Business Bay
The off-plan engine. Highest launch count + most live cranes anywhere in Dubai.
Business Bay is where most new Dubai stock is currently being built — Damac, Sobha, Select, Binghatti all running active off-plan there. Pre-handover discount → trade-up to Downtown story plays here.
Who's building here
The Business Bay desk
Dubai office rents stabilise at AED 238/sqft as Grade A scarcity persists
Q2 marks first quarter without rental growth since H1 2021 amid structural supply constraints
Ethiopia sets $10m investment bar for Golden Visa — 18× UAE property threshold
Addis Ababa's 10-year residence permit demands $10 million capital or $5 million plus jobs, targeting tier-one allocators as Dubai issues 66,000 Golden Visas in H1 alone
AED 318 billion Q1 transactions reveal diverging investor mandates
Dubai and Abu Dhabi attract different capital strategies as foreign investment reaches AED 156.6 billion
Dubai property prices fall 1.24% in June as yields hold at 6.93%
Second consecutive monthly decline marks cooling phase, yet rental returns remain structurally attractive for capital deployment
Dubai retail sales surge 171% to AED 2.1bn as off-plan mandate reshapes sector
Q1 2026 data reveals structural shift toward forward-purchase typology and rising average ticket
Dubai ultra-prime sales hit $5.1bn as 296 homes above $10m transact in H1
Knight Frank data shows 16% volume growth year-on-year despite broader market cooling