Costs · Business Bay

DEWA, Chiller & Utilities in Business Bay

Setting up and budgeting utilities for a Business Bay property.

Price per sqft

AED 2,100 per sqft

1-bed rent

AED 95,000/yr

Gross yield

7–8%

Short-let occupancy

78%

Monthly bills

A one-bed in Business Bay typically runs AED 350–700 on DEWA plus AED 200–500 chiller in summer. Chiller-free towers roll cooling into the service charge, which usually suits tenants and simplifies short-let pricing.

Setting up

DEWA activation takes a day online with Ejari and Emirates ID, with a deposit of AED 2,000 for apartments and AED 4,000 for villas.

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

What does chiller-free mean?

Cooling is included in the service charge, so the occupant pays no separate chiller bill.

How much is DEWA in Business Bay?

Roughly AED 350–700 a month for a one-bedroom, more in peak summer.