Within the Urban fabric of the emirate lies the glitzy Business Bay. The name may incept an impression of crisp shirts, impeccable suits and ties, but when it comes to housing neighbourhood and real estate, Business Bay is a lucrative investment option. Vibrantly brought to life, this idyllic mini-metropolis is definitely a place to see and live.
The Dubai Water Canal is a man-made waterway that winds its way across Business Bay. Its promenade is dotted with fine restaurants, hip bars, and five-star hotels, providing the ideal backdrop for the impressive skyscrapers that compete for attention in this urban jungle.
Business Bay – The investment magnet
Recent mind-boggling infrastructural and architectural innovations have given birth to several concrete marvels in Dubai. This dynamic real estate development and advancement have fuelled and magnified investment potential. Dubai developers have delivered about 7,000 apartments for sale in Business Bay in 2019-2020.
Factors such as the diversity of real estate investment options and its pocket-friendliness have lured investors from around the world. And this is merely the beginning! And the word is that the properties for sale in Business Bay are 27% cheaper than in Downtown Dubai.
It is worth mentioning that the community offers plenty of lucrative and fruitful investment opportunities starting from Business Bay apartments for sale. Apart from these, it offers promising commercial real estate investment options to consider. The excellent road infrastructure and its proximity to Downtown Dubai and the Dubai International Center have made many real estate developers, buyers, and investors aware of the importance of the geographical location of Business Bay.
Business Bay – Area Guide
As mentioned before, this artificial waterway provides a manicured backdrop to the high-rise buildings in Business Bay. The district’s primary goal is to showcase its impressive structures, which deliver the greatest standard of elegance. New, state-of-the-art skyscrapers with first-rate fittings and amenities will be among the many stunning structures to which Business Bay will be home. Housing options in the region range from luxurious and well-lit studios to 5-bedroom penthouses, lofts to duplexes. Some of the most cutting-edge apartments for sale in Business Bay are even available as freehold developments.
The Executive Towers at Business Bay continue to be the most visible structure. The Bay Avenue shopping centre spans two levels of the podium, is accessible from all the towers, and is a nice amenity for residents. The mall is home to 140 stores with a wide variety of eateries and cafes. The Plaza level also called the Courtyard, features a swimming pool, fitness centre, and children’s play area, among other amenities.
The Opus is an architectural marvel featuring remarkable engineering with an intriguing void at its centre. There are various residential buildings with varying facades and a luxurious hotel. Offering a wide variety of dining options, from fast food to fine dining, as well as shopping, bars, and a club, this place is a magnet for people from all over the world.
Why invest in Business Bay?
Here are seven of the most important reasons why Business Bay is the place to be now and in the foreseeable future, especially if you are looking for properties for sale in Dubai.
Proximity to world-class facilities
Potential homeowners and astute investors can benefit from purchasing a home or investment property in close proximity to Downtown. Many of the emirate’s most visited landmarks, including the Burj Khalifa, Dubai Mall, Dubai Mall Fountains, The Museum of the Future, City Walk, and the Dubai Opera, can be found in the downtown area. The convenience of having a base near multiple major attractions will be attractive to both permanent residents as well as visitors.
A mesmerizing skyline
The views of Downtown from Business Bay are spectacular. The city’s tallest building, the Burj Khalifa, is part of a skyline that also features the Dubai Frame, another famous landmark.
A business hub
Business Bay is a district in Dubai that caters heavily to the city’s expatriate workforce. It is conveniently close to several major, modern, and specialised economic centres. The Dubai International Financial Centre and Business Bay are set to get additional investment as part of the city’s newly unveiled Dubai 2040 Master Urban Plan. The need for high-quality, luxury housing will only increase in waves over the next few years as more people move to the area for work. Smart investors will see the importance of getting a foothold in the Business Bay real estate market before it booms.
A social magnet
The Maine Brasserie, Boca, Bombay Brasserie, Armani Ristorante, Nusr-Et Steakhouse, Zuma, and Gaia are just a few world-famous restaurant and nightlife venues found in and around Business Bay. Nearby lies Dubai Design District (D3), the city’s growing cultural centre, which draws in visitors interested in art, design, and fashion from all over the world. But the annual Dubai World Cup horse race, held in Meydan, really brings the city of Dubai into the international spotlight. The event is watched by millions of people all over the world who are interested in both sports and fashion.
Historical heart of the gleaming emirate
Business Bay is conveniently close to the city’s historic core. Across Dubai Creek, in the historic district of Bur Dubai and Deira, locals and visitors may enjoy the city’s plethora of cultural and historical landmarks. The Al Fahidi Historic District, which details the city’s origins, is located here. You can get lost in a maze of gold and spice souks, and there is an abundance of authentic Emirati restaurants to try. Furthermore, just a short drive away from the hustle and bustle of the city lies the Ras Al Khor Wildlife Sanctuary, where visitors may experience a genuinely unique natural reserve.
Reverie of a location
Since convenient access to public transportation is a top priority for locals and tourists alike in Dubai, it comes as no surprise that Business Bay is one of the city’s most conveniently located neighbourhoods. Only 15 minutes away from Dubai International Airport, Business Bay can be reached by Sheik Zayed Road and Al Khail Road, where two metro stations, numerous bus lines, and water taxi stops are located. Getting to and from a property in this part of the city is convenient no matter the time of day or night.
Conclusion
Business Bay is a reverie of location and offers numerous viable investment options, when it comes to real estate. Whether you are looking to buy or rent a property in Business Bay – Dubai, team HFRE is always just a call away at +971 4876 2473 and available at info@hfre.ae as well, where you can write your query in detail. The sales team is obliged to help you make a well-informed investment decision.
