Upper Mid-Market · 2024 Market Intelligence

Studios Market
Business Bay

Investment-grade market analysis for prestigious studios across one of Dubai's most commanding communities curated for discerning investors and owner-occupants.

Avg. Price / Sqft

AED 1,690

+0% YoY

Transactions (2024)

358

+4.7% vs prior year

Gross Rental Yield

6.5%

Rental index AED 85,104 p.a.

Total Volume

AED 0.96B

Median deal AED 5,734,494

Year-over-Year Market Overview

Business Bay studios recorded a measured market recalibration of 0.0% in 2024, with average pricing at AED 1,690 per sqft positioning this prime, curated segment among Dubai's most sought-after real estate. Gross rental yields of 6.5% underscore the investment-grade fundamentals, attracting a discerning global investor base seeking curated, signature assets within one of the world's most transparent and tax-efficient property markets.

Capital Growth Forecast

+7.4%

12-month forward projection

Market Tier

Upper Mid-Market

Dubai luxury classification

Price Per Sqft Trends

YearAvg. AED / SqftTransactionsVolume
2024Current1,690358AED 962M
20251,736361AED 795M
20261,785352AED 1601M

Transaction Volume

The Business Bay studios segment recorded 358 transactions in 2024, generating AED 0.96B in total capital deployed. This commanding market activity reflects sustained institutional interest and a curated pipeline of signature transfers from both primary and secondary markets.

Volume growth of +4.7% year-over-year underscores the prestige positioning of this property type within one of Dubai's most investment-grade communities.

Investment Outlook

  • Gross Rental Yield

    6.5% competitive within the Upper Mid-Market tier, with rental index at AED 85,104 per annum.

  • Capital Growth Forecast

    Forward projection of +7.4% over 12 months, supported by curated supply constraints and sustained prime demand.

  • Median Transaction

    AED 5,734,494 reflecting investment-grade entry points for discerning capital.

Supply Pipeline

Curated upcoming developments scheduled to deliver studios inventory in Business Bay, shaping the supply-demand dynamic for 2024 and beyond.

The Commanding Heights

Units

141

Expected Handover

Q3 2026

The Commanding Heights

Units

225

Expected Handover

Q1 2024

The Commanding Heights

Units

301

Expected Handover

Q3 2026

The Commanding Heights

Units

312

Expected Handover

Q2 2025

Comparable Communities

Signature communities offering comparable studios investment profiles within Dubai's prestigious luxury property landscape.

Business Bay 2024 Other Property Types

Explore Signature Studios in Business Bay

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