BuildingBusiness Bay · DAMAC · 2013

The Residences at Business Central

One-beds to three-beds in Business Bay. 11 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 21 October 2026
Typical price per sqftAED 1,405Down 6.0% on the year
Typical saleAED 2M11 sales
Typical rentAED 80K /yrAED 89 per sqft
Typical yield6.3%AED 17.07/sqft charge

About The Residences at Business Central

The Residences at Business Central is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. DAMAC completed it in 2013. The building has 24 storeys and 212 apartments, from one to three bedrooms, ranging in size from 463 to 2,603 sq ft. Its neighbours include The Vela Dorchester Collection, Dorchester Collection and Vela Viento. Business Bay metro station (Red Line) is on the Sheikh Zayed Road side of the district. The Burj Khalifa/Dubai Mall station is one stop north, about 2.5 km away. Several everyday places are within walking distance. Cartimi, a Persian store, is about 100 m away, and a park is about 200 m away. Kids Castle nursery is about 300 m away, and Crystal Swim Academy is about 500 m away. The clinic KLINIKA BY Magic Style is about 600 m away.

212 apartments over 24 floors: 143 one-beds of 463 to 1,879 sqft, 60 two-beds of 664 to 1,867 sqft and 9 three-beds of 1,780 to 2,603 sqft. The service charge is AED 17.07 per sqft a year.

11 apartments sold in the 12 months to October 2026, at a median of AED 1,405 per sqft, down 6.0% on the year before. Most of the trading is in one-beds: 7 of the 11 sales, at AED 499,999 to 2,618,779, which is why the typical sale sits below the price of its larger homes. 93 rental contracts were registered over the same 12 months, at a typical AED 80,000 a year.

Developer
DAMAC
Completed
2013
Floors
24
Units
212
Unit types
1-bed to 3-bed

Business Bay, Dubai

Average prices in The Residences at Business Central

In The Residences at Business Central, typical sale prices over the last 12 months were around AED 1,540,000 for one-beds, AED 2,450,000 for two-beds and AED 2,500,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in The Residences at Business Central

1,0001,5002,000May 2026Nov 20262025-11-11: AED 1,655, 1-bed, 930 sqft2025-11-24: AED 1,298, 1-bed, 920 sqft2025-11-24: AED 1,312, 1-bed, 925 sqft2026-03-05: AED 1,837, 2-bed, 1,334 sqft2026-03-17: AED 1,242, 1-bed, 1,879 sqft2026-04-08: AED 1,503, 2-bed, 1,330 sqft2026-04-14: AED 2,718, 1-bed, 963 sqft2026-06-16: AED 2,052, 2-bed, 1,461 sqft2026-06-22: AED 1,081, 1-bed, 463 sqft2026-07-28: AED 1,405, 3-bed, 1,781 sqft2026-08-07: AED 1,175, 1-bed, 1,441 sqftTrend: AED 1,579 to AED 1,563

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in The Residences at Business Central

  • Completed1-bed · 1,440 sqft 07 Aug 2026AED 1,693,6261,176 /sqft
  • Completed3-bed · 1,781 sqft 28 Jul 2026AED 2,503,4841,405 /sqft
  • Completed1-bed · 462 sqft 22 Jun 2026AED 499,9991,081 /sqft
  • Completed2-bed · 1,461 sqft 16 Jun 2026AED 3,000,0002,053 /sqft
  • Off-plan1-bed · 963 sqft 14 Apr 2026AED 2,618,7792,719 /sqft
  • Completed2-bed · 1,329 sqft 08 Apr 2026AED 2,000,0001,504 /sqft
  • Completed1-bed · 1,879 sqft 17 Mar 2026AED 2,334,6021,242 /sqft
  • Completed2-bed · 1,333 sqft 05 Mar 2026AED 2,450,0001,837 /sqft
  • Completed1-bed · 920 sqft 24 Nov 2025AED 1,194,9361,299 /sqft
  • Completed1-bed · 925 sqft 24 Nov 2025AED 1,213,8971,312 /sqft

Over the last 12 months, The Residences at Business Central has recorded 11 apartment sales. Typical homes sold for around AED 2M (about AED 1,405 per sqft) with a median size of 1,330 sqft; most were one-beds, from roughly AED 500K to AED 3M.

1–10 of 567

Units in The Residences at Business Central

212 units
  • Unit 21-bed · 963 sqftSold AED 2.62M, Apr 2026
  • Unit 4013-bed · 2,603 sqftSold AED 3M, Jun 2023
  • Unit 4021-bed · 1,395 sqftSold AED 1.22M, Sep 2023
  • Unit 4031-bed · 1,879 sqftSold AED 2.33M, Mar 2026
  • Unit 4042-bed · 1,867 sqftSold AED 2.23M, Sep 2013
  • Unit 4051-bed · 1,323 sqftSold AED 1.52M, Jul 2025
  • Unit 4081-bed · 920 sqftSold AED 774K, Jul 2013
  • Unit 4091-bed · 918 sqftSold AED 1.2M, Jun 2024
  • Unit 4101-bed · 1,117 sqftSold AED 1.4M, Jan 2015
  • Unit 4111-bed · 812 sqftSold AED 1.06M, Aug 2013
1–10 of 212
Every unit in The Residences at Business Central, by number

By type: one-beds (143), two-beds (60), three-beds (9).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
The Vela Dorchester CollectionAED 6,769
Dorchester CollectionAED 6,5534.6%
Vela VientoAED 6,122
Windsor Manor TowerAED 1,2225.7%
Tiger Sky TowerAED 2,121
1–5 of 186 · nearest first

The Residences at Business Central in numbers

  • Across 11 DLD sales in the 12 months to October 2026, the median price in The Residences at Business Central was AED 1,405 per sqft and the typical home sold for about AED 2M.
  • Completed in 2013 by DAMAC; 24 floors of one-beds to three-beds; service charge AED 17.07 per sqft a year.
  • One-beds of 463 to 1,879 sqft sold for AED 499,999 to 2,618,779 between November 2025 and August 2026, a median AED 1,298 per sqft.
  • An one-bed of 463 to 1,879 sqft rents for AED 58,300 to 120,000 a year on the 66 contracts registered in the last 12 months.
  • Gross rental yield 6.3%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 21 October 2026.

Questions

How much does an one-bed in The Residences at Business Central cost?

7 one-beds sold in the 12 months to October 2026, for AED 499,999 to 2,618,779; the median was AED 1,538,647, or AED 1,298 per sqft.

How much is an one-bed for rent in The Residences at Business Central?

About AED 75,000 a year: that is the median of the 66 contracts for one-beds registered with Ejari in the 12 months to October 2026, from AED 58,300 to 120,000.

What is the rental yield in The Residences at Business Central?

About 6.3% gross across the building, from about 6.6% for one-beds to 5.1% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in The Residences at Business Central gone up?

The median price per sqft fell from about AED 1,494 to AED 1,405 over the 12 months to October 2026, down 6.0%, on 11 sales against 20 the year before.

What is the service charge in The Residences at Business Central?

AED 17.07 per sqft a year. For a typical 1,330 sqft home that is about AED 22,700 a year.

Who built The Residences at Business Central and when?

DAMAC; completed in 2013; 24 floors; 212 apartments.

How many apartments are there in The Residences at Business Central?

212, one-beds to three-beds. Each has its own page with its full sales and rental history.

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