From the name of this area, it is immediately clear that it is the heart of Dubai’s business, the concentration of business and financial organizations. The construction of Business Bay started in 2003, this area is actively living its own life, attracting businessmen and vacationers from all over the world.
The area has elite residential real estate, business centers, and office buildings. There are also many entertainment centers, cafes, and restaurants. Skyscrapers dominate the buildings. At the moment, construction continues. In total, it is planned to build 240 high-rise buildings.
There are many recreational facilities on the banks of the artificial canal that flow through the area. Business Bay is an ideal place for purposeful business people who are engaged in business and like to relax comfortably in their free time. That is one of the reasons to search for property in Business Bay for sale.
About Business Bay
The area is adjacent to the cultural center of Dubai, which is a definite advantage for those who want to see local attractions. Also next to Business Bay is the fashion and design quarter. The northern part is bordered by a major highway that will lead to anywhere in the emirate and the international airport.
In the middle of the quarter, there is an artificial canal through which ferries run. In addition to water transport, convenient bus routes and metro are available in Business Bay.
All conditions are created for car owners in the business quarter. Each apartment owner has a personal parking space. There are also many paid and free parking spaces, so it is possible to move freely by car and find a place for it everywhere.
For parents of young children, a large selection of preschools is available, including those using Western educational methods and proven practices for early development. There are several prestigious schools within 5-10 minutes from the area for older children. For students, there are more than 400 educational organizations concentrated in the Knowledge Park educational center.
A general hospital in the district accepts patients with different diagnoses. In addition, in 15 minutes, you can get to a medical facility that successfully deals with severe patients with complex diseases.
There are no religious sites in the area, but several mosques and Christian and Catholic churches are located in the adjacent neighborhoods. You can get to them in just 10-20 minutes.
The quarter houses a large shopping and entertainment center with a total area of more than 18,000 square meters. In the shopping center, you can buy goods from world-famous brands, and visit a cozy cafe and a sports club. There are also many supermarkets and small shops in the area.
A 10-minute drive from Business Bay is a free beach with clean white sand. There is everything you need for a good rest and numerous cafes. You can relax next to the water in the quarter itself. A magnificent embankment was built on the canal banks, specially created for walking.
Lovers of delicious food will find many bars, cafes, and restaurants. There are both small establishments where you can have a bite to eat in the middle of the working day and elite restaurants where you can spend a gala evening or a meeting with important business partners.
Economic magnificence of Business Bay
In 2017, Business Bay was rated as the 5th most exciting location on the earth. Closeness to the sights of Downtown Dubai’s advanced infrastructure and active life invariably draws travelers from all over the world.
And since Business Bay is the business center, there is still a strong need for retail premises and residential property in Dubai, as a considerable balance of office and retail employees are expats. Specialists predict that the regional economy will grow by an average of 5-9% per year for several years. Every month, hundreds of local and international companies open their offices in Dubai, which means they will need sites.
Business Bay belongs to the freehold regions: here, you can purchase residential and commercial real estate in full request. The place became one of the most popular among investors looking for affordable apartments.
Featured properties for sale
In the ready-made real estate market of Business Bay, the 35-storey residential building Volante Tower is famous among investors. It was constructed in 2017 in the very center of the community, next to the channel. There are 45 flats in Dubai with 2-5 bedrooms, and pets can be accommodated in the residential complex.
The min cost for a 2-bedroom flat here is AED 16,630,000 ($4,500,000).
Of the off-plan projects in Dubai, the Zada Tower from Damac Properties is prevalent, where only one-room apartments are offered for sale. The realization of the building was organized for the end of 2022. Apartment owners will be provided with maximum comfort:
- swimming pools;
- fully equipped kitchens;
- central air conditioning;
- hidden parking;
- security;
- an open-air cinema.
The min cost of apartments in Zada Tower is 713,000 dirhams ($194,000).
Attractions
The artificial canal is the main attraction of the area. It serves as a transport artery and a zone for walking, sports, and recreation. There is a bridge across the canal, and the artificial waterfall is illuminated with colorful lights in the evening.
A hotel with a height of 355 meters has been built in Business Bay. JW Marriott Marquis is the 2nd tallest hotel in the world.
Fans of spectacular events should visit La Perle by Dragone. This is a unique theater where you can see vivid acrobatic performances on the water.
In 2020, an unusual skyscraper with a through an opening in the center was erected in the business district. The unique architectural structure has mirrored walls, and at night the future.
Real estate in Dubai
Experienced specialists of the real estate agency in Dubai AX CAPITAL will help you find apartments for relocation or as an investment. You can get acquainted with the available offers in real-time. Leave a request through the feedback form, and the specialists will answer all your questions in detail, select a quality object, fully take care of the transaction and provide after-sales service.
