Dubai area market data · DLD-backed · 17,019 transactions

Business Bay Property Prices & Market Data

Historical DLD transaction prices, comparable sales evidence, and market trends for Business Bay.

17,019

Transactions

AED 18,236

Median /sqm

AED 1.2M

Median price

100%

Apartments

Business Bay market snapshot

Transactions

17,019

Transaction value

27.7B AED

Median price

18,236 AED/sqm

Middle price range

14,058–22,128 AED/sqm

P25 to P75

Nearby signals: Buj Khalifa Dubai Mall Metro Station · Dubai Mall · Downtown Dubai

Business Bay property market overview

Business Bay has registered 17,019 sales transactions in the historical DLD dataset, with a combined transaction value of 27.7B AED. That volume gives agents working buyers and sellers in Business Bay a pool of comparable sales evidence to support pricing conversations.

The median transaction price of 18,236 AED/sqm spans all residential categories and conceals meaningful variation by building, floor, and unit type. The middle of the distribution — the 25th to 75th percentile — runs from 14,058 to 22,128 AED/sqm, so individual units can trade well above or below the headline median.

Location signals for Business Bay include Buj Khalifa Dubai Mall Metro Station, Dubai Mall, Downtown Dubai. Proximity to transit and amenities is one factor agents weigh when explaining price differences between otherwise comparable units.

This data covers sales transactions only. It does not include rental transactions, Ejari registrations, or mortgage registrations. The dataset ends 2023-03-17; the most recent year is a partial year and should not be annualised.

Business Bay property prices by type

The table below breaks down historical median prices and AED/sqm by property type and bedroom configuration. Figures are the mid-point of the distribution, not a valuation range.

Property typeTransactionsMedian AED/sqmMedian pricePrice range
Apartment — Studio4,912AED 20,600AED 835,000AED 570K–1.4M
Apartment — 1 Bed7,504AED 17,967AED 1,188,793AED 748K–2.0M
Apartment — 2 Bed3,745AED 17,279AED 1,880,895AED 1.4M–3.1M
Apartment — 3 Bed+1,072AED 15,608AED 2,871,334AED 2.0M–5.4M
Land plot17AED 14,621AED 45,000,000AED 5.9M–75M

Source: sampled historical DLD/Kaggle transaction records through 2023-03-17. Median values shown. Property types with fewer than 10 sampled transactions are suppressed.

Annual transaction activity — Business Bay

Transaction volume in Business Bay varies year to year with the broader Dubai market cycle. Activity across the dataset peaked during the 2021–2022 market recovery, driven by increased international buyer demand.

Monthly trend history for Business Bay is available from 2021-04 to 2023-03. When setting buyer and seller expectations, context on the underlying cycle matters: a comparable drawn from a peak month may overstate current values, while an older comparable may understate them.

Historical transactions in Business Bay

DateAreaProject / BuildingTypeAED/sqmPrice
2023-03-16Business BayAYKON CITY-TOWER BUnit20,637 AED/sqm1.3M AED
2023-03-16Business BayWEST HEIGHTS 4Unit9,413 AED/sqm1.0M AED
2023-03-16Business BaySLS DUBAIUnit43,194 AED/sqm1.2M AED
2023-03-16Business BayATRIA RAUnit13,199 AED/sqm1.3M AED
2023-03-16Business BayRegaliaUnit14,775 AED/sqm979,905 AED
2023-03-16Business BayTHE BINARY BY OMNIYATUnit19,129 AED/sqm1.3M AED
2023-03-16Business BayThe Opus By OmniyatUnit40,392 AED/sqm3.4M AED
2023-03-16Business BayBay Square - 08Unit15,380 AED/sqm2.3M AED
2023-03-16Business BayMAJESTINEUnit14,503 AED/sqm1.2M AED
2023-03-16Business BayTHE BAYUnit14,353 AED/sqm1.0M AED
2023-03-16Business BayPOLARISUnit5,920 AED/sqm248,474 AED
2023-03-16Business BayDAMAC TOWERS BY PARAMOUNT (D)Unit20,043 AED/sqm2.6M AED

Use this data in agent conversations

Business Bay — frequently asked questions

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