Business Bay Phase 1 – Dubai’s New Central Business District

Business Bay is a thriving real estate market. It offers a range of luxury residential and office buildings with beautiful views of the cityscape.

The community also has a variety of retail and healthcare establishments. Residents can find everything they need in their neighborhood, including reputable schools and childcare centers.

1. Location

Business Bay is a new central business district in Dubai that features many skyscrapers. It is located along a reclaimed extension of Dubai Creek and is expected to be completed by 2020. The development is located near the city’s most important landmarks, making it an ideal location for both residents and businesses.

Its proximity to the city’s airports and other major highways makes it easy for commuters to get around. The area also has a number of restaurants, cafes, and shops, so there is something for everyone in the neighborhood.

There are a number of schools and nurseries in the area, so families with children can find a place to live that is convenient for them. In addition, there are a number of health and fitness centers, banks, and other essential services available in the vicinity.

Purchasing an off-plan property in Business Bay can be an excellent investment for those looking to buy real estate in the city. These properties are usually available at a lower price than fully completed homes, and they can be appreciated once they are finished. Additionally, off-plan properties offer flexible payment plans that make it easier for buyers to manage their finances. This makes them a good option for people who are looking to buy a home in Business Bay but can’t afford to pay for it in one lump sum.

2. Amenities

Business Bay is a bustling hub of office buildings and luxury apartments, and it offers a blend of professional advantages and lifestyle amenities. Located in the heart of the city, it is a place where people from all walks of life come together to build a vibrant community.

The district is also home to a wide range of services and facilities, including state-of-the-art gyms and spa centers, banking facilities, healthcare centers, and much more. This means that residents of Business Bay have access to all the necessities of life, making it a convenient and comfortable place to live.

Moreover, Business Bay is known for its family-friendly environment and is perfect for families with young children. There are a number of excellent nurseries and schools in the area, offering a variety of curricula. In addition, the neighborhood is surrounded by a variety of parks and canal walkways, which makes it an excellent place for families to spend time together.

Another advantage of living in Business Bay is its proximity to a number of renowned Dubai landmarks and attractions. From Al Quoz Pond Park and Safa Park to Dubai Mall, the city’s most famous destinations are all within a short drive from the district. This ensures that there is always something new to see and do, providing a rich and varied experience for all residents.

The area is also well-connected to the rest of the city by road, with a number of prominent shopping malls and movie theatres nearby. In addition, the metro station is just a short walk away from the district, which provides easy access to the rest of the city. In addition, there are a number of restaurants and cafés in the vicinity, ensuring that there is no shortage of places to eat and drink.

3. Price

Buying property in Business Bay can be expensive, but there are many different options for expatriates, including some affordable apartments. It is essential to do your research before working with a developer or agent and understand what you can afford. This will help you avoid being disheartened by the cost of a particular property and allow you to find a good deal.

The price of property in Business Bay depends on the location and building type, with each tower offering a unique view of Dubai. There are also many different payment plans available, including pay-in-installments, which make it possible for expatriates to purchase residential properties in Business Bay. Be sure to consider all of the fees associated with buying a property, including DLD fees, title deed issuance charges, NOC fees, mortgage charges, and agency fees.

4. Payment options

If you’re looking to buy property in Business Bay, it’s important to have your finances in order. This will help you avoid being disappointed when you see a property that you want but can’t afford. If you’re unsure about the amount of money you can spend, it is best to speak with a real estate agent before beginning your search. This way, you can discuss the payment options available to you and make an informed decision. For example, Select Group offers one-of-a-kind payment plans for their Edge Tower project at Business Bay. These plans allow buyers to pay in installments throughout construction, making it easier for them to manage their finances.