Top buildings to buy apartments in Business Bay
Boasting a vibrant mix of residential and commercial skyscrapers along with luxury hotels, Business Bay stands as one of Dubai’s most dynamic mixed-use neighbourhoods. Its proximity to Downtown Dubai enhances its appeal, offering investors lucrative opportunities compared to other areas. The district’s diverse range of properties further fuels demand, making it a sought-after destination for real estate investments. For those interested, here’s a closer look at the top buildings to buy apartments in Business Bay Dubai.
WHY SHOULD YOU BUY APARTMENTS IN BUSINESS BAY?
Popular buildings to buy apartments in Business Bay Dubai enjoy a prime location and easy access to key areas, such as Downtown Dubai, the 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 flats for sale, is high ROI. The returns have been steady for quite some time and point towards a solid investment opportunity. The availability of various layouts, from compact studios to spacious 4-bedroom units, adds to its appeal. 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.
AYKON CITY
Aykon City, near the Dubai Canal, is the first entry on the list of buildings to buy flats in Business Bay. Developed by the renowned DAMAC Properties, it comprises two individual buildings: Aykon City Luxury Residences and DAMAC Maison Aykon City Hotel Apartments.
Each building is a masterpiece in its own right, offering a mix of studios, one, two and three-bedroom apartments.
- Buying a studio flat in Aykon City will cost AED 1.1M.
- A 1-bedroom apartment for sale in Aykon City is priced at AED 1.7M.
- A 2-bed apartment for sale in Aykon City is available for AED 2.5M.
- Those interested in buying 3-bedroom apartments in Aykon City must budget for AED 4.2M.
- Apartments for sale in Aykon City offer an ROI of 6.10%.
EXECUTIVE TOWERS
Executive Towers is the second most popular location to find apartments for sale in Business Bay. This 12-tower complex near the Business Bay Metro Station offers trendy studios to spacious 4-bedroom apartments. Plus, there is a small inventory of luxury podium villas.
Bay Avenue Mall, located within the complex, features 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 1.2M.
- On the other hand, 1-bedroom flats are available for AED 1.6M.
- On average, a 2-bedroom flat for sale in Executive Towers will cost AED 2.5M.
- Last, for a 3-bed apartment, the average sales price stands at AED 4.1M.
- With an ROI of 5.30%, 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.
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DAMAC TOWERS BY PARAMOUNT HOTELS AND RESORTS
DAMAC Towers by Paramount Hotels and Resorts, a Hollywood-inspired development in Dubai, ranks third among popular buildings for Business Bay flats.
The project has four 68-storey towers connected via a multi-level plaza, where you can find bars, restaurants, pools, a children’s play area, a fitness centre and a screening room.
- On average, studios for sale in DAMAC Towers by Paramount are priced at AED 1.1M.
- On average, you can expect to pay AED 1.7M to buy a one-bedroom flat in DAMAC Towers by Paramount.
- The bigger 2-bedroom apartments in DAMAC Towers by Paramount have an average sales price of AED 2.5M, while the financial outlay for a 3-bed flat is AED 4.1M.
- The ROI of flats in DAMAC Towers by Paramount is 5.38%.
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.
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SLS DUBAI HOTEL & RESIDENCES
Next 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 exterior resembles a ‘honeycomb.’ Moreover, the individual zones rotate by 45 degrees on four different axes. Residents can get panoramic views of the emirate while maintaining 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.
- Your average financial outlay for a SLS Dubai Hotel & Residence studio would be AED 1.3M.
- To buy a 1-bed flat, your average expense would be AED 2.1M.
- The ROI for flats for sale in SLS Dubai Hotel & Residences is 6.43%.
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 by Al Habtoor Group offers residential, entertainment and hotel facilities. If you are interested in Business Bay apartments for sale, three luxury residential towers in Al Habtoor City, Amna, Noora and Meera are ideal options.
Residents can enjoy amenities like a tennis academy, community gardens and an air-conditioned clubhouse. 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.
- Regarding average prices, a 1-bed apartment for sale in Al Habtoor City is available for AED 1.9M.
- You can buy 2-bedroom apartments in Al Habtoor City for an average price of AED 2.6M.
- You could also consider buying 3-bedroom apartments in Al Habtoor City for AED 4.4M on average.
- The ROI for flats here stands at 5.54%.
Those 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.
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 Capital Bay Towers, Merano Tower and Ontario Tower. 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 popular 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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