Downtown Residences, Business Bay

    Sold Prices · DLD Data

    Downtown Residences

    Business Bay, Dubai

    AED 2,819

    Avg Price / sqft

    AED 3.3M

    Avg Sale Price

    160

    DLD Sales Recorded

    4%

    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 160 sales in the building, at an average price of AED 3.3M — around AED 2,819 per square foot.

    Since January 2026, 160 sales completed in Downtown Residences, with the average price per square foot moving from AED 2,834 to AED 2,872 (+1.4%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Business Bay, a typical unit in Downtown Residences returns an estimated 4% 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+1.4%

    2,7282,8212,913Jan 26: AED 2,834/sqft · 88 salesJan 26Feb 26: AED 2,739/sqft · 13 salesMar 26: AED 2,822/sqft · 22 salesMar 26Apr 26: AED 2,741/sqft · 12 salesMay 26: AED 2,697/sqft · 2 salesMay 26Jun 26: AED 2,807/sqft · 6 salesJul 26: AED 2,944/sqft · 2 salesJul 26Aug 26: AED 2,856/sqft · 8 salesSep 26: AED 2,872/sqft · 7 salesSep 26

    Unit types

    Prices by unit type

    1 Bed

    AED 2.4M

    AED 2,749/sqft

    84 sales · last 12 months

    2 Bed

    AED 3.7M

    AED 2,847/sqft

    62 sales · last 12 months

    3 Bed

    AED 7.3M

    AED 3,112/sqft

    14 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    23 Sept 2026Sales1903AED 2.7MAED 2,953
    19 Sept 2026Sales31,641AED 5.2MAED 3,181
    19 Sept 2026Sales1896AED 2.3MAED 2,622
    19 Sept 2026Sales1896AED 2.4MAED 2,651
    08 Sept 2026Sales21,105AED 3.3MAED 2,954
    02 Sept 2026Sales21,103AED 3.5MAED 3,183
    02 Sept 2026Sales1896AED 2.3MAED 2,562
    29 Aug 2026Sales21,105AED 3.4MAED 3,042
    28 Aug 2026Sales22,448AED 6.7MAED 2,750
    28 Aug 2026Sales22,718AED 7.4MAED 2,728
    28 Aug 2026Sales1844AED 2.7MAED 3,241
    28 Aug 2026Sales1913AED 2.5MAED 2,770
    28 Aug 2026Sales1903AED 2.7MAED 2,938
    28 Aug 2026Sales1901AED 2.5MAED 2,773
    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

    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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    Al Habtoor Tower

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    Avarra By Palace

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    Lumena Alta By Omniyat

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    Peninsula Three

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    Damac Towers By Paramount

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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 2,819 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 +1.4% per square foot since January 2026, across 160 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% gross per year, before service charges and fees.

    How many properties have sold in Downtown Residences?

    160 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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