Your guide to finding a studio for rent in Business Bay
Business Bay is Dubai's answer to Manhattan, where corporate energy meets upscale living along the Dubai Canal. This district blends residential towers with commercial skyscrapers, creating a skyline that functions as both a business hub and a residential destination.
Located between Sheikh Zayed Road and Al Khail Road, the area sits minutes from Downtown Dubai and the Burj Khalifa. The 3.2 km canal promenade offers residents a place to jog, cycle, or walk after work, balancing the high-rise density with open waterfront space.
A Business Bay studio for rent attracts young professionals, freelancers, and couples who want to live centrally without paying Downtown’s premium prices. The environment is walkable, with cafes, gyms, and restaurants at street level. Whether you need a furnished apartment for rent in Business Bay or a basic unfurnished space, the district's 240+ buildings provide options across different budgets and lifestyle preferences.
Market overview of the studio apartments for rent in Business Bay
A studio for rent in Business Bay typically costs between AED 5,900 and AED 13,000 per month, depending on the building's luxury status, furnishings, and views. The annual average sits around AED 85,000, which aligns with Dubai's competitive rental market for central locations. Units range from 370 sq ft to 610 sq ft, with most studios averaging 470 sq ft.
Business Bay studio for rent options come with modern finishes, floor-to-ceiling windows, and access to building amenities like swimming pools, gyms, and 24-hour security. Many towers offer furnished units with hotel-style services, while others provide unfurnished spaces for longer-term renters.
Luxury serviced buildings like UPSIDE Living and Marquise Square Tower command premium rates due to Burj Khalifa views and concierge services. Mid-range options in Elite Business Bay Residence or AG Tower offer competitive pricing for tenants prioritizing value. Budget-friendly towers like Westburry Tower 2 provide accessible entry points with rents below the district average.
Demand stays strong throughout the year, driven by the area's proximity to business hubs and lifestyle amenities. Chiller-free buildings often attract tenants willing to pay slightly more upfront to save on utility costs.
Why rent a studio in Business Bay?
Central location
The district sits minutes from the Burj Khalifa, Downtown Dubai, and major corporate offices, reducing commute times significantly.
Waterfront living
Direct access to the Dubai Canal promenade gives residents space to exercise, relax, and enjoy outdoor dining along the water.
Modern apartments
Most buildings were completed in the last decade, offering contemporary finishes, smart home features, and well-maintained facilities.
Walkable community
Daily essentials, cafes, gyms, and entertainment venues are within walking distance, making it easy to run errands or socialize without a car.
Vibrant atmosphere
The mix of restaurants, lounges, and nightlife creates an energetic environment suited to those who enjoy an active social scene.
Top locations for Renting a Studio in Business Bay
Executive Towers
Executive Towers consists of 12 connected buildings with retail and dining outlets on the podium level. Annual rent in Executive Towers ranges from AED 65,000 to AED 85,000 for studios averaging 450 sq ft.
The development sits directly next to Business Bay Metro Station, making it ideal for daily commuters. The vibe is family-oriented and practical, with Spinneys supermarket, gyms, and clinics inside the complex. This suits professionals who value convenience and metro access over waterfront views.
DAMAC Maison Privé
This twin-tower development offers resort-style living along the canal. A studio flat in Business Bay at DAMAC Maison Privé typically rents for AED 90,000 to AED 110,000 annually, with units spanning 400 to 500 sq ft.
Studios come fully furnished with high-end decor and hotel services. Residents access a 24-hour restaurant, health club, and pool overlooking the water. This location appeals to those seeking a turnkey living experience with hospitality standards.
Bayz by Danube
Located on Marasi Drive, Bayz by Danube offers functional studios with swift access to Sheikh Zayed Road and Ras Al Khor Road. Annual rent in Bayz by Danube ranges from AED 70,000 to AED 90,000 for units averaging 420 sq ft.
The tower attracts tenants working in nearby design or business districts who prioritize accessibility. Studios feature modern layouts and practical amenities without the premium pricing of waterfront buildings.
Peninsula
Peninsula operates as a master-planned community within Business Bay, often described as an island destination. Studios in Peninsula One or Peninsula Five rent for AED 80,000 to AED 100,000 annually, averaging 450 sq ft.
The waterfront location provides immediate access to the canal promenade and new retail spots. Modern layouts and proximity to leisure facilities make this suitable for those wanting a distinct neighborhood feel within the larger district.
SLS Dubai Hotel & Residences
SLS Dubai delivers ultra-luxury with striking architecture and premium services. Studio apartments for rent in Business Bay at SLS range from AED 120,000 to AED 150,000 annually, with units around 500 sq ft.
Studios here function as hotel apartments with lavish interiors and access to rooftop infinity pools. Unobstructed Burj Khalifa views command the premium pricing. This suits high-earning professionals seeking luxury living with hotel amenities.
Who should rent a studio in Business Bay?
Young professionals and expats
Ideal for those working in nearby corporate hubs who want to minimize commute times.
Freelancers and remote workers
Central location with cafes and coworking spaces makes this area practical for flexible work arrangements.
Couples
Suitable for pairs seeking a vibrant urban lifestyle with entertainment and dining options nearby.
Short-term contract workers
Furnished hotel apartments provide turnkey solutions for those on temporary assignments.
Amenities and lifestyle
Dining and nightlife
- Bay Avenue Mall (casual dining and cafes)
- JW Marriott Marquis (Fi'lia restaurant)
- SLS Dubai (Carna restaurant)
- BLU Dubai (lounge)
- 1OAK (nightclub)
Shopping and supermarkets
- West Zone Fresh Supermarket (24/7)
- Spinneys (Executive Towers)
- Al Maya Supermarket
- Bay Avenue (community mall)
- Dubai Mall (10 minutes away)
Fitness and wellness
- Dubai Canal promenade (3.2 km for running and cycling)
- Belle Femme (beauty salon, Bay Square)
- Vernie Beauty Salon
- Building gyms (available in most towers)
Nurseries
- Maple Bear Nursery (Burlington Tower)
- Numu Nursery (Canal Bay)
- Blossom Business Bay Nursery
Healthcare
- Emirates Hospitals Clinics (Bay Avenue)
- Aster Clinic (Executive Towers)
Location and transportation
Business Bay occupies a strategic position between Sheikh Zayed Road (E11) and Al Khail Road (E44), providing dual access points that help navigate Dubai's traffic patterns.
The Business Bay Metro Station on the Red Line serves the district directly. Buildings further from the metro connect via RTA bus routes F19A, F19B, F41, F14, and F20, which circulate through the community and link to the metro network.
Commute times to key destinations remain short. Downtown Dubai sits 10 minutes away, Dubai International Airport takes 15 to 16 minutes to reach, and Dubai Design District (D3) is 11 minutes from most towers. Jumeirah Beach is 14 minutes away for those seeking weekend beach access.
Nearby communities include Downtown Dubai, DIFC, and Dubai Marina. The Burj Khalifa and Dubai Mall anchor the northern edge of the district.
Pros and cons of renting a studio in Business Bay
Pros
- Minutes from the Burj Khalifa and major corporate offices
- Modern buildings with contemporary finishes and amenities
- Dubai Canal promenade access for outdoor activities
- Direct metro access and proximity to major highways
- Diverse restaurants, nightlife, and retail options
Cons
- Higher rents compared to suburban areas like JVC or Silicon Oasis
- Traffic congestion during rush hours and evenings
- Some pockets still have active construction sites
- No beach access, nearest beach requires a drive
FAQs about studio apartments for rent in Business Bay
Are studio apartments in Business Bay affordable?
Business Bay sits in the mid to high range for Dubai rentals due to its central location and modern inventory. Prices vary by building tier and furnishings.
Are furnished studios available in Business Bay?
Yes, many buildings offer fully furnished units, especially hotel-apartment developments like DAMAC Maison and SLS Dubai, providing move-in ready options.
Is Business Bay pet-friendly?
Generally yes. Many buildings allow pets, and the canal promenade is popular for dog walking. Individual building policies should be confirmed before signing.
What is the closest metro station to Business Bay?
The Business Bay Metro Station on the Red Line serves the district. Burj Khalifa/Dubai Mall Metro Station is also accessible within 10 minutes from the northern area.
How walkable is Business Bay?
The area is highly walkable, particularly along the Dubai Water Canal promenade and Bay Avenue retail strip, where residents access shops and restaurants on foot.