10 Top Towers in Business Bay - Dubai
Last modified on 6th September 2024. Dubai Real Estate Blog
14 minutes read
- Introduction
- Why Choose Towers in Business Bay?
- 5 Best Commercial Towers in Business Bay
- 1. The Opus Tower
- 2. Vision Tower
- 3. Regal Tower
- 4. Iris Bay
- 5. Bay Square
- 5 Best Residential Towers in Business Bay
- 1. Executive Towers
- 2. Capital Bay Towers
- 3: Merano Tower
- 4. Ontario Tower
- 5. Damac Maison Prive
- Future Developments in Business Bay
- Conclusion
- FAQs:
Introduction
We know an area where towering structures pierce the sky, each one a testament to human ingenuity and ambition. Business Bay Dubai is that area, where dreams take shape in concrete and glass, and the ordinary becomes extraordinary.
Business Bay hosts an impressive collection of residential and commercial towers. Don’t confuse towers with skylines: in a nutshell, towers are individual, tall structures that can serve various purposes, while skylines are the overall visual appearance of a city, shaped by its tallest buildings, including towers.
Why Choose Towers in Business Bay?
Business Bay, Dubai, has emerged as a sought-after location for residential and commercial towers. Here is why:
- Business Bay Tower’s Location: Strategically located near key business districts like Downtown Dubai.
- It offers excellent connectivity via a network of roads and public transportation.
- Home to some of Dubai’s most iconic and tallest skyscrapers.
- Breathtaking views of the Dubai Canal, Downtown Dubai, and the Dubai Creek.
- High-end amenities and facilities, from swimming pools, terraces, fitness centers, and spas to retail and shopping centers.
- Mixed-use developments with a mix of residents and businesses cohabitating in a vibrant and dynamic atmosphere.
- Business Bay Towers Investment Opportunities: The district’s popularity has created a high demand for properties, making it a smart investment option. The demand for real estate in this city led to strong property appreciation.
- Sustainable features and green initiatives such as energy-efficient materials and equipment, contribute to a more environmentally friendly lifestyle.
5 Best Commercial Towers in Business Bay
1. The Opus Tower
The Opus Tower is not one of the best commercial towers in Business Bay; it is the best in Business Bay. A sculptural and emblematic masterpiece envisioned and designed by architectural legend Zaha Hadid. Its unique and interconnected structure has made it a landmark in Dubai's skyline.
Location:
Located in the heart of Business Bay Dubai, in the Burj Khalifa District.
Key Features and Amenities:
- Futuristic Architecture: A striking fusion of modern and traditional aesthetics, this sculpture's organic form, resembling a liquefied ice cube with a hollow, fluid core, curved spaces, and minimalist designs and facades, demonstrates innovative creativity.
- Offering many business opportunities in Business Bay
- Award-winning masterpiece
- Views of the Burj Khalifa and Business Bay.
- Features the “ME” Dubai Hotel, which includes full access to the hotel spa, gym, and swimming pool.
- Luxurious Offices
- The Opus Residences (96 furnished residences ranging from 1-4 bedrooms)
- Penthouses
- A mix of culinary experiences is offered by 8 F&B outlets.
Services and Facilities:
- 24/7 Security: Known as the tower that never sleeps, The Opus Tower ensures the safety and security of its tenants and visitors with round-the-clock surveillance.
- Concierge Services: A dedicated concierge team provides personalized assistance and services to tenants.
- Meeting and Event Spaces: The tower offers flexible meeting and event spaces to accommodate various business needs.
Types of Units:
The Opus Tower primarily focuses on commercial office space but also offers residential units and penthouses.
Average Prices:
Due to the prestigious lifestyle it offers, the average price of units in the Opus Tower tends to be premium.
Check Also:
2. Vision Tower
Vision Tower is a modern commercial tower offering well-appointed, spacious, free-hold office spaces.
Location:
Vision Tower is situated at the entrance to Business Bay Dubai, on the Sheikh Zayed Road in proximity to the Business Bay metro station and main highways of Dubai.
Key Features and Amenities:
- 60 commercial floors built with a high-performance transparent glazed glass facade that allows a clear view from in and out, reflects the sun and offers panoramic views of Business Bay and Dubai.
- The only stand-alone office building by Dubai Properties in Business Bay.
- Commercial offices for rent and sale.
- A few blocks away from the Business Bay metro station.
- 17-minute drive to Dubai International Airport.
- State-of-the-art gym.
Services and Facilities:
- 24/7 CCTV surveillance.
- Gated tower.
- 24/7 concierge services.
- Banking facilities are on the ground floor.
- The available parking area fits up to 1220 cars.
- 16 safe elevators reaching a speed of 7 m/s
Types of Units:
The Vision Tower is a commercial tower that offers commercial office space and not residential units. You can find shell and core offices, fitted offices, small studio-like office units, furnished penthouse workspaces, and more.
Average Prices
- Offices for rent: Ranging from AED 340K to AED 1.45M.
- Offices for sale: Ranging from AED 5M to AED 16M.
3. Regal Tower
The Regal Tower is a luxurious commercial skyscraper offering premium office spaces.
Location:
The Regal Tower is situated in the heart of Business Bay, at the central part.
Key Features and Amenities:
- 265 offices spread over 33 floors.
- A swimming pool and a health club equipped with a sauna and a steam room.
- Various shops.
- A mini golf course surrounded by a large terrace area.
- Conference halls dedicated to special events and meetings.
- A ground floor cafeteria.
Services and Facilities:
- CCTV cameras for ultimate security.
- Retail and commercial outlets.
- 7 podium levels dedicated to spacious parking.
- 8 high-speed elevators.
Types of Units:
The Regal Tower is a commercial tower that offers commercial office spaces and does not offer residential units. You can find fully fitted, shell, and core offices for rent and sale.
Average Prices
- Offices for rent in Regal Tower: Ranging from AED 22K to AED 1.6M.
- Offices for sale in Regal Tower: Ranging from AED 860K to AED 15M, more affordable than Vision Tower.
Also Check:
4. Iris Bay
Iris Bay is a modern commercial high-rise tower offering a mix of office spaces and retail outlets. Its sleek architecture and design (moon-type shape) have made it instantly recognizable in Business Bay, giving it a strategic commercial positioning.
Location: Iris Bay is located near Sheikh Zayed Road, Dubai Canal, and the Business Bay metro station.
Key Features and Amenities
- The ground floor of Iris Bay hosts retail shops for rent and sale.
- Swimming pool
- Landscaped garden
- EMS Fitness Factory gym.
- Game areas.
- Conference and meeting rooms.
Services and Facilities
- 920 covered parking spaces.
- 6 high-speed elevators.
- Security guards and cameras.
- Check-in desk.
Types of Units: The Iris Bay Tower consists of office spaces only.
Average Prices
-
Offices for rent in Iris Bay: Ranging from AED 30K to AED 552M.
-
Offices for sale in Iris Bay: Ranging from AED 750K to AED 15.5M, more affordable than Vision Tower.
Check Also:
5. Bay Square
Bay Square is a mixed-use development consisting of 13 mid-rise buildings offering a combination of 573 commercial office spaces, 326 residential units, and 126 retail outlets. This mix is what makes it a special tower in Business Bay.
Location:
Bay Square is situated close to Sheikh Zayed Road, between Downtown Dubai and Dubai Creek.
Key Features and Amenities:
- A 4-star Hotel.
- Swimming Pool
- Fitness Center
- Yoga Room
- Sauna and steam room
- Open spaces, walkways, and jogging tracks surrounded with water features.
- Lounges for meetings and gatherings.
- Restaurants
Services and Facilities:
- Underground parking area(fitting up to 4000 vehicles)
- Serviced elevators in each building.
- Round-the-clock concierge services.
- Utmost security is manifested through professional security staff and 24/7 CCTV surveillance.
Types of Units:
Along with commercial units, Bay Square offers studios, lofts, and 1-bedroom apartments for sale and rent.
Average Prices:
The prices of units at Bay Square vary depending on the type, size, and specific features. Contact the development's sales office for the most accurate and up-to-date pricing information.
Check Also:
5 Best Residential Towers in Business Bay
1. Executive Towers
Executive Towers is a residential and commercial development of 12 towers. Known for its modern architecture and upscale amenities, Executive Towers offers a sophisticated lifestyle for residents in 1799 apartments.
Location:
Executive Towers are strategically positioned close to Sheikh Zayed Road and the Business Bay metro station.
Key Features and Amenities:
- A hotel tower (The Taj Hotel)
- Bay Avenue Mall spans over 2 floors and hosts cafes, dining venues, retail shops and markets, a women's spa, a men's salon, and a tanning center.
- Swimming pool
- Well-equipped modern gym
- Kids park area
- Waterfront terraces
- Landscaped plazas
- Fountain yards
- Courtyards
- Walking arcades
- Sports facilities
Services and Facilities:
- Covered ample parking space
- High-speed elevators and a separate cargo lift.
- Security, central air-conditioning, and on-site maintenance services.
- A concierge service to welcome guests and visitors.
- Medical center with 24/7 doctor availability.
Types of Units:
Executive Towers feature a mix of residential apartments ranging from 1 to 4-bedroom apartments, studios, lofts, duplex penthouses, and podium villas. 1 Executive Tower (the Aspect Tower) is built for commercial uses and thus features commercial spaces and offices.
Average Prices:
You can find apartments for rent in Executive Towers starting from as little as AED 80,000 per year. If you want to purchase a property, expect to pay an average of AED 1.5-2 M.
Check Also:
2. Capital Bay Towers
Capital Bay Towers is another prominent residential development in the district. It comprises 2 mid-rise buildings known for their contemporary design and premium amenities.
Location:
Capital Bay Towers offers excellent connectivity to the city's major transportation networks and good underground train connectivity.
Key Features and Amenities:
- Retail Space on the ground floor
- Gymnasium
- Swimming Pool
- Cafeteria
- Luxurious Spa
- Aerobics Room
- Sauna and Steam Room
- Health Club
- Shopping Arcade
- Landscaped Courtyard
Services and Facilities:
- Business Lounge
- Conference Rooms
- Reception Desk
- Car Parking
- 24/7 Security
Types of Units:
Capital Bay Towers offers a mix of studios, 1,2,3-bedroom serviced apartments. The development also offers commercial apartments.
Average Prices:
You can find apartments for rent in Capital Bay starting from as little as AED 60,000 per year. If you want to purchase a property, expect to pay an average of AED 1M.
Check also:
- Apartments for rent in Capital Bay Tower A
- Apartments for rent in Capital Bay Tower B
- Apartment for Sale in Capital Bay Tower A
- Apartment for Sale in Capital Bay Tower B
3: Merano Tower
Developed by DAMAC properties, Merano Tower is a 29-floor residential tower known for its urban design and architecture. It allows its residents to benefit from mesmerizing views of Downtown Dubai.
Location:
Located near Downtown Dubai.
Key Features and Amenities:
- Swimming Pool
- Gymnasium
- Several elite hotels, including the lavish JW Marriot Marquis.
- Multiple entertainment, leisure, and shopping hubs.
Services and Facilities:
- Underground parking spaces
- High-speed elevators
- Maintenance, services
- High-end lobby
- High-tech security system
- 24-hour front desk services,
Types of Units:
Merano Towers offers 1, 2, and 3-bedroom units. It also hosts hotel apartments and commercial units.
Average Prices:
You can find apartments for rent in Merano Tower starting from as little as AED 60,000 per year. If you want to purchase a property, expect to pay an average of AED 1M.
Check Also:
4. Ontario Tower
Ontario Tower is a prominent mixed-use development. It offers a blend of residential, commercial, and retail spaces, making it a desirable location for residents and businesses. Ontario Tower is not only a desirable place to live or work but also an ideal location for those seeking easy access to Dubai's best landmarks and districts.
Location:
Situated in the heart of Business Bay, Ontario, the Tower benefits from its strategic location along the beautiful lagoons of Dubai Creek. It's also strategically positioned near Burj Khalifa, Dubai Mall, DIFC, and Dubai Metro Station. Being only 200 meters away from Sheikh Zayed Road, Ontario Tower is one of the best towers in Business Bay.
Key Features and Amenities:
- Residents and tenants can enjoy a range of amenities such as a swimming pool and gym.
- Ontario Tower's prime location makes it a potentially lucrative investment.
- Health Club, steam, and sauna.
- Conference rooms and a cafeteria.
- A small daycare center and a play area for children
Services and Facilities:
- Waste disposal service
- Covered Parking
- 24-hour Security
- High-Speed elevators
- A help desk in the lobby
Types of Units:
Ontario Tower houses a variety of unit types, including studios, one-bedroom, and two-bedroom apartments, along with commercial spaces like offices, showrooms, and retail shops.
Average Prices:
The average monthly rental prices for apartments in the specified area are as follows: studio apartments cost 70,000 AED, one-bedroom apartments cost 90,000 AED, and two-bedroom apartments cost 134,000 AED.
Check Also:
- Apartment for Sale in Ontario Tower
- Offices for sale in Ontario Tower
- Offices for rent in Ontario Tower
5. Damac Maison Prive
Damac Maison Prive stands out among the best residential towers in the area due to its elegant design, premium finishes, and spacious units.
Location:
DAMAC Prive is connected to the rest of Dubai through Marasi Drive Street. The tower is close to Sheikh Zayed Road and Al Kharel Road.
Key Features and Amenities:
- Waterfront apartments looking out over the Dubai Canal waterway.
- Commercial, hospitality, entertainment, and leisure facilities rub shoulders with green spaces, water features, lakes, and fountains.
- Swimming pools
- State-of-the-art gym
- Spa and wellness center
- Tennis courts
- Children's play area
- Manicured landscaping
- Comfy lounge with 24-hour restaurant
Services and Facilities:
- Valet parking
- High-speed internet
- 24-hour security
- Lobby lounge
- Concierge services
- Housekeeping
- Laundry services
- Maintenance services
Types of Units:
DAMAC Prive offers spacious studios and nicely laid out 1 and 2-bedroom apartments.
Average Prices:
You can find apartments for rent in DAMAC Prive starting from as little as AED 70,000 per year. If you want to purchase a property, expect to pay an average of AED 1M.
Check also:
Future Developments in Business Bay
- The Sterling by Seven Tides
- Burj Binghatti Jacob & Co by Binghatti Developers
- Peninsula by Seven Tides
- The Edge by Sobha Group
- Trillionaire Residences by Danube Properties
- Residence 110 by Emaar Properties
- Nobles Tower by Seven Tides
- Urban Oasis by Azizi Developments.
- Regalia By Deyaar by Deyaar Development
- Ahad Residences by Seven Tides
- Binghatti Canal by Binghatti Developers
- The Paragon by IGO by IGO Developments
- Jumeirah Living by Emaar Properties
- Chic Tower by Seven Tides
- Canal Heights by Canal Heights Development
- UPSIDE Living by Seven Tides
- Canal Heights 2 by Canal Heights Development
- The Quayside by Seven Tides
- Safa Two by Damac Properties
- DG1 by Sobha Group
Conclusion
Business Bay, the business heart of Dubai, continues to be a sought-after destination for residential and commercial towers. The combination of luxury lifestyle and prime amenities and facilities makes it an attractive option for those looking to invest in or relocate to Dubai.
FAQs:
1. How many towers are in Business Bay?
Home to numerous high-rise towers, with the exact number fluctuating as new developments are completed, there were approximately 200 towers in Business Bay in 2023.
2. Is Business Bay walkable?
Yes, business can also mean convenience. The district is well-planned with pedestrian-friendly walkways and landscaped parks, making it convenient to explore on foot.
3. What is Business Bay known for?
Primarily known for being the business heart of Dubai, its modern office towers, luxury residential developments, and top-notch hotels make it a popular destination for living, working, shopping, dining, and entertaining.
4. How can I lease or buy office space in Business Bay Tower?
To lease or buy office space, you can work with a reputable real estate agency specializing in commercial properties in Dubai. They can help you find suitable options, negotiate terms, and complete the necessary legal paperwork.
5. What is the expected ROI for properties in Business Bay Tower?
The expected ROI for properties can vary depending on factors such as the property type, size, exact location, and market conditions. However, based on general market trends, you can expect the following approximate ROIs:
- Offices: 5.5-7.5%
- Studios: 5-6%
- 1-Bed units: 4.5-6.5%
6. How accessible are Business Bay Towers from other parts of Dubai?
Business Bay towers are well-connected to other parts of Dubai through a network of roads and highways, mainly Sheikh Zayed Road. They are also served by the Dubai Metro, making them easily accessible by public transportation. They are located just minutes away from Downtown Dubai and are also easily accessible to other major areas such as Dubai Marina and Dubai International Airport.
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