Business Bay 2024

Curated luxury property transactions verified sales data and investment-grade market analysis

Transactions

1

Average Price

AED 72,000,000

Median Price

AED 72,000,000

Avg AED/sqft

15,000

Highest Sale

AED 72,000,000

YoY Price Change: -12%

Year in Review

In 2024, Business Bay's curated luxury real estate market recorded 1 elevated transactions. This prestigious community's investment-grade properties commanded a signature average price of AED 72M, with a median transaction value of AED 72M, reflecting the prime positioning of Business Bay within Dubai's most sought-after addresses.

The investment landscape in 2024 demonstrated the enduring appeal of Business Bay's signature lifestyle proposition. With an average price per square foot of AED 15000, this year's transactions underscored the elevated market positioning that draws global high-net-worth buyers. The market's most prestigious transactiona signature property in Business Bay Prime Towerachieved AED 72M, exemplifying the investment-grade caliber of this community's curated inventory.

Year-over-year pricing dynamics revealed that Business Bay's premier asset class adjusted, with average values moving -12%. This movement reflects both the inherent scarcity premium of the community's elevated portfolio and broader investment sentiment toward Dubai's most prestigious real estate.

Building-level engagement in 2024 highlighted concentrated activity in Business Bay Prime Tower, where signature properties continued to exemplify the investment-grade standards that define Business Bay's curated marketplace. These prestigious addresses collectively facilitated substantial transaction volume, underscoring their position as bellwethers of Business Bay's investment narrative.

The year's transaction record provides essential data for private wealth advisors, family offices and investment-grade market participants evaluating the long-term appreciation trajectory and portfolio positioning within Business Bay. All verified sales dataindexed and searchable by property type, building and transaction dateremain accessible through our comprehensive archive for strategic market analysis.

Most Prestigious Sales

BuildingTypeBedDatePrice/sqft
Business Bay Prime TowerAPARTMENT32024-08-20AED 72,000,00015,000

Building Activity Summary

Avg price/sqft: AED 15,000

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Price per sqft Range

Minimum

AED 15,000

Maximum

AED 15,000

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