Updated July 2026 · DLD registered data
Business Bay Property Market
Downtown-adjacent mixed-use canal district — apartments at a discount to Downtown with strong price momentum.
Transacted prices up 9.8% YoY on 1,265 sales in 90 days
Median sale price
AED 2.07M
DLD transacted, last 90 days
Transacted price / sqft
AED 2,208
Registered deals, not asking prices
Sales in 90 days
1,265
vs 1,406 same period last year
Price change YoY
+9.8%
DLD transacted medians
Median annual rent
AED 98,088
-1.9% YoY
Gross rental yield
4.7%
~4.3% at asking prices
Building occupancy
89%
median, 80 buildings sampled
Live listings
2,237
across 586 agencies
What the transaction data says
Business Bay is a deep, liquid market: 1,265 DLD sales completed in the last 90 days at a median of AED 2.07M (AED 2,208/sqft). Registered Business Bay prices have risen a measured 9.8% year on year — appreciation without overheating. Deal count is stable year on year (1,265 vs 1,406), the signature of an established market.
On the rental side, 1,306 tenancy contracts registered in the window, the median annual rent runs at AED 98,088 (AED 106/sqft). Unusually, new contracts (AED 85,000) are printing below renewals (AED 100,000) — sitting tenants renewed near peak while fresh stock is being let more keenly. Business Bay rents are broadly flat year on year (-1.9%). At a 4.7% gross yield, compressing to roughly 4.3% at today's asking prices, income takes a back seat in Business Bay — buyers are paying for scarcity and capital appreciation rather than cash flow.
Live asking medians actually sit 7.1% below recent transacted values — usually a mix effect (smaller units listed than sold), and worth a per-sqft check before reading it as a discount. Median building occupancy is 89% across 80 sampled buildings, and stable — homes here are lived in, not parked. There are 2,237 live listings on the portals right now marketed by 586 different agencies, against a register of 1,265 closed sales in 90 days.
Live asking prices by bedroom
Median asking prices from 24 live portal listings sampled July 2026 — compare against the transacted AED 2,208/sqft above before offering.
| Bedrooms | Median asking price | Asking AED/sqft | Listings |
|---|---|---|---|
| 1 BR | AED 1.75M | AED 2,173 | 9 |
| 2 BR | AED 2.45M | AED 2,023 | 10 |
Investor lens
4.7%
gross rental yield in Business Bay — roughly 4.3% if you buy at today's asking prices.
grossYield = DLD median annual rent vs DLD transacted median price (90-day window); yieldOnAsk = DLD new-contract rent vs live asking median
Recent comparables in Business Bay
A sample of recent sale and rental records from the snapshot — ask us for a full comparable report on any specific building.
| Segment | Type | Beds | Size (sqft) | Price | Date |
|---|---|---|---|---|---|
| sale | apartment | 0 | 420 | AED 1,199,000 | 2026-07-02 |
| sale | apartment | 1 | 762 | AED 1,725,000 | 2026-07-02 |
| sale | apartment | 2 | 923 | AED 2,395,000 | 2026-07-02 |
| sale | apartment | 2 | 1,167 | AED 2,450,000 | 2026-07-02 |
| sale | apartment | 2 | 1,166 | AED 2,300,000 | 2026-07-02 |
| sale | apartment | 1 | 642 | AED 1,395,000 | 2026-07-02 |
| rent | office | — | 1,569 | AED 564,000/yr | 2026-06-26 |
| rent | office | — | 1,446 | AED 260,000/yr | 2026-06-26 |
Business Bay: your questions, answered from the data
What is the average property price in Business Bay?
As of July 2026, the median transacted sale price in Business Bay is AED 2.07M — AED 2,208 per sqft — based on 1,265 Dubai Land Department registered sales over the last 90 days. Live asking prices are actually lower, with a median of AED 2.00M — often a mix effect (smaller units listed than sold) rather than a genuine discount.
What rental yield can I expect in Business Bay?
Business Bay currently shows a gross rental yield of about 4.7%, calculated from the DLD median annual rent of AED 98,088 against the transacted median sale price of AED 2.07M over the same 90-day window. Buying at today's asking prices, the equivalent figure is around 4.3%.
How many properties sold in Business Bay recently?
1,265 sales were registered with the DLD in Business Bay over the last 90 days, compared with 1,406 in the same period a year earlier. The rental register added 1,306 tenancy contracts in the same window.
Are property prices in Business Bay rising or falling?
Rising. DLD transacted prices in Business Bay are up 9.8% year on year as of July 2026, with the median sale at AED 2.07M.
How much does it cost to rent in Business Bay?
The median annual rent registered in Business Bay is AED 98,088; new contracts (as opposed to renewals) are being signed at a median of AED 85,000, with rents down 1.9% year on year.
Off-plan launches in and around Business Bay
From our tracked developer pipeline — new supply that will shape this market at handover.
Buyers here also compare
The communities closest to Business Bay on transacted AED/sqft.
About this data
Transacted prices, rents, yields, transaction counts and occupancy from DLD (Dubai Land Department) data via the dld-market service, 90-day window ending 2026-07-02. Asking prices and comps from live Property Finder / Bayut listings via the listings service, scraped 2026-07-02. Snapshot refreshed monthly by the data-harvest agent.
What this snapshot can't tell you (yet):
- Rent stats not broken down by bedroom (DLD aggregate only)
- Service charge data unavailable
- Residential rent comps rows thin this pass (portal snapshot served mostly commercial office rents)
Looking to buy in Business Bay?
Tell us your requirements and a RE/MAX Hub specialist will send you a shortlist priced against the transacted comparables above — not against asking prices.