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
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
| Building | Type | Bed | Date | Price | /sqft |
|---|---|---|---|---|---|
| Business Bay Prime Tower | APARTMENT | 3 | 2024-08-20 | AED 72,000,000 | 15,000 |
Building Activity Summary
Avg price/sqft: AED 15,000
Price per sqft Range
Minimum
AED 15,000
Maximum
AED 15,000