Recent rental contracts in Business Bay

Latest rental contracts in Business Bay according to Dubai Land Department.

DateProjectTypeArea, m²AED/yrVersion
2026-06-20BAYSWATEROffice69150,000New
2026-06-20Flat143159,999Renewal
2026-06-20The Paragon By IGO Flat240210,000New
2026-06-20Flat127106,002Renewal
2026-06-20OPAL TOWEROffice110330,000New
2026-06-20Flat3742,000Renewal

About Business Bay

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.

Total transactions
95,474
Median price
1.37 M AED
Price per m²
18,083 AED
Rental contracts
282,530