Business Bay is a Contemporary luxury suburb in Dubai that is both a business and a residential hub. Filled with exciting architecture the entire suburb is bounded by the Dubai Canal, itself an incredible feat of engineering.
Canalside Walk is designed for entertainment and exercise, and includes rubberised jog paths, cycle lanes, phone chargers and seating. This fantastic final three kilometres of the Canal was inaugurated in 2016 and meanders through Safa Park, Jumeriah and thence to the Persian Gulf waters.
With hundreds of Hotels and Restaurants, Business Bay comes alive at night. A Million lights, massive Luxury Buildings, wonderful backlit Waterfalls, luxurious cafes and fancy cars, it is easy to see why this is the suburb of choice for most of our Investors.
Still in its early days, Business Bay is intelligently constructed, easy to get in and out as a result of the new freeways linking everything up, and is sure to become one of the most sought after suburbs into the future. Close to Downtown and the malls, close to the ocean, next to the Canal and sporting some of the biggest and best buildings in the city, we love Business Bay.
Most of the Investment opportunity lies in apartments, and the rental rates payable in that suburb provide a healthy 7% return for most of our assets. However there are a number of commercial opportunities there too. You can buy a section of Iris Bay, the iconic commercial hub in main street or rent an office from one of the many buildings dedicated to commercial use.
Safa Park is 64 hectares of trees and is a huge drawcard to this neighbourhood. Three lakes, hundreds of birds, and thousands of different trees, this is an oasis of note, and well worth considering when investments are being made in this node. Our Canal Side development is located between Safa Park and the canal which makes it one of the most physically attractive opportunities. Low-rise in nature, units are available at R8 million and are sure to be popular.
Business Bay will soon be home to more than 300 High Rise buildings, so there is time to review what we have on offer and make a decision to buy in Business Bay today.
