Top buildings to buy apartments in Business Bay
With a skyline graced by stunning residential and commercial skyscrapers and luxury hotels, Business Bay is a bustling mixed-use neighbourhood in Dubai. Given that the community is a close neighbour of Downtown Dubai, it offers lucrative prospects for investors compared to other communities. Another factor favouring the increasing demand for flats is the sheer variety in the district. If you want to invest in the community, here are the top buildings to buy apartments in Business Bay.
WHY SHOULD YOU BUY APARTMENTS IN BUSINESS BAY?
Top buildings to buy apartments in Business Bay are popular due to their prime location and easy access to key areas, such as Downtown Dubai, World Trade Centre and the Dubai Design District. Furthermore, public transport in Business Bay is well-established, and you can easily travel via buses and the Dubai Metro.
For investors, the USP of Business Bay apartments is a high ROI. The returns have been steady for quite some time and point towards a solid investment opportunity. What’s best is that you can find apartments in various layouts ranging from compact studios to spacious 4-bedroom units. Those looking for more luxury and larger spaces can find duplexes and penthouses for sale in Business Bay.
When living in Business Bay, you won’t be disappointed with exciting eateries, trendy lounges and luxury hotels. Also making its way through the lively district is the Dubai Canal.
MOST POPULAR BUILDINGS TO SEARCH FOR BUSINESS BAY APARTMENTS FOR SALE
Let’s now look at the popular buildings offering Business Bay flats for sale. You can learn more about the asking sales prices, expected ROI apartment features and layouts.
EXECUTIVE TOWERS
Executive Towers is the most popular location to buy apartments in Business Bay. This 12-tower complex is close to the Business Bay Metro Station and has many advantages that make it stand out. Executive Towers apartments for sale have a desirable location and are a short drive from Downtown Dubai.
Apartments for sale in Executive Towers range from trendy studios to spacious 4-bedroom apartments. Plus, there is a small inventory of luxury podium villas. The complex is home to Bay Avenue Mall, where you can find supermarkets, pharmacies, restaurants, salons and nurseries. Furthermore, Bay Avenue Park is located right across the complex. There are fitness amenities like swimming pools and gymnasiums.
- The average price for a studio apartment for sale in Executive Towers is AED 927k.
- On the other hand, 1-bedroom flats are available for AED 1.3M.
- For a 2-bedroom flat for sale in Executive Towers, you will have to pay AED 2.1M, on average.
- Last, for a 3-bed apartment, the average sales price stands at AED 3.3M.
- With an ROI of 5.73%, these apartments in Business Bay are a safe bet as an investment.
The floor plans for Executive Towers have various layouts for buyers to choose from.
SLS DUBAI HOTEL & RESIDENCES
Next up on our list of towers offering flats for sale in Business Bay Dubai is SLS Dubai Hotel & Residences. A project by World of Wonders Real Estate Development, the building has four distinct zones. The impressive feature of the exterior is that it resembles a ‘honeycomb.’ Moreover, the individual zones rotate by 45 degrees in four different axes. Residents can get panoramic views of the emirate and maintain their privacy.
Located near Ras Al Khor Road and Marasi Drive, the building has 371 units. The upper floors are the hotel zone. Floors 69 to 75 are known as the Crown. This zone offers excellent amenities, including a techno-gym, lap, leisure and kids’ pool, spa and a multipurpose room.
- For a studio in SLS Dubai Hotel & Residence, your average financial outlay would be AED 1M.
- To buy a 1-bed flat, your average expense would be AED 1.4M.
- If you are searching for a 2-bed flat for sale in SLS Dubai Hotel & Residence, your budget must be around AED 2.4M.
- The ROI for flats for sale in SLS Dubai Hotel & Residences is 6.59%.
Take a look at the SLS Dubai Hotel and Residences floor plan to see if the apartments fit your requirements.
AL HABTOOR CITY
Al Habtoor City Dubai is also headlining the real estate buyers’ market in Business Bay. This project by Al Habtoor Group offers residential, entertainment and hotel facilities.
If you are searching for Business Bay apartments for sale, three luxury residential towers in Al Habtoor City, Amna, Noora and Meera can be an ideal option.
Residents can enjoy amenities like a tennis academy, community gardens and an air-conditioned clubhouse. Plus, the leisure pool deck is an outstanding feature of the project. You can also find cafes, restaurants, boutiques, retail outlets, health clubs and other entertainment avenues nearby. And not to mention, you’ll be steps away from La Perle – a leading performing arts theatre in Dubai.
- In terms of average price, a 1-bed apartment for sale in Al Habtoor City is available for AED 1.6M.
- You can buy 2-bedroom apartments in Al Habtoor City for an average sale price of AED 2.5M.
- You could also consider buying 3-bedroom apartments in Al Habtoor City for AED 4M on average.
- The ROI for flats here stands at 5.33%.
People looking to buy apartments in Al Habtoor City residential towers can check out Al Habtoor City floor plans to learn more about the different layouts.
BINGHATTI CANAL
Fourth on our list of popular buildings with Business Bay apartments for sale is Binghatti Canal. A standout project in the area, it has 293 apartments, including studios, 1 and 2-beds. Something noteworthy is that the building has the Binghatti Developers’ signature. The angular facade pattern with a white and orange colour scheme creates a distinct and unique look. The apartments for sale in Binghatti Canal Building offer a variety of modern amenities.
- A studio for sale in Binghatti Canal Building is available for AED 919k, on average.
- The average sales price increases to AED 1.3M and AED 2.1M for a 1-bed and 2-bed flat.
- The ROI for flats here is an impressive 7.27%.
Check out the Binghatti Canal Building floor plans to determine if the layouts work for you.
DAMAC TOWERS BY PARAMOUNT HOTELS AND RESORTS
DAMAC Towers by Paramount Hotels and Resorts, a Hollywood-inspired development in Dubai, wraps up the list of popular buildings to look for Business Bay apartments for sale.
The project has four 68-storey towers connected via a multi-level plaza where you can find bars, restaurants, pools, a play area for kids, a fitness centre and a screening room.
- On average, studios for sale in DAMAC Towers by Paramount are priced at AED 960k.
- To buy a 1-bedroom flat in DAMAC Towers by Paramount, you can expect to pay AED 1.5M, on average.
- The bigger 2-bedroom apartments in DAMAC Towers by Paramount have an average sales price of AED 2.4M, while the financial outlay for a 3-bed flat is AED 3.3M.
- The ROI of flats in DAMAC Towers by Paramount is 6.03%.
Looking to buy an apartment in DAMAC Towers by Paramount Hotels and Resorts? There are plenty of options to choose from. Check out DAMAC Towers by Paramount Hotels and Resorts floor plans to choose a unit that suits your needs.
FAQS ABOUT TOP BUILDING TO BUY APARTMENTS IN BUSINESS BAY
WHICH OTHER BUILDINGS CAN I CONSIDER TO BUY APARTMENTS IN BUSINESS BAY?
Other buildings where you can find apartments for sale in Business Bay include U-Bora Tower, Millennium Binghatti Residences, Merano Tower and Park Central. You can also look at the historical sales transactions in Business Bay over the past 12 months to get an idea of the price range.
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DOES BUSINESS BAY HAVE A METRO STATION?
The Business Bay Metro Station, located in the heart of the district, provides easy access to the Dubai Metro network for people living and/or working in the area. You can readily find public transport in Business Bay.
WHAT ARE THE POPULAR BUILDINGS TO RENT APARTMENTS IN BUSINESS BAY?
If you’re not ready for a hefty financial commitment, check out these popular buildings to rent apartments in Business Bay. You can then decide if the neighbourhood is the right choice for you or not.
That’s all we have for you on our list of the top buildings to buy apartments in Business Bay. If you are looking for an investment opportunity, these developments offer a fruitful option in the long run.
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