Area · Transactions · 2018

Business Bay Property Transactions 2018

2,949 property sales worth ⃃ 5.6B were registered in Business Bay in 2018, 9.8% lower than 2017 by number of sales. The median sale price was ⃃ 1,033,885 and the median price per square foot ⃃ 1,559 (+4.4% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 2,949 salesUpdated: 12 Nov 2026
Property sales
2,949
−9.8% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 5.6B
−12.3% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,033,885
−9.3% vs 2017
2,949 sales
Median price per sq ft
⃃ 1,559
+4.4% vs 2017
2,949 sales

What types of property sold in Business Bay in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial55418.8%⃃ 642.02M⃃ 850,714⃃ 900

How were 2018 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
Resale (secondary)73024.8%⃃ 1.8B⃃ 975,000⃃ 1,021

What were the most expensive property sales in Business Bay in 2018?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
30/12/2018East Heights 33 beds · Apartment2,049 sq ft⃃ 2,310,000Resale · Ready
27/12/2018Silver TowerCommercial1,088 sq ft⃃ 800,000Resale · Ready
26/12/2018Citadel TowerCommercial888 sq ft⃃ 670,000Resale · Ready
25/12/2018J One - 1Studio · Apartment565 sq ft⃃ 1,066,599Primary · Off-plan
25/12/2018J One - 1Studio · Apartment582 sq ft⃃ 1,193,317Primary · Off-plan
25/12/2018J One - 1Studio · Apartment494 sq ft⃃ 1,038,976Primary · Off-plan
25/12/2018J One - 1Studio · Apartment544 sq ft⃃ 1,171,079Primary · Off-plan
25/12/2018J One - 1Studio · Apartment686 sq ft⃃ 1,165,758Primary · Off-plan
25/12/2018J One - 1Studio · Apartment488 sq ft⃃ 1,137,532Primary · Off-plan
25/12/2018J One - 1Studio · Apartment608 sq ft⃃ 1,141,212Primary · Off-plan

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 2018 with the whole of 2017.
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/2018
Business Bay Property Transactions 2018. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/business-bay/2018

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 2018?
2,949 property sales worth ⃃ 5,645,103,212 were registered in Business Bay in 2018. That is 9.8% lower than 2017.
What was the median property price in Business Bay in 2018?
The median sale price was ⃃ 1,033,885 and the median price per square foot ⃃ 1,559 (1 Jan – 31 Dec 2018).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/business-bay/2018