Business Bay recorded over Dhs 4.5 billion in off-plan property sales across more than 1,900 transactions during the second quarter of 2025, according to official market data.
The district continues to attract both investors and end-users, reinforcing its position as a leading real estate hub in Dubai.
Strong market share
The figures come amid broader growth in Dubai’s real estate sector, which registered Dhs 66.8 billion in total sales in May alone. This marks a 44% increase in value and a 6% rise in transaction volume compared to May 2024.
Despite representing only 3% of total transactions citywide, Business Bay contributed 5% of the overall sales value—highlighting the high demand for properties in the area.
Central location appeal
Located between Downtown Dubai and the Dubai Canal, Business Bay offers direct access to major city landmarks including Sheikh Zayed Road, Dubai Metro, DIFC, and key leisure destinations.
The area’s infrastructure, proximity to commercial zones, and high rental yields continue to attract both local and international buyers.
New luxury projects
Responding to the sustained demand, developers are launching new design-driven and lifestyle-oriented projects. One such development is a luxury branded residence by QUBE Development in partnership with global hospitality brand The Lux Collective and its flagship, LUX.
The upcoming project aims to bring a “private sanctuary of urban luxury and world-class service” to the district, according to the developer.
tanvir@dubainewsweek.com
