Renting · Business Bay

Renting in Business Bay: Tenant Guide

How to find, secure and move into a rental in Business Bay without overpaying.

Price per sqft

AED 2,100 per sqft

1-bed rent

AED 95,000/yr

Gross yield

7–8%

Short-let occupancy

78%

What you'll pay

A one-bed in Business Bay runs about AED 95,000 a year or AED 7,917 a month. Expect a 5% security deposit, 5% agency fee, AED 220 Ejari and a DEWA deposit of AED 2,000–4,000.

Securing the unit

Good Business Bay stock moves in days. Have your passport, visa, Emirates ID, salary certificate and cheque book ready before viewing, and be prepared to sign the same week.

Business Bay at a glance

Business Bay is the canal-side business district minutes from Downtown and DIFC. Buying sits at AED 2,100 per sqft — roughly AED 1,638,000 for a standard one-bedroom — while long-term tenants pay about AED 95,000 a year. Hosted as a licensed holiday home, the same unit averages AED 547 a night at 78% occupancy, around AED 155,731 gross. Owners on our managed programme average AED 214,909 — a 38% uplift.

Frequently asked questions

Can I pay rent monthly in Business Bay?

Some landlords accept 6 or 12 cheques, usually at a small premium. Furnished units are more flexible.

How much deposit is needed?

5% of annual rent for unfurnished, 10% for furnished, refundable at the end of the tenancy.