Business Bay
Description
Business Bay is Dubai’s dynamic business and trade hub. The concept for this district is based on Manhattan, New York. This is evident in its skyline, which is dominated by towering skyscrapers and office buildings that are home to numerous multinational corporations, financial institutions, law firms and consultancies.
Business Bay is one of the most sought-after locations for investors. A range of developers – including a few esteemed ones – are mainly building high-rises here, some of which are nothing short of architectural masterpieces. The area offers a high-end, cosmopolitan lifestyle, close proximity to Downtown, an abundance of dining options, cultural and entertainment venues, a picturesque waterfront promenade along Dubai Water Canal, and a steady influx of local and international businesses. All of these factors serve to further increase the allure of this district, especially among young professionals.
The main advantage that Business Bay has over Downtown is that the entry prices are lower here, which can potentially yield higher returns, depending on the project.
