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The Residences at Business Central

A 1 bed in The Residences at Business Central costs a median AED 1.20M, rents long-let for AED 80,000/yr (6.59% gross), and returns 9.42% short-let at the assumed 80% occupancy — -0.5 pts vs Business Bay's 7.14% and -0.4 pts vs Dubai's 6.97% — from 29 sales and 89 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
10 in 12 months
Rental contracts · 1 bed
42 in 12 months
Buy
1.20MAED
AED 1,308/sqft
Long-let
6.59%
AED 80,000/yr
Short-let
9.42%
AED 517/night · 0.60/sqft

Price per sqft: Median of 10 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
-0.5 pts
vs the Business Bay median for this unit type
Turnover upside
+10.4%
new tenants pay more than sitting ones — 74 renewals
AED/yr/sqft
AED 94
Sales
29
Rental contracts
89
Renewal rent
AED 72,450/yr
12 months
-7.5%
3 years
+26.1%+8.0%/yr
5 years
+67.8%+10.9%/yr

Based on 29 sales and 89 rental contracts in the last 24 months. Rental data covers the whole The Residence at Business Central project, not this tower alone.

The Residences at Business Central is an apartment building in Business Bay, Dubai, one of the towers in the The Residence at Business Central development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 362 registered sales in all — the 29 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 1.20M13956.59%
-0.5 pts
-7.5%29
2 bedAED 2.44M18365.19%
-1.5 pts
+0.1%10
3 bedAED 2.78M1559-17.9%2

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around The Residences at Business Central

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed5170.60AED 113,015AED 80,0001.4×9.42%4+
2 bed500m9340.70AED 208,118AED 135,0001.5×8.51%7+
3 bed500m1,3320.75AED 298,782AED 157,5001.9×10.76%3+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because The Residences at Business Central itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Residences at Business Central between 2009 and 2013 went for a median of AED 1,259/sqft (AED 1.25M). The same building resells today at AED 1,479/sqft (AED 1.50M) — an uplift of +19.6%.

Based on 146 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

14 resales in the last 12 months, against 25 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
7 Aug 20261 bed1,441AED 1,693,6261,176
28 Jul 20263 bed1,781AED 2,503,4841,405
22 Jun 20261 bed463AED 499,9991,081
17 Jun 20262 bed1,461AED 3,000,0002,053

4 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
22
Flats
211

Nearby

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in The Residences at Business Central?
The Residences at Business Central returns 6.59% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 89 rental contracts registered in the last 24 months.
How much does a 1 bedroom in The Residences at Business Central cost?
The median registered sale price is AED 1.20M (1,395 AED/sqft), from 29 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Residences at Business Central selling for right now?
Registered sales of ready units in The Residences at Business Central over the last 12 months have a median of 1,308 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Residences at Business Central risen or fallen?
Median price per square foot moved -7.5% over the last 12 months against the 12 before it, on 29 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Residences at Business Central compare with Business Bay?
Its 6.59% gross yield sits -0.5 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

The Residences at Business Central sale record

Record type
Building-level property market record
Data date
Evidence base
29 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/the-residences-at-business-central
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Residences at Business Central sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/the-residences-at-business-central.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.