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Ejari leases to 12 Oct 2026

Urban Life rents

  • 4 new leases and 10 renewals in 12 months
  • 146 units
  • Business Bay
  • near Business Bay Metro Station

A two-bed here leases for about AED 152,500 a year, 9% above the typical Business Bay two-bed.

2 bed · typical new lease

152,500AEDa year

AED 87/sqft

A month, roughly
AED 12,708
vs Business Bay 2 bed
9% above the median
New leases, 12 months
4
Buying instead? Urban Life sale prices →

What should a lease in Urban Life cost?A two-bed leases for about AED 152,500 a year

TypeNew leaseRenewalvs Business BayLeases
2 bed152,50087/sqft—9% moretypical 140,0004

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Jul 2012, AED 110,000; latest, Sep 2026, AED 160,000; peak, Mar 2025, AED 167,500.

StartTypeSqftAnnual rentAED/sqftContract
15 Sept 20263 bed1,758AED 122,00069Renewal
1 Sept 20262 bed1,768AED 150,00085Renewal
1 Sept 20262 bed1,768AED 160,00090New
10 Aug 20263 bed1,758AED 130,20074Renewal
17 Jun 20262 bed1,768AED 150,00085Renewal
1 Jun 20262 bed1,768AED 131,25074New
20 Mar 20262 bed1,768AED 155,00088Renewal
1 Mar 20262 bed1,768AED 180,000102Renewal
20 Dec 20252 bed1,758AED 155,00088New
19 Dec 20252 bed1,768AED 115,00065Renewal

14 contracts starting on or after 12 Oct 2025.

About Urban LifeA 19-floor tower in Business Bay, a 9-minute drive from DIFC

Urban Life is an under-construction (71% built) apartment building by Urban in Business Bay. 14 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
19
Lifts
4
Parking bays
149
Pools
3
Master developer
Urban

Drive times · typical

Downtown
12 min · 7.2 km
DXB Airport
15 min · 17 km
DIFC
9 min · 11 km
Dubai Marina
18 min · 21 km
Palm Jumeirah
24 min · 25 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in Urban Life?10% of units here signed a yearly lease in 12 months, below the Business Bay median

Units on a yearly lease
10%Watch
Business Bay median 41%; top tenth from 69%

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Urban Life places 97th of 100; the nearest 7 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
93Al Habtoor TowerAED 156,50091+5.0%-7.9%22
94Clayton ResidencyAED 75,00091+5.0%-6.3%48
95One.B TowerAED 150,00088+2.1%—3
96Churchill Tower 2-ResidentialAED 99,00088+2.1%+4.2%104
97Urban Life · this buildingAED 152,50087—4
98Tiger Sky TowerAED 220,00086-1.0%—4
99Burj PacificAED 150,00078-10.0%-6.3%12
100Windsor ManorAED 95,00074-14.3%-2.6%68

Rank 1 is the dearest per square foot. Differences are against Urban Life.

At 2 bed, Urban Life ranks 70th of 76 by rent per square foot in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Urban Life

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Prices per sq ft around Urban Life, on the map
Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Urban Life is the inverted pinOpen in Apple Maps

Ask about Urban Life

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Common questions

What is the registered annual rent for a 2 bedroom in Urban Life?
The median new annual rent is AED 152,500, from 4 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
How many apartments change hands in Urban Life?
20 sales were registered with the Dubai Land Department in the last 12 months, alongside 4 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Urban Life?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
What is the rental yield in Urban Life?
No gross yield is published for Urban Life as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 20 registered sales and 4 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.3% gross.
How much does a 2 bedroom in Urban Life cost?
The median registered sale price is AED 2.90M (1,745 AED/sqft), from 20 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

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Urban Life rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
0 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/business-bay/urban-life
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Urban Life rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/urban-life

Stable dataJSON