tower offers studios, one-bedroom, and two-bedroom units only. Three and four-bedroom apartments are not available in this development.
Units in Executive Bay come with modern fixtures and contemporary finishes. Most apartments feature fitted kitchens and bathrooms, integrated wardrobes, private balconies with views of the canal or city skyline, central air conditioning, and fast elevators.
Average prices and sizes of apartments for rent in Executive Bay
Rental prices in Executive Bay vary by unit type, with options to suit a range of budgets. Here is a breakdown of the average annual rent and size for each apartment type:
Why rent an apartment in Executive Bay?
Scenic waterfront lifestyle
Living beside the canal puts water views directly from your balcony. The promenade is steps away and offers a quieter setting within the city, whether for a morning run or an evening walk along the water.
Strong community appeal
The complex sits among luxury hotels, dining venues, and retail stores. Properties for rent in Executive Bay draw young professionals, couples, and small families who want a central location with an energetic, cosmopolitan character.
Exceptional walkability
Supermarkets, pharmacies, salons, and cafes are all on the ground floor of the building. Most daily errands can be handled on foot, a genuine advantage in a city where most residents depend on a car.
Access to major business hubs
Tower B houses commercial offices, and both Downtown Dubai and DIFC are around 10 minutes away by car. For working professionals, the commute from Executive Bay is among the shortest the city offers.
Amenities in Executive Bay
- Large temperature-controlled swimming pool
- Fully equipped gymnasium
- Sauna, steam rooms, and a Jacuzzi
- Children's play area and dedicated daycare centre
- Landscaped gardens and community outdoor spaces
- 24-hour security, CCTV, and front desk concierge
- Multiple fast elevators and dedicated service elevators
- Covered parking allocated to all residential units
- Ground floor retail shops, supermarkets, and restaurants
- Beauty salons for both men and women on the premises
Location and transportation
Executive Bay sits on Marasi Drive and Al A'amal Street in Business Bay, directly beside the Dubai Water Canal. The surrounding area is defined by its mix of towers, hotels, and waterfront promenades. Cultural and leisure destinations are close at hand, including the Dubai Opera, the Burj Khalifa, and the Dubai Mall.
Residents who drive benefit from quick access to Sheikh Zayed Road (E11) and Al Khail Road (E44), two of Dubai's primary road networks, both reachable directly from the complex.
For public transport, the Business Bay Metro Station on the Red Line is approximately a five-minute drive. Several bus stops are within walking distance, including the XL Tower stop, the Avanti Tower stop, and the Clover Bay Tower stop, all within 8-12 minutes on foot.
Travel times to key destinations are favorable. Downtown Dubai and DIFC are roughly 10 minutes away, Palm Jumeirah around 20 minutes, and the Burj Al Arab approximately 18 minutes. Dubai International Airport (DXB) is about 18 minutes away, convenient for frequent flyers.
Pros and cons of renting an apartment in Executive Bay
Pros of Properties for rent in Executive Bay
- Central location with direct access to Downtown Dubai, DIFC, and major highways, including Sheikh Zayed Road
- Strong building amenities, including a gym, pool, and on-site retail
- Canal and city skyline views from residential balconies
- Highly walkable, with cafes, restaurants, pharmacies, and supermarkets at street level
Cons of Properties for rent in Executive Bay
- Traffic congestion during peak hours is a regular challenge in Business Bay
- The largest unit type is two bedrooms, which may not suit larger families
- Noise levels can be higher given the constant activity of a central commercial district
FAQs about properties for rent in Executive Bay
What are the average rental prices?
Studios average 75,000 AED per year. One-bedroom apartments rent for around 97,000 AED annually, and two-bedroom apartments average 141,000 AED.
Are furnished and unfurnished apartments available?
Both options are available. All units come with modern fixtures, and many include fitted kitchen cabinets and integrated wardrobes. Furnished apartments for rent, move-in-ready apartments, are also on the market.
Is the building pet-friendly?
Pet policies depend on individual landlord agreements. The area is generally accommodating to pet owners, and there is a dedicated pet shop, Petzania, located at street level within the building.
What public transport options are available?
The Business Bay Metro Station, operating on the Red Line, is about five minutes from the complex by car. The XL Tower and Clover Bay Tower bus stops are both within walking distance of the main entrance.
Do rental prices include district cooling and maintenance charges?
District cooling is typically charged separately yearly. The building's cooling provider is Empower. Standard maintenance and round-the-clock security are handled by building management.