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Business Bay

Business Bay Area Guide

Business Bay Area Map

Overview of Business Bay

Business Bay is a well-known mixed-use neighbourhood in Dubai, famous for its luxury residential choices and booming business district. The development is in a prime area with quick connectivity to extensive facilities on the site. Business Bay Dubai is located along the Burj Khalifa extension and faces Dubai Mall along the Dubai Canal South of Downtown Dubai. Among the new districts has appeared Business Bay, which has become an essential part of the city’s life and reflects the cultural diversity of Dubai.

Business Bay Dubai UAE occupies a total floor area of 46.9 million sq. ft; 22.1 % of this area is planned for residential development, while 18.5% is for commercial development and 59.4% is for mixed Skyline use. This officially acclaimed place hosts several global and regional enterprises, architectural wonders, well-known operating companies in hospitality, transport facilities, and many more state-of-the-art facilities.

IN OUTLINE

  • One of the busiest business destinations in Dubai.
  • Includes residential and commercial buildings.
  • Situates in the commercial district along the bank of Dubai Canal.
  • Close to Burj Khalifa, The Dubai Fountain or the Dubai Aquarium.
  • Favourite among investors as a result of near-standing development and projects.
  • Home to the prior tallest hotel in the world- JW Marriott Marquis.
  • It is a popular lifestyle destination because of several restaurants, cafes,s, and hotels.

Neighbourhood

Overview of Community

Other noteworthy neighbouring communities include Downtown Dubai, DIFC, and Al Quoz for residents and visitors of Business Bay, which provide even more options for people to dine, shop, and be entertained. Business Bay location is a historical extension of Dubai’s aspiration to become a major international business centre. The region was initially conceptualised as a business district; however, it transitioned into a vibrant city space for harmonious residential, commercial, and leisure activity use. The area is also near Dubai Design District and one of the most popular areas in the city – Jumeirah.

Properties in Business Bay

The available rental options in Business Bay accommodations are studios, one-, two-, or three-bedroom, four-bedroom penthouses, and a two-level duplex. The penthouses vary in size between 6,600 sq. m. to 7,341 sq. m. They have ample terrace spaces with a swimming pool, vast living space, and other privileges.

It also comprises Hotel Apartments with studios, one, two, and three bedrooms, fitted kitchens, living rooms, and balconies. Furthermore, rental villas include pavilions like the Executive Towers and Marasi floating villas along the Dubai Canal.

Corporate Buildings in Business Bay

Corporate Buildings in Business Bay

Various commercial developments in the Business Bay area include The Binary, Clover Bay Tower, The Prism, and The Citadel. Some of the interests are The Binary, consisting of five podium levels, two towers, twenty-one floors and twenty-four floors, and fifteen retail shops. Another development by Omniyat comprises Bayswater Tower with 293 offices, while Deyaar’s The Citadel building has 406 offices in the 48-storey building.

Other business buildings in the neighbourhood are Iris Bay, the Exchange Business Bay, and Metropolis Tower, which offer several office types that meet the requirements of the enterprises in this active area.

Prominent Upcoming Projects in Business

Completing the Dubai Canal project has given it a boom in water-front promenades, marinas, and recreational areas. Among other exciting projects, it has the world’s tallest hotel, JW Marriott Marquis, and The Opus, a singular architectural wonder created by Zaha Hadid. Such and other designs have led to an image of Business Bay as a luxury place with some of the best-recognized structures in Dubai.

Some of the notable off-plan projects in Dubai are as follows that are located in Business Bay with developer details and locations:

  1. Peninsula: Select Group has developed Peninsula, which offers waterfront homes in Business Bay within a community-centric design.
  2. Aykon City: It is a development by Damac Properties on Sheikh Zayed Road, offering high-rise apartments with skyline views of the newly opened Dubai Canal.
  3. Safa Two: It is a luxury tower by Damac on Sheikh Zayed Road. It was designed to resemble the jewellery brand de GRISOGONO.

Understand The Rental Trend in Business Bay

The buildings for rent in the Business Bay map have many common facilities, including a fitness club and swimming pool, a children’s playing area, parking spaces, and a shopping arcade.

The prices of apartments depend on the size of the flats. A studio costs around 101,000 AED per annum, and a one bedroom around 135,000 AED. A 2-bedroom apartment costs 159500 AED while 3- bedrooms cost 233000 AED. The highest in its category is the four-bedroom, which is going for 297,000 AED for annual rent.

Understand The Sales Trends in Business Bay

About size, apartment prices are more differentiated than single-family or townhouse prices. The average sold studio was 1,056,000 AED, and the 1-bedroom apartment was 2,146,000 AED. The Price for a 2BHK apartment is approximately 2455000 AED, and the 3BHK apartment for approximately 4188000 AED. Nonetheless, on average, the price spread quadruples for 4BHK units sold at 25,155,000 AED, a significant increase from the former categories.

Understand The ROI in Business Bay

A unit’s highest profitability percentage is 14.24% for a studio apartment in Business Bay. The two bedrooms obtained a return on investment of 12.63, whereas the bedrooms obtained a profit of 11.83%. The return on investment in three-bedroom units is 11.81%, and the total net return from the four-bedroom units is 2.60%.

Most Prominent Buildings in Business Bay

Some notable menacing class structures at Business Bay are Aykon City Tower, Executive Tower, DAMAC Heights, etc. The rent of 1 and 2 BHK in Aykon city varies from 72000 to 170000 AED and 2 BHK from 90000 to 245000 AED. Today, the price of the one two-bedroom unit at the Executive Towers currently runs between AED 85 000 to 285 000 AED and AED 115 000 to 300 000 AED.

Hotels in Business Bay

All the comfort of several excellent hotels accommodated in Business Bay allows for quick access to the attractions of Downtown Dubai. Some of the well-known Hotels located in Dubai are:

  1. The JW Marriott Marquis is 73 stories and 306 m tall with 1,608 rooms, which makes the structural description a luxury hotel with various facilities, including restaurant services, spa, gym, and event venues.
  2. It is common for tourists to appropriate the 5-star Steigenberger Hotel, which offers restaurants and a famous Bar and club, The Backyard.
  3. The Radisson Blu Hotel in the Dubai Water Canal it has 432 rooms and 8 restaurants.
  4. Taj Dubai provides comfortable bedrooms, pools, gymnasiums, salons, and spa sections.
  5. Business Bay accommodations for business people can be found in Doubletree by Hilton Dubai Business Bay.
  6. V Hotel Dubai, Curio Collection by Hilton has large, comfortably designed rooms, five eating establishments, and a bar with a pool collection.

business bay Dubai metro station

Public Transport & Parking Facilities in Business Bay

The apartments in Business Bay have dedicated parking spaces and free public parking spots on Al A’amal and Al Sa’ada Streets.

  1. Private parking lots are available but charge AED 10+ per hour.
  2. The area is connected to key highways, including Sheikh Zayed Road and Al Khail Road, and has direct access to Downtown Boulevard.
  3. Public transportation is convenient, with Business Bay Metro Station on the Red Line and nearby stations like Burj Khalifa/Dubai Mall, Financial Centre, and Emirates Towers.
  4. Taxis and buses are also readily available, making it easy to navigate the community.

Lifestyle and Amenities in Business Bay

Supermarkets in Busines Bay

As for the supermarkets, Business Bay provides the well-stocked Spinneys and Choithrams stores on Bay Avenue. Also, there is a supermarket called West Zone Supermarket near Mayfair Residency, Al Maya in Clover Bay Tower, and numerous Zoom mini-markets. Here is just a selection of several of the excellent supermarkets in Dubai that are reasonably nearby and easily drivable.

Mosques, Churches & Temples in Business Bay Dubai

  1. Some of the mosques in Business Bay include Sheikh Rashid Al Maktoum Mosque, Avenue Park Mosque, and Bay Avenue Mosque. Close by mosques in Downtown Dubai are Al Ghafoor Mosque, Souk Al Bahar Mosque and the Dubai Mall mosque.
  2. Those searching for churches should go to Eleutheria Community Church in Jumeirah 1 or Emirates Baptist Church in Al Barsha to get there. Other churches nearby include Holy Trinity Church and St. Mary’s Catholic Church, which are approximately 15 minutes away.
  3. Further to religious places of Hinduism, Bur Dubai, which has Shiva and Krishna temples, is about 21 minutes away, while the Sikh temple, the Guru Nanak Darbar Gurdw, ara, is about 23 minutes away.

Schools Nearby Business Bay Dubai

  1. Business Bay offers many education options for children of different ages, such as First Path Montessori, Hummingbird Nursery, Maple Bear Pre-School, and Canadian Kids Nursery.
  2. Dubai International School, which follows the American curriculum; Safa British School, which follows the UK curriculum; and GEMS Our Own Indian School, are available for elementary and secondary education.
  3. Other Schools nearby are GEMS Wellington Primary School and Global Indian International School.
  4. For higher education, universities in Dubai Knowledge Park offer easy access to programs of educational institutions accredited internationally.

Clinics & Hospitals in Business Bay

The community is served by one of the finest hospitals in the business, Bay Emirates Hospital Clinic, on Bay Avenue. Other hospitals are the Medcare Hospital in Safa and the Emirates Hospital in Jumeirah, which are just 15 15-minute drive from the location.

Neighboring Areas of Business Bay

Downtown Dubai is Business Bay’s most immediate neighbour. North of Al Quoz stands the industrial site of Dubai. The neighbourhood is easily accessible from DIFC, Al Safa, Jumeirah, and Sheikh Zayed Road, which is good news for the city’s working population looking to rent or buy properties.

Neighboring Areas of Business Bay

Lifestyle at Business Bay

Famous Malls in Business Bay

  1. The most preferred shopping area is the Dubai Mall, which offers proper clothing classification and various fashion brands.
  2. Bay Avenue Mall has many shops, restaurants, and spas. Some established shops in Bay Avenue Mall include; · Made to Measure (M2M), · Signature Studio, · Big Brands, and so on.

Top Notch Restaurants in Business Bay Area

There are hundreds of restaurants within Business Bay, ranging from fast food restaurants to elegant dining restaurants such as Tong Thai, Izakaya, Kitchen 6, and Prime 68. Downtown Dubai has other eating joints, such as the City Walk and the DIFC, which are nearby.

It also has several licensed bars in Business Bay and pubs, including Lock, Stock & Barrel, Sports on 4, Hudson Tavern, and The Rose & Crown, to give most zones exciting nightlife.

Serene Beaches Near Business Bay Dubai

The reputed Jumeirah Beach is only 15 minutes away by car. As we mentioned, there is no specific Business Bay beach. However, Dubai’s city beachgoers can enjoy the nicely constructed boardwalk of the beautiful man-made Dubai Canal, which lacks sand. The boardwalk provides the residents with a fantastic sea view.

Some Attractive Landmarks & Notable Places to Visit in Business Bay

The Dubai Canal’s main attraction in Business Bay is linking the area to older parts of the city and turning it into a bustling business district with features like the Marasi floating villas. La Perle by Dragone, another show in Business Bay, is a live show based on acrobat/stunt performances.

Previously known as the WL Hotel, it’s in Al Habtoor City and has event deals with over 20 restaurants and bars.

Fitness, Beauty & Outdoor Activities in Business Bay

While Business Bay is somewhat commercialised, the area’s selling point comprises open green spaces like Bay Avenue Park and Burj Park in Downtown Dubai, designed for bike rides and observing birds in flight and the Wings of Mexico. There is Safa Park for the large running track nearby as well.

The health and fitness freaks are well facilitated by gyms like Fitness First, Elevation Fitness, and B.A.R.E, which offer full-body training. Residents can also get beautified at Rifa Beauty Salon, Valery & Co, or Brushed Beauty Salon; Spas are also available at JW Marriott and Taj, both in a luxurious touch.

Community Events at Business Bay

Bay Avenue permanently has farmer’s markets, musical festivals, and even separate celebrations of other occasions, such as Earth Day and Mother’s Day.

Dubai Properties also celebrates Bay Avenue with a New Year bash involving international feeds, live performances, and a digital countdown. However, it is also an excellent place to watch the festivities in Downtown Dubai.

All Things Considered

Business Bay Dubai is an ideal place to live for the following reasons. Other than this, as with most fields, there are one or two issues to elaborate on: Since it is among the leading areas in the emirate, several traffic interference yields are observed. Additionally, the number of public parking places is small and often proves to be quite a disadvantage.

FAQs

Is Business Bay still under construction?

Indeed, new projects and advancements are seen in Business Bay as part of Dubai’s continuous renovation and growth initiatives. Ongoing residential, commercial, and recreational developments increase the area’s attraction and capacity, even though it is the central infrastructure.

What is the Business Bay area?

Business Bay is an extension of the residential and commercial development just beyond Downtown Dubai, following the course of the Dubai Canal. It has the world’s uniquely designed skyline and several hotels, luxury villas, business towers, and lifestyle destinations.

Who is the owner of Business Bay?

Several property owners are in Business Bay, Dubai, including OMNIYAT, The First Group, and Driven Properties.

What is the size of Business Bay?

Business Bay map occupies an area of approximately 64 Million Square Feet and contains many public places, local neighbourhoods, and tall structures. The total area is also huge, encompassing built-up and building-in-progress structures; it is one of Dubai’s most significant mixed-use developments.

Who is the master developer of Business Bay?

Business Bay is an initiative of commercial reality by Dubai Properties Group, a Dubai Holding Company division. The organisation has been a leading actor in its development plan.

Location

  • Downtown Dubai can be easily accessed by car within 11 minutes.
  • Sheikh Zayed Road is about 18 minutes drive away.
  • It is 10 minutes by car to get from City Walk to Jumeirah.
  • A mere 15-minute drive to the Dubai International Airport.
  • Dubai Marina is only a minute’s drive away by car.
  • Palm Jumeirah is just 21 minutes drive from it.
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