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  • The Residences at Business Central, Business Bay
The Residences at Business Central, Business BayReady

The Residences at Business Central, Business Bay

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HIGHLIGHTS

About The Residences at Business Central

Officially known as The Residences at Business Central and informally called RBC Tower, The Residences is a project by DAMAC Properties. Not to be confused with the project of the same name in Downtown Dubai, The Residences (RBC Tower) is located in Business Bay. It lies next to the novel canal-side development that features floating villas at Marasi Marina. Being located at this prime waterfront location, The Residences at Business Central have proximity to Burj Khalifa and a number of other prestigious developments. The project that was proposed in 2007 and was ready by 2013.

Making a total of 23 floors, The Residences at Business Central includes three podium levels and 19 top floors apart from the ground floor. The recreational area is spread across the podium’s rooftop which is delightfully landscaped. The luxury amenities of The Residences at Business Central ranges from leisure spots to health club facilities. These include gymnasium, swimming pool, barbeque stations, an outdoor play area for kids, a retail section on the ground floor and parking facility for residents as well as visitors.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Business Bay
  • Developer: DAMAC Properties
  • Date of completion: 2013
  • Number of floors: 23
  • Unit type: 1, 2 and 3-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Gymnasium, swimming pool, BBQ area, kids’ play area, residents’ lounge, supermarket
business

BUILDING DETAILS

Facilities in The Residences at Business Central

Parking

Available for both guests and residents, parking spaces in The Residences at Business Central are distributed across three podium levels as well as over the ground and basement levels.

Elevators

Residents, visitors as well as the building staff have easy access to every floor through high-speed elevators in The Residences at Business Central.

Security, Central Air-Conditioning and Maintenance Services 

Apartments in The Residences at Business Central are well-maintained with air conditioning and heating system facilities. The security measures include guards, surveillance cameras and intercom systems.

Event Space

RBC Tower has a BBQ area that can be used as an event space for social gatherings and get-togethers.

Gym and Fitness Facilities 

The Residences at Business Central has a fully-equipped gym for fitness enthusiasts. It has a range of high-tech exercise equipment for most types of fitness training. For those looking for other fitness training, they can consider other popular gyms in Business Bay.

Lifestyle Amenities

The swimming pool in The Residences at Business Central exists on the podium’s rooftop. Set at one corner of the common outdoor terrace, the luxury swimming pool includes a Jacuzzi. Parents can bring their children to the play area on the common outdoor terrace.

Concierge and Guest Services 

For any assistance, residents can reach out to the 24-hour concierge services provided at The Residences at Business Central. The building’s lobby is tastefully designed to make guests feel welcomed.

Apartment Types in The Residences at Business Central

Residential properties in The Residences at Business Central consists of 1, 2 and 3-bedroom apartments for rent as well as for sale.

1-Bedroom Apartments in The Residences at Business Central

Varying from small layouts to large plans, the floor area of 1-bed apartments in RBC Tower ranges between 681 sq. ft. and 1,154 sq. ft. Each 1-bedroom unit includes one bedroom, one bathroom, an open kitchen, one washroom for guest, balcony and a combined area for living and dining area.

2-Bedroom Apartments in The Residences at Business Central

2BHK apartments in The Residences at Business Central have floor areas ranging from 1,331 sq. ft. to 1,523 sq. ft. Each of these apartments feature one master bedroom, one general bedroom, two bathrooms, a guest’s toilet, kitchen, balcony and a living room.

1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 11 hours ago

According to Bayut, 1-bed apartments in The Residences at Business Central enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot.

Apartment TypeAverage Rental Price in AED
1-Bed106,000
2-Bed141,000
Based on property listings on Bayut.com over the last 12 months. Last updated 11 hours ago
Amazing View | Ufurnished | Close to Canal
AED89,000Yearly
beds
1
baths
2
area
729 sqft
Amazing View | Ufurnished | Close to CanalThe Residences at Business Central, Business Bay, Dubai, UAE
Fully Furnished |1BR 2 Bathrooms| Modern
AED110,000Yearly
beds
1
baths
2
area
920 sqft
Fully Furnished |1BR 2 Bathrooms| ModernThe Residences at Business Central, Business Bay, Dubai, UAE
Fully Furnished | Burj Khalifa and Creek View
AED115,000Yearly
beds
1
baths
2
area
827 sqft
Fully Furnished | Burj Khalifa and Creek ViewThe Residences at Business Central, Business Bay, Dubai, UAE
Reduced price | Well Maintained | Creek View
AED109,990Yearly
beds
1
baths
2
area
920 sqft
Reduced price | Well Maintained | Creek ViewThe Residences at Business Central, Business Bay, Dubai, UAE
Available Now | Luxury Living | Furnished
AED128,000Yearly
beds
1
baths
2
area
929 sqft
Available Now | Luxury Living | FurnishedThe Residences at Business Central, Business Bay, Dubai, UAE
Fully Furnished | Modern | Spacious
AED115,000Yearly
beds
1
baths
2
area
925 sqft
Fully Furnished | Modern | SpaciousThe Residences at Business Central, Business Bay, Dubai, UAE
Upgraded Unit | Furnished | Mid Floor | Vacant
AED130,000Yearly
beds
1
baths
2
area
930 sqft
Upgraded Unit | Furnished | Mid Floor | VacantThe Residences at Business Central, Business Bay, Dubai, UAE
CANAL AND BURJ KHALIFA VIEW | PRIME LOCATION | OBHK
AED90,000Yearly
beds
1
baths
2
area
956 sqft
CANAL AND BURJ KHALIFA VIEW | PRIME LOCATION | OBHKThe Residences at Business Central, Business Bay, Dubai, UAE
FULLY FUNISHED | HIGH FLOOR | LUXURIOUS | VACANT
AED120,000Yearly
beds
1
baths
2
area
930 sqft
FULLY FUNISHED | HIGH FLOOR | LUXURIOUS | VACANTThe Residences at Business Central, Business Bay, Dubai, UAE
Step into Serenity with our Brand New  Facilities
AED10,998Monthly
beds
1
baths
2
area
710 sqft
Step into Serenity with our Brand New FacilitiesThe Residences at Business Central, Business Bay, Dubai, UAE
Elegant 1-BHK with Stunning Views by Like Home
AED9,999Monthly
beds
1
baths
2
area
729 sqft
Elegant 1-BHK with Stunning Views by Like HomeThe Residences at Business Central, Business Bay, Dubai, UAE
Furnished | 1 Bedroom | RBC Tower
AED110,000Yearly
beds
1
baths
1
area
920 sqft
Furnished | 1 Bedroom | RBC TowerThe Residences at Business Central, Business Bay, Dubai, UAE
LAVISH ONE BED | CANAL & BURJ KHALIFA VIEW | PRIME LOCATION
AED95,000Yearly
beds
1
baths
2
area
956 sqft
LAVISH ONE BED | CANAL & BURJ KHALIFA VIEW | PRIME LOCATIONThe Residences at Business Central, Business Bay, Dubai, UAE
Spacious 1 Bedroom | Furnished | Premium Location
AED115,000Yearly
beds
1
baths
2
area
920 sqft
Spacious 1 Bedroom | Furnished | Premium LocationThe Residences at Business Central, Business Bay, Dubai, UAE
Vacant Apartment at the costal of Business Bay
AED90,000Yearly
beds
1
baths
2
area
729 sqft
Vacant Apartment at the costal of Business BayThe Residences at Business Central, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
View allarrow_circle_right
Apartment TypeAverage Rental Price in AED
1-Bed106,000
2-Bed141,000
Based on property listings on Bayut.com over the last 12 months. Last updated 11 hours ago
2 BR | Upgraded | Vacant | Canal & Burj View
AED2,990,000
beds
2
baths
3
area
1,332 sqft
2 BR | Upgraded | Vacant | Canal & Burj ViewThe Residences at Business Central, Business Bay, Dubai, UAE
Vacant | Higher Floor | Super Spacious | Road View
AED1,349,899
beds
1
baths
2
area
920 sqft
Vacant | Higher Floor | Super Spacious | Road ViewThe Residences at Business Central, Business Bay, Dubai, UAE
High ROI  | STYLING LAYOUT I | MODISH 1BR FURNISHED with COOL VIEW
AED1,100,000
beds
1
baths
2
area
710 sqft
High ROI | STYLING LAYOUT I | MODISH 1BR FURNISHED with COOL VIEWThe Residences at Business Central, Business Bay, Dubai, UAE
Burj Khalifa and Canal view Cozy layout
AED2,500,000
beds
2
baths
3
area
1,329 sqft
Burj Khalifa and Canal view Cozy layoutThe Residences at Business Central, Business Bay, Dubai, UAE
FULLY FURNISHED | VERY SPACIOUS | LUXURY STYLE
AED1,600,000
beds
1
baths
2
area
1,155 sqft
FULLY FURNISHED | VERY SPACIOUS | LUXURY STYLEThe Residences at Business Central, Business Bay, Dubai, UAE
Burj Khalifa and Canal View | VOT | Upgraded
AED2,990,000
beds
2
baths
3
area
1,332 sqft
Burj Khalifa and Canal View | VOT | UpgradedThe Residences at Business Central, Business Bay, Dubai, UAE
Great Investment & Views | High Floor | 7% ROI
AED1,200,000
beds
1
baths
2
area
729 sqft
Great Investment & Views | High Floor | 7% ROIThe Residences at Business Central, Business Bay, Dubai, UAE
Vacant | Burj and Canal Views | Furnished
AED3,000,000
beds
2
baths
3
area
1,387 sqft
Vacant | Burj and Canal Views | FurnishedThe Residences at Business Central, Business Bay, Dubai, UAE
Elegant 1BR APT -VACANT- With Terrace-Next to Pool
AED1,500,000
beds
1
baths
2
area
1,395 sqft
Elegant 1BR APT -VACANT- With Terrace-Next to PoolThe Residences at Business Central, Business Bay, Dubai, UAE
UPGRADED RENOVATED FURNISHED | RBC TOWER BUSINESS | HIGH FLOOR
AED1,250,000
beds
1
baths
2
area
728 sqft
UPGRADED RENOVATED FURNISHED | RBC TOWER BUSINESS | HIGH FLOORThe Residences at Business Central, Business Bay, Dubai, UAE
Fully Furnished | Available now | High ROI
AED1,400,000
beds
1
baths
2
area
728 sqft
Fully Furnished | Available now | High ROIThe Residences at Business Central, Business Bay, Dubai, UAE
Burj and Cana View | Spacious Layout | Best Deal
AED2,999,999
beds
2
baths
3
area
1,461 sqft
Burj and Cana View | Spacious Layout | Best DealThe Residences at Business Central, Business Bay, Dubai, UAE
SPACIOUS  |   VACANT  |  BURJ KHALIFA  View  |   TWO BEDROOM
AED3,200,000
beds
2
baths
2
area
1,461 sqft
SPACIOUS | VACANT | BURJ KHALIFA View | TWO BEDROOMThe Residences at Business Central, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Rental Yield in The Residences at Business Central

1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 11 hours ago

1-bed apartments offer the highest ROI in The Residences at Business Central of 7.80%. 2-bedroom flats generate about 2.44% return on investment.

Service Charges in The Residences at Business Central

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
2.52
Maintenance
info
General repairs and replacements
3.39
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
3.64
Management Services
info
Owner’s association charges for managing the property
1.24
Insurance
info
Charge for the insurance of the building
0.40
Master Community
info
Fees for communal facilities in the neighbourhood
0.51
Income
info
A credit or debit charge
0.23
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
0.93
Total 12.86

These figures are based on the services charges for The Residences (RBC Tower)* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near The Residences at Business Central 

Those who rely on bus service, as well as on metro rides, have a good advantage over transportation near The Residences at Business Central.

Bus Stations near The Residences at Business Central

RBC Tower 2 Bus stop is just 2-minute walk away from The Residences. Other bus stops are located outside Coral Towers and Empire Heights Towers, 8 to 12-minute walk away from The Residences at Business Central.

Metro Stations near The Residences at Business Central

Business Bay Metro station is 9-minute drive away. Other options include Burj Khalifa/ Dubai Mall Metro station and Financial Centre Station, accessible within a 10-minute drive from RBC Tower.

Restaurants near The Residences at Business Central

There is an eclectic array of fast-food, fine-dining and casual restaurants near The Residences at Business Central. These include:

  • Piccolo Mondo
  • Sushi Central
  • Lakeside Spice Restaurant
  • Iazakaya

Baron Café & Restaurant offers a wide range of hot and cold appetisers as well as many Mediterranean favourites. Khubz & Meleh has a variety of Middle Eastern specials available on their menu. Izakaya is one of the best dining places in Business Bay and offers flavourful sushi.

Some of the coffee places near The Residences at Business Central include:

  • L’ETO
  • Dalona Café
  • The Kana Café

The nearest licensed option is Bay Club located 7 minutes away across Dubai Creek. Nezesaussi Grill and Buhayra Lounge are also nearby options with a bar service. Scattered around a close distance, there are a few licensed eateries such as Tabs House, Taiga Dubai and Bay Club.

Supermarkets near The Residences at Business Central

Supermarket in RBC Tower
The Residences at Business Central has a supermarket on the ground floor

There is a supermarket named Magic City on the ground floor. Residents can also do their grocery shopping from one of the supermarkets near The Residences at Business Central. There are several of them, such as:

  • Choithram
  • Allday Minimart
  • Spinneys

The popular supermarket chains such as Carrefour, Spinneys and Choithrams are accessible within a 7-minute drive. They are located on Al Asayel Street. There is also Allday Minimart in the same area. The nearest, however, is Better 1 Mart Supermarket at a driving distance of 3 minutes.

NEARBY BUILDINGS

The nearby buildings include:

Business Bay has a collection of both commercial and residential units. The aforementioned buildings are accessible within a 5-minute drive from The Residences at Business Central.

Major Landmarks

Dubai Opera
Dubai Opera is a centre for performance arts

Living in Business Bay offers proximity to many leisure and notable landmarks, such as:

  • Burj Khalifa
  • Dubai Opera
  • The Dubai Mall

There are leading business companies, luxury accommodations as well as major landmarks near The Residences at Business Central. Burj Khalifa, The Dubai Mall, The Dubai Fountain and Dubai Opera lie in proximity to the building. Business Bay’s marina development called Marasi Marina itself is the closest landmark near The Residences at Business Central

THINGS TO CONSIDER

The Residences at Business Central welcomes singles, couples as well as families. It offers high-end accommodation in mixed-use development. Those who prefer living in a completely residential area can check out other areas in Dubai such as Al Quoz and Al Wasl.

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