What's the price range at Business Bay Grand Residences?
Current price per sqft: AED 3900. Recent transactions: 3BR 2500sqft at AED 9,750,000; 2BR 1600sqft at AED 6,240,000. Price history (12 months): ranging from AED 3880 to AED 3900/sqft.
Business Bay Grand Residences – Investment & Lifestyle FAQ
Complete guide to Business Bay Grand Residences in Business Bay: pricing, amenities, rental potential and ownership costs.
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Pricing & Units
What units are available at Business Bay Grand Residences?
Unit mix: 68 × 1BR, 90 × 2BR, 24 × 3BR, 0 × 4BR, 2 × Penthouse. Total: 224 units. Standard residential tower.
Is Business Bay Grand Residences a good value, or overpriced?
Tier: PREMIUM. Investment thesis: "Business Bay grand tower with excellent 5.6% yields and corporate tenant appeal; metro proximity and central location drive demand.". Comparable buildings in Business Bay range AED 3400–4400/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does Business Bay Grand Residences offer?
Amenities: Business Bay view, Pool, Spa, Restaurant, Business center and more. Year completed: 2019. Floors: 20. Well-maintained common areas and 24/7 security.
How many floors and units per floor in Business Bay Grand Residences?
20 floors. Total units: 224. Average units/floor: 12. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in Business Bay Grand Residences?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (90 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is Business Bay Grand Residences from key landmarks?
Beach: 10 mins. Business Bay metro: 2 mins. Downtown Dubai: 8 mins. Airport (DXB): 12 mins.
Is Business Bay Grand Residences easy to get to and from?
Metro accessible via Business Bay. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around Business Bay Grand Residences?
Located in Business Bay, a premium community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 1365/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 170625/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in Business Bay Grand Residences?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at Business Bay Grand Residences?
Gross rental yield: 5.6%–7.1%. 1BR typical rent: AED 13,750/month. 2BR: AED 22,500/month. Strong tenant demand; typical vacancy: 1–2 months/year.