In Business Bay over 3 years, 118,218 rental contracts have been registered according to the Dubai Land Department. Median annual rent — 75,000 AED. Rent per area — 1,247 AED/m²/year.
Business Bay is a Dubai district. All transactions are apartments; villas and townhouses are not built here. About 53% are off-plan purchases in under-construction projects. Most common type — 1-bedroom (29,666 transactions). One of the most active projects — Damac Towers By Paramount. 282,530 rental contracts have also been recorded — the district is attractive for both purchase and long-term living.