About Business Tower
Business Tower is a commercial and office tower by DAMAC Properties, in Business Bay, Dubai. It rises 22 storeys (2 basement levels, a ground floor, 3 podium levels and 18 floors), built as a concrete structure with internal and external finishes. The project comprises 166 homes.
Key information
Developer
DAMAC Properties
- Handover
- Q1 2011
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2007
- Number of buildings
- 1
- Number of units
- 166
- Registered with DLD
- 08 Nov 2008
- Escrow bank
- Abu Dhabi Commercial Bank
- Escrow account no.
- 632221159001
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2007
- Handed overQ1 2011
Amenities
Physical features recorded on the Dubai Land Department buildings register.
21 Floors
Retail & Shops
1 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
441
Median price
AED 1.2M
Median price / sqft
AED 1K+68%
Off-plan share
29%
Priced 29% below than the Business Bay median of AED 2K/sqft.
Price per sqft by year
+68% since 2009AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 07 Aug 2026 | Resale | 978 sqft | AED 1.7M | AED 2K |
| 01 Jul 2026 | Resale | 1,227 sqft | AED 1.6M | AED 1K |
| 10 Jun 2026 | Resale | 1,411 sqft | AED 4.1M | AED 3K |
| 10 Jun 2026 | Resale | 636 sqft | AED 1.9M | AED 3K |
| 10 Jun 2026 | Resale | 644 sqft | AED 1.9M | AED 3K |
| 14 May 2026 | Resale | 1,003 sqft | AED 1.4M | AED 1K |
| 23 Feb 2026 | Resale | 1,014 sqft | AED 2.0M | AED 2K |
| 23 Jan 2026 | Resale | 956 sqft | AED 1.4M | AED 1K |
Unit mix
166 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Shop | 15 | - |
| Office | 151 | - |
Payment plan
Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Business Tower has already been handed over (Q1 2011), according to Dubai Land Department records.
