Business Bay home sales: Q3 2024
July to September 2024
Number 3 of 99 Dubai communities by sales in Q3 2024. See all of Dubai.
2,293 homes sold in Business Bay for AED 4.79bn in Q3 2024. That is 16% fewer than the quarter before and 10% fewer than Q3 2023. 63% 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 sold2,293-16% on the quarter before-10% on Q3 2023
ValueAED 4.79bn-20% on the quarter before-7% on Q3 2023
AED per sq ft (median)2,398-2% on the quarter before+2% on Q3 2023
Off-plan share63%-3 points on the quarter before-6 points on Q3 2023
Sales in each of the last 6 quarters
Business Bay. The yellow bar is Q3 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
5 towers and projects had their first recorded sale in Q3 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 |
|---|---|---|---|---|---|
| Century Tower | 9 Jul 2024 | 167 | AED 194m | 1,853 | Off-plan |
| Tiger Sky Tower | 15 Jul 2024 | 5 | AED 14.5m | 2,581 | Off-plan |
| Canal Bay | 16 Sep 2024 | 2 | AED 4.7m | 1,778 | Ready |
| Vela Viento By Omniyat | 14 Aug 2024 | 2 | AED 47.9m | 6,176 | Off-plan |
| Royal Regency Suites Tower Two | 20 Sep 2024 | 1 | AED 1.4m | 2,058 | Off-plan |
By tower
127 towers and projects had a sale.
| # | Tower or project | Sales | Change | Value | AED per sq ft | Type |
|---|---|---|---|---|---|---|
| 1 | Bayz 101 by Danube | 450 | -28% | AED 979m | 3,182 | Off-plan |
| 2 | Rove Home Marasi Drive | 247 | +157% | AED 382m | 2,795 | Off-plan |
| 3 | Century Tower | 167 | new | AED 194m | 1,853 | Off-plan |
| 4 | Al Habtoor Tower | 104 | -5% | AED 320m | 2,573 | Off-plan |
| 5 | SOL Bay | 57 | +128% | AED 94.9m | 1,983 | Ready |
| 6 | Nobles Tower | 36 | -37% | AED 64.6m | 1,684 | Off-plan |
| 7 | Trillionaire Residences | 35 | -73% | AED 67.3m | 2,624 | Off-plan |
| 8 | Peninsula Four | 30 | +36% | AED 78.6m | 2,371 | Off-plan |
| 9 | The Crestmark | 29 | +38% | AED 96.9m | 2,755 | Off-plan |
| 10 | The Quayside | 27 | +108% | AED 74.0m | 2,479 | Off-plan |
| 11 | Aykon City Tower C | 27 | +12% | AED 37.8m | 1,993 | Ready |
| 12 | Peninsula One | 26 | -47% | AED 39.9m | 2,525 | Off-plan |
| 13 | Regalia By Deyaar | 26 | -21% | AED 31.9m | 1,850 | Off-plan |
| 14 | Canal Crown 1 | 25 | +4% | AED 66.5m | 2,912 | Off-plan |
| 15 | VYB | 25 | +92% | AED 38.5m | 2,034 | Off-plan |
| 16 | Residence 110 | 24 | +9% | AED 71.8m | 1,830 | Ready |
| 17 | Urban Oasis | 23 | -4% | AED 48.9m | 2,176 | Off-plan |
| 18 | Aykon City Tower B | 23 | +53% | AED 25.9m | 1,715 | Ready |
| 19 | One River Point | 22 | -67% | AED 93.6m | 2,598 | Off-plan |
| 20 | Reva Residences | 22 | -21% | AED 23.8m | 2,125 | Ready |
| 21 | Aykon City Tower D | 20 | -35% | AED 56.4m | 3,147 | Off-plan |
| 22 | Ahad Residences | 20 | -5% | AED 33.7m | 2,330 | Ready |
| 23 | Peninsula Three | 20 | -58% | AED 28.0m | 2,425 | Off-plan |
| 24 | Damac Maison Prive B | 20 | +54% | AED 25.0m | 2,299 | Ready |
| 25 | Damac Maison Prive A | 20 | -17% | AED 22.9m | 2,439 | Ready |
| 26 | Burj Binghatti Jacob & Co | 19 | -24% | AED 208m | 2,525 | Off-plan |
| 27 | DG1 | 19 | +138% | AED 64.8m | 2,522 | Off-plan |
| 28 | UPSIDE Living | 19 | -70% | AED 31.5m | 2,950 | Ready |
| 29 | Merano Tower | 19 | +46% | AED 22.2m | 1,653 | Ready |
| 30 | Paramount Tower Hotel & Residences | 18 | -22% | AED 38.9m | 1,799 | Ready |
| 31 | Dolphin Tower | 18 | new | AED 29.6m | 3,509 | Ready |
| 32 | Peninsula Five | 16 | -45% | AED 42.8m | 2,304 | Off-plan |
| 33 | Bay Square Building 9 | 16 | -59% | AED 18.7m | 1,284 | Ready |
| 34 | Damac Maison Cour Jardin | 16 | +33% | AED 15.8m | 1,480 | Ready |
| 35 | SLS Dubai Hotel & Residences | 15 | -17% | AED 35.2m | 2,236 | Ready |
| 36 | Damac Towers by Paramount, Tower A | 15 | +88% | AED 30.4m | 1,544 | Ready |
| 37 | The Bay | 15 | -35% | AED 23.5m | 1,369 | Ready |
| 38 | Churchill Residency Tower | 15 | +114% | AED 22.3m | 1,317 | Ready |
| 39 | Elite Business Bay Residence | 14 | +75% | AED 17.1m | 1,529 | Ready |
| 40 | Sky Bay Hotel | 14 | 0% | AED 7.8m | 4,145 | Ready |
| 41 | Canal Crown 2 | 13 | -90% | AED 32.8m | 2,669 | Off-plan |
| 42 | Executive Tower J | 13 | +8% | AED 27.7m | 1,291 | Ready |
| 43 | Bay's Edge | 13 | +117% | AED 17.8m | 1,604 | Ready |
| 44 | Ontario Tower | 13 | +44% | AED 11.0m | 1,059 | Ready |
| 45 | Marquise Square Tower | 12 | +9% | AED 19.8m | 1,929 | Ready |
| 46 | Executive Tower B | 12 | +50% | AED 18.2m | 1,177 | Ready |
| 47 | Bayz by Danube | 12 | -50% | AED 10.6m | 1,754 | Ready |
| 48 | Noura Tower | 11 | -21% | AED 28.4m | 1,693 | Ready |
| 49 | Executive Tower K | 11 | -8% | AED 25.4m | 1,370 | Ready |
| 50 | Executive Tower M | 11 | 0% | AED 25.1m | 1,381 | Ready |
| 51 | The Sterling East | 11 | +120% | AED 21.8m | 2,232 | Ready |
| 52 | The Sterling West | 10 | -67% | AED 27.0m | 2,269 | Ready |
| 53 | Amna | 10 | +67% | AED 23.5m | 1,723 | Ready |
| 54 | Royal Regency | 10 | -76% | AED 20.4m | 1,745 | Off-plan |
| 55 | The Pad | 10 | +11% | AED 17.5m | 2,449 | Ready |
| 56 | Vera Residences | 10 | -33% | AED 14.2m | 1,720 | Ready |
| 57 | AG Tower | 10 | +67% | AED 11.8m | 1,493 | Ready |
| 58 | DAMAC Majestine | 10 | +43% | AED 8.7m | 1,850 | Ready |
| 59 | Ubora Tower 1 | 9 | -10% | AED 14.2m | 1,119 | Ready |
| 60 | MAG 318 | 9 | +80% | AED 12.0m | 2,335 | Ready |
| 61 | The One Hotel | 9 | 0% | AED 11.4m | 4,294 | Ready |
| 62 | Park Central | 9 | was 3 | AED 7.2m | 1,347 | Ready |
| 63 | Millennium Atria | 8 | was 3 | AED 17.3m | 1,432 | Ready |
| 64 | Damac Towers by Paramount, Tower D | 8 | +33% | AED 16.4m | 1,442 | Ready |
| 65 | Canal Heights | 8 | was 4 | AED 16.0m | 2,397 | Off-plan |
| 66 | Millennium Binghatti Residences | 8 | -20% | AED 11.2m | 1,565 | Ready |
| 67 | Avanti | 8 | was 2 | AED 8.9m | 1,215 | Ready |
| 68 | Zada Tower | 8 | -68% | AED 8.0m | 2,109 | Ready |
| 69 | Scala Tower | 8 | -43% | AED 7.5m | 1,146 | Ready |
| 70 | Terraces Marasi Drive | 7 | -42% | AED 26.1m | 1,996 | Off-plan |
| 71 | Executive Tower G | 7 | was 4 | AED 17.6m | 1,353 | Ready |
| 72 | Damac Towers by Paramount, Tower B | 7 | -59% | AED 12.1m | 1,555 | Ready |
| 73 | Vento Tower | 7 | 0% | AED 11.1m | 2,998 | Off-plan |
| 74 | The Edge | 7 | -85% | AED 10.5m | 2,399 | Off-plan |
| 75 | 15 Northside Tower 2 | 7 | was 2 | AED 10.2m | 2,481 | Ready |
| 76 | Safeer Tower 1 | 7 | 0% | AED 9.9m | 1,226 | Ready |
| 77 | 15 Northside Tower 1 | 7 | -50% | AED 9.7m | 2,499 | Ready |
| 78 | Mayfair Tower | 7 | was 1 | AED 6.1m | 1,421 | Ready |
| 79 | Executive Bay A | 7 | +40% | AED 5.9m | 1,377 | Ready |
| 80 | Executive Tower F | 6 | +20% | AED 12.9m | 1,291 | Ready |
| 81 | Peninsula Two | 6 | -88% | AED 10.5m | 2,391 | Off-plan |
| 82 | The Residences at Business Central | 6 | -45% | AED 9.4m | 1,455 | Ready |
| 83 | Binghatti Canal | 6 | -54% | AED 8.5m | 2,156 | Ready |
| 84 | Capital Bay Tower A | 6 | -50% | AED 5.8m | 1,297 | Ready |
| 85 | Hamilton Tower | 6 | -71% | AED 5.7m | 1,253 | Ready |
| 86 | The Court | 6 | was 4 | AED 4.9m | 1,481 | Ready |
| 87 | Tiger Sky Tower | 5 | new | AED 14.5m | 2,581 | Off-plan |
| 88 | Plaza Boutique 1 | 5 | -44% | AED 11.6m | 1,292 | Ready |
| 89 | West Bay Tower | 5 | was 2 | AED 6.3m | 1,529 | Off-plan |
| 90 | Capital Bay Tower B | 5 | -38% | AED 5.9m | 1,121 | Ready |
| 91 | Damac Maison The Vogue | 5 | was 4 | AED 4.8m | 1,625 | Ready |
| 92 | Bugatti Residences By Binghatti | 4 | was 3 | AED 81.0m | 3,878 | Off-plan |
| 93 | Meera | 4 | was 2 | AED 12.0m | 1,994 | Ready |
| 94 | Executive Tower C | 4 | was 4 | AED 11.9m | 1,171 | Ready |
| 95 | Mama Shelter Residences | 4 | -69% | AED 6.6m | 2,401 | Off-plan |
| 96 | Damac Maison Canal Views | 4 | -60% | AED 5.5m | 1,537 | Ready |
| 97 | Windsor Manor | 4 | was 3 | AED 5.4m | 1,177 | Ready |
| 98 | Fairview Residency | 4 | was 2 | AED 4.6m | 1,327 | Ready |
| 99 | The Paragon by IGO | 4 | -69% | AED 4.5m | 1,790 | Off-plan |
| 100 | Damac Towers by Paramount, Tower C | 4 | -50% | AED 3.9m | 1,940 | Ready |
| 101 | The Ritz - Carlton Residences | 3 | was 4 | AED 94.2m | 4,582 | Off-plan |
| 102 | Jumeirah Living Business Bay | 3 | -67% | AED 33.9m | 3,526 | Off-plan |
| 103 | Executive Tower H | 3 | was 4 | AED 11.8m | 1,518 | Ready |
| 104 | J ONE Tower A | 3 | -40% | AED 9.4m | 2,325 | Ready |
| 105 | Canal Heights 2 | 3 | -57% | AED 8.2m | 2,778 | Off-plan |
| 106 | Executive Tower E | 3 | -75% | AED 7.3m | 1,366 | Ready |
| 107 | Safeer Tower 2 | 3 | was 1 | AED 7.3m | 1,355 | Ready |
| 108 | Bay Square Building 6 | 3 | was 1 | AED 3.9m | 1,349 | Ready |
| 109 | West Wharf | 3 | was 3 | AED 3.5m | 1,289 | Ready |
| 110 | Clayton Residency | 3 | -50% | AED 3.0m | 1,305 | Ready |
| 111 | Vela Viento By Omniyat | 2 | new | AED 47.9m | 6,176 | Off-plan |
| 112 | The Opus | 2 | was 3 | AED 6.1m | 2,745 | Ready |
| 113 | Vezul Residence | 2 | -60% | AED 4.8m | 1,467 | Ready |
| 114 | Canal Bay | 2 | new | AED 4.7m | 1,778 | Ready |
| 115 | Waves Tower | 2 | was 4 | AED 3.4m | 1,723 | Ready |
| 116 | Luxury Family Residences | 2 | -92% | AED 2.3m | 1,788 | Off-plan |
| 117 | The Vela Dorchester Collection | 1 | was 3 | AED 42.9m | 6,808 | Off-plan |
| 118 | Eywa | 1 | was 4 | AED 19.8m | 3,828 | Off-plan |
| 119 | Plaza Boutique 3 | 1 | new | AED 6.7m | 1,096 | Ready |
| 120 | Plaza Boutique 5 | 1 | new | AED 3.9m | 1,494 | Ready |
| 121 | West Five Business Bay Residences | 1 | -92% | AED 3.0m | 2,605 | Off-plan |
| 122 | Chic Tower | 1 | -95% | AED 1.9m | 2,393 | Off-plan |
| 123 | Bay Square Building 2 | 1 | was 1 | AED 1.5m | 968 | Ready |
| 124 | Royal Regency Suites Tower Two | 1 | new | AED 1.4m | 2,058 | Off-plan |
| 125 | Bay Square Building 7 | 1 | -80% | AED 1.3m | 1,048 | Ready |
| 126 | Mayfair Residency | 1 | -80% | AED 890,000 | 1,429 | Ready |
| 127 | Park Lane Tower | 1 | was 1 | AED 608,800 | 1,697 | Ready |
By developer
39 developers had a sale in a tower we have named.
| # | Developer | Sales | Towers | Value | AED per sq ft | Off-plan |
|---|---|---|---|---|---|---|
| 1 | Danube Properties | 462 | 2 | AED 990m | 3,174 | 97% |
| 2 | DAMAC Properties | 234 | 19 | AED 352m | 1,824 | 15% |
| 3 | AMBS Real Estate Development | 167 | 1 | AED 194m | 1,853 | 100% |
| 4 | Select Group | 146 | 10 | AED 336m | 2,384 | 74% |
| 5 | Al Habtoor Group | 129 | 4 | AED 384m | 2,457 | 81% |
| 6 | DAMAC | 91 | 7 | AED 159m | 2,395 | 36% |
| 7 | Ellington Properties | 78 | 3 | AED 265m | 2,617 | 100% |
| 8 | Dubai Properties | 73 | 10 | AED 156m | 1,335 | 0% |
| 9 | SOL Properties Development LLC | 57 | 1 | AED 94.9m | 1,983 | 0% |
| 10 | Binghatti Developers | 53 | 4 | AED 168m | 2,486 | 74% |
| 11 | Deyaar | 48 | 6 | AED 63.5m | 1,505 | 54% |
| 12 | Tiger Properties | 41 | 2 | AED 79.1m | 1,783 | 100% |
| 13 | The First Group | 41 | 3 | AED 48.8m | 3,720 | 0% |
| 14 | Omniyat | 36 | 6 | AED 163m | 2,359 | 8% |
| 15 | Damac Properties | 26 | 2 | AED 29.9m | 1,601 | 0% |
| 16 | Ginco Properties | 25 | 1 | AED 38.5m | 2,034 | 100% |
| 17 | Dar Al Arkan / Dar Global | 23 | 1 | AED 48.9m | 2,176 | 61% |
| 18 | DarGlobal | 19 | 1 | AED 64.8m | 2,522 | 100% |
| 19 | World of Wonders Real Estate Development | 15 | 1 | AED 35.2m | 2,236 | 0% |
| 20 | EMIRATES NATIONAL INVESTMENT CO | 15 | 1 | AED 22.3m | 1,317 | 0% |
| 21 | Al Seeb Real Estate Development | 14 | 3 | AED 29.2m | 1,716 | 79% |
| 22 | Dubai Properties Group | 13 | 2 | AED 19.5m | 1,163 | 0% |
| 23 | Rose Homes Investment | 13 | 1 | AED 11.0m | 1,059 | 0% |
| 24 | Deyaar Development | 11 | 2 | AED 11.5m | 1,320 | 0% |
| 25 | Arabian Gulf Properties | 10 | 1 | AED 11.8m | 1,493 | 0% |
| 26 | Bando Engineering | 9 | 1 | AED 14.2m | 1,119 | 0% |
| 27 | MAG Group | 9 | 1 | AED 12.0m | 2,335 | 0% |
| 28 | Damac Star Properties / DAMAC Properties | 8 | 1 | AED 16.4m | 1,442 | 0% |
| 29 | Al Madar Holdings | 8 | 1 | AED 7.5m | 1,146 | 0% |
| 30 | Keymaven | 7 | 1 | AED 26.1m | 1,996 | 100% |
| 31 | ANAX Developments | 7 | 1 | AED 11.1m | 2,998 | 100% |
| 32 | Tanmiyat Global / Tanmiyat Group | 6 | 1 | AED 4.9m | 1,481 | 0% |
| 33 | Orion Real Estate Development | 5 | 1 | AED 6.3m | 1,529 | 100% |
| 34 | Invest Group Overseas, part of MAG Group | 4 | 1 | AED 4.5m | 1,790 | 100% |
| 35 | RKM Durar / Dar Global | 3 | 1 | AED 9.4m | 2,325 | 0% |
| 36 | Markaz | 2 | 1 | AED 4.8m | 1,467 | 0% |
| 37 | NED Properties | 2 | 1 | AED 4.7m | 1,778 | 0% |
| 38 | Kasco Developments, per two guide pages | 2 | 1 | AED 3.4m | 1,723 | 0% |
| 39 | R.Evolution | 1 | 1 | AED 19.8m | 3,828 | 100% |
Largest sales
The 10 highest prices in Q3 2024.
| Tower or project | Home | Price | AED per sq ft | Date | Type |
|---|---|---|---|---|---|
| The Ritz - Carlton Residences | Apartment, 6 bed | AED 58.0m | 4,582 | 12 Sep | Off-plan |
| The Vela Dorchester Collection | Apartment, 3 bed | AED 42.9m | 6,808 | 20 Aug | Off-plan |
| Burj Binghatti Jacob & Co | Apartment, 6 bed | AED 32.6m | 4,842 | 23 Sep | Off-plan |
| The Ritz - Carlton Residences | Apartment, 4 bed | AED 27.2m | 4,865 | 16 Aug | Off-plan |
| Bugatti Residences By Binghatti | Apartment, 3 bed | AED 25.0m | 3,828 | 5 Sep | Off-plan |
| Vela Viento By Omniyat | Apartment, 3 bed | AED 24.3m | 6,263 | 14 Aug | Off-plan |
| Vela Viento By Omniyat | Apartment, 3 bed | AED 23.6m | 6,089 | 16 Aug | Off-plan |
| Bugatti Residences By Binghatti | Apartment, 3 bed | AED 22.0m | 4,332 | 24 Jul | Off-plan |
| Bugatti Residences By Binghatti | Apartment, 3 bed | AED 20.0m | 3,929 | 11 Jul | Off-plan |
| Eywa | Apartment, 3 bed | AED 19.8m | 3,828 | 2 Sep | 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.