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Dubai area data

Business Bay: property prices and DLD transactions

Business Bay: median AED 2,491 per sq ft from 8,215 registered sales in the 12 months to September 2026. Median annual rent AED 95,000, gross rental yield 6.04%.

Source: Dubai Land Department open data, as of 23 Oct 2026; calculated by Zolia.

Data to 23 Oct 2026

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
8,215
−39.4% vs previous 12 months
Median price per sq ft (excluding land plots)
AED 2,491 per sq ft
+5.3% vs previous 12 months · Median sale price AED 2.2m
Median annual rent
AED 95,000
18,805 registered rent contracts
Gross rental yield
6.04%

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price trend in Business Bay

MonthSalesMedian per sq ftRent contracts
Oct 20241,111AED 2,312 per sq ft1,869
Nov 2024788AED 2,198 per sq ft1,628
Dec 20241,378AED 2,279 per sq ft1,259
Jan 2025731AED 2,263 per sq ft1,265
Feb 2025858AED 2,180 per sq ft1,430
Mar 20251,109AED 2,387 per sq ft1,276
Apr 20251,159AED 2,243 per sq ft1,261
May 2025997AED 2,260 per sq ft1,242
Jun 2025926AED 2,392 per sq ft1,086
Jul 20251,419AED 2,413 per sq ft1,277
Aug 20251,627AED 2,631 per sq ft1,648
Sep 20251,458AED 2,682 per sq ft2,121
Oct 20251,150AED 2,424 per sq ft2,212
Nov 20251,034AED 2,527 per sq ft1,754
Dec 20251,151AED 2,601 per sq ft1,474
Jan 2026962AED 2,741 per sq ft1,391
Feb 2026746AED 2,455 per sq ft1,638
Mar 2026486AED 2,577 per sq ft1,130
Apr 2026554AED 2,708 per sq ft932
May 2026400AED 2,467 per sq ft1,152
Jun 2026472AED 2,403 per sq ft1,235
Jul 2026429AED 2,116 per sq ft1,587
Aug 2026400AED 2,115 per sq ft1,890
Sep 2026431AED 2,092 per sq ft2,410

Sales per calendar year

YearSalesMedian per sq ft
20064AED 1,500 per sq ft
2007under 3
20083AED 1,460 per sq ft
20094,699AED 1,359 per sq ft
20102,564AED 1,150 per sq ft
20111,936AED 1,111 per sq ft
20123,149AED 1,159 per sq ft
20135,676AED 1,276 per sq ft
20146,403AED 1,393 per sq ft
20153,126AED 1,365 per sq ft
20162,935AED 1,429 per sq ft
20173,004AED 1,441 per sq ft
20182,677AED 1,487 per sq ft
20192,387AED 1,416 per sq ft
20202,312AED 1,332 per sq ft
20215,007AED 1,369 per sq ft
20229,936AED 1,769 per sq ft
20239,907AED 2,021 per sq ft
202411,769AED 2,248 per sq ft
202513,619AED 2,446 per sq ft

How the yearly figures are checked

Figures based on fewer than 3 records are not shown.

Off-plan and ready sales in Business Bay

Off-plan share of sales: 56%

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan4,597AED 2,794 per sq ftAED 2,463 – 3,402
Ready3,618AED 1,894 per sq ftAED 1,548 – 2,384

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

Rents and rental yield in Business Bay

Registered rent contracts
18,805
Median annual rent
AED 95,000
Middle range of registered annual rents: AED 73,500 – AED 128,000
Median annual rent per sq ft
AED 112 per sq ft
Gross rental yield
6.04%

New contracts and renewals

RegistrationRent contractsMedian annual rentMedian rent per sq ft
New contracts11,094AED 92,000AED 122 per sq ft
Renewals7,711AED 99,999AED 97 per sq ft

Registered rent contracts by registration type: new contracts and renewals of existing contracts.

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in Business Bay

Unit typeSalesMedian priceMedian per sq ftRent contractsMedian annual rentMedian rent per sq ftGross yield (ready units)
Studio1,491AED 1.2mAED 2,502 per sq ft4,417AED 65,000AED 138 per sq ft6.71%
1 bedroom2,794AED 2mAED 2,441 per sq ft7,838AED 86,000AED 115 per sq ft6.15%
2 bedrooms1,590AED 3mAED 2,409 per sq ft4,939AED 125,000AED 96 per sq ft5.50%
3 bedrooms381AED 4.8mAED 2,427 per sq ft1,459AED 170,000AED 88 per sq ft5.15%
4 bedrooms70AED 7.6mAED 2,558 per sq ft121AED 300,000AED 80 per sq ft5.38%
5 bedrooms or more18AED 30.1mAED 3,616 per sq ft10AED 945,750AED 99 per sq ftunder 30 sales (7)

Without a bedroom count in the DLD data: 1,871 sales and 21 rent contracts (villas, whole buildings, land, offices and shops). They count in all figures above and in the table by property type.

Gross yield by unit type: median annual rent per sq ft divided by the median price per sq ft of ready properties. The price columns also include off-plan sales, so dividing them by the rent gives a different number.

Figures based on fewer than 3 records are not shown. Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Sales and rents by property type in Business Bay

Property typeSalesMedian priceMedian per sq ftRent contractsMedian annual rent
Apartments6,346AED 2mAED 2,467 per sq ft18,800AED 95,000
Villas and townhousesunder 3 salesunder 3 rent contracts
Whole buildingsunder 3 salesresidential rents only
Land plotsunder 3 salesresidential rents only
Offices, shops and hotel units1,867AED 3mAED 2,870 per sq ftresidential rents only
Other property typesunder 3 salesresidential rents only

Land plots have their own price per sq ft in this table; the other prices per sq ft on this page exclude them.

Property types as registered in the Dubai Land Department data. Rents are counted for residential use only, so whole buildings, land plots and commercial units have no rent figures here. Figures based on fewer than 3 records are not shown.

Sales and rents by time range and property type in Business Bay

Time rangeProperty typeSalesMedian priceMedian per sq ftRent contractsMedian annual rent
Last 3 monthsAll property types1,260AED 1.8mAED 2,108 per sq ft5,887AED 85,000
Last 3 monthsApartments931AED 1.7mAED 2,069 per sq ft5,886AED 85,000
Last 6 monthsAll property types2,686AED 2.1mAED 2,345 per sq ft9,206AED 90,000
Last 6 monthsApartments1,840AED 1.9mAED 2,217 per sq ft9,205AED 90,000
Last 12 monthsApartments6,346AED 2mAED 2,467 per sq ft18,800AED 95,000

Not enough data: Last 3 months – Villas and townhouses; Last 6 months – Villas and townhouses; Last 12 months – Villas and townhouses (under 3 sales and under 3 rent contracts each).

The time ranges are the last 3, 6 and 12 full months of the current period. Apartments are registered flats (rents: flats and studios), villas include townhouses. A figure is shown only above the minimum number of records; not a valuation.

Mortgage registrations in Business Bay

Mortgage registrations
2,012

Registered mortgage transactions only, without interest rates and without lenders.

Nearby areas

Around Business Bay

Official open data for this area (population, service charges, valuations, schools, buildings and leases), each with its source and date; figures below the minimum count are not shown.

Population (estimate, latest year)

Latest figure from the source: 2025

Total
41,055

Data as of 22 Oct 2026 · Source: Dubai Data and Statistics Establishment (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Service charges (median rate per sq ft, latest budget year)

Latest figure from the source: 2026

Total
17.16 AED/sq ft
Retail16.1 AED/sq ft
Residential19.93 AED/sq ft
Offices17.67 AED/sq ft
Mixed10.97 AED/sq ft
Stores7.46 AED/sq ft
Hospitality0.57 AED/sq ft
Commercial8.84 AED/sq ft

Data as of 22 Sep 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Valuations (median value per area unit, 12 months)

Oct 2025 – Oct 2026

Total
AED 1,870 per sq ft
UnitAED 1,819 per sq ft
LandAED 4,700 per sq ft

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Buildings by status (municipality register)

Total
1,146
New892
Permit Delivered219
Building Cancelled19
Expired14

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Building height (median, municipality register)

Total
92.6 m

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Floors per building (median, land register)

Total
24

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Parking spaces per building (median, land register)

Total
370

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Construction projects by status

Total
622
Open414
Closed208

Data as of 25 Oct 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Land parcels by land type (register)

Total
498
Commercial310
Open Space104
Utility31
Public Facilities18
Public Facility12
Transport6
Facilities5
Industrial4

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Most active projects in Business Bay

ProjectSales
Downtown Residences364
Al Habtoor Tower216

Project names from the registered transactions; developer names are not shown.

3 project names are held back for review and not shown.

Business Bay: names and DLD area

الخليج التجاري

DLD name Business Bay / الخليج التجارى

Registered sales, rents and prices for Business Bay from Dubai Land Department open data, where the area is registered as Business Bay.

All area names and DLD names

Market reports

Questions about Business Bay

What is the median price per sq ft in Business Bay?
The median price of registered sales in Business Bay was AED 2,491 per sq ft in Oct 2025 – Sep 2026.
What is the gross rental yield in Business Bay?
The gross rental yield of ready properties in Business Bay was 6.04% in Oct 2025 – Sep 2026, before costs and vacancy.
How many sales were registered in Business Bay?
8,215 sales were registered in Business Bay in Oct 2025 – Sep 2026.
What share of sales in Business Bay was off-plan?
56% of the registered sales in Business Bay in Oct 2025 – Sep 2026 were off-plan.
What is the median rent for a 1 bedroom in Business Bay?
The median annual rent of registered 1 bedroom contracts in Business Bay was AED 86,000 in Oct 2025 – Sep 2026.
What is Business Bay called in the Dubai Land Department data?
The Dubai Land Department registers Business Bay as Business Bay (الخليج التجارى).

Method and source

All Dubai areasAll area names and DLD namesHow these figures are calculated

Figures based on fewer than 3 records are not shown.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Data and Statistics Establishment (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai
  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae
  • Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

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