Al Habtoor City, Business Bay, Dubai, United Arab Emirates
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Business Bay is one of Dubai's most trendy residential, industrial, and business areas, situated in the center of the gleaming waters of the Dubai Canal. It was designed to serve the needs of Dubai's industry, retail, and industrial sectors, and it is billed as the city's new trade and business center. It was designed to resemble business districts such as Manhattan and Ginza, with the aim of being "a city within a city." Business Bay is continually expanding and changing. In line with the Dubai Water Channel, it is rapidly becoming one of the city's focal points, rendering it one of the most attractive places for both local and foreign businesses. Business Bay is currently developing and expanding the UAE's economic presence and performance on a global scale. There are also villas for Sale in the surrounding area. Villas in Business Bay are wide and well-lit, with sizes varying from suites to three-bedroom Villas. Business Bay is located south of downtown Dubai, near the Dubai Mall, the Burj Khalifa, and the Old Town suburbs, with Al Wasl to the west. And Dubai Marina is just a 20-minute drive away.
Business Bay is located south of Downtown Dubai and is conveniently accessible from the Sheikh Zayed Road. It is also conveniently connected to the city's other major urban centers. Because of its prime location, Business Bay residents have easy access to some of Dubai's finest leisure and entertainment centers, such as Jumeirah Beach Park and the Dubai Mall. Its admirable place also provides inhabitants with stunning panoramic views of the Burj Khalifa and Dubai's landmark skyline, as well as the glistening Arabian Gulf.
Business Bay is part of His Highness Sheikh Mohammed Bin Rashed Al Maktoum's project as Vice President of the UAE, Prime Minister, Minister of Defense, and Ruler of Dubai. According to Dubai Land Department data, Business Bay is the second most popular investment destination, behind only Dubai Marina. Business Bay has excellent transportation connections; it is linked to the Dubai Metro's Red Line via the Burj Khalifa, Dubai Mall Station, and Business Bay Station, as well as offering 24-hour Cab services.
Business Bay Real Estate Trends
Learn more about the Business Bay villa market through trends and average prices.
How affordable is it to live in Business Bay?
The median sales price is approximately AED4,200,000 in Business Bay The median price per square feet in Business Bay is AED1,200 The Business Bay area currently has 11 properties for sale
Popular Parts of Business Bay
Without a doubt, the most well-known feature of Business Bay is the majestic Dubai Canal. This 3-kilometer canal is a man-made project that highlights the Dubai Creek's free-flowing waters. Business Bay is a vibrant residential and commercial neighborhood in Dubai. It shares a frontier with Dubai's landmark district, Downtown Dubai. Business Bay not only has a lively nightclub, but also several 5 Star Luxurious hotels. JW Marriott Marquis Hotel Dubai is the second biggest hotel in the country, with 1,608 rooms. The section of the Dubai Canal that crosses Sheikh Zayed Road is one of the most prominent and impressive sections of the canal. To prevent disrupting traffic, a bridge was constructed over the river. Visitors will see a waterfall in steady flow under this bridge from the promenade.
The view of the Burj Khalifa makes it an attractive location for a Business Bay Villa; it is situated at the summit of the new creek extension, which has about 12 kilometers of waterfront walkways. The Bay Avenue is situated near the Business Bay executive towers and offers citizens grocery shops as well as over 90 dining options.
There are a number of parks in or around Business Bay. Bay Avenue Park, situated near Spinneys in Business Bay, is a great place for residents to unwind or go for a stroll. There is a jogging track, a trampoline field, two outdoor gyms, a skate park, green gardens, and butterfly-shaped light installations in this park. Of which provide spectacular views of Festival City Mall, Ras Al Khor Sanctuary, and the Burj Khalifa. Business Bay has easy access to Downtown Dubai. It is just 5 minutes away from Dubai Mall and has convenient access to all of Downtown Dubai's amenities.
Types of Villas in Business Bay
Business Bay is home to a number of mixed-use properties housed in historic structures. There are condos, one-bedroom flats, and penthouses available, all with breathtaking views of the city or the Dubai Canal. Are you looking to buy a home for yourself and your family? The best choices are villas for sale in Dubai. They not only have enough space and facilities for residence, but they also provide a comfortable lifestyle that most people around the world desire.
Looking for a villa for Sale in Business Bay
It actually offers People with high quality, ideal venue, and comfortable areas at fair prices. The below are the typical sales rates in Business Bay:
Executive tower Villa: Beginning at 2,699,999
Villa with 4 bedrooms Start at 3,399,999 AED.
Podium Villa 4 Bedrooms with Burj Khalifa view start at 4,500,000 AED.
What is the average price of a Villa in Business Bay?
Business Bay, Dubai's skyscraper district, has far more to do than concrete buildings and bustling city life. Because of its proximity to Downtown Dubai, Business Bay provides an urban lifestyle and a high quality of living. It is well-known for its cosmopolitan culture and fast-paced lifestyle. Living in Business Bay brings you right next to Downtown Dubai, one of the emirate's most active and lively neighborhoods.
This neighborhood has everything a new residential community might like, including a variety of entertainment venues, high-quality houses, hotels, restaurants, and retail establishments. Aside from Bay Avenue Park, projects such as the Executive Towers have short green strips with children's play areas and other leisure facilities. Bay Avenue, with its funky graffiti-style design and skate park, is likely to cater to teenagers. It's a great place for them to socialize with their neighbors’ friends. It is easy to get into and out of Business Bay.
Many that rely on public transit can find the Business Bay Metro Station, as well as a number of taxis and buses, in the area.
Top 3 Reasons to Invest in Business Bay
The area, which consists of numerous commercial and residential structures, is home to a multi-ethnic social sphere of inhabitants, resulting in a diverse and lively community. One of the most significant advantages of residing in Business Bay is that it is not characterized by a single race, so you will find people from virtually every continent coexisting with competitive costs. It is a Dubai community with a steady increase in ROIs over the years, rendering it a lucrative nest egg or source of supplemental profits. Business Bay is a diverse and active community.