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 type | Transactions | Median AED/sqm | Median price | Price range |
|---|---|---|---|---|
| Apartment — Studio | 4,912 | AED 20,600 | AED 835,000 | AED 570K–1.4M |
| Apartment — 1 Bed | 7,504 | AED 17,967 | AED 1,188,793 | AED 748K–2.0M |
| Apartment — 2 Bed | 3,745 | AED 17,279 | AED 1,880,895 | AED 1.4M–3.1M |
| Apartment — 3 Bed+ | 1,072 | AED 15,608 | AED 2,871,334 | AED 2.0M–5.4M |
| Land plot | 17 | AED 14,621 | AED 45,000,000 | AED 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.
Projects in Business Bay
CHURCHILL TOWER
2,860 transactions · 12,041 AED/sqm
DAMAC TOWERS BY PARAMOUNT
2,277 transactions · 24,020 AED/sqm
BAY SQUARE
1,573 transactions · 11,925 AED/sqm
TAMANI ARTS OFFICES
1,410 transactions · 10,764 AED/sqm
AL HABTOOR CITY
1,278 transactions · 15,069 AED/sqm
PRIVE BY DAMAC
1,246 transactions · 23,440 AED/sqm
AYKON CITY
1,217 transactions · 20,387 AED/sqm
BURLINGTON TOWER
1,169 transactions · 13,866 AED/sqm
Buildings in Business Bay
Churchill Tower 1-Commercial
CHURCHILL TOWER · 1,478 transactions
Tamani Arts Office
TAMANI ARTS OFFICES · 1,410 transactions
Churchill Tower 2-Residential
CHURCHILL TOWER · 1,382 transactions
AYKON CITY-TOWER B
AYKON CITY · 1,217 transactions
BURLINGTON TOWER
BURLINGTON TOWER · 1,169 transactions
Citadel Tower
CITADEL TOWER · 1,084 transactions
AYKON CITY (2) -TOWER C
AYKON CITY 2 · 1,040 transactions
Regalia
Regalia · 962 transactions
Historical transactions in Business Bay
| Date | Area | Project / Building | Type | AED/sqm | Price |
|---|---|---|---|---|---|
| 2023-03-16 | Business Bay | AYKON CITY-TOWER B | Unit | 20,637 AED/sqm | 1.3M AED |
| 2023-03-16 | Business Bay | WEST HEIGHTS 4 | Unit | 9,413 AED/sqm | 1.0M AED |
| 2023-03-16 | Business Bay | SLS DUBAI | Unit | 43,194 AED/sqm | 1.2M AED |
| 2023-03-16 | Business Bay | ATRIA RA | Unit | 13,199 AED/sqm | 1.3M AED |
| 2023-03-16 | Business Bay | Regalia | Unit | 14,775 AED/sqm | 979,905 AED |
| 2023-03-16 | Business Bay | THE BINARY BY OMNIYAT | Unit | 19,129 AED/sqm | 1.3M AED |
| 2023-03-16 | Business Bay | The Opus By Omniyat | Unit | 40,392 AED/sqm | 3.4M AED |
| 2023-03-16 | Business Bay | Bay Square - 08 | Unit | 15,380 AED/sqm | 2.3M AED |
| 2023-03-16 | Business Bay | MAJESTINE | Unit | 14,503 AED/sqm | 1.2M AED |
| 2023-03-16 | Business Bay | THE BAY | Unit | 14,353 AED/sqm | 1.0M AED |
| 2023-03-16 | Business Bay | POLARIS | Unit | 5,920 AED/sqm | 248,474 AED |
| 2023-03-16 | Business Bay | DAMAC TOWERS BY PARAMOUNT (D) | Unit | 20,043 AED/sqm | 2.6M AED |
Use this data in agent conversations
The home.ai analytics app gives agents access to these comparable sales. Filter by bedroom count, date range, and registration type to build evidence-backed CMA reports.
Business Bay — frequently asked questions
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