Area · Transactions · 2012

Business Bay Property Transactions 2012

3,230 property sales worth ⃃ 4.8B were registered in Business Bay in 2012, with no comparable figure for 2011 by number of sales. The median sale price was ⃃ 1,204,778 and the median price per square foot ⃃ 1,190.

Period: 1 Jan – 31 Dec 2012Compared with: 2011Sample: 3,230 salesUpdated: 17 Oct 2026
Property sales
3,230
1 Jan – 31 Dec 2012
Total value
⃃ 4.8B
1 Jan – 31 Dec 2012
Median sale price
⃃ 1,204,778
3,230 sales
Median price per sq ft
⃃ 1,190
3,230 sales

What types of property sold in Business Bay in 2012?

1 Jan – 31 Dec 2012

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,48445.9%⃃ 2.1B⃃ 1,216,315⃃ 1,064
Commercial1,74654.1%⃃ 2.7B⃃ 1,196,485⃃ 1,253

How were 2012 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1,25838.9%⃃ 2.1B⃃ 1,315,500⃃ 1,204
Resale (secondary)1,97261.1%⃃ 2.8B⃃ 1,165,864⃃ 1,177
Off-plan50715.7%⃃ 728.2M⃃ 1,189,300⃃ 1,675
Ready2,72384.3%⃃ 4.1B⃃ 1,208,485⃃ 1,121

What were the most expensive property sales in Business Bay in 2012?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/11/2012Vision TowerCommercial9,758 sq ft⃃ 26,710,000Primary · Ready
25/04/2012Bayswater Bay By OmniyatCommercial7,764 sq ft⃃ 15,399,794Resale · Ready
13/02/2012Vision TowerCommercial9,976 sq ft⃃ 14,690,000Primary · Ready
13/11/2012Vision TowerCommercial10,622 sq ft⃃ 9,450,000Resale · Ready
03/06/2012Vision TowerCommercial9,831 sq ft⃃ 9,227,000Primary · Ready
22/02/2012The Opus By OmniyatCommercial6,610 sq ft⃃ 9,101,935Primary · Off-plan
16/09/2012Vision TowerCommercial11,057 sq ft⃃ 8,836,000Primary · Ready
13/09/2012Vision TowerCommercial10,696 sq ft⃃ 8,549,000Primary · Ready
25/12/2012Vision TowerCommercial10,694 sq ft⃃ 8,514,144Primary · Ready
04/12/2012Vision TowerCommercial10,403 sq ft⃃ 8,370,000Primary · Ready

What were the last registered sales of 2012?

DatePropertyTypeSizePriceMarket
31/12/2012West Heights 32 beds · Apartment1,283 sq ft⃃ 2,029,000Primary · Ready
31/12/2012Sobha SapphireCommercial1,128 sq ft⃃ 935,360Primary · Ready
31/12/2012Sobha SapphireCommercial1,137 sq ft⃃ 960,520Primary · Ready
31/12/2012Sobha SapphireCommercial1,148 sq ft⃃ 970,880Primary · Ready
31/12/2012Clayton Residency1 bed · Apartment754 sq ft⃃ 1,136,824Resale · Ready
31/12/2012Churchill Residence2 beds · Apartment1,270 sq ft⃃ 1,194,391Resale · Ready
31/12/2012Silver TowerCommercial1,047 sq ft⃃ 628,200Resale · Ready
31/12/2012The MetropolisCommercial636 sq ft⃃ 534,013Primary · Ready
30/12/2012West Heights 12 beds · Apartment1,578 sq ft⃃ 1,710,000Primary · Ready
30/12/2012Clayton Residency1 bed · Apartment754 sq ft⃃ 751,105Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2012 with the whole of 2011.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/business-bay/2012
Business Bay Property Transactions 2012. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/business-bay/2012

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Business Bay in 2012?
3,230 property sales worth ⃃ 4,842,074,567 were registered in Business Bay in 2012. That is with no comparable figure for 2011.
What was the median property price in Business Bay in 2012?
The median sale price was ⃃ 1,204,778 and the median price per square foot ⃃ 1,190 (1 Jan – 31 Dec 2012).
What share of 2012 sales in Business Bay were off-plan or from developers?
Developer (primary) sales were 38.9% of the 3,230 sales and resales 61.1%. Off-plan units made up 15.7% and ready units 84.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/business-bay/2012