Top 20 Real Estate Companies in Business Bay Dubai for 2024

Business Bay is a treat to the eyes with its scenic beauty. Located near downtown Dubai, the place increases its popularity with its accessibility to major landmarks and business centers. The proximity to the Dubai Water Canal adds more beauty and makes Business Bay a great hub for living and luxurious activities. The luxury apartments, high-end office spaces, and mixed-use developments cater to the needs of all sections of society. The presence of the Opus and BAY Square further glamorize the place to the maximum, which is one of the main destinations of the top 100 real estate companies in Dubai. Real estate transactions in Dubai are all set to reach a record rate of AED 500 billion in 2024 and the demand for commercial and residential properties is touching new heights in 2024.

List of top 20 real estate companies in Business Bay Dubai

Here is the list of the top 20 real estate companies in Business Bay Dubai that makes it a paradisical choice for investors.

Company Name	Website	Established Year	Full Address	Key Projects
Emaar Properties	emaar.com	1997	Emaar Sales Centre, Next to Souk Al Bahar, Downtown Dubai	Burj Khalifa, Dubai Mall, Arabian Ranches
DAMAC Properties	damacproperties.com	2002	Damac Tower, Business Bay, Dubai	DAMAC Hills, Akoya Oxygen
Dubai Properties	www.dp.ae	2002	Vision Tower, Business Bay, Dubai	Jumeirah Beach Residence, Business Bay
Better Homes	bhomes.com	1986	Vision Tower, Office no. 4201, Business Bay, Dubai	Al Jurf Gardens, The Sustainable City
Knight Frank	knightfrank.ae	1896	Media One Tower, Al Falak Street, Dubai Media City	Various commercial properties
Property Finder	propertyfinder.ae	2007	1505 Shatha Tower, Dubai Media City	Comprehensive listings across Dubai
Engel & Völkers	engelvoelkers.com	1977	Golden Mile Galleria 2, Office 21, Mezzanine Floor, Palm Jumeirah, Dubai	Various luxury properties
Driven Properties	drivenproperties.com	2012	Bay Square, Building 13, Business Bay, Dubai	J One Tower, The Address BLVD
FAM Properties	www.famproperties.com	2015	FAM House, Business Bay, Dubai	Bay Grove Residences
Azizi Developments	azizidevelopments.com	2007	Suite No. 1604, API World Tower, Sheikh Zayed Road, Dubai	Azizi Riviera
Deyaar Development	deyaar.ae	2002	Deyaar HQ, Business Bay, Dubai	Midtown, Mont Rose
MAG Property Development	mag.global	2003	MAG Group, Keturah Reserve, MBR City, Business Bay, Dubai	MAG City, MAG 5 Boulevard
Nakheel	nakheel.com	2000	Nakheel Tower, Palm Jumeirah, Dubai	Palm Jumeirah, Deira Islands
Sobha Realty	sobharealty.com	1976	Sobha Sapphire, Al Khail road, Business Bay, Dubai	Sobha Hartland
Omniyat	omniyat.com	2005	Omniyat Headquarters, Business Bay, Dubai	The Opus
Al-Futtaim Group Real Estate	alfuttaim.com	1930	Al-Futtaim HQ, Sheikh Zayed Rd, Dubai	Various retail and residential developments
Meydan Group	meydan.ae	2010	Meydan Racecourse, Dubai	Meydan City
Oryx World	oryxworld.com	2002	Empire Heights, Podium Floor, Business Bay, Dubai	Various residential properties
Shapoorji Pallonji Real Estate	shapoorjipallonji.com	1865	401, Opal Tower, Al Ohood Street, Business Bay, Dubai	Imperial Avenue
Metropolitan Premium Properties	metropolitan.realestate	2008	Office 1913, Al Manara Tower, Business Bay, Dubai	Various luxury developments in Downtown

Why choose Business Bay?

2024 is the year of growth in the real estate sector in Business Bay, Dubai. The place is a fine reflection of modern living with the perfect blend of luxury and innovation. The second quarter of 2024 saw Business Bay emerge as the third best-performing area in Dubai. Both national and international investors have now picked Business Bay as their favorite area for investment considering the high returns. 33,928 apartments were sold this year marking an 18.1% increase quarter-on-quarter and a 46.5% rise compared to last year's numbers. Residential sales are also not behind with numbers reaching AED 115.6 billion with off-plan transactions covering 65 % of total sales.

Business Bay is also a location where investors won't be disappointed in getting high rental yields, especially for residential properties. Investors can get maximum output from each investment in the area considering the big projects surrounding the area shortly. Foreign investors also don't have to hold back from investing in this area as there are no tight legal formalities and offer freehold ownership. The real estate sector will see a boost with the help of a strong local economy. Property prices will go up gradually as there is a demand for space.

Final thoughts

The prices of both residential and luxurious portions are seeing a steep rise with AED 1,560 and AED 3000 per square feet respectively. Premium properties are also getting more likes now compared to previous times. With new projects coming its way Business Bay is all set to be a game-changer in Dubai's real estate market among buyers and investors and a real estate growth platform will help you achieve your goals.

Disclaimer: Retyn does not promote or support any of the companies or services mentioned in the list. The data presented is compiled through online and market research and does not reflect our priorities in any manner.