{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/shops/business-bay/business-tower","canonicalUrl":"https://dubaiwealthindex.com/commercial/shops/business-bay/business-tower","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/shops/business-bay/business-tower","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Business Tower shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/shops/business-bay/business-tower","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/shops/business-bay/business-tower). “Business Tower shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/shops/business-bay/business-tower\">Dubai Wealth Index</a>. “Business Tower shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"shop","assetClassLabel":"Shops","area":{"name":"Business Bay","slug":"business-bay","dldAreaId":"526"},"building":{"name":"Business Tower","slug":"business-tower"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial sales","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"leases":{"name":"Ejari physical-unit lease contracts","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-12"},"registeredUnits":{"name":"DLD unit register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"registeredBuildings":{"name":"DLD building register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"projects":{"name":"DLD project register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-07-06"},"serviceCharges":{"name":"RERA/Mollak approved service charges","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-09-22"}},"metrics":{"medianSalePsf":3001.47,"medianRentPsf":350.55,"grossYieldPct":null,"serviceChargePsf":22.16,"yieldAfterServiceChargePct":null,"sales12m":4,"newLeases12m":3,"priorNewLeases12m":6,"leasingDemandChangePct":-50,"registeredStock":15,"totalStock":15,"liquidityPct":26.67,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"sale_psf","month":"2009-04-01","value":2500.71,"recordCount":6},{"metric":"sale_psf","month":"2009-08-01","value":2500.5,"recordCount":1},{"metric":"sale_psf","month":"2011-09-01","value":2698.61,"recordCount":3},{"metric":"rent_psf","month":"2012-01-01","value":92.23,"recordCount":1},{"metric":"new_leases","month":"2012-01-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2012-05-01","value":2561.56,"recordCount":2},{"metric":"new_leases","month":"2012-08-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2012-08-01","value":64.61,"recordCount":1},{"metric":"new_leases","month":"2013-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-04-01","value":94.25,"recordCount":1},{"metric":"sale_psf","month":"2013-06-01","value":2500.13,"recordCount":1},{"metric":"sale_psf","month":"2013-08-01","value":1992.74,"recordCount":2},{"metric":"sale_psf","month":"2013-10-01","value":2495.02,"recordCount":1},{"metric":"sale_psf","month":"2013-11-01","value":550,"recordCount":3},{"metric":"new_leases","month":"2013-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-11-01","value":180.88,"recordCount":1},{"metric":"sale_psf","month":"2013-12-01","value":1770.88,"recordCount":1},{"metric":"rent_psf","month":"2014-03-01","value":78.83,"recordCount":1},{"metric":"new_leases","month":"2014-03-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-05-01","value":178.35,"recordCount":2},{"metric":"new_leases","month":"2014-05-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2014-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-06-01","value":172.58,"recordCount":1},{"metric":"sale_psf","month":"2014-12-01","value":1413.51,"recordCount":1},{"metric":"rent_psf","month":"2015-02-01","value":226.1,"recordCount":1},{"metric":"new_leases","month":"2015-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-06-01","value":189.83,"recordCount":1},{"metric":"new_leases","month":"2015-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-10-01","value":177.12,"recordCount":1},{"metric":"new_leases","month":"2015-10-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2016-11-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2016-11-01","value":204.33,"recordCount":2},{"metric":"new_leases","month":"2016-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-12-01","value":31.19,"recordCount":1},{"metric":"rent_psf","month":"2017-04-01","value":68.56,"recordCount":1},{"metric":"new_leases","month":"2017-04-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2017-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-05-01","value":96.52,"recordCount":1},{"metric":"new_leases","month":"2017-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-06-01","value":251.23,"recordCount":1},{"metric":"sale_psf","month":"2017-08-01","value":1413.51,"recordCount":1},{"metric":"new_leases","month":"2017-08-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-08-01","value":112.95,"recordCount":1},{"metric":"new_leases","month":"2018-02-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2018-02-01","value":108.51,"recordCount":2},{"metric":"rent_psf","month":"2018-04-01","value":163.47,"recordCount":2},{"metric":"new_leases","month":"2018-04-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2018-07-01","value":226.1,"recordCount":1},{"metric":"new_leases","month":"2018-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-11-01","value":55.17,"recordCount":1},{"metric":"new_leases","month":"2018-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-12-01","value":100.4,"recordCount":2},{"metric":"new_leases","month":"2018-12-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2019-04-01","value":101.35,"recordCount":1},{"metric":"new_leases","month":"2019-04-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2019-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-05-01","value":163.47,"recordCount":1},{"metric":"rent_psf","month":"2020-04-01","value":150.74,"recordCount":1},{"metric":"new_leases","month":"2020-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-07-01","value":26.5,"recordCount":1},{"metric":"new_leases","month":"2020-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-10-01","value":121.69,"recordCount":1},{"metric":"new_leases","month":"2020-10-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2020-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2020-11-01","value":80.32,"recordCount":1},{"metric":"rent_psf","month":"2020-12-01","value":80.32,"recordCount":1},{"metric":"new_leases","month":"2020-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-05-01","value":26.5,"recordCount":1},{"metric":"new_leases","month":"2021-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-06-01","value":110,"recordCount":3},{"metric":"new_leases","month":"2021-06-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2021-07-01","value":60.24,"recordCount":1},{"metric":"new_leases","month":"2021-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-09-01","value":104.25,"recordCount":1},{"metric":"new_leases","month":"2021-09-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2021-10-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-10-01","value":68.97,"recordCount":1},{"metric":"new_leases","month":"2022-01-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2022-01-01","value":1634.66,"recordCount":1},{"metric":"rent_psf","month":"2022-01-01","value":163.47,"recordCount":1},{"metric":"new_leases","month":"2022-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-02-01","value":65.44,"recordCount":1},{"metric":"rent_psf","month":"2022-03-01","value":120.01,"recordCount":1},{"metric":"sale_psf","month":"2022-03-01","value":1187.23,"recordCount":1},{"metric":"new_leases","month":"2022-03-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2022-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-04-01","value":120,"recordCount":1},{"metric":"new_leases","month":"2022-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-05-01","value":115,"recordCount":1},{"metric":"new_leases","month":"2022-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-06-01","value":159.26,"recordCount":1},{"metric":"rent_psf","month":"2022-07-01","value":68.97,"recordCount":2},{"metric":"new_leases","month":"2022-07-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-09-01","value":139.22,"recordCount":2},{"metric":"new_leases","month":"2022-09-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2022-10-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-10-01","value":72.41,"recordCount":1},{"metric":"rent_psf","month":"2022-11-01","value":138.38,"recordCount":1},{"metric":"new_leases","month":"2022-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-12-01","value":38.37,"recordCount":3},{"metric":"new_leases","month":"2022-12-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2023-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2023-01-01","value":132.65,"recordCount":2},{"metric":"rent_psf","month":"2023-02-01","value":163.47,"recordCount":1},{"metric":"new_leases","month":"2023-02-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2023-06-01","value":1472.33,"recordCount":1},{"metric":"new_leases","month":"2024-02-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2024-02-01","value":141.45,"recordCount":3},{"metric":"sale_psf","month":"2024-09-01","value":1475.17,"recordCount":2},{"metric":"sale_psf","month":"2024-10-01","value":1689.15,"recordCount":1},{"metric":"rent_psf","month":"2025-02-01","value":147.6,"recordCount":1},{"metric":"new_leases","month":"2025-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2025-03-01","value":398.85,"recordCount":2},{"metric":"new_leases","month":"2025-03-01","value":2,"recordCount":2},{"metric":"sale_psf","month":"2025-08-01","value":3003.65,"recordCount":1},{"metric":"rent_psf","month":"2025-10-01","value":318.04,"recordCount":3},{"metric":"new_leases","month":"2025-10-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2026-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2026-03-01","value":337.07,"recordCount":2},{"metric":"sale_psf","month":"2026-06-01","value":2999.98,"recordCount":3},{"metric":"sale_psf","month":"2026-09-01","value":3887.16,"recordCount":1},{"metric":"new_leases","month":"2026-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-09-01","value":366.37,"recordCount":1}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}