Is Business Bay Dubai A Good Investment?
Business Bay in Dubai is the best location for working professionals & families, there are lots of reasons to buy a property here, read this blog to know more.
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Dubai’s foreign real estate become more & more attractive to investors and this is visible through many reports & DATA. 2021 was a record year with a total real estate transaction of 60,958 which is 75.2% higher than 2020. Business Bay is one of the popular real estate investment destinations in Dubai.
As its name defined “Business Bay” this community is the business centre of Dubai, which combines many commercial towers, hotels, and residential high-rises. Here you can easily find perfect off-plan development from builders like DAMAC & EMAAR. Many of you have not convinced by the numbers and still looking for more reasons to invest in Dubai Business Bay. So here are the answers to your question - Is Business Bay A Good Investment?
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A Perfect Location In Dubai
Business Bay is located just adjacent to Downtown Dubai and there is no difference between these two neighbourhoods. So, here Burj Khalifa & Dubai Mall are your neighbours. Here you can choose your home from different residential options as per your needs & budgets like studio apartments, hotel apartments, luxury apartments and villas as outright purchases or rent. In Business Bay Dubai there are many best residential options from Damac Properties at a good price. But if you are looking for off plan studio, 1 or 2 Bed Apartment then DAMAC Chic Tower is the latest option at a very attractive price. The best amenities and facilities of this development are a bonus for the residents.
You Can Get More Savings
Just think how amazing it would be to live with family in a high-rise tower with an eye-catching view of Dubai Canal and Burj Khalifa at the very best price. As we mentioned in the upper paragraph that Downtown Dubai and Business Bay are neighbours but property prices in Business Bay are low in comparison to Downtown.
For example, a 1 Bed Apartment in Downtown Dubai will cost you around AED 1.5 Million and the same apartment in Business Bay will cost you approx AED 1 Million with almost equal ROI.
A Perfect Neighbourhood For A Diverse Population
Business Bay is one of the best communities in Dubai where people from different nationalities live together in perfect harmony. There are lots of events frequently held in Business Bay to encourage inhabitants to get socialize, have fun, and enjoy themselves with other inhabitants. So regardless of your ethnicity or nationality, rest assured that you will feel Business Bay as your permanent home.
Everything Is Within Convenient Reach
Even as the entire Dubai is full of convenience & luxury but as a resident of Business Bay, you will get a little extra. This region has lots of retail stores, malls, and supermarkets. Here you can easily find the best dining options and the best hotels and restaurants offering an unbelievable diversity in cuisine, ambience, and price.
Not only dining & lifestyle but reputed educational institutions are also nearby. Some of the best institutions are:-
- Old Town Nursery
- Gems Wellington
- Gems Wellington International Al Sufouh
- Gems Dubai American Academy
Business Bay also boast of the best medical facilities for cardiovascular treatment, ENT, kidney transplants and hair transplants etc.
- Emirates Hospital Clinic
- Aster Hospital
- Medeor 24X7 Hospitalw
- Arable Medical Centre
Just like Downtown, Business Bay is also known for presenting a high-end lifestyle. Here you can enjoy the best stunts & magic tricks at La Perle. This location also has many best fine-dine restaurants & bars for nightlife. If you are looking for recommendations for the best nightlife venue in Business then we recommend you to visit The Billionaire Mansion, offering unlimited fun, the best food & beverages, and non-stop dancing.
It Is A Great Place For Families
There are many residential developments in Business Bay that present bigger units for families with children and parents. These developments present every required amenities & facility.
These developments feature a wide lawn with outdoor gyms and a jogging track where you can work out and enjoy the open and green surroundings. There is a range of recreational facilities like indoor & outdoor sports, and swimming pool etc.
As well as, many developments in Business Bay hosts farmers’ market during the winter seasons. In this market, you can purchase fresh vegetables, fruits and dairy products directly from the farmers. These types of markets also host crafts & art activities for the children. There are many developments in Business Bay presenting children’s play areas and kids' pools.
It Is A Neighbourhood That Is Highly Well-Connected
No matter that you have your own personal vehicle but if you prefer to travel through public transport then Business Bay is the perfect choice for you. Here you can travel through Dubai Metro to travel between big locations of Dubai. You can enjoy your ride through water taxis ®ular taxis. Bus services are also available for major locations in and around Dubai.
Presence of the Dubai Canal at Business Bay has made it a perfect place to live. Dubai Canal connects the Dubai Creek area to the sea in Jumeirah, passing through the Business Bay. So this Dubai Canal not only work as a perfect mode of connectivity through water taxis but provide eye-catching views from the highrises, and motivate the residents to walk & jog alongside.
Business Bay is a well-developed location which is still developing, so there are lots of things that are about to come in this location. There are many best attractions & highrise towers are under construction that will attract more & more investors from around the world. So, if you are looking for the best investment then invest now in Business Bay.
Working Hub For Professionals
Now you understand that Business Bay is a community in Dubai with a mixture of residential & commercial activities. This locality is close to numerous important economic zones of Dubai like Dubai International Financial Centre (DIFC), Dubai Healthcare City, and the Dubai World Trade Centre (DWTC). According to the Dubai Master Urban Plan of 2040, Business Bay & DIFC will be the new financial zone of Dubai.
With more & more foreign buyers, businessmen & investors from different parts of the world expected to come, the need for high-quality, luxury housing will continue to rise in waves.
Conclusion
The property market of Dubai has made a good comeback just after Covid-19, and Business Bay is the best example of this. From grand commercial developments, there is a non-stop transition in residential and leisure developments. The pattern of the Business Bay master plan is similar to the Downtown and there is a huge scope for future expansion with the best ROI & rental.
According to real estate investment experts, real estate activity in Business Bay has increased manifold, with the residential and hospitality developments leading the way, while the commercial developments are performing normally. Many commercial developments in Business Bay are being turned into recreational and residential zones under redevelopment plans. So, without any doubt, Business Bay is the best investment opportunity for both investors & home buyers.
If you are looking for the best investment opportunity or a luxury home for your family in the best community from a reputed developer then Dubai Housing can help you in finding the best. We are the channel partner of DAMAC, Sobha, EMAAR, Azizi and many other developers in Dubai. If you have any queries please feel free to contact us.
