Business Bay
الخليج التجاريDowntown adjacency at a discount, along the canal. Mixed-use towers mean more ground-floor retail — and more of the traffic that comes with it.
Contracts in the window
60
Tenancies signed and registered with Ejari.
Median signed rent
114,850 AEDa year
Across every bedroom count, weighted by contracts.
New vs renewed
−3%
A new tenant signs at 113,675 AED, a renewing one at 117,050 AED.
Renewals next 90 days
11
Contracts reaching their end date — supply about to move.
Cranes turning
1
Of 1 site in the pipeline; the rest are sold off-plan or not started.
Gross yield
6.52%
Median annual rent against the median sale price, same buckets.
Buildings covered
2
Towers MNWR holds a full building record for.
Homes available
2
Live on MNWR right now, across those buildings.
Registered rents
What was actually signed here
Not asking prices. Every figure below is the annual rent on a tenancy contract registered with Ejari, so it is what a landlord and a tenant agreed to in writing — the number a renewal is argued against.
Distribution by bedrooms
Nine contracts in ten land between the outer ticks. An asking rent past the right-hand whisker is not merely 'above median' — it is outside what this community signs.
New tenants versus renewals
A sitting tenant and an arriving one do not pay the same rent. The gap is the cost of moving — and the landlord's incentive at renewal.
| Homes | New | Renewed | Gap | AED/sqft |
|---|---|---|---|---|
| Studio12 signed | 69,000 AED | 75,000 AED | −8% | 157.23 |
| 1 BR25 signed | 91,000 AED | 95,000 AED | −4% | 118.95 |
| 2 BR16 signed | 135,000 AED | 138,000 AED | −2% | 128.34 |
| 3 BR7 signed | 222,500 AED | 220,000 AED | +1% | 117.55 |
Month by month
Median signed rent per calendar month. A thin month moves further than a busy one — the contract counts are in the caption.
Supply coming
When tenancies here come up for renewal
Grouped from the end date on every registered contract. This is the closest thing Dubai has to a public supply calendar: a month with hundreds of contracts ending is a month with hundreds of landlords deciding whether to re-let.
28 contracts end in the next 6 months. Dubai tenancies cluster heavily into January and February because that is when most were first signed, so the calendar is lumpy by nature rather than by measurement error.
Construction
What is being built, and what is only being sold
1 site sits inside this community, but they are not the same kind of thing. Only the 1 under construction has anything on the plot today.
The split
Under construction
1of 1
Cranes on site. Noise, dust and a changing skyline now.
Published delivery dates
Only a developer with a launched project publishes a handover quarter; an off-plan plot listed by a reseller publishes nothing.
Sites under construction
OpenStreetMap · Portal- Marasi Riverside TowerUnder construction · DAMAC Properties · due Q4 2027
Geography
Business Bay on the map
Dashed rings are active construction sites; solid pins are the buildings we cover. No community outline has been mapped for this area yet.
Sales
What homes here change hands for
Registered sale transactions for residential units, over the same window. The yield column is that bedroom bucket’s median annual rent against its median sale price — the number a landlord is optimising and a renter is paying for.
| Homes | Median price | AED/sqft | Off-plan | Gross yield | Sales |
|---|---|---|---|---|---|
| Studio | 1,120,000 AED | 2,575 | 33% | 6.76% | 3 |
| 1 BR | 1,395,000 AED | 2,043 | 25% | 6.45% | 4 |
| 3 BR | 3,390,000 AED | 2,069 | 33% | 6.66% | 3 |
Prices are the monthly medians of registered sales, combined across the window weighted by the number of sales in each month — not an average of every price, which one penthouse can drag anywhere.
Coverage
Buildings we cover here
MNWR publishes a building record before it publishes a home: the gym’s heaviest dumbbell, the pool, the service charge, what is being built next door. This is that set for Business Bay — deliberately smaller than a portal feed.