A typical residential sale here is AED 1,400,000 for about 819 sqft, from 69,132 recorded sales.
Prices here have moved +29.0% across the 211 months (Jan 2009 – Aug 2026) of Land Department records we hold — a pace of +1% a year if it continued.
That is the whole 211 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Off-plan and ready are different markets
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
60%
Sold off-plan
of 69,132 sales
Off-plan
AED 2,168/sqft
41,552 recorded sales
Ready
AED 1,434/sqft
27,580 recorded sales
Off-plan trades 51% above completed homes here. A single blended figure would sit between the two and describe neither.
What each size costs in Business Bay
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate.
Rent is matched by size here, not bedroom count, so the column is what homes of that sizeactually let for — the question behind the question, answered from real contracts. Ejari does also carry a bedroom count on most tenancies, and the rent-by-bedroom figures on this page read that field directly.
Size
Typical home
Typical price
Per sqft
Typical rent
Sales
Studio
449 sqft
AED 992,000
AED 2,158/sqft
AED 70,000/yr
2,822 tenancies
18,799
1 bed
807 sqft
AED 1,383,000
AED 1,808/sqft
AED 90,000/yr
4,543 tenancies
29,757
2 beds
1,352 sqft
AED 2,100,000
What exists here, and who may own it
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
57,343
In Business Bay, from the Land Department's register of flats.
Freehold
98%
56,341 of 57,343 units with a recorded ownership type.
Typical size
853 sqft
Median of the 57,312 units that record one.
By size of home
1 B/R24,604
Studio13,937
2 B/R13,665
3 B/R
Rental market
From 17,861 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 95,000/yr
for ~867 sqft
Rent per sqft
AED 112/sqft
per year
Renewals
42%
of contracts
Contracts
17,861
last 12 months
What it costs to rent here
Median annual rent, by size of home.
StudioAED 70,000/yr
1 bedAED 90,000/yr
2 beds
What it returns
A year’s rent against what that size of home actually sold for in Business Bay over the same twelve months — both from registered records.
Size
Costs now
Rents for
Gross yield
Sales behind it
Studio
AED 1.17M
AED 70,000/yrby bedroom · 2,822 new lets
6.0%
2,045
1 bed
AED 2.04M
AED 90,000/yrby bedroom · 4,543 new lets
4.4%
3,069
2 beds
AED 3.08M
AED 138,933/yrby bedroom · 2,412 new lets
4.5%
1,708
3 beds
AED 4.94M
AED 188,000/yrby bedroom · 607 new lets
3.8%
398
4 beds
AED 8.5M
AED 300,000/yr
Common questions about Business Bay
How much is rent in Business Bay?
a studio rents for a median AED 70,000/yr, a 1-bedroom for AED 90,000/yr, a 2-bedroom for AED 138,933/yr, a 3-bedroom for AED 188,000/yr. These are medians of tenancy contracts registered with Ejari in Business Bay over the last twelve months — what tenants agreed to pay, not advertised asking rents. This table matches rent to homes by floor area, which every Ejari contract records. Ejari carries a bedroom count on most contracts too, and the rent-by-bedroom figures on this page read that field rather than inferring it from size.
Median price per sqft trend
Areas at a similar price
Closest to Business Bay on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
AED 138,933/yr
3 bedsAED 188,000/yr
4 bedsAED 300,000/yr
5 bedsAED 1,047,600/yr
6 bedsAED 450,000/yr
Matched to tenancies by floor area, so this is what homes of each size actually let for. Ejari does also record a bedroom count on most contracts — the rent-by-bedroom table below reads that field directly. Renewing tenants pay about 21% less per sqft than someone signing a new lease here.
by bedroom · 61 new lets
3.5%
69
5 beds
AED 30.58M
AED 1,047,600/yrsame size in Business Bay
3.4%
11
The best gross yield here is on a studio at 6.0%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 7.1% instead of 6.0%, because it prices the home at AED 992K — the median across every sale on record — rather than the AED 1.17M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 39 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
Size
Charge / year
Rent after it
Gross
Net
Studio
AED 8,089
AED 61,911
6.0%
5.3%
1 bed
AED 14,531
AED 75,469
4.4%
3.7%
2 beds
AED 24,341
AED 114,592
4.5%
3.7%
3 beds
AED 35,790
AED 152,210
3.8%
3.1%
4 beds
AED 76,062
AED 223,938
3.5%
2.6%
5 beds
AED 194,180
AED 853,420
3.4%
2.8%
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
How much do properties cost in Business Bay?
The median residential sale price in Business Bay is AED 2,121/sqft, which works out at about AED 1.4M for a typical 819 sqft home. That is a median of 69,132 sales actually registered with the Dubai Land Department, not of asking prices.
What rental yield does Business Bay give?
Gross yields in Business Bay run about 6.0% on a studio, 4.4% on a 1-bedroom, 4.5% on a 2-bedroom, 3.8% on a 3-bedroom, dividing a year of registered rent by what that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Business Bay freehold?
Mostly, but not entirely. 56,341 of the 57,343 units with a recorded tenure in Business Bay are freehold, so foreign ownership is possible in most buildings here and not all — check the specific title before committing.
Is Business Bay mostly off-plan or completed homes?
60% of the 69,132 registered sales in Business Bay were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
