From the desk

Business Bay apartment prices: what the register shows, tower by tower

Owners and buyers

This page is for owners and buyers in Business Bay. It explains what the Dubai Land Department's register of completed sales says about prices here, in plain words, and every figure in it comes from that register.

See what homes like yours really sold for, in your building and your community, from the Land Department's own record.

In the twelve months to 26 August 2026, 2,092 homes were registered as resales in Business Bay, across 85 buildings and projects. Source: Dubai Land Department registered transactions, the register read to 26 August 2026.

Business Bay is the busiest resale market in Dubai that most price guides describe with a single number, and it is the one district where a single number is most certainly wrong. The reason is not the towers. It is that Business Bay is genuinely mixed use, and close to half of everything the Land Department registers here is not a home at all.

In the twelve months to 26 August 2026, the Dubai Land Department registered 2,092 home resales across Business Bay, over 85 buildings that traded in the period. The busiest were Peninsula Three (124 registered resales, median AED 1.75 million, about AED 2,674 per square foot), Damac Towers By Paramount (96 resales, median AED 1.6 million) and Prive By Damac (87 resales, median AED 1.05 million).

The offices are the reason the averages you have seen are wrong

The register types every Business Bay transaction by product: a flat, an office, a shop, a hotel room. Close to half of the district's registered resales are offices, shops and hotel stock, and their prices behave nothing like an apartment's. Blend them and you get a number that describes no buyer and no seller. The Desk routes every one of them out before a single figure is computed, counts them openly on the district page, and publishes only what the register calls a home. If a price you have been quoted for Business Bay looks strange, this is the most likely reason.

Why the building is the unit

Even among the homes the spread is wide. Business Bay's towers went up over more than a decade, by many developers, along the canal and away from it, and two buildings a few hundred metres apart can register medians that differ by a factor of two. The Desk therefore publishes the district for a building, never for one home: 85 buildings that traded in that time, each with its own count, median, range and per-square-foot rate, and its window split by bedroom count where the register carries one. The register names more buildings still that have never registered a resale; they are listed and they wait.

What the history shows

The register holds Business Bay resales since 2010, 18,385 home resales in total, so the established towers have a long record and their medians move slowly. The newest handovers register high first-year volume as off-plan buyers sell on; those medians are real registered prices but describe a building's first year of trading rather than a settled market. The Land Department also records transfers at below-market values, which is why the Desk leads with the median and the count and never prints the lowest transfer in a building as its price.

The free desk page carries every building with its twelve-month figures, its bedroom split and its registered rents. The paid report carries the year-by-year record for the whole district and every registered sale row by row.

Questions people ask

How many apartments sold in Business Bay in the last year?

The Dubai Land Department registered 2,092 home resales across Business Bay in the twelve months to 26 August 2026. Offices, shops and hotel stock are registered separately and are not counted in that figure.

Which Business Bay building had the most sales?

Peninsula Three, with 124 registered resales at a median of AED 1.75 million in the twelve months to 26 August 2026.

Why is your Business Bay figure lower than others I have seen?

Because close to half of what the Land Department registers in Business Bay is offices, shops and hotel stock rather than homes. The Desk excludes them from every home figure and counts them openly on the district page.

Are these asking prices?

No. Every figure is a transfer registered with the Dubai Land Department, published for a building, never for one home.