Area · Transactions · 2024

Business Bay Property Transactions 2024

12,032 property sales worth ⃃ 30.9B were registered in Business Bay in 2024, 18.0% higher than 2023 by number of sales. The median sale price was ⃃ 1,561,000 and the median price per square foot ⃃ 2,272 (+10.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 12,032 salesUpdated: 17 Oct 2026
Property sales
12,032
+18.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 30.9B
+37.6% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,561,000
+11.5% vs 2023
12,032 sales
Median price per sq ft
⃃ 2,272
+10.8% vs 2023
12,032 sales

What types of property sold in Business Bay in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10,66188.6%⃃ 23.9B⃃ 1,577,599⃃ 2,335
Commercial1,34211.2%⃃ 3.5B⃃ 1,473,341⃃ 1,499

How were 2024 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)6,88957.3%⃃ 21.1B⃃ 1,816,888⃃ 2,634
Resale (secondary)5,14342.7%⃃ 9.8B⃃ 1,313,000⃃ 1,731
Off-plan6,78056.3%⃃ 17.6B⃃ 1,760,000⃃ 2,581
Ready5,25243.7%⃃ 13.3B⃃ 1,370,000⃃ 1,705

How many rental contracts were registered in Business Bay in 2024?

27,075 rental contracts (new and renewed) were registered in Business Bay in 2024, at a median annual rent of ⃃ 96,800 (+13.9% on 2023). Rental yields in Business Bay

What were the most expensive property sales in Business Bay in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/08/2024Business BayPlot333,270 sq ft⃃ 650,130,000Primary · Ready
14/05/2024Business BayPlot20,612 sq ft⃃ 500,000,000Primary · Ready
23/05/2024Bayz 102 By DanubePlot36,021 sq ft⃃ 360,000,000Resale · Ready
12/12/2024Business BayPlot18,418 sq ft⃃ 345,000,000Resale · Ready
21/08/2024Business BayPlot71,664 sq ft⃃ 236,919,176Primary · Ready
21/08/2024Business BayPlot72,477 sq ft⃃ 226,603,179Primary · Ready
11/07/2024Business BayPlot72,482 sq ft⃃ 226,200,000Primary · Ready
11/07/2024Binghatti SkyrisePlot289,913 sq ft⃃ 226,200,000Primary · Ready
11/11/2024Business BayPlot46,594 sq ft⃃ 205,000,000Primary · Ready
11/06/2024Dorchester Collection DubaiCommercial675,088 sq ft⃃ 204,810,619Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
31/12/2024Al Habtoor Tower2 beds · Apartment1,466 sq ft⃃ 4,166,752Primary · Off-plan
31/12/2024Al Habtoor Tower3 beds · Apartment1,858 sq ft⃃ 6,143,158Primary · Off-plan
30/12/2024Binghatti Skyrise - Tower AStudio · Apartment477 sq ft⃃ 1,300,000Primary · Off-plan
30/12/2024Binghatti Skyrise - Tower CStudio · Apartment426 sq ft⃃ 1,045,000Primary · Off-plan
30/12/2024Binghatti Skyrise - Tower A1 bed · Apartment1,022 sq ft⃃ 2,507,499Primary · Off-plan
30/12/2024One By Binghatti1 bed · Apartment822 sq ft⃃ 1,680,000Primary · Off-plan
30/12/2024Bugatti Residences By Binghatti3 beds · Apartment5,063 sq ft⃃ 23,000,000Primary · Off-plan
30/12/2024Burj Binghatti Jacob & Co. Residences3 beds · Apartment3,264 sq ft⃃ 6,000,000Primary · Off-plan
30/12/2024Binghatti Skyrise - Tower AStudio · Apartment434 sq ft⃃ 1,199,249Primary · Off-plan
30/12/2024Rove Home Marasi DriveStudio · Apartment391 sq ft⃃ 1,346,410Primary · Off-plan

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 2024 with the whole of 2023.
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/2024
Business Bay Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/business-bay/2024

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 2024?
12,032 property sales worth ⃃ 30,919,284,418 were registered in Business Bay in 2024. That is 18.0% higher than 2023.
What was the median property price in Business Bay in 2024?
The median sale price was ⃃ 1,561,000 and the median price per square foot ⃃ 2,272 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Business Bay were off-plan or from developers?
Developer (primary) sales were 57.3% of the 12,032 sales and resales 42.7%. Off-plan units made up 56.3% and ready units 43.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/business-bay/2024