Business Bay Apartments Q3 2025 Resale Report
(1st July - 30th September 2025)
AED 2,019
Average price per sq. ft
Compared to Q3 2024
821 transactions
AED 1.581B total resale value
Apartments in Business Bay Q3 2025 Resale Report
Executive Summary
Ready properties accounted for 78.6% of resale transactions in Business Bay during Q3 2025, while off-plan completions comprised 21.4% of the resale market. One-bedroom apartments led resale activity with 362 transactions in Q3 2025, followed by studio units at 205 transactions and two-bedroom units at 174 transactions. Three-bedroom apartment transactions in Business Bay totaled 73 in Q3 2025, marking a 43.0% increase in transaction count year-over-year, while the average price for this segment reached AED 4,478,092.
The off-plan primary market in Business Bay recorded 3,256 transactions in Q3 2025, with a combined value of AED 6,709,369,985. Off-plan transaction volume in Business Bay during Q3 2025 was approximately four times larger than the resale market's 821 transactions for the same period.
Key Facts
- In Q3 2025, the average resale price per square foot for apartments in Business Bay reached AED 2,019, representing a 9.0% year-over-year increase.
- Business Bay recorded 821 resale apartment transactions in Q3 2025, marking a 3.5% decline compared to the same quarter in 2024.
- The total value of resale transactions in Business Bay during Q3 2025 amounted to AED 1,580,856,935, an 11.5% increase year-over-year.
- Ready properties accounted for 78.6% of resale transactions in Business Bay during Q3 2025, while off-plan completions represented 21.4%.
- One-bedroom apartments led resale activity in Business Bay with 362 transactions in Q3 2025, with an average price of AED 1,488,012.
- Studio apartments in Business Bay saw 205 resale transactions in Q3 2025 at an average price of AED 1,037,912, with transaction volume declining 12.0% year-over-year.
- Three-bedroom apartments in Business Bay experienced the strongest growth with 73 transactions in Q3 2025, a 43.0% year-over-year increase, at an average price of AED 4,478,092.
Key Performance Indicators
Key Performance Indicators
Resale - Q3 2025
Rental - Q3 2025
Source: Property Monitor, Metropolitan Premium Properties Analysis
Price Trend
Price Trend - Business Bay Apartments
Average Price per Sq. Ft - Business Bay Apartments
| Period | Average Price per Sq. Ft (AED) |
|---|---|
| Q3 2024 | 1,852 |
| Q4 2024 | 1,976 |
| Q1 2025 | 2,022 |
| Q2 2025 | 2,068 |
| Q3 2025 | 2,018 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did Business Bay Apartments transactions split between off-plan and ready in Q3 2025?
In Q3 2025, ready apartments dominated transaction activity in Business Bay, accounting for 78.6% of all deals compared to 21.4% for off-plan units. By transaction value, ready properties represented 75.9% of total consideration while off-plan deals comprised 24.1%. The higher share of off-plan transactions by value relative to volume (24.1% vs 21.4%) indicates that the average off-plan deal size exceeded the average ready transaction during the quarter.
Which Apartments bedroom configurations recorded the highest resale activity in Business Bay during Q3 2025?
One-bedroom apartments dominated transaction activity in Business Bay during Q3 2025, recording 362 sales, followed by studio units with 205 transactions and two-bedroom properties with 174 deals. Average prices across bedroom configurations ranged from AED 1,037,912 for studio apartments to AED 16,845,904 for four-bedroom units in the district during the quarter. Three-bedroom apartments registered notable year-on-year growth with 73 transactions, representing a 43.0% increase in deal count compared to Q3 2024.
Performance by Bedroom Type
Price Insights by Bedroom
| Bedrooms | Avg Price | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| Studio | AED 1,037,912 | +6.7% | 205 | -12% |
| 1 B/R | AED 1,488,012 | +3.7% | 362 | -4% |
| 2 B/R | AED 2,210,361 | -4.5% | 174 | -2% |
| 3 B/R | AED 4,478,092 | +19.5% | 73 | +43% |
| 4 B/R | AED 16,845,904 | +276.6% | 7 | -30% |
Transaction Distribution by Bedroom
Transaction Volume by Bedroom Type - Q3 2025
| Bedroom Type | Transactions |
|---|---|
| Studio Bed | 205 |
| 1 B/R Bed | 362 |
| 2 B/R Bed | 174 |
| 3 B/R Bed | 73 |
| 4 B/R Bed | 7 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did off-plan primary-market sales of Apartments in Business Bay perform in Q3 2025?
In Q3 2025, off-plan apartment transactions in Business Bay totaled 3,256 units valued at AED 6,709,369,985, representing year-over-year increases of 144.8% in volume and 97.6% in value. Off-plan sales in the community significantly outpaced resale activity during the same quarter, with off-plan transactions reaching nearly four times the resale count of 821 units and more than four times the resale value of AED 1,580,856,935. The off-plan segment dominated primary market activity in this established Business Bay submarket during the three-month period.
Rental Summary
Rental Contract Distribution - Q3 2025
Contract Types
Rental Insights by Bedroom
| Bedrooms | Avg Rent | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| Studio | AED 68,951 | +2.9% | 1151 | +36% |
| 1 B/R | AED 93,009 | +7.8% | 2061 | +33% |
| 2 B/R | AED 133,015 | +5.7% | 1340 | +36% |
| 3 B/R | AED 187,126 | +8.5% | 395 | +39% |
| 4 B/R | AED 303,702 | -2.6% | 32 | +7% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Dubai Apartments Market Context -- Q3 2025
Dubai's property market in Q3 2025 recorded 55,358 sale transactions and 160,141 rental transactions across all communities. Initial sales accounted for 75.7% of Dubai's sale transactions, while resale activity comprised 24.3%. On the rental side, renewals dominated at 63.4% of Dubai's rental contracts, with new leases representing 36.6%. These Dubai-wide figures provide context for understanding Business Bay Apartments' performance within the broader market structure.
Dubai Overall Market Context
Dubai Apartments Market Totals - Q3 2025
| Category | Percentage |
|---|---|
| Initial Sale | 75.7% |
| Resale | 24.3% |
| Category | Percentage |
|---|---|
| New | 36.6% |
| Renewal | 63.4% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Frequently Asked Questions
What was the average price per square foot for resale apartments in Business Bay during Q3 2025?
How many resale apartment transactions occurred in Business Bay in Q3 2025?
What was the total transaction value for resale apartments in Business Bay in Q3 2025?
What was the average price of a one-bedroom resale apartment in Business Bay during Q3 2025?
What was the average price of a two-bedroom resale apartment in Business Bay in Q3 2025?
What percentage of resale apartment transactions in Business Bay were for ready properties in Q3 2025?
What was the average sale price for studio apartments in Business Bay during Q3 2025?
Methodology
The resale market data presented in this report derives from Property Monitor's transaction register, which aggregates Dubai Land Department registration records for Business Bay apartments during the third quarter of 2025, spanning July 1 through September 30. Year-on-year comparisons reference the corresponding quarter in 2024, with percentage changes calculated from those base figures. Readers should note that registration dates may lag actual transaction closings by several weeks, meaning contracts signed late in one quarter can appear in the next quarter's dataset, and the distinction between resale and off-plan categories relies on property completion status at registration, which can introduce ambiguity for projects nearing handover.
Glossary
- PSF
- Price per square foot. A standardized metric used to compare property values across different unit sizes by dividing the total transaction price by the total built-up area in square feet.
- Off-plan
- Properties purchased directly from developers before construction is complete, typically sold in phases during the development cycle with staggered payment plans.
- Secondary market
- The resale market where existing properties change hands between private buyers and sellers after initial developer sales, encompassing both ready and under-construction units.
- Ready property
- Completed and habitable properties that have received municipality approvals and are available for immediate occupation or rental upon transfer of ownership.
- AED/sqft
- Price expressed in United Arab Emirates Dirhams per square foot of built-up area, the standard unit of measurement for Dubai property valuations and transactions.
- Resale
- A sale_classification indicating a transaction between private parties in the secondary market, where neither party is the original developer of the property.
- Resale Off-Plan Origin
- A sale_classification for properties originally purchased off-plan from developers but resold in the secondary market before construction completion or handover.
- Business Bay
- A freehold commercial and residential district in central Dubai, characterized by high-rise towers, proximity to Downtown Dubai, and a mix of apartments, offices, and hotels along the Dubai Water Canal.
- Built-up area
- The total floor area of a unit including internal walls and columns, measured in square feet, used as the basis for PSF calculations in Dubai property transactions.
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