Area · Transactions · 2015

Business Bay Property Transactions 2015

3,430 property sales worth ⃃ 7.2B were registered in Business Bay in 2015, 44.9% lower than 2014 by number of sales. The median sale price was ⃃ 1,297,679 and the median price per square foot ⃃ 1,449 (+2.2% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 3,430 salesUpdated: 12 Nov 2026
Property sales
3,430
−44.9% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 7.2B
−38.1% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 1,297,679
−5.7% vs 2014
3,430 sales
Median price per sq ft
⃃ 1,449
+2.2% vs 2014
3,430 sales

What types of property sold in Business Bay in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,20864.4%⃃ 3.4B⃃ 1,265,323⃃ 1,732
Commercial1,20335.1%⃃ 1.9B⃃ 1,339,324⃃ 1,131

How were 2015 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)2,02859.1%⃃ 4.7B⃃ 1,272,486⃃ 1,358
Resale (secondary)1,40240.9%⃃ 2.5B⃃ 1,340,062⃃ 1,500

How many rental contracts were registered in Business Bay in 2015?

8,727 rental contracts (new and renewed) were registered in Business Bay in 2015, at a median annual rent of ⃃ 100,000 (−21.7% on 2014). Rental yields in Business Bay

What were the most expensive property sales in Business Bay in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/03/2015Business BayPlot50,587 sq ft⃃ 514,423,077Primary · Ready
31/03/2015SLS DubaiPlot60,104 sq ft⃃ 286,720,000Primary · Ready
15/04/2015Business BayPlot112,496 sq ft⃃ 250,000,000Primary · Ready
31/08/2015Ahad ResidencesPlot52,993 sq ft⃃ 100,000,000Primary · Ready
17/03/2015Business BayPlot60,326 sq ft⃃ 94,108,744Resale · Ready
20/07/2015Business BayPlot64,586 sq ft⃃ 91,200,000Primary · Ready
29/10/2015Vera TowerPlot66,794 sq ft⃃ 90,193,905Primary · Ready
29/10/2015Reva ResidencesPlot66,606 sq ft⃃ 89,936,406Primary · Ready
02/07/2015J OnePlot95,250 sq ft⃃ 75,822,695Resale · Ready
24/11/2015Elite Business Bay ResidencePlot58,097 sq ft⃃ 68,959,147Primary · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
30/12/2015Safeer Tower 2Studio · Apartment476 sq ft⃃ 835,377Primary · Off-plan
30/12/2015Safeer Tower 2Studio · Apartment480 sq ft⃃ 861,060Primary · Off-plan
30/12/2015Safeer Tower 2Studio · Apartment480 sq ft⃃ 861,060Primary · Off-plan
30/12/2015The VogueCommercial754 sq ft⃃ 1,620,219Primary · Ready
30/12/2015The MetropolisCommercial1,087 sq ft⃃ 1,244,760Primary · Ready
30/12/2015Clayton Residency1 bed · Apartment809 sq ft⃃ 1,191,354Primary · Ready
30/12/2015Churchill Residence1 bed · Apartment968 sq ft⃃ 1,000,000Resale · Ready
30/12/2015Empire Heights ACommercial1,417 sq ft⃃ 1,155,002Resale · Ready
30/12/2015Ubora Tower 11 bed · Apartment931 sq ft⃃ 1,400,000Resale · Ready
30/12/2015Bay Square - 12Commercial2,628 sq ft⃃ 2,825,455Resale · 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 2015 with the whole of 2014.
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/business-bay/2015
Business Bay Property Transactions 2015. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/business-bay/2015

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 Business Bay in 2015?
3,430 property sales worth ⃃ 7,200,881,514 were registered in Business Bay in 2015. That is 44.9% lower than 2014.
What was the median property price in Business Bay in 2015?
The median sale price was ⃃ 1,297,679 and the median price per square foot ⃃ 1,449 (1 Jan – 31 Dec 2015).
What share of 2015 sales in Business Bay were off-plan or from developers?
Developer (primary) sales were 59.1% of the 3,430 sales and resales 40.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/business-bay/2015