A typical residential sale here is AED 2,000,937 for about 835 sqft in the last 12 months (6,852 sales); across all 66,302 recorded sales the median is AED 1,402,500.
Ready-home prices here have moved +69.8% across the 200 months (Dec 2009 – Aug 2026) of Land Department records we hold — a pace of +3% a year if it continued.
That is the whole 200 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 66,302 sales
Off-plan
AED 2,191/sqft
39,788 recorded sales
Ready
AED 1,415/sqft
26,514 recorded sales
Off-plan trades 55% 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. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
Size
Typical home
Price, last 12 months · ready and off-plan
Per sqft, all years
Typical rent
Sales, all years
Studio
453 sqft
AED 1,170,999
1,829 sales
all years AED 1,000,350
AED 2,180/sqft
AED 70,000/yr
2,822 tenancies
17,719
1 bed
809 sqft
AED 2,047,500
2,903 sales
all years AED 1,382,832
AED 1,789/sqft
AED 90,000/yr
4,543 tenancies
28,471
2 beds
1,356 sqft
AED 3,094,840
1,641 sales
all years AED 2,100,000
AED 1,681/sqft
AED 138,933/yr
2,412 tenancies
14,889
3 beds
1,989 sqft
AED 4,955,000
390 sales
all years AED 3,116,820
AED 1,543/sqft
AED 188,000/yr
607 tenancies
4,250
4 beds
4,226 sqft
AED 8,254,047
68 sales
all years AED 5,108,471
AED 1,235/sqft
AED 300,000/yr
61 tenancies
830
5 beds
10,788 sqft
AED 30.38M
10 sales
all years AED 30M
AED 3,565/sqft
—
45
6 beds
6,915 sqft
fewer than 10 sales in 12 months
all years AED 25.05M
AED 3,107/sqft
—
28
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/R4,093
4 B/R863
5 B/R111
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
Rental market
From 17,413 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
17,413
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 bedsAED 138,933/yr
3 bedsAED 188,000/yr
4 bedsAED 300,000/yr
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 21% less per sqft than someone signing a new lease here.
What it returns
A year’s rent against what completed homes of that size actually sold for in Business Bay over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
Size
Costs now, ready
Rents for
Gross yield
Ready sales, 12m
Studio
AED 1M
AED 70,000/yrby bedroom · 2,822 new lets
7.0%
595
1 bed
AED 1.47M
AED 90,000/yrby bedroom · 4,543 new lets
6.1%
989
2 beds
AED 2.29M
AED 138,933/yrby bedroom · 2,412 new lets
6.1%
611
3 beds
AED 3.6M
AED 188,000/yrby bedroom · 607 new lets
5.2%
157
4 beds
AED 6.85M
AED 300,000/yrby bedroom · 61 new lets
4.4%
31
The best gross yield here is on a studio at 7.0%. 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 1 bed here reads 6.5% instead of 6.1%, because it prices the home at AED 1.38M — the median across every sale on record — rather than the AED 1.47M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 38 buildings, most recently filed for 2023. Charges have risen since then, 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 8,149
AED 61,851
7.0%
6.2%
1 bed
AED 14,558
AED 75,442
6.1%
5.1%
2 beds
AED 24,399
AED 114,534
6.1%
5.0%
3 beds
AED 35,801
AED 152,199
5.2%
4.2%
4 beds
AED 76,062
AED 223,938
4.4%
3.3%
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.
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. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
How much do properties cost in Business Bay?
The median residential sale price in Business Bay was AED 2,133/sqft in August 2026, from 290 sales registered that month. Over the last 12 months a typical home here sold for about AED 2M and measured about 835 sqft (6,852 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
What rental yield does Business Bay give?
Gross yields on ready homes in Business Bay run about 7.0% on a studio apartment, 6.1% on a 1-bedroom apartment, 6.1% on a 2-bedroom apartment, 5.2% on a 3-bedroom apartment, dividing a year of registered rent by what completed homes of 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.
How have property prices in Business Bay changed over the last two years?
Ready homes in Business Bay sold for a median AED 1,815/sqft in Q2 2026 (434 sales), against AED 1,698/sqft in Q3 2024 (758 sales): +6.9% across those quarters. By quarter, the ready-home median was AED 1,698/sqft in Q3 2024, AED 1,826/sqft in Q4 2024, AED 1,795/sqft in Q1 2025, AED 1,682/sqft in Q2 2025, AED 1,796/sqft in Q3 2025, AED 1,918/sqft in Q4 2025, AED 1,913/sqft in Q1 2026, AED 1,815/sqft in Q2 2026. Off-plan registrations ran at AED 2,571/sqft in Q2 2026 (476 registrations) and are never pooled with ready homes here. These are medians of registered sales, not an index: a quarter's move against the one before it partly reflects which homes sold, and registrations for Q2 2026 are still being filed.
Is Business Bay mostly off-plan or completed homes?
65% of the 6,852 sales registered in Business Bay in the last 12 months 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.
Prices by quarter, Q3 2024 to Q2 2026
Median registered sale price per sqft in Business Bay, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
Quarter
Ready homes · median per sqft
vs a year earlier
Off-plan · median per sqft
Q3 2024
AED 1,698/sqft758 sales
+5.6%
AED 2,740/sqft1,503 registrations
Q4 2024
AED 1,826/sqft851 sales
+7.2%
AED 2,428/sqft2,043 registrations
Q1 2025
AED 1,795/sqft835 sales
-3.0%
AED 2,524/sqft1,495 registrations
Q2 2025
AED 1,682/sqft891 sales
+1.6%
AED 2,528/sqft1,779 registrations
Q3 2025
AED 1,796/sqft739 sales
+5.7%
AED 2,712/sqft3,380 registrations
Q4 2025
AED 1,918/sqft831 sales
+5.0%
AED 2,674/sqft1,957 registrations
Q1 2026
AED 1,913/sqft639 sales
+6.6%
AED 2,833/sqft1,081 registrations
Q2 2026still registering
AED 1,815/sqft434 sales
+7.9%
AED 2,571/sqft476 registrations
Ready-home median +6.9% from Q3 2024 (AED 1,698/sqft, 758 sales) to Q2 2026 (AED 1,815/sqft, 434 sales).
Q2 2026 holds 434 ready sales against about 736 in each of the three quarters before it: registrations for it are still being filed, and its median will settle in later months.
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Median price per sqft trend
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
Mortgage registrations in Business Bay
1,916 mortgage procedures were registered here in the last 12 months. These are registrations, not buyers: the register files a loan as its own entry and does not link it to a sale, so this cannot tell you what share of purchases were financed.
1,603new registrations
76delayed, on off-plan
81modifications
49lease finance
35pre-registrations
26portfolio registrations
46other procedures
A modification is an existing borrower changing terms and a transfer is a loan moving between lenders; neither is a new purchase. Counted from the procedure the Land Department recorded on each registration.
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.
