Business Bay Market Report: September 2026

Residential sales transactions in Business Bay totalled 328 in September 2026, worth AED 729 million. Sales rose 4.5% month-on-month. Off-plan sales accounted for 34% of the total and owner resales 52%.

The median apartment price in Business Bay was AED 2,027 per sq ft in September 2026, across 328 sales; it declined 4.6% month-on-month, and was 22% above the Dubai median.

The monthly median apartment price in Business Bay declined 25.2% between January 2026 and September 2026.

In Business Bay in September 2026, median prices were AED 1.9 million for a 1-bedroom apartment (162 sales); AED 2.5 million for a 2-bedroom apartment (67 sales).

The median rental rate on new apartment lease registrations (Ejari) in Business Bay was AED 116 per sq ft a year in September 2026, across 2,388 registrations. New villa and townhouse lease registrations had a median rental rate of AED 693,039 a year, across 2 registrations. 2,437 new leases and 991 renewals were registered with Ejari.

The gross rental yield on ready apartments in Business Bay was 6.6% in September 2026, comparing median new rents with median ready sale prices per sq ft.

The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Business Bay in September 2026, the median apartment price of AED 2,027 per sq ft is approximately $552 per sq ft; the median new apartment rental rate of AED 116 per sq ft a year is approximately $32.

4 prime sales (AED 10 million and above) were recorded in Business Bay in September 2026, worth AED 70.2 million and accounting for 1.2% of sales. Villas and townhouses accounted for 0 of them and off-plan sales for 4.

The median apartment price in Business Bay was 22% above the Dubai median in September 2026, at AED 2,027 per sq ft compared with AED 1,662.

Binghatti Aquarise by Binghatti recorded the most sales of any building in Business Bay in September 2026, with 38 sales worth AED 79.7 million.

Binghatti recorded the most off-plan sales in Business Bay in September 2026, with 66 sales worth AED 180 million, accounting for 58% of off-plan sales. It was followed by Alseeb (9), Deyaar (6).

Median price

The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.

Price per sq ft

Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.

Off-plan and ready

Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.

Sub-community and building

Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.

Ejari

Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.

Gross rental yield

Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.

DLD area and community

The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.

⚠ Small sample

A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.