Project · Transactions · 2022

51 @ Business Bay Property Transactions 2022

25 property sales worth ⃃ 20.54M were registered in 51 @ Business Bay in 2022, 30.6% lower than 2021 by number of sales. The median sale price was ⃃ 900,000 and the median price per square foot ⃃ 858 (+31.2% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 25 salesUpdated: 13 Nov 2026
Property sales
25
−30.6% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 20.54M
−27.6% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 900,000
+29.7% vs 2021
25 sales
Median price per sq ft
⃃ 858
+31.2% vs 2021
25 sales

What types of property sold in 51 @ Business Bay in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial25100%⃃ 20.54M⃃ 900,000⃃ 858

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)416%⃃ 5.8M⃃ 1,450,945⃃ 1,253
Resale (secondary)2184%⃃ 14.75M⃃ 800,000⃃ 733
Ready25100%⃃ 20.54M⃃ 900,000⃃ 858

How many rental contracts were registered in 51 @ Business Bay in 2022?

148 rental contracts (new and renewed) were registered in 51 @ Business Bay in 2022, at a median annual rent of ⃃ 80,000 (+12.7% on 2021). Rental yields in 51 @ Business Bay

What were the most expensive property sales in 51 @ Business Bay in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/10/202251 @ Business BayCommercial1,499 sq ft⃃ 1,600,000Resale · Ready
23/03/202251 @ Business BayCommercial1,158 sq ft⃃ 1,450,945Primary · Ready
30/05/202251 @ Business BayCommercial1,158 sq ft⃃ 1,450,945Primary · Ready
30/05/202251 @ Business BayCommercial1,158 sq ft⃃ 1,450,945Primary · Ready
23/03/202251 @ Business BayCommercial1,154 sq ft⃃ 1,446,225Primary · Ready
27/09/202251 @ Business BayCommercial1,123 sq ft⃃ 1,200,000Resale · Ready
10/01/202251 @ Business BayCommercial1,123 sq ft⃃ 1,200,000Resale · Ready
04/08/202251 @ Business BayCommercial1,154 sq ft⃃ 1,150,000Resale · Ready
20/07/202251 @ Business BayCommercial1,142 sq ft⃃ 1,048,784Resale · Ready
21/11/202251 @ Business BayCommercial1,154 sq ft⃃ 1,040,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
21/11/202251 @ Business BayCommercial1,154 sq ft⃃ 1,040,000Resale · Ready
26/10/202251 @ Business BayCommercial1,499 sq ft⃃ 1,600,000Resale · Ready
04/10/202251 @ Business BayCommercial908 sq ft⃃ 947,000Resale · Ready
27/09/202251 @ Business BayCommercial1,123 sq ft⃃ 1,200,000Resale · Ready
12/09/202251 @ Business BayCommercial1,158 sq ft⃃ 900,000Resale · Ready
12/09/202251 @ Business BayCommercial793 sq ft⃃ 800,000Resale · Ready
12/09/202251 @ Business BayCommercial1,091 sq ft⃃ 800,000Resale · Ready
16/08/202251 @ Business BayCommercial1,166 sq ft⃃ 1,000,000Resale · Ready
04/08/202251 @ Business BayCommercial1,154 sq ft⃃ 1,150,000Resale · Ready
20/07/202251 @ Business BayCommercial1,142 sq ft⃃ 1,048,784Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/51-business-bay/2022
51 @ Business Bay Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/51-business-bay/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in 51 @ Business Bay in 2022?
25 property sales worth ⃃ 20,544,594 were registered in 51 @ Business Bay in 2022. That is 30.6% lower than 2021.
What was the median property price in 51 @ Business Bay in 2022?
The median sale price was ⃃ 900,000 and the median price per square foot ⃃ 858 (1 Jan – 31 Dec 2022).
What share of 2022 sales in 51 @ Business Bay were off-plan or from developers?
Developer (primary) sales were 16% of the 25 sales and resales 84%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/51-business-bay/2022