Business Bay Residences Block 16
Business Bay
Developer: Emaar
Current Price
AED 7,858
per sqft
Rental Yield
4.6%
Total Units
270
Floors
14
Year Completed
2022
Tier
ULTRA LUXURY
Investment Thesis
Quality residential with strong fundamentals and consistent market demand.
Best For
- Investors
- Families
- Professionals
Tier Classification
Ultra-Luxury positioning with premium pricing, iconic branding and HNWI appeal.
12-Month Price History
2025-12
AED 9,275
2026-01
AED 9,197
2026-02
AED 9,183
2026-03
AED 9,233
2026-04
AED 9,335
2026-05
AED 9,460
2026-06
AED 9,575
2026-07
AED 9,651
2026-08
AED 9,665
2026-09
AED 9,613
2026-10
AED 9,505
2026-11
AED 9,365
Trend: Upward trend over past 12 months
Unit Mix
1 Bedroom
32
2 Bedroom
16
3 Bedroom
40
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| Unit-280 | 2 | 2,441 | AED 12,933,834 | 3/8/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
4.6%
1BR Annual Rent
AED 269,785
2BR Annual Rent
AED 412,249
3BR Annual Rent
AED 638,374
Amenities
Pool
Gym
Concierge
Parking
Community Center
Proximity & Access
Metro: Nearby Station
10 min away
Airport: DXB
24 min away
Beach
12 min away
Downtown Dubai
28 min away
Pros
- Established location
- Community amenities
- Good accessibility
Cons
- Market competition
- Service charges trending
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