Dubai market evidence
Business Bay vs Palm Deira: Which Costs More?
A side-by-side comparison of Business Bay and Palm Deira property prices from the historical DLD transaction record, broken down by property type.
The numbers for Business Bay and Palm Deira
| Metric | Business Bay | Palm Deira |
|---|---|---|
| Median AED/sqm | 25,390 AED/sqm | 26,009 AED/sqm |
| Median price | AED 1.6M | AED 2.9M |
| Sampled transactions | 34,254 | 9,729 |
| P25–P75 range | 19,565 AED/sqm – 30,394 AED/sqm | 21,673 AED/sqm – 30,655 AED/sqm |
| Apartment share | 100% | 89% |
What the price gap means
Palm Deira runs 2% above Business Bay on median AED/sqm (25,390 AED/sqm in Business Bay against 26,009 AED/sqm in Palm Deira). That gap is widest for Apartment — 3 Bed+, where Palm Deira runs 16% above Business Bay. The headline number is driven by that unit type rather than a uniform premium across the board.
Citywide medians mix property types unevenly, so a headline gap can reflect what is being sold rather than a like-for-like premium. The per-type table above compares only the property types with enough sampled sales in both areas.
Beyond price, Business Bay is anchored by Business Bay Metro Station metro, Dubai Mall, Downtown Dubai, while Palm Deira is anchored by Abu Baker Al Siddique Metro Station metro, Dubai International Airport.
This is sales transaction evidence only and ends 2026-08-13. It covers sales, not rentals, and is market reference, not valuation or investment advice.
Price by property type
| Property type | Business Bay tx | Business Bay AED/sqm | Palm Deira tx | Palm Deira AED/sqm | Gap |
|---|---|---|---|---|---|
| Apartment — 1 Bed | 4,321 | 24,589 AED/sqm | 1,429 | 26,616 AED/sqm | -8% |
| Apartment — 2 Bed | 2,060 | 24,266 AED/sqm | 1,254 | 26,533 AED/sqm | -9% |
| Apartment — 3 Bed+ | 644 | 23,728 AED/sqm | 410 | 28,396 AED/sqm | -16% |
| Land plot | 14 | 14,441 AED/sqm | 369 | 15,225 AED/sqm | -5% |
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