Downtown Residences, Business Bay

    Sold Prices · DLD Data

    Downtown Residences

    Business Bay, Dubai

    AED 2,813

    Avg Price / sqft

    AED 3.3M

    Avg Sale Price

    146

    DLD Sales Recorded

    4.6%

    Est. Gross Yield

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    Market snapshot

    Downtown Residences — the numbers

    Downtown Residences is a residential building in Business Bay, Dubai with approximately 524 units. Dubai Land Department records show 146 sales in the building, at an average price of AED 3.3M — around AED 2,813 per square foot.

    Since January 2026, 145 sales completed in Downtown Residences, with the average price per square foot moving from AED 2,834 to AED 2,944 (+3.9%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Business Bay, a typical unit in Downtown Residences returns an estimated 4.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Downtown Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Downtown Residences

    Average sale price per sqft by month since January 2026 (single-sale months excluded)+3.9%

    2,7282,8212,913Jan 26: AED 2,834/sqft · 88 salesJan 26Feb 26: AED 2,739/sqft · 13 salesFeb 26Mar 26: AED 2,822/sqft · 22 salesMar 26Apr 26: AED 2,741/sqft · 12 salesApr 26May 26: AED 2,697/sqft · 2 salesMay 26Jun 26: AED 2,807/sqft · 6 salesJun 26Jul 26: AED 2,944/sqft · 2 salesJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 2.4M

    AED 2,743/sqft

    76 sales · last 12 months

    2 Bed

    AED 3.6M

    AED 2,840/sqft

    57 sales · last 12 months

    3 Bed

    AED 7.4M

    AED 3,107/sqft

    13 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    04 Aug 2026Sales1896AED 2.3MAED 2,607
    07 Jul 2026Sales21,336AED 3.7MAED 2,793
    07 Jul 2026Sales21,367AED 4.2MAED 3,095
    26 Jun 2026Sales21,103AED 3.5MAED 3,217
    26 Jun 2026Sales1764AED 2.1MAED 2,742
    24 Jun 2026Sales1896AED 2.3MAED 2,577
    18 Jun 2026Sales21,103AED 3.2MAED 2,933
    13 Jun 2026Sales1913AED 2.5MAED 2,778
    08 Jun 2026Sales1896AED 2.3MAED 2,592
    20 May 2026Sales21,335AED 3.5MAED 2,633
    18 May 2026Sales1901AED 2.5MAED 2,762
    29 Apr 2026Sales1901AED 2.6MAED 2,861
    23 Apr 2026Sales1896AED 2.8MAED 3,102
    23 Apr 2026Sales1779AED 2.1MAED 2,704
    22 Apr 2026Sales1836AED 2.3MAED 2,708
    20 Apr 2026Sales21,712AED 4.3MAED 2,521
    16 Apr 2026Sales1913AED 2.5MAED 2,767
    16 Apr 2026Sales1896AED 2.3MAED 2,530
    13 Apr 2026Sales33,340AED 11MAED 3,221
    13 Apr 2026Sales1913AED 2.5MAED 2,783

    About the area

    Downtown Residences is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    The Edge

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    FAQ

    Downtown Residences: frequently asked questions

    What is the average price in Downtown Residences?

    The average recorded sale price in Downtown Residences, Business Bay is AED 3.3M, around AED 2,813 per square foot, based on Dubai Land Department transaction data.

    Are prices in Downtown Residences going up or down?

    Average sale prices in Downtown Residences have risen +3.9% per square foot since January 2026, across 145 DLD-recorded sales.

    What rental yield can I expect in Downtown Residences?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Downtown Residences yields roughly 4.6% gross per year, before service charges and fees.

    How many properties have sold in Downtown Residences?

    146 sales have been recorded in Downtown Residences according to DLD data, across approximately 524 units.

    Considering Downtown Residences?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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