Established · evolving
Business Bay
Business and residential district along the canal
- Stage of development
- Established · evolving
- Typical product
- Tower apartments and offices
- Buyer / investor profile
- Investors focused on urban rental demand and professionals working in central Dubai
What the area is
A district of office towers, residences and hotels along the Dubai Water Canal, next to Downtown Dubai. Much of it is already built, and new projects continue to be added.
Infrastructure and connectivity
Next to Sheikh Zayed Road and Al Khail Road, with Business Bay Metro Station (Red Line) and a direct link to Downtown.
KOVO VIEW
An urban alternative to Downtown, offering a wide range of properties. It may suit rental-focused investors, provided the building and developer are selected carefully.
Strengths
- Central location next to Downtown
- Rental demand from professionals
- A wide supply of tower apartments
What to watch
- Plenty of construction still under way nearby
- Wide variation between towers and developers
- Traffic and density at peak hours