Business Bay Market Report: October 2026

Residential sales transactions in Business Bay totalled 344 in October 2026, worth AED 835 million. Sales rose 4.9% month-on-month. Off-plan sales accounted for 28% of the total and owner resales 51%.

The median apartment price in Business Bay was AED 2,018 per sq ft in October 2026, across 344 sales; it remained stable month-on-month, and was 22% above the Dubai median.

The monthly median apartment price in Business Bay declined 25.5% between January 2026 and October 2026.

In Business Bay in October 2026, median prices were AED 1.8 million for a 1-bedroom apartment (183 sales); AED 2.4 million for a 2-bedroom apartment (70 sales).

The median rental rate on new apartment lease registrations (Ejari) in Business Bay was AED 118 per sq ft a year in October 2026, across 2,124 registrations. 2,126 new leases and 1,085 renewals were registered with Ejari.

The gross rental yield on ready apartments in Business Bay was 6.4% in October 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 October 2026, the median apartment price of AED 2,018 per sq ft is approximately $549 per sq ft; the median new apartment rental rate of AED 118 per sq ft a year is approximately $32.

9 prime sales (AED 10 million and above) were recorded in Business Bay in October 2026, worth AED 164 million and accounting for 2.6% of sales. Villas and townhouses accounted for 0 of them and off-plan sales for 6. They included 1 super-prime sales ($10 million and above, approximately AED 37 million), worth AED 46.2 million.

The median apartment price in Business Bay was 22% above the Dubai median in October 2026, at AED 2,018 per sq ft compared with AED 1,661.

Regalia by Deyaar recorded the most sales of any building in Business Bay in October 2026, with 30 sales worth AED 45.8 million.

Binghatti recorded the most off-plan sales in Business Bay in October 2026, with 46 sales worth AED 144 million, accounting for 47% of off-plan sales. It was followed by Danube (11), DAMAC (8).

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.