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Business Bay, a Central Business District (CBD) in the heart of Dubai, is a vibrant hub for businesses and inhabitants. It also serves as a home for local and multinational firms that have relocated to Dubai. It is no surprise that Business Bay is the hottest place in town, with its distinguished location next to Dubai International Financial Center (DIFC), the largest canal project, and the highest tower in the world- Burj Khalifa.
Business Bay is frequently compared to Manhattan in New York City, which is regarded as one of the most desirable and prestigious places to live and work by both residents and expats. The region is approximately 46.9 million square feet in size, with residential structures occupying 22.1 percent of the space and commercial buildings occupying 18.5 percent. However, the remaining 59.4 percent is for mixed use.
Because of their good location and high demand, off-plan projects in Business Bay are considered a profitable investment. Because of this need, where businesses and inhabitants are lured to the area, there is a steady flow of rapid development in terms of structures under construction. In fact, the neighborhood is one of the fastest expanding in Dubai, growing at a pace of 5 to 7 percent every year.
Take a look at the new off-plan developments in and around Dubai Take a look at some of the attractive investment offers.
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