Business Bay home sales: Q2 2024
April to June 2024
Number 2 of 96 Dubai communities by sales in Q2 2024. See all of Dubai.
2,741 homes sold in Business Bay for AED 6.01bn in Q2 2024. That is 8% more than the quarter before and 84% more than Q2 2023. 67% were off-plan.
The agent's view
“Look first at the communities and towers with the most sales. Busy places give you a fair price to work from, and an easier sale later.”
Homes sold2,741+8% on the quarter before+84% on Q2 2023
ValueAED 6.01bn+10% on the quarter before+132% on Q2 2023
AED per sq ft (median)2,458+8% on the quarter before+37% on Q2 2023
Off-plan share67%+11 points on the quarter before+21 points on Q2 2023
Sales in each of the last 5 quarters
Business Bay. The yellow bar is Q2 2024.
Before 24 September 2026 our record holds about 84% of sales. From that date it holds every sale the source shows.
New in the sales record
3 towers and projects had their first recorded sale in Q2 2024. For an off-plan project this is close to the sales launch. It is not the date of the press launch.
| Tower or project | First sale | Sales in the quarter | Value | AED per sq ft | Type |
|---|---|---|---|---|---|
| Bayz 101 by Danube | 23 Apr 2024 | 625 | AED 1.33bn | 3,193 | Off-plan |
| Rove Home Marasi Drive | 29 May 2024 | 96 | AED 144m | 2,828 | Off-plan |
| Vento Tower | 3 Apr 2024 | 7 | AED 10.4m | 2,379 | Off-plan |
By tower
125 towers and projects had a sale.
| # | Tower or project | Sales | Change | Value | AED per sq ft | Type |
|---|---|---|---|---|---|---|
| 1 | Bayz 101 by Danube | 625 | new | AED 1.33bn | 3,193 | Off-plan |
| 2 | Trillionaire Residences | 131 | +21% | AED 215m | 2,506 | Off-plan |
| 3 | Canal Crown 2 | 128 | +24% | AED 286m | 2,875 | Off-plan |
| 4 | Al Habtoor Tower | 109 | -16% | AED 316m | 2,578 | Off-plan |
| 5 | Rove Home Marasi Drive | 96 | new | AED 144m | 2,828 | Off-plan |
| 6 | One River Point | 67 | +294% | AED 265m | 2,598 | Off-plan |
| 7 | UPSIDE Living | 64 | -66% | AED 95.2m | 3,048 | Ready |
| 8 | Nobles Tower | 57 | -7% | AED 109m | 1,695 | Off-plan |
| 9 | Peninsula Two | 50 | +56% | AED 69.4m | 2,396 | Off-plan |
| 10 | Peninsula One | 49 | +48% | AED 76.8m | 2,294 | Off-plan |
| 11 | Peninsula Three | 48 | +118% | AED 74.8m | 2,430 | Off-plan |
| 12 | The Edge | 47 | -81% | AED 69.2m | 2,178 | Off-plan |
| 13 | Royal Regency | 42 | +11% | AED 83.4m | 1,909 | Off-plan |
| 14 | Bay Square Building 9 | 39 | -37% | AED 44.2m | 1,279 | Ready |
| 15 | Regalia By Deyaar | 33 | -23% | AED 39.8m | 1,695 | Off-plan |
| 16 | Aykon City Tower D | 31 | -64% | AED 91.8m | 3,221 | Off-plan |
| 17 | The Sterling West | 30 | +500% | AED 97.4m | 2,091 | Ready |
| 18 | Peninsula Five | 29 | +123% | AED 62.9m | 2,163 | Off-plan |
| 19 | Reva Residences | 28 | +17% | AED 29.3m | 2,017 | Ready |
| 20 | Burj Binghatti Jacob & Co | 25 | +67% | AED 182m | 2,282 | Off-plan |
| 21 | SOL Bay | 25 | +178% | AED 30.7m | 1,875 | Ready |
| 22 | Zada Tower | 25 | -29% | AED 24.8m | 2,058 | Ready |
| 23 | Canal Crown 1 | 24 | -56% | AED 63.7m | 2,804 | Off-plan |
| 24 | Urban Oasis | 24 | +71% | AED 51.6m | 2,025 | Off-plan |
| 25 | Aykon City Tower C | 24 | +20% | AED 41.6m | 2,129 | Ready |
| 26 | Luxury Family Residences | 24 | was 4 | AED 29.2m | 1,817 | Off-plan |
| 27 | Damac Maison Prive A | 24 | -14% | AED 28.4m | 2,345 | Ready |
| 28 | Bayz by Danube | 24 | +140% | AED 21.8m | 1,473 | Ready |
| 29 | Paramount Tower Hotel & Residences | 23 | -32% | AED 46.8m | 1,942 | Ready |
| 30 | The Bay | 23 | -30% | AED 30.9m | 1,412 | Ready |
| 31 | Peninsula Four | 22 | -15% | AED 103m | 2,523 | Off-plan |
| 32 | Residence 110 | 22 | -27% | AED 56.9m | 1,869 | Ready |
| 33 | The Crestmark | 21 | -49% | AED 54.8m | 2,609 | Off-plan |
| 34 | Ahad Residences | 21 | -53% | AED 36.8m | 2,091 | Ready |
| 35 | Hamilton Tower | 21 | +31% | AED 20.9m | 1,148 | Ready |
| 36 | Chic Tower | 20 | was 4 | AED 34.3m | 1,984 | Off-plan |
| 37 | SLS Dubai Hotel & Residences | 18 | -42% | AED 46.1m | 2,938 | Ready |
| 38 | Damac Towers by Paramount, Tower B | 17 | +55% | AED 39.2m | 1,431 | Ready |
| 39 | Vera Residences | 15 | -25% | AED 20.2m | 2,018 | Ready |
| 40 | Aykon City Tower B | 15 | -17% | AED 15.0m | 1,875 | Ready |
| 41 | Noura Tower | 14 | +17% | AED 34.8m | 1,699 | Ready |
| 42 | 15 Northside Tower 1 | 14 | -26% | AED 20.6m | 2,366 | Ready |
| 43 | Scala Tower | 14 | +180% | AED 13.4m | 1,151 | Ready |
| 44 | Sky Bay Hotel | 14 | -67% | AED 7.6m | 4,022 | Ready |
| 45 | The Quayside | 13 | -70% | AED 37.2m | 2,525 | Off-plan |
| 46 | Mama Shelter Residences | 13 | -41% | AED 23.8m | 2,589 | Off-plan |
| 47 | Binghatti Canal | 13 | -24% | AED 23.0m | 2,133 | Ready |
| 48 | West Five Business Bay Residences | 13 | -41% | AED 22.0m | 2,202 | Off-plan |
| 49 | The Paragon by IGO | 13 | +8% | AED 19.8m | 1,907 | Off-plan |
| 50 | VYB | 13 | -80% | AED 18.5m | 2,039 | Off-plan |
| 51 | Damac Maison Prive B | 13 | -59% | AED 15.7m | 2,249 | Ready |
| 52 | Merano Tower | 13 | -7% | AED 13.6m | 1,650 | Ready |
| 53 | Executive Tower J | 12 | +20% | AED 35.3m | 1,387 | Ready |
| 54 | Executive Tower K | 12 | was 4 | AED 31.6m | 1,291 | Ready |
| 55 | Terraces Marasi Drive | 12 | -68% | AED 31.3m | 1,707 | Off-plan |
| 56 | Executive Tower E | 12 | was 1 | AED 26.9m | 1,195 | Ready |
| 57 | Capital Bay Tower A | 12 | was 4 | AED 12.6m | 1,088 | Ready |
| 58 | Damac Maison Cour Jardin | 12 | was 4 | AED 12.4m | 1,501 | Ready |
| 59 | Marquise Square Tower | 11 | +10% | AED 21.2m | 1,974 | Ready |
| 60 | Executive Tower M | 11 | 0% | AED 18.3m | 1,200 | Ready |
| 61 | The Residences at Business Central | 11 | was 3 | AED 14.8m | 1,322 | Ready |
| 62 | Ubora Tower 1 | 10 | +67% | AED 17.3m | 1,134 | Ready |
| 63 | Bay Square Building 13 | 10 | was 1 | AED 13.5m | 927 | Ready |
| 64 | Millennium Binghatti Residences | 10 | was 3 | AED 13.0m | 1,586 | Ready |
| 65 | Damac Maison Canal Views | 10 | -9% | AED 11.0m | 1,535 | Ready |
| 66 | Jumeirah Living Business Bay | 9 | +50% | AED 123m | 3,992 | Off-plan |
| 67 | The Pad | 9 | +80% | AED 17.2m | 2,137 | Ready |
| 68 | Plaza Boutique 1 | 9 | +50% | AED 14.7m | 1,097 | Ready |
| 69 | The One Hotel | 9 | -53% | AED 11.2m | 4,043 | Ready |
| 70 | Ontario Tower | 9 | +29% | AED 7.9m | 1,072 | Ready |
| 71 | DG1 | 8 | was 3 | AED 23.3m | 2,824 | Off-plan |
| 72 | Damac Towers by Paramount, Tower A | 8 | +33% | AED 18.4m | 1,414 | Ready |
| 73 | Executive Tower B | 8 | -65% | AED 9.6m | 1,037 | Ready |
| 74 | Elite Business Bay Residence | 8 | -33% | AED 8.5m | 1,248 | Ready |
| 75 | Damac Towers by Paramount, Tower C | 8 | -47% | AED 8.4m | 2,116 | Ready |
| 76 | Capital Bay Tower B | 8 | +14% | AED 6.6m | 1,182 | Ready |
| 77 | Canal Heights 2 | 7 | -85% | AED 17.2m | 2,769 | Off-plan |
| 78 | Churchill Residency Tower | 7 | -30% | AED 11.6m | 1,260 | Ready |
| 79 | Vento Tower | 7 | new | AED 10.4m | 2,379 | Off-plan |
| 80 | DAMAC Majestine | 7 | -36% | AED 8.3m | 1,628 | Ready |
| 81 | Safeer Tower 1 | 7 | was 1 | AED 5.9m | 1,348 | Ready |
| 82 | Damac Towers by Paramount, Tower D | 6 | -54% | AED 14.1m | 1,648 | Ready |
| 83 | Amna | 6 | -40% | AED 12.7m | 1,690 | Ready |
| 84 | Bay's Edge | 6 | was 3 | AED 8.8m | 1,477 | Ready |
| 85 | Clayton Residency | 6 | 0% | AED 5.9m | 1,063 | Ready |
| 86 | AG Tower | 6 | -25% | AED 5.7m | 1,654 | Ready |
| 87 | The Sterling East | 5 | -44% | AED 14.2m | 2,120 | Ready |
| 88 | Executive Tower F | 5 | -17% | AED 10.8m | 1,193 | Ready |
| 89 | Vezul Residence | 5 | was 3 | AED 8.6m | 1,375 | Ready |
| 90 | J ONE Tower A | 5 | new | AED 8.5m | 1,924 | Ready |
| 91 | Bay Square Building 7 | 5 | was 1 | AED 7.3m | 1,009 | Ready |
| 92 | MAG 318 | 5 | -55% | AED 6.2m | 2,317 | Ready |
| 93 | Mayfair Residency | 5 | -29% | AED 5.1m | 1,406 | Ready |
| 94 | Executive Bay A | 5 | 0% | AED 5.1m | 1,174 | Ready |
| 95 | The Ritz - Carlton Residences | 4 | -50% | AED 109m | 3,444 | Off-plan |
| 96 | Eywa | 4 | was 3 | AED 60.0m | 3,859 | Off-plan |
| 97 | Executive Tower G | 4 | -33% | AED 15.3m | 1,300 | Ready |
| 98 | Executive Tower H | 4 | -33% | AED 12.6m | 1,429 | Ready |
| 99 | Executive Tower C | 4 | was 3 | AED 10.3m | 1,028 | Ready |
| 100 | Canal Heights | 4 | -20% | AED 10.3m | 2,736 | Off-plan |
| 101 | Waves Tower | 4 | was 3 | AED 8.1m | 1,919 | Ready |
| 102 | Damac Maison The Vogue | 4 | -43% | AED 4.0m | 1,429 | Ready |
| 103 | The Court | 4 | -43% | AED 3.3m | 1,638 | Ready |
| 104 | The Vela Dorchester Collection | 3 | -75% | AED 155m | 7,376 | Off-plan |
| 105 | Bugatti Residences By Binghatti | 3 | was 1 | AED 79.6m | 4,323 | Off-plan |
| 106 | West Wharf | 3 | -50% | AED 11.6m | 1,217 | Ready |
| 107 | The Opus | 3 | was 4 | AED 9.3m | 3,398 | Ready |
| 108 | Millennium Atria | 3 | -67% | AED 5.3m | 1,442 | Ready |
| 109 | Windsor Manor | 3 | -70% | AED 3.8m | 1,168 | Ready |
| 110 | Park Central | 3 | -57% | AED 3.1m | 1,208 | Ready |
| 111 | Volante | 2 | was 1 | AED 66.2m | 3,766 | Ready |
| 112 | 15 Northside Tower 2 | 2 | was 1 | AED 7.2m | 1,813 | Ready |
| 113 | Meera | 2 | was 1 | AED 5.0m | 2,071 | Ready |
| 114 | West Bay Tower | 2 | -90% | AED 3.3m | 1,596 | Off-plan |
| 115 | Fairview Residency | 2 | -67% | AED 2.2m | 1,365 | Ready |
| 116 | Avanti | 2 | -60% | AED 1.8m | 1,245 | Ready |
| 117 | J ONE Tower B | 1 | new | AED 8.1m | 3,774 | Ready |
| 118 | Plaza Boutique 4 | 1 | new | AED 4.0m | 895 | Ready |
| 119 | Safeer Tower 2 | 1 | -80% | AED 1.5m | 1,023 | Ready |
| 120 | Bay Square Building 6 | 1 | new | AED 1.5m | 1,226 | Ready |
| 121 | Bay Square Building 2 | 1 | new | AED 1.3m | 1,045 | Ready |
| 122 | Park Lane Tower | 1 | new | AED 1.2m | 3,890 | Ready |
| 123 | Bay Square Building 10 | 1 | was 1 | AED 1.0m | 1,178 | Ready |
| 124 | Bay Square Building 3 | 1 | was 2 | AED 950,000 | 1,374 | Ready |
| 125 | Mayfair Tower | 1 | -80% | AED 875,000 | 1,537 | Ready |
By developer
38 developers had a sale in a tower we have named.
| # | Developer | Sales | Towers | Value | AED per sq ft | Off-plan |
|---|---|---|---|---|---|---|
| 1 | Danube Properties | 649 | 2 | AED 1.35bn | 3,184 | 96% |
| 2 | Select Group | 292 | 10 | AED 664m | 2,323 | 87% |
| 3 | DAMAC Properties | 234 | 19 | AED 352m | 1,903 | 15% |
| 4 | DAMAC | 226 | 7 | AED 474m | 2,748 | 70% |
| 5 | Binghatti Developers | 157 | 4 | AED 331m | 2,479 | 85% |
| 6 | Al Habtoor Group | 131 | 4 | AED 369m | 2,414 | 83% |
| 7 | Dubai Properties | 104 | 12 | AED 195m | 1,258 | 0% |
| 8 | Ellington Properties | 101 | 3 | AED 357m | 2,594 | 100% |
| 9 | Deyaar | 70 | 6 | AED 79.3m | 1,382 | 47% |
| 10 | Tiger Properties | 57 | 1 | AED 109m | 1,695 | 100% |
| 11 | Omniyat | 50 | 5 | AED 293m | 2,143 | 8% |
| 12 | Al Seeb Real Estate Development | 43 | 2 | AED 84.9m | 1,909 | 98% |
| 13 | Damac Properties | 27 | 2 | AED 32.6m | 1,668 | 0% |
| 14 | SOL Properties Development LLC | 25 | 1 | AED 30.7m | 1,875 | 0% |
| 15 | Dar Al Arkan / Dar Global | 24 | 1 | AED 51.6m | 2,025 | 100% |
| 16 | The First Group | 23 | 2 | AED 18.8m | 4,043 | 0% |
| 17 | World of Wonders Real Estate Development | 18 | 1 | AED 46.1m | 2,938 | 0% |
| 18 | Al Madar Holdings | 14 | 1 | AED 13.4m | 1,151 | 0% |
| 19 | Invest Group Overseas, part of MAG Group | 13 | 1 | AED 19.8m | 1,907 | 100% |
| 20 | Ginco Properties | 13 | 1 | AED 18.5m | 2,039 | 100% |
| 21 | Dubai Properties Group | 13 | 2 | AED 17.0m | 1,028 | 0% |
| 22 | Keymaven | 12 | 1 | AED 31.3m | 1,707 | 100% |
| 23 | Bando Engineering | 10 | 1 | AED 17.3m | 1,134 | 0% |
| 24 | Rose Homes Investment | 9 | 1 | AED 7.9m | 1,072 | 0% |
| 25 | DarGlobal | 8 | 1 | AED 23.3m | 2,824 | 100% |
| 26 | EMIRATES NATIONAL INVESTMENT CO | 7 | 1 | AED 11.6m | 1,260 | 0% |
| 27 | ANAX Developments | 7 | 1 | AED 10.4m | 2,379 | 100% |
| 28 | Damac Star Properties / DAMAC Properties | 6 | 1 | AED 14.1m | 1,648 | 0% |
| 29 | Arabian Gulf Properties | 6 | 1 | AED 5.7m | 1,654 | 0% |
| 30 | Markaz | 5 | 1 | AED 8.6m | 1,375 | 0% |
| 31 | RKM Durar / Dar Global | 5 | 1 | AED 8.5m | 1,924 | 0% |
| 32 | MAG Group | 5 | 1 | AED 6.2m | 2,317 | 0% |
| 33 | R.Evolution | 4 | 1 | AED 60.0m | 3,859 | 100% |
| 34 | Kasco Developments, per two guide pages | 4 | 1 | AED 8.1m | 1,919 | 0% |
| 35 | Deyaar Development | 4 | 2 | AED 4.7m | 1,201 | 0% |
| 36 | Tanmiyat Global / Tanmiyat Group | 4 | 1 | AED 3.3m | 1,638 | 0% |
| 37 | Xtreme Vision | 2 | 1 | AED 66.2m | 3,766 | 0% |
| 38 | Orion Real Estate Development | 2 | 1 | AED 3.3m | 1,596 | 100% |
Largest sales
The 10 highest prices in Q2 2024.
| Tower or project | Home | Price | AED per sq ft | Date | Type |
|---|---|---|---|---|---|
| The Vela Dorchester Collection | Apartment, 4 bed | AED 74.0m | 8,750 | 21 May | Off-plan |
| The Ritz - Carlton Residences | Apartment, 6 bed | AED 54.0m | 4,260 | 3 May | Off-plan |
| Volante | Apartment, 5 bed | AED 45.7m | 3,469 | 12 Jun | Ready |
| The Vela Dorchester Collection | Apartment, 3 bed | AED 44.6m | 7,376 | 26 May | Off-plan |
| Bugatti Residences By Binghatti | Apartment, 4 bed | AED 39.6m | 5,100 | 11 Jun | Off-plan |
| The Vela Dorchester Collection | Apartment, 3 bed | AED 36.4m | 6,082 | 26 Jun | Off-plan |
| Eywa | Apartment, 3 bed | AED 26.9m | 5,495 | 30 May | Off-plan |
| The Ritz - Carlton Residences | Apartment, 4 bed | AED 24.6m | 4,397 | 20 May | Off-plan |
| Bugatti Residences By Binghatti | Apartment, 3 bed | AED 22.0m | 4,323 | 11 Jun | Off-plan |
| Jumeirah Living Business Bay | Apartment, 4 bed | AED 21.6m | 4,115 | 31 May | Off-plan |
How these figures are made
Source: our record of unit sales registered in Dubai, read to 13 October 2026. A sale is counted on its registered date.
Left out: land, whole buildings and bulk transactions. AED per sq ft is the median of the sales with a size.
Before 24 September 2026 our record holds about 84% of sales, so a figure before that date reads low and a change across that date reads high.