Business Bay Residences Block 16
Business Bay
Developer: Emaar
Current Price
AED 8,346
per sqft
Rental Yield
5%
Total Units
446
Floors
10
Year Completed
2016
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
2025-10
AED 8,695
2025-11
AED 8,611
2025-12
AED 8,596
2026-01
AED 8,654
2026-02
AED 8,767
2026-03
AED 8,905
2026-04
AED 9,033
2026-05
AED 9,118
2026-06
AED 9,135
2026-07
AED 9,080
2026-08
AED 8,963
2026-09
AED 8,810
Trend: Upward trend over past 12 months
Unit Mix
1 Bedroom
20
2 Bedroom
23
3 Bedroom
7
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| Unit-264 | 2 | 2,408 | AED 17,667,981 | 3/9/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
5%
1BR Annual Rent
AED 294,363
2BR Annual Rent
AED 235,845
3BR Annual Rent
AED 335,551
Amenities
Pool
Gym
Concierge
Parking
Community Center
Proximity & Access
Metro: Nearby Station
11 min away
Airport: DXB
33 min away
Beach
9 min away
Downtown Dubai
11 min away
Pros
- Established location
- Community amenities
- Good accessibility
Cons
- Market competition
- Service charges trending
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