Business Bay Residences Block 16
Business Bay
Developer: Emaar
Current Price
AED 3,512
per sqft
Rental Yield
5.8%
Total Units
405
Floors
31
Year Completed
2016
Tier
MID MARKET
Investment Thesis
Quality residential with strong fundamentals and consistent market demand.
Best For
- Investors
- Families
- Professionals
Tier Classification
Value-oriented with solid fundamentals, good yields and broad accessibility.
12-Month Price History
2025-08
AED 2,460
2025-09
AED 2,435
2025-10
AED 2,431
2025-11
AED 2,448
2025-12
AED 2,482
2026-01
AED 2,524
2026-02
AED 2,562
2026-03
AED 2,587
2026-04
AED 2,593
2026-05
AED 2,576
2026-06
AED 2,541
2026-07
AED 2,496
Trend: Upward trend over past 12 months
Unit Mix
1 Bedroom
40
2 Bedroom
79
3 Bedroom
47
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| Unit-231 | 2 | 2,120 | AED 22,447,082 | 2/14/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
5.8%
1BR Annual Rent
AED 347,556
2BR Annual Rent
AED 162,780
3BR Annual Rent
AED 229,957
Amenities
Pool
Gym
Concierge
Parking
Community Center
Proximity & Access
Metro: Nearby Station
13 min away
Airport: DXB
33 min away
Beach
11 min away
Downtown Dubai
16 min away
Pros
- Established location
- Community amenities
- Good accessibility
Cons
- Market competition
- Service charges trending
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