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Properties for Sale in Business Bay

Top Projects in Business Bay

One River Point at Business Bay

Starting Price: 1.5 Million AED
Developer: Ellington Properties

Canal Crown at Business
Bay

Starting Price: 2 Million AED
Developer: Damac Properties

VYB At Business Bay

Starting Price: 1.4 Million AED
Developer: Ginco Properties

Edge Apartments at Business
Bay

Starting Price: 1 Million AED
Developer: Select Group

Jumeirah Living at Business Bay

Starting Price: 7.5 Million AED
Developer: Select Group

Trillionaire Residences
at Business Bay

Starting Price: 1.5 Million AED
Developer: Binghatti Developers

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Business Bay

Business Bay is one of the most in-demand districts of Dubai. It is a business hub that offers luxurious commercial and residential properties. High-rise apartment buildings, penthouses, restaurants, and luxurious offices with 5-star hotels and a prestigious location, Business Bay has it all.

Business Bay covers an area of approximately 80 million sq.ft. It has all the necessary amenities such as parks, fitness facilities, swimming pools etc. It is located on the bank of the Dubai Canal and is connected with the rest of Dubai via Sheikh Zayed Road and Al Khail Road. It hosts some of the best projects in Dubai, such as The Opus and Trillionaire Residences by Binghatti, Capital Bay Towers by DAMAC Properties, and Ubora Towers by Bando Housing Corporation.

It has lovely views of Dubai’s skyline with beautiful high-rise buildings and skyscrapers. This also adds to the attraction for local and foreign investors, and Business Bay has become one of the most sought-after areas for investments because of high demand and ROIs. It also has access to the main highways, such as Sheikh Zayed Road and Al Khail Road, which provides easy access to all the major attractions in Dubai. It only takes:

5 minutes to reach DXB Airport.
10 minutes to reach Palm Jumeirah.
10 minutes to reach Dubai Marina.
45 minutes to reach DWC Airport.

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FAQ

Most frequent questions and answers

What is the property market trend in UAE?

The UAE’s real estate sector contributes around 5.5% of the GDP of the country, and it has been on the rise since 2022 as both rental rates and home prices have increased. Dubai’s transaction volume reached its highest level for the first quarter ever observed in the area in the first quarter of 2022.

What are the main types of investment properties in Dubai?

In Dubai, investors can choose between villas, apartments, townhouses, penthouses, duplexes, and plots and lands.

What are the main areas for foreigners to buy property in UAE?

In Dubai, there are specific zones where foreigners can purchase real estate. These locations, such as the Palm Jumeirah, Downtown Dubai, Dubai Marina, Arabian Ranches, and Jumeirah Beach Residence, are decided upon by the Ruler of the Emirate of Dubai.

Can I live in Dubai if I buy a property?

Real estate purchases in Dubai may result in the buyer receiving a residence permit. The property must be finished at the time of purchase and worth at least AED 1 million to qualify for the UAE investor visa program. Dependents may also be sponsored by real estate purchase residence visa holders.

What is the future of real estate in the UAE?

The real estate industry in the UAE is anticipated to increase by 2.97% between 2023 and 2028, reaching a market volume of US$0.80 trillion by that year. The important characteristic that makes the UAE a desirable location for real estate investment is what is driving this expansion.

How to invest in UAE real estate?

Here are some tips to invest in UAE real estate:

Know About Different Property Types and Their Worth
Research the Market Status and Risks
Property Investment in Dubai
Don’t Sacrifice Location
Choose Areas with High Rents and Demand
Spend Time in the Area
Luxury Property Buyers Should Have Financial Resources
Investing in Residential Properties Offers Shortcuts for Legal Residency
Seek Expert Advice When Investing in Dubai Real Estate

Can foreigners invest in real estate in Dubai?

Yes, foreigners are permitted to purchase real estate in the UAE. There are, however, certain geographical limitations. Citizens of the UAE or the Gulf Cooperation Council (GCC) may buy real estate anywhere in Dubai.