According to Dubai Land Department records, the 12 months leading up to June 2026 saw 2,976 ready apartment sales completed in Business Bay's secondary market (Existing Properties). The average sale price for these transactions was AED 1,979,000, translating to approximately AED 1,998 per square foot.
When compared to the preceding 12-month period, the volume of transactions decreased by 20%, falling from 3,713 sales. Despite this reduction in deal flow, the average price experienced a modest increase of 1.7% year-on-year. This trend suggests a market characterized by fewer transactions but generally stable pricing, a scenario that often favors well-informed and decisive buyers.
For those considering investment, gross rental yields in Business Bay currently stand at around 7.1%, calculated from registered tenancy contracts against sale prices. The composition of units sold reveals key buyer preferences: one-bedroom apartments accounted for 40% of sales, studios for 29%, and two-bedroom units for 23%. This breakdown indicates that smaller, more liquid units continue to be the dominant choice for transactions in Business Bay.
Prices by unit type
| Unit type | Sales | Avg price | Avg PSF | Avg annual rent | Yield |
|---|---|---|---|---|---|
| Studio | 863 | AED 948,000 | AED 2,274 | AED 74,010 | 7.8% |
| 1 Bedroom | 1,191 | AED 1,512,000 | AED 1,885 | AED 100,430 | 6.6% |
| 2 Bedroom | 698 | AED 2,407,000 | AED 1,822 | — | — |
| 3 Bedroom | 191 | AED 5,095,000 | AED 2,017 | — | — |
| 4 Bedroom | 26 | AED 12,437,000 | AED 2,311 | AED 346,772 | 2.8% |
| 5 Bedroom | 7 | AED 42,024,000 | AED 3,248 | AED 4,200,000 | 10.0% |
Averages from DLD ready (Existing Properties) sales and registered tenancy contracts over the trailing 12 months. Yield is indicative gross rent ÷ price.
Average price trend (12 months)
Most active buildings
- Aykon City-Tower B120 sales · AED 1,067,000 avg
- Canal Bay88 sales · AED 2,463,000 avg
- Aykon City (2) -Tower C84 sales · AED 1,465,000 avg
- Peninsula Three75 sales · AED 1,807,000 avg
- Peninsula One74 sales · AED 2,145,000 avg
Example: a 1-bedroom on a mortgage
On the average 1-bedroom price of AED 1,512,000, a 80% mortgage over 25 years at an illustrative 4.25% rate works out to roughly AED 6,553 per month. Your actual rate and instalment depend on your profile and lender.
What this means for your mortgage
Our view is that at approximately AED 1,998 per square foot, Business Bay continues to offer an accessible entry point into central Dubai. However, the softer transaction volume implies that sellers may be more open to negotiation than the headline average price of AED 1,979,000 might suggest. As a general guide, an average one-bedroom apartment at this price point would typically cost around AED 6,553 per month on an 80% mortgage. Before making an offer, we strongly recommend utilizing our mortgage eligibility calculator to understand your true monthly costs. We can also run a free desktop valuation on any specific building for you.