Business Bay in Dubai is a unique region known for making substantial contributions to the city’s commercial and business landscape. With its strategic location, contemporary infrastructure, and world-class amenities, it has attracted firms looking for premium office space. This article digs into the best commercial buildings in Business Bay, showcasing their distinguishing qualities and why they rank among the best business towers in Dubai. From iconic skyscrapers to renowned office settings, these towers are the apex of Business Bay’s commercial property.
The Opus Tower
The Opus Tower is an architectural masterpiece designed by the legendary Zaha Hadid. This iconic commercial tower in Business Bay is a blend of art and functionality, offering premium office spaces with state-of-the-art facilities. The tower’s distinctive void design is a visual marvel, making it one of the most recognizable structures in Dubai’s business district. Businesses operating from The Opus Tower enjoy modern office spaces equipped with the latest technology, ensuring a seamless working environment.
The tower features a mix of commercial offices, retail spaces, and a hotel, providing a comprehensive ecosystem for business operations. Its strategic location in Business Bay offers easy access to major highways, public transport, and key commercial hubs, making it an ideal choice for businesses seeking a prestigious office location in Dubai.
Sale Price:
- Average sale price: Approximately AED 5.3 million for commercial spaces​​.
Rent Price:
Rent prices range from AED 1.15 million to AED 4.42 million per year, depending on the unit’s size and specifications. For example:
- 2,569 sqft unit: AED 1.15 million/year
- 3,366 sqft unit: AED 2.5 million/year
- 9,825 sqft unit: AED 4.42 million/year​
Vision Tower
Vision Tower stands as a beacon of innovation and modernity in Business Bay. This high-rise office tower is designed to meet the needs of contemporary businesses, offering flexible office layouts and cutting-edge amenities. The tower’s sleek glass façade and impressive height make it a prominent feature in the Dubai business district skyline.
Vision Tower is equipped with advanced security systems, high-speed elevators, and ample parking facilities, ensuring a comfortable and secure working environment for businesses. Its proximity to major transportation links and the vibrant commercial activity in Business Bay makes it a sought-after location for corporate offices. The tower’s commitment to sustainability and energy efficiency further enhances its appeal to businesses looking for environmentally responsible office spaces.
Rental Trends:
Smaller Units:
- Size: Approximately 250 sqft
- Rent: Around AED 120,000 per year​.
Premium office spaces
Rent: Up to AED 5.27 million per year​.
Average Rent:
Annual rent for typical office spaces: Approximately AED 2.3 million​.
Sales Trends:
Minimum Price:
Smallest office units: AED 694,197 (USD 189,000)​.
Average Sale Price:
Average sale price for commercial properties: Approximately AED 16 million​.
The Regal Tower
The Regal Tower is another prestigious office location in Business Bay, offering premium office spaces that cater to the diverse needs of businesses. The tower’s elegant design and strategic location make it a preferred choice for companies seeking high-rise office towers in Dubai. With over 32 floors of office spaces, The Regal Tower provides a variety of office configurations, allowing businesses to choose spaces that best suit their requirements.
The tower features a range of amenities, including a fully equipped gym, conference rooms, and dining options, ensuring that businesses have access to all necessary facilities within the building. Its prime location in Business Bay offers panoramic views of the Dubai Canal and the cityscape, providing an inspiring environment for businesses to thrive.
Sales Price Trends in The Regal Tower:
- Minimum Price: Smaller office units start at around AED 680,000.
- Average Price: The typical sale price for office spaces is approximately AED 2.1 million.
- High-end Units: Larger and premium office spaces can reach up to AED 11 million.
Rental Trends in The Regal Tower:
Smaller Units:
- Size: Around 280 sqft
- Rent: Approximately AED 50,000 per year.
Typical Office Spaces:
Sizes: Around 1,349 to 1,582 sqft
Rent: AED 202,000 to AED 250,000 per year.
Premium Offices:
Full floors and high-end fitted offices
Rent: Up to AED 2.1 million per year.
Iris Bay
Iris Bay is a distinctive commercial tower in Business Bay, known for its unique crescent shape and futuristic design. This modern office tower offers a blend of aesthetic appeal and functional efficiency, making it a top choice for businesses looking for premium office towers in Dubai. Iris Bay’s innovative design maximizes natural light and provides panoramic views of the surrounding area, creating a vibrant and dynamic working environment.
The tower is equipped with advanced technological infrastructure, high-speed internet, and modern security systems, ensuring a smooth and secure operation for businesses. Its strategic location provides easy access to major highways, public transport, and nearby commercial hubs, making it an ideal location for corporate offices in Business Bay.
Office Rentals:
- Range: 210 sq. ft. to 7,365 sq. ft.
- Prices: Start from AED 30k to upwards of AED 552k annually.
- Features: Some offices include kitchen and washroom; others use shared facilities. Higher floors may have balconies with skyline and Dubai Canal views.
- Shared Offices: Start from AED 30k annually, include shared meeting rooms and lounge areas.
Shell-and-Core Office Rentals:
- Prices: Start from AED 53k for 1,000 sq. ft. up to AED 552k for 7,365 sq. ft.
Fitted Office Rentals:
- Prices: Start from AED 93k for 1,200 sq. ft. up to AED 231k for 2,500 sq. ft.
Office Sales:
- Range: AED 750k to AED 15.5M.
- Shell-and-Core: Start from AED 750k for 1,100 sq. ft. up to AED 1.2M for 1,830 sq. ft.
- Fitted Offices: Range from 1,300 sq. ft. to 1,800 sq. ft., average price around AED 2M. Full floor options up to 10,300 sq. ft. priced from AED 7M to AED 15.5M.
Shops:
- Located on ground floor, used for retail, cafes, or restaurants.
- Rentals: Average AED 575k annually.
- Sales: Range from AED 15.5M to AED 28M.
- Sizes: 2,100 sq. ft. to 10,700 sq. ft., all shell-and-core options.
Bay Square
Bay Square is a mixed-use development in Business Bay that combines office spaces, residential units, and retail outlets in a pedestrian-friendly environment. This unique setup creates a vibrant business hub where companies can operate in a dynamic and interactive community. The commercial properties in Bay Square are designed to offer flexible office solutions, catering to businesses of all sizes.
The development’s open-plan layout and landscaped plazas create an inviting atmosphere, encouraging collaboration and innovation among businesses. Bay Square’s strategic location in the heart of Business Bay ensures easy access to major transportation links, making it a convenient and desirable location for businesses seeking modern office towers in Dubai.
Apartment Types in Bay Square, Dubai
Bay Square includes 326 residential units, with options for both studios and 1-bedroom apartments.
Studio Apartments in Bay Square, Business Bay
Studios range in size from 563 to 1,562 square feet.
Each studio comes with a fully equipped kitchen, living area, balcony, and floor-to-ceiling windows offering panoramic views.
1-Bedroom Apartments in Bay Square, Business Bay
1-bedroom apartments range from 1,121 to 1,563 square feet.
These units feature a master bedroom with a modern bathroom, spacious closet, fully equipped kitchen, hallway, balcony, and large windows.
Offices in Bay Square
Office sizes vary from 150 to 10,331 square feet.
Rental prices start at AED 65,000 annually and can go up to AED 1.1 million.
Apartment Types in Bay Square, Dubai
Bay Square includes 326 residential units, with options for both studios and 1-bedroom apartments.
Studio Apartments in Bay Square, Business Bay
Studios range in size from 563 to 1,562 square feet.
Each studio comes with a fully equipped kitchen, living area, balcony, and floor-to-ceiling windows offering panoramic views.
1-Bedroom Apartments in Bay Square, Business Bay
1-bedroom apartments range from 1,121 to 1,563 square feet.
These units feature a master bedroom with a modern bathroom, spacious closet, fully equipped kitchen, hallway, balcony, and large windows.
Offices in Bay Square
Office sizes vary from 150 to 10,331 square feet.
Rental prices start at AED 65,000 annually and can go up to AED 1.1 million. Purchasing an office in Bay Square ranges from AED 3.5 million to AED 20.5 million.
Shops in Bay Square
Shops cater to retail, cafes, and restaurants.
Rental costs for shops range from AED 300,000 to AED 890,000 annually.
Return on Investment (ROI)
1-bedroom apartments offer an ROI of 7.88%.
Studio apartments yield approximately 7.84% ROI.
Rental Trends in Bay Square
Average rental prices:
Studio apartments: AED 77,000
1-bedroom apartments: AED 108,000
Sales Trends in Bay Square
Average sales prices:
Studio apartments: AED 993,000
1-bedroom apartments: AED 1,546,000
Acquiring an office in Bay Square costs between AED 3.5 million and AED 20.5 million.
Shops in Bay Square
Shops cater to retail, cafes, and restaurants.
Rental costs for shops range from AED 300,000 to AED 890,000 annually.
Return on Investment (ROI)
1-bedroom apartments offer an ROI of 7.88%.
Studio apartments yield approximately 7.84% ROI.
Rental Trends in Bay Square
Average rental prices:
Studio apartments: AED 77,000
1-bedroom apartments: AED 108,000
Sales Trends in Bay Square
Average sales prices:
Studio apartments: AED 993,000
1-bedroom apartments: AED 1,546,000
Executive Towers
Executive Towers is a prominent commercial and residential complex in Business Bay, offering a range of office spaces suitable for various business needs. This development consists of 12 towers, each designed to provide a modern and efficient working environment. The Executive Towers’ prime location offers panoramic views of the Dubai skyline and easy access to major commercial and business hubs in the city.
The towers are equipped with a range of amenities, including high-speed elevators, advanced security systems, and ample parking facilities, ensuring a comfortable and secure working environment for businesses. The presence of retail outlets, dining options, and recreational facilities within the complex adds to the convenience and appeal of this prestigious office location in Dubai.
Sales Price Trends in Executive Tower, Business Bay, Dubai:
- Average price per square foot: AED 1,200
- Two-bedroom apartment: ~AED 2.2 million
- Three-bedroom apartment: ~AED 3.5 million
Rental Trends in Executive Tower, Business Bay, Dubai:
- One-bedroom apartments: AED 94,999 – 105,000 annually
- Two-bedroom apartments: AED 149,999 annually
- Three-bedroom apartments: AED 180,000 – 200,000 annually
One Business Bay
One Business Bay is a high-rise commercial tower that exemplifies the modern architectural design and advanced technological infrastructure. This iconic commercial tower in Business Bay offers premium office spaces with a focus on sustainability and energy efficiency. The tower’s strategic location provides easy access to major highways, public transport, and key business hubs in Dubai.
One Business Bay features a range of amenities, including state-of-the-art conference rooms, fitness centers, and dining options, ensuring that businesses have access to all necessary facilities within the building. The tower’s commitment to providing a sustainable and innovative working environment makes it a top choice for businesses seeking prestigious office locations in Dubai.
Sales Price Trends in One Business Bay, Business Bay, Dubai:
Average price per square foot: AED 1,820
Office space prices: AED 1,750,000 to AED 2,500,000.
Rental Trends in One Business Bay, Business Bay, Dubai:
Office spaces:
AED 95,000 to AED 110,000 annually for smaller units
Up to AED 200,000 or more for larger offices.
Prism Tower
Prism Tower is a landmark commercial building in Business Bay, known for its distinctive design and state-of-the-art facilities. This high-rise office tower offers a range of office spaces designed to meet the needs of modern businesses. The tower’s advanced technological infrastructure and efficient design make it an ideal location for corporate offices in Business Bay.
The Prism Tower features high-speed elevators, advanced security systems, and ample parking facilities, ensuring a comfortable and secure working environment for businesses. Its strategic location provides easy access to major highways, public transport, and nearby commercial hubs, making it a convenient and desirable location for businesses seeking modern office towers in Dubai.
Sales Price Trends in Prism Tower, Business Bay, Dubai:
Office space prices: AED 1,736,325 to AED 1,836,000
Average price per square foot: AED 1,500.
Rental Trends in Prism Tower, Business Bay, Dubai:
Office spaces:
Smaller units: AED 95,000 to AED 110,000
Larger offices: Up to AED 200,000 or more.
The Wrap up
Business Bay, Dubai, is a go to place for some of the most iconic and prestigious commercial towers in the city. These towers offer a range of premium office spaces, equipped with state-of-the-art facilities and strategically located to provide easy access to major transportation links and commercial hubs. From The Opus Tower’s architectural marvel to the innovative design of Iris Bay, these commercial properties in Business Bay represent the pinnacle of modern business infrastructure.
