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Business Bay
DubaiCorrectionA mixed commercial and residential district next to Downtown Dubai along the Dubai Water Canal, with dense high-rise apartments and offices and a steady pipeline of off-plan launches.
1,291 residential sales in the last three months (-72% year on year). Median price AED 2,151 per sq ft (AED 23,157/m²); the mix-adjusted price index is -5.1% year on year and -2.7% over three months. 36% of sales are off-plan. Indicative gross yield 5.0%. Market phase: Correction (stress 41.9/100).
| Median price (3 months) | AED 2,151 / sq ft (AED 23,157 / m²) |
|---|---|
| Mix-adjusted price index, year on year | -5.1% |
| Mix-adjusted price index, 3 months | -2.7% |
| Residential sales (3 months) | 1,291 (-72% y/y) |
| Off-plan share | 36% |
| Gross yield (indicative) | 5.0% |
| Market phase / stress | Correction / 41.9 |
| Price band | Mid-market |
By bedrooms (last 12 months)
| Type | Sales | AED / sq ft | Median price (AED) | Size (sq ft) |
|---|---|---|---|---|
| Studio | 1,358 | 2,503 | 1,131,000 | 452 |
| 1BR | 2,505 | 2,432 | 2,000,000 | 829 |
| 2BR | 1,445 | 2,424 | 3,029,410 | 1,335 |
| 3BR | 352 | 2,404 | 4,700,000 | 1,948 |
| 4BR | 58 | 2,406 | 7,496,584 | 4,230 |
| 5BR+ | 14 | 3,795 | 28,753,790 | 7,212 |
Rents (Ejari registrations, 2026-05〜2026-10)
6,291 contracts · median annual rent AED 85,000 · AED 109 per sq ft a year
Upcoming supply (DLD-registered project completions)
14,726 units due within 12 months and 0 in 12–24 months (11 projects) — the next 12 months equal 2.9× annual sales. Completion dates often slip.
Data as of 2026-10-10. The mix-adjusted index compares like-for-like sales (same project and unit type) month to month, so it is not moved by changes in what happens to sell.
More areas in Dubai
Dubai South · Jumeirah Village Circle · Dubailand (City of Arabia) · Jabal Ali Industrial Second · Downtown Jebel Ali · Dubailand Residence Complex · Majan · Damac Hills · Jumeirah Lake Towers · Dubai Creek Harbour · Arjan · Dubai Marina · DAMAC Hills 2 (Akoya Oxygen) · Dubai Production City · Jebel Ali Village / Discovery Gardens · Dubai Hills Estate · Downtown Dubai · Dubai Sports City · Al Furjan · Dubai Islands · Jumeirah Village Triangle · Meydan One · Dubai Studio City · International City (Phase 1)
Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice.