Dubai is known as the city of dreams. It has some of the most iconic and interesting structures in the world. This glamorous city offers a variety of lavish and luxurious neighborhoods that provide a high standard of living. From the many luxuries’ districts Dubai has, Business Bay is one such area. It is a mixed-use neighborhood in Dubai that is the most sought after for residential and commercial places.
About Business Bay:
Business Bay, Dubai, is a thriving financial district located just 2 kilometres away from the heart of the city. Business Bay offers a wide range of property choices, including commercial spaces in iconic buildings such as Executive Towers, SLS Dubai Hotel & Residences and Al Habtoor City. It’s also a sought-after location for professionals, investors and residents, thanks to its central location and urban amenities. Business Bay spans across 64 million square feet and encompasses landscaped areas, pathways, and an impressive collection of commercial and residential towers for sale and on rent. Business Bay is quickly achieving its goal of becoming Dubai’s central business hub, offering a variety of first-rate amenities and a fast-paced lifestyle.
Business Bay is known for its array of high-rise buildings, luxury apartments, commercial offices, and top-notch hotels. Business Bay is also famous for its architectural landmarks and proximity to Dubai’s key attractions, including the Burj Khalifa and The Dubai Mall.
MOST POPULAR BUILDINGS IN BUSINESS BAY
Executive towers:
The Executive Towers is a complex of 12 towers in Business Bay development in Dubai, United Arab Emirates. They comprise 10 residential towers, one commercial tower known as Aspect Tower, and one hotel tower ‘The Taj Hotel’.
DAMAC Towers by Paramount Hotels and Resorts
DAMAC Towers by Paramount Hotels and Resorts is a four-tower complex standing tall in Business Bay. The three residential buildings feature 1,200 residential apartments, while the fourth building houses the Paramount Hotel with 800 luxurious rooms.
Bayz by Danube
Bayz by Danube is another popular residential building with the studio to 3-bedroom units. SLS Dubai Hotel & Residences: is a 75-floor, high-rise building. The residential zone has 371 units, the middle zone has 321 hotel apartments and the upper levels have 254 hotel rooms. Floors 69 to 75 are collectively called ‘The Crown’.
LIFE IN BUSINESS BAY
Business Bay is also known for its luxurious properties and lavish lifestyle. Also, it provides residents with the advantages of a secure, gated community and the tranquility of lush green surroundings. Furthermore, the district features a wide array of recreational amenities, parks, educational institutions, shopping destinations and dining establishments.
AMENITIES AND FACILITIES IN BUSINESS BAY
SCHOOLS
In Business Bay, you can access several educational institutions. For young children, there are options such as Hummingbird Nursery and Blossom Nursery Dubai. Jumeirah English Speaking School, Dubai International School and GEMS Wellington School also offer quality education for various age groups.
For elementary and secondary education, you’ll find reputable choices nearby, such as Dubai International School, GEMS Our Own Indian School and Safa British School.
MEDICAL FACILITIES
The area is well-equipped with medical facilities, including hospitals, clinics and wellness centres. One of the best hospitals in Business Bay, Emirates Hospital Clinic in Bay Avenue, serves the community. Other options are Medcare Hospital in Safa and Emirates Hospital in Jumeirah within a short 15-minute drive away.
SUPER MARKETS AND MALLS
Residents and visitors in Business Bay can easily access shopping destinations such as The Dubai Mall, one of the world’s largest shopping centres. The Dubai Mall, with its impressive catalogue of fashion brands, is the popular choice for shopping, however, the Bay Avenue Mall in Business Bay has a good selection of diverse stores, restaurants and spas. Some renowned shops at Bay Avenue Mall include Made to Measure (M2M), Signature Studio, and Big Brands, among others.
PUBLIC TRANSPORT FACILITIES IN BUSINESS BAY
Business Bay Metro Station, on Dubai Metro’s Red Line, is located at the start of the neighborhood and offers a convenient way to reach the district. From the station you can catch a number of feeder bus routes, including F14, F19A, F19B and F41, which cover most of Business Bay.
Hotels In Business Bay:
Business Bay area has many popular 5-star hotels. The Steinberger Hotel is one of the most popular hotels in the area. It is home to The Backyard, a nightlife spot that is one of the best bars in Business Bay. Radisson Blu Hotel Waterfront is another hotel that is located adjacent to the Dubai Water Canal. The hotel consists of 432 rooms and 8 fine-dining restaurants and bars. The JW Marriott Marquis which was known as the tallest hotel in the world until 2018, is also one of the best 5 – star hotels in Business Bay. This beautiful twin-towered hotel can be seen from all over the Business Bay area.
Here are some of the most popular Hotels in Business Bay:
- Double Tree by Hilton Dubai
- Radisson Blue Hotel, Dubai Waterfront
- JW Marriott Marquis Hotel
- Taj Dubai
- The Oberoi
- Grand Millennium Business Bay
- Renaissance Downtown Hotel, Dubai
- ME Dubai
- W Hotel
- Steinberger Hotel
RESTAURANTS
Just like other popular areas in Dubai, Business Bay also boasts an extensive selection of intriguing dining venues. Some popular restaurants in Business Bay include Divan Turkish Restaurant, Mama’esh, Tong Thai, World Cut Steakhouse and more.
Here are the most popular restaurants in Business Bay:
- Kitchen 6
- Basta
- Bleu Blanc Oysters & Grill
- Bombay Brasserie
- Tong Thai
- Prime 68
- Miss Tess
- Tangerine
- Long Tong
- Nurai
- Pacific Grove
- ROKA
- The Eloquent Elephant
Parks
Bay Avenue Mall & Park
Bay Avenue Mall & Park is an area located within Business Bay, Dubai. Bay Avenue serves over 25,000 people living and working in The Executive Towers and the neighboring high-rises and hotels in Business Bay. The opening hours for retail are 10am to 10pm, and for restaurants and cafes 10am to midnight.
Types of Properties in Business Bay
1. Studios
The studio apartment is an apartment with a single room. They are also known as single-room dwelling places or studio flats. A studio apartment typically consists of one large room that serves as the combined living, dining, and bedroom.
Rent
Studios: AED 40,000 – AED 70,000 per year (5-10% increase)
2.Apartments
In addition to spacious studios, you can find several apartments in Business Bay Dubai. All flats come in well-serviced buildings or towers and many utilities to ensure a comfortable and lush residency.
Rent
– 1-bedroom apartments: AED 50,000 – AED 90,000 per year (10-15% increase)
– 2-bedroom apartments: AED 70,000 – AED 130,000 per year (15-20% increase)
– 3-bedroom apartments: AED 90,000 – AED 180,000 per year (10-20% increase)
Utility Expenses:
- Electricity and Water: AED 500 – AED 1,200 per month (20-25% increase)
- Internet and Cable TV: AED 350 – AED 600 per month (15-20% increase)
General Expenses in Business Bay:
In 2024, the general expenses for residents living in Business Bay, Dubai, are expected to see some changes and adjustments. Here’s an overview of the projected general expenses in this vibrant neighborhood:
1. Leisure and Entertainment:
- Access to updated and expanded shopping malls, cinemas, and recreational facilities
- Participation in a wider range of community events, cultural activities, and entertainment options
- Estimated increase in costs by 15-20% for leisure and entertainment activities
2. Maintenance and Service Charges:
- Service charges for residential properties, covering maintenance, security, and common area upkeep
- Projected increase in service charges by 10-15% due to the rising costs of labor, materials, and utilities
3. Household Expenses:
- Cleaning services, laundry, and other domestic help (if required)
- Anticipated increase in costs for household services by 12-18% due to inflation and market dynamics
4. Subscription Services:
- Gym memberships, streaming services, and other lifestyle subscriptions
- Estimated rise in subscription costs by 8-12% as providers adjust their pricing
5. Miscellaneous Expenses:
- Personal care, pet expenses, and other discretionary spending
- Potential increase in miscellaneous expenses by 10-15% to account for the overall rise in the cost of living
Some additional general expenses that residents in Business Bay may encounter in 2024 include:
6. Technological Upgrades:
- Increased demand for smart home technologies, high-speed internet, and advanced communication services
- Estimated additional expenses of 15-20% for technological upgrades and connectivity services
7. Sustainability and Green Initiatives:
- Adoption of eco-friendly practices, such as renewable energy solutions and waste management systems
- Projected additional costs of 10-15% for sustainable living initiatives and environmental conservation efforts
These general expense projections for Business Bay in 2024 reflect the anticipated changes in the local economy, inflation, and the continuous development and enhancement of the neighborhood’s infrastructure, amenities, and lifestyle offerings.
It’s important to note that these estimates are based on current market trends and may be subject to fluctuations due to various economic and market factors. Residents should closely monitor the cost of living in Business Bay and adjust their budgets accordingly as the neighborhood continues to evolve.
SAFTEY AND SECURITY IN BUSINESS BAY
BME UAE Company provide biometric security system in Business Bay
BME UAE Company is at the forefront of providing state-of-the-art biometric security systems in Business Bay, Dubai. Renowned for their innovative solutions and reliable technology, BME UAE offers a comprehensive range of biometric security systems, including fingerprint scanners, facial recognition, and iris scan devices. These systems are designed to cater to the diverse security needs of businesses in this bustling commercial district. By leveraging advanced biometric technology, BME UAE ensures that companies can enhance their security protocols, safeguard sensitive information, and streamline access control with unparalleled accuracy and efficiency.
Biometric punching machines and CCTV cameras
Biometric punching machines and CCTV cameras stand out as key technologies. Biometric punching machines provide a secure and accurate method for employee attendance tracking, utilizing unique physiological traits such as fingerprints or facial recognition to eliminate the risks associated with traditional timekeeping methods.