Business Bay Residences Block 61 Price History
Five-year market trajectory for this iconic ultra luxury property in prestigious Business Bay
Investment-Grade Profile
This prestigious landmark property offers unparalleled ultra-prime positioning in Business Bay. With current pricing at AED 8807/sqft, the Business Bay community reflects market consolidation with resilience across premium segments. Investment-grade fundamentals underpinned by trophy location, curated amenities and sophisticated buyer demographics position this property as a cornerstone holding for discerning investors seeking elevated returns and lifestyle integration across Dubai's most coveted neighborhoods.
5-Year Price Trajectory
| Year | Avg Price/sqft | YoY Change | Transactions |
|---|---|---|---|
| 2022 | AED 8,807 | 1 tx* | |
| 2023 | AED 8,807 | 0% | 1 tx* |
| 2024 | AED 8,807 | 0% | 1 tx* |
| 2025 | AED 8,807 | 0% | 1 tx* |
| 2026 | AED 8,807 | 0% | 1 tx* |
* Community-level data. Direct building transactions may vary.
Rental Evolution & Yield
| Year | Avg Rent (1BR/mo) | Avg Rent (2BR/mo) | Yield % |
|---|---|---|---|
| 2022 | AED 16,406 | AED 41,692 | 5.2% |
| 2023 | AED 16,406 | AED 41,692 | 5.1% |
| 2024 | AED 16,406 | AED 41,692 | 5.2% |
| 2025 | AED 16,406 | AED 41,692 | 5.5% |
| 2026 | AED 16,406 | AED 41,692 | 5.8% |
This elevated yield profile reflects the curated positioning and premium location commanding sophisticated buyer demographics across Dubai's most coveted neighborhoods.
Owner Turnover & Market Activity
15% of units show resale activity
This owner turnover rate indicates stable ownership within Business Bay Residences Block 61. Units with multiple transactions demonstrate active investor participation, reflecting strong confidence in the investment-grade fundamentals of this trophy property.
Peak Market Activity Year
2022 (1 transactions)
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