Apartments & Flats for Rent in Business Bay

Business Bay has become one of Dubai’s most popular places to live. Sleek skyscrapers, waterfront views, and everything you need nearby make it attractive to renters.   

It is very close to Downtown Dubai and the Burj Khalifa, and offers a mix of high-rise apartments, modern offices, hotels, and water views.

It has significantly changed over the years from being seen largely as just a site for business to a dynamic area where people live, work, and relax.

The real estate market here in Business Bay is very active. According to recent market reports, apartments for rent in Business Bay remain among the top choices in Dubai because of their central location and lifestyle offerings.

Rental yields for apartments in Business Bay are normally between 6% and 7%, which makes the area attractive to both investors and residents.

Depending on the building, amenities and views, a studio for rent in Business Bay usually costs between AED 45,000 and AED 65,000 per year.

The average yearly rent for a one-bedroom flat in Business Bay is between AED 75,000 and AED 110,000.  

Two- and three-bedroom flats in Business Bay cost between AED 120,000 and AED 200,000 or more a year, especially in high-end buildings with views of the canal or the Burj Khalifa.

The price per square foot for apartments in Business Bay ranges from AED 1,600 to AED 2,000, depending on the age of the building, the amenities it has, and where it is within the community.   

Studio apartments in Business Bay are quite popular with investors because they rent out quickly and yield more ROI compared to bigger units or flats.

The region has matured over time, with additional stores, restaurants, and lots of fun places still sprouting up.  

Honestly, it doesn't really feel like a business district anymore; it feels more like a full-fledged residential community.

With its connectivity, lifestyle perks, and waterfront living, Business Bay has become one of the most desirable addresses in Dubai.

Accessibility & Transportation in Business Bay

One of the strongest advantages of living in Business Bay is its location. It sits right off Sheikh Zayed Road, Dubai’s main highway, and directly connects to Downtown Dubai, which is just a few minutes away.

For people who work in Downtown, DIFC, or even along Sheikh Zayed Road, Business Bay is one of the most convenient residential areas to live in.

Metro Access in Business Bay

The Red Line's Business Bay Metro Station is the closest one to Business Bay, making it easy for residents to easily reach key parts of Dubai, like Dubai Marina, Jumeirah Lake Towers, and even Dubai International Airport, in 20 to 25 minutes. The metro also connects directly to the Dubai Mall and DIFC.

Buses & Public Transport in Business Bay

Business Bay has a good number of bus lines and RTA feeder services that make it easier for residents who rely mostly on public transport.

Add to that, there are always taxi-hailing apps like Careem and Uber, that make it easy to book a taxi anywhere around Business Bay.

Parking Facilities in Business Bay

Most apartment buildings offer dedicated parking. If you have a car, check if your building includes parking in the rent or if it's extra. Some street parking or public parking is also available.

If you commute daily, Business Bay is very practical. But traffic near the Sheikh Zayed Road or during peak times around Downtown can get busy.

Dubai is continually working on smart infrastructure, so the neighbourhood will probably have even greater connections in the future.

Projects like approved wider walkways, cycling tracks and new bridges across the Dubai Canal are making Business Bay more pedestrian-friendly as well.

In short, if you rent an apartment in Business Bay, transportation will never be a challenge.

Nearby Schools and Educational Institutions in Business Bay

Even though Business Bay is mostly known for business and luxury apartments, there are schools and nurseries close by.

Families may not find many schools inside every building, but there are good options in or near the area.

Some Nearby Nurseries in Business Bay:

- Maple Bear Nursery, Business Bay

- Canadian Kids Nursery

- Learning Tree Nursery

Schools near or reachable within a short drive:

- Dubai International School (Al Quoz)

- GEMS Wellington International School (British curriculum)

- There are many more options in Downtown, Al Quoz, and neighboring communities.

So, for those with children, Business Bay works, but you’ll likely drive or commute a little to some schools unless you find one very close.

Types of Apartments to Rent in Business Bay

Business Bay has one of the most diverse ranges of apartments in Dubai. The options range from studio apartments (the most common and high in demand), one-bedroom apartments, two bedrooms and even three-to-six-bedroom apartments.

Townhouses and penthouses are also present in their numbers. Because the community is a mix of high-rise residential towers and luxury developments, there’s something for almost every budget.

Here are some of the most common types of apartments in business Bay and their price ranges:

Studio Apartments for Rent in Business Bay

A studio in Business Bay is a popular alternative if you want something small and affordable.

Studio apartments are usually between 400 and 600 square feet, with open layouts, modern kitchens, and large windows.

The price of renting a studio apartment in Business Bay ranges from AED 45,000 to AED 65,000 a year, depending on the building and the amenities.

Prices for fully furnished apartments for rent in Business Bay are always slightly more expensive than unfurnished apartments in Business Bay.

1-Bedroom Apartments for Rent in Business Bay

A one-bedroom flat in Business Bay usually has larger space, between 700 and 1,000 square feet.  

These condos are perfect for young couples or professionals who want a bedroom and a separate living space.  

The average rent is between AED 70,000 and AED 110,000 a year. Properties in premium towers overlooking the Dubai Canal or with Burj Khalifa views may command higher prices.

2-Bedroom Apartments for Rent in Business Bay

Families often go for 2-bedroom apartments in Business Bay, which usually measure between 1,200 and 1,500 sq. Ft.

These units have bigger layouts, with than one bathroom and sometimes balconies. The rental cost for a two-bedroom apartment in Business Bay ranges from AED 110,000 to AED 160,000 a year.

3-Bedroom Apartments for Rent in Business Bay

For larger families or those who want more room, 3-bedroom apartments are available, often in luxury towers with high-end facilities.

Sizes usually start from 1,600 sq. ft. and can go beyond 2,000 sq. Ft. The rent for a three-bedroom flat in Business Bay can be between AED 160,000 and AED 250,000 a year.

Apartment Type Average Size (sq. ft.) Rental Price Range (AED/year)
Studio Apartment in Business Bay 400 – 600 45,000 – 65,000
1-Bedroom Apartment in Business Bay 700 – 1,000 70,000 – 110,000
2-Bedroom Apartment in Business Bay 1,200 – 1,500 110,000 – 160,000
3-Bedroom Apartment in Business Bay 1,600 – 2,200+ 160,000 – 250,000
Penthouses/Duplexes in Business Bay 2,500+ 300,000 – 600,000+

Popular Buildings and Locations to Rent Apartments in Business Bay

Here are some of the buildings and sub-areas people often prefer when looking for apartments in Business Bay:

Bay Square:

A unique mixed-use development combining apartments, offices, and retail.Apartments are in low-rise buildings, offering a different vibe compared to the usual high-rises.Walkable community with cafes, gyms, and shops.

Al Habtoor City: nice apartments, good facilities.

Urban Oasis: popular for 2-bed flats, good design.

UBORA Tower: SLS Dubai Hotel & Residences, luxury standards.

DAMAC Maison Prive: good option for studio or 1-bed with luxury finishes.

Millennium Binghatti Residences

Churchill Towers

Merano Towers

The Atria Residences

In general, apartments close to the Dubai Canal or those with Burj Khalifa views tend to command higher rents.

Tenants often choose a building based on whether they prefer a family-focused atmosphere (Executive Towers, Churchill Towers) or a more luxury-oriented lifestyle (DAMAC Towers, The Atria). So, it greatly depends on your budget.