In the past year, the Dubai Land Department has recorded 3,054 ready apartment sales in Business Bay, with an average sale price of AED 1,976,000. This translates to approximately AED 1,993 per square foot, indicating a steady demand in the secondary market for Existing Properties.
September 2026 saw 219 ready sales in Business Bay, with prices averaging AED 1,782 per square foot, reflecting a down 6.1% compared to August. This month-on-month data suggests that while sales activity has slowed, the pricing remains resilient.
When we look at the year-over-year comparison, we see that transaction volume has decreased by 16% from 3,658 sales, yet the average price has increased by 2.1%. This scenario indicates a market where buyers are becoming more selective, favoring quality over quantity in their investments.
For those considering investment opportunities, the gross rental yields in the area are around 6.7%, derived from registered tenancy contracts relative to sale prices. The buyer profile is quite telling, with 1-bedroom units making up 39% of transactions, followed by studios at 29% and 2-bedroom apartments at 23%. This trend highlights the ongoing preference for smaller, more liquid units in Business Bay.
Prices by unit type
| Unit type | Sales | Avg price | Avg PSF | Avg annual rent | Yield |
|---|---|---|---|---|---|
| Studio | 898 | AED 946,000 | AED 2,114 | AED 75,548 | 8.0% |
| 1 Bedroom | 1,203 | AED 1,499,000 | AED 1,817 | AED 102,394 | 6.8% |
| 2 Bedroom | 717 | AED 2,481,000 | AED 1,899 | AED 138,896 | 5.6% |
| 3 Bedroom | 190 | AED 5,051,000 | AED 2,218 | AED 199,023 | 3.9% |
| 4 Bedroom | 40 | AED 9,855,000 | AED 2,118 | AED 351,005 | 3.6% |
| 5 Bedroom | 6 | AED 41,778,000 | AED 3,168 | AED 4,200,000 | 10.1% |
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)
| Month | Avg PSF | Change |
|---|---|---|
| Oct 2025 | AED 2,404 | — |
| Jan 2026 | AED 2,197 | -8.6% |
| Apr 2026 | AED 1,846 | -16.0% |
| Jul 2026 | AED 1,757 | -4.8% |
| Sep 2026 | AED 1,782 | +1.4% |
Five points from the same 12-month series as the sparkline (start, 3 / 6 / 9 months, latest). Change is versus the previous row.
Most active buildings
- Peninsula Three137 sales · AED 1,817,000 avg
- Aykon City-Tower B92 sales · AED 1,055,000 avg
- Peninsula One85 sales · AED 2,130,000 avg
- Sky Bay Hotel68 sales · AED 493,000 avg
- Nobles64 sales · AED 1,759,000 avg
Example: a 1-bedroom on a mortgage
On the average 1-bedroom price of AED 1,499,000, a 80% mortgage over 25 years at an illustrative 4.25% rate works out to roughly AED 6,497 per month. Your actual rate and instalment depend on your profile and lender.
What this means for your mortgage
We believe that with prices hovering around AED 1,993 per square foot, Business Bay presents a viable entry point into central Dubai. However, the reduced sales volume indicates that sellers may be more open to negotiations than the average price of AED 1,976,000 suggests. For a clearer financial picture, the average one-bedroom unit at this price level would cost approximately AED 6,497 a month on an 80% mortgage. We recommend using our mortgage eligibility calculator to assess your actual monthly expenses before making an offer. See also TruValue valuation (AED 599; AED 299 with partner coupon).
Order a TruValue valuation (AED 599)
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