Business Bay is gradually establishing itself as one of the most popular areas in Dubai to invest in real estate. It is likely to become a destination to go for decades to come, thanks to the area’s targeted growth over the last several years, and now reinforced by the exciting plans being put in place for the future.
Here are five significant reasons why Business Bay will swiftly become the next destination to see, whether for personal use or for the purpose of renting on a short- or long-term basis.
1.You’ll benefit from the convenience of being in the heart of the city.
In the Downtown Dubai area, Business Bay is nestled between the Burj Khalifa and the Dubai Mall. It features a variety of residential properties to fit your needs, such as villas and luxury flats that can be purchased entirely or rented at a low cost.
When it comes to homes and residences in this location, you will be spoiled for choice. Flats come in a variety of layouts based on the number of rooms and pricing constraints. You may obtain up to four-bedroom arrangements. Apartments and larger units are also available for expanding families. Rva Residences, Merano Tower, and Vera Residences are some of the luxury apartments for sale in Dubai to examine.
Zada Residences, on the other hand, is a great place to hunt for one-bedroom flats. It has a number of one-bedroom flats, each with its own open-air theatre for those magical Dubai evenings. It also has a swimming pool, a wellness center, and an outdoor courtyard with beautiful gardens where you may rest and unwind.
2.Everything is well located.
If you opt to reside in this part of Dubai, you will have several advantages. There are several convenience stores, retail businesses, and supermarkets to choose from. There are also yoga studios and a number of spas and hairdressers. If you enjoy dining out, Dubai has some of the top grill restaurants in the world, with a wide range of cuisines, ambiances, and price ranges.
The Old Town Nursery and Gems Wellington, both educational institutions, are not far away. If your kids are in high school, Gems Wellington International Al Sufouh and Gems Dubai American Academy are good options.
The Dubai Mall Medical Centre is one of the medical facilities in Business Bay. This is a high-end medical center that provides a wide range of services, including cardiovascular care, ENT, and kidney transplants.
Your high-end lifestyle may also be accommodated in Business Bay. At La Perle, you may see a nerve-wracking exhibition of contemporary circus-style abilities and feats. It also has fine-dining restaurants and hotels, as well as a vibrant nightlife. The Billionaire Mansion is a well-known nightlife destination in the neighborhood, offering a night of entertainment, drinks, and dancing. The music provided by their resident DJs will have you dancing all night.
3.It’s a fantastic spot for families.
Families with children may now live comfortably in the district because to the availability of larger residential units. Bay Avenue Park was created as a result of the development of the park.
This park has a large lawn with two outdoor gyms and a running track where you can get some exercise while taking in the scenery. It also features recreational amenities for your children to enjoy, such as a trampoline and a skate park, as well as two playgrounds.
Additionally, throughout the colder months, the Park holds a farmers’ market. This is where you may see local farmers and purchase fresh fruits, veggies, honey, eggs, and a variety of other products. To keep your kids occupied while you shop for organic fruit, the market also provides arts and crafts activities, such as face painting.
Aside from the Park, projects such as the Reva Residences and Reva Heights include swimming pools and children’s play facilities.
4.A Location with Strategic Benefits.
One of the most important criteria for residents and tourists in Dubai is ease of transportation, and Business Bay is one of the city’s most well-connected regions. It is accessible through Sheik Zayed Road and Al Khail Road, and is served by two metro stations, a number of bus lines, and four water taxi terminals inside Business Bay. It is just 15 minutes from Dubai International Airport (DXB). This means that there are plenty of convenient ways to go to and from a property in this area of town at any time of day or night.
5.Working Hub for Professionals.
As the name implies, Business Bay is a part of Dubai that caters mostly to working professionals. It is close to a number of important, modern, and professional economic centres. Every day, a large number of professionals travel to Business Bay, the Dubai International Financial Centre (DIFC), Dubai Healthcare City, and the Dubai World Trade Centre (DWTC). The newly unveiled Dubai 2040 Master Urban Plan includes a plan to further cement DIFC and Business Bay as the city’s financial core. With an influx of workers expected in the next years, the need for high-quality, acceptable housing will continue to rise in waves. This will make getting a foothold in the Business Bay property market before it takes off a critical step for astute investors.
The real estate market in Dubai has made a strong comeback, which has had a favorable influence on Business Bay. From largely business buildings, there is a progressive transition in concentration to residential and leisure properties. This pattern is similar to that of Downtown Dubai, and Business Bay hence has a lot of room for future expansion in terms of property values and rental rates. Business Bay is home to a plethora of office spaces, ultra-luxury housing complexes, and other projects that are currently under construction. Business Bay also has easy access to the Dubai Mall, which is a big draw for investors.
According to analysts, construction activity in Business Bay has increased significantly, with the residential and hotel sectors leading the way, while the commercial sector is performing admirably. Commercial zones are being turned into recreational and residential zones in a number of redevelopment plans. As a result, Business Bay is one of the most appealing zones for both investors and end users.