Purchase of property in Business Bay – a guide of future place of living
Business Bay is one of the most touristic and lively neighborhoods in Dubai, the UAE. Besides, it contains almost the biggest number of offices and commercial developments. Beneficial combination of entertainment and job opportunities will make apartments in Business Bay in 2022 be in high demand among foreign investors. High-end office space and expensive apartments are being built in the area and offered at affordable prices.
They are all surrounded by parks and canals. Business Bay is a great place for international companies that want to establish themselves in the Middle East.
A few words about Business Bay
Business Bay is a constantly developing neighborhood modeled on New York City’s Manhattan and Tokyo’s Ginza. It covers an area of 6 square kilometers and possesses all necessary infrastructures. The neighborhood is planned to include presidential, commercial, and mixed-used buildings. Their total number is more than 240 developments. Most territory will be covered by mixed-used buildings, while residential and commercial property will be equal in percentage. Welcoming atmosphere, convenient location, luxury apartments and high level of life are the characteristics perfectly describing Business Bay.
Location of Business Bay
The district is beneficially located between Al-Khail Road (E44) and Sheikh Mohammed bin Zayed Road (E311). In addition, it is situated between Downtown Dubai and the Al Quoz neighborhood. The Dubai Channel, which links Dubai Creek and Jumeirah Beach, has turned this area into one of the most fashionable places in Dubai with a concentration of five-star hotels, restaurants and entertainment venues. The area is just minutes away from the Dubai Design District, the DIFC International Financial Centre and the DWTC World Centre. The inner public transport system is highly developed as well. There are buses, metro, and taxis that allow traveling inside the district as well as visit the nearby neighborhood.
Places worth visiting in Business Bay
As one of the most significant neighborhoods in Dubai, the UAE, Business Bay offers a wide range of unforgettable places to visit. Let`s explore some of the bright attractions of fashionable area.
- Multifunctional center Al Habtoor City.
Al Habtoor City in Downtown Dubai is home to a number of world-class five-star hotels and entertainment venues, including the unique La Perle DXB water theater. Habtoor Palace, LXR Hotels & Resorts; V Hotel, Curio Collection by Hilton and Hilton Dubai Al Habtoor City are situated there. It offers more than 1,600 comfortable rooms, as well as the entire necessary infrastructure and services for a comfortable stay. Al Habtoor City has a tennis academy, numerous boutiques, cafes and a five-storey restaurant complex called The Atrium. Zoco serves modern Mexican cuisine and The Rose & Crown offers traditional British fare. The stylish BOA Dubai Lounge is a great choice for those who want to enjoy their time and view the city from the 32nd floor of the V Hotel. La Perle by Dragone is also performed there. It is a famous show in theatre style that has become permanent in the cultural life of Dubai.
- Delicious restaurant Treehouse Dubai.
The restaurant Treehouse Dubai is located on the roof of the luxurious Taj Dubai Hotel. The interior is designed in the style of the Renaissance. The dense foliage of living plants creates the illusion that you really got into the treehouse. It is possible to take a place beside the window enjoying the magnificent view of Burj Khalifa.
- Sky Views Dubai
Located on the rooftop of the Address Sky View Hotel, the attraction includes the Observatory observation deck, Glass Slide and the open-air Edge Walk. You can use a panoramic lift to get to the roof, and go along the grass bridge that connects two towers.
- The 0-14 Base tower
The building that is awarded by many architectural prizes amazes with its exterior. The 22-story O-14 Base Tower is an unusual office building located in the Business Bay neighborhood. The façade of the tower is often compared to Swiss cheese. It is a 40-cm-thick concrete exoskeleton with about 1,300 round holes in it. The building has a natural ventilation system and provides pleasant temperatures all year round.
Reasons to invest in Business Bay
Economic attractiveness of the districts is obvious. No matter whether you are going to move to Dubai for permanent residence or just invest in local property. The place is beneficial for both actions. Choosing the location or district of a desired real property is purely an individual thing, as each house buyer has their own priorities in mind. Still, we sorted out three most important and compelling evidences why Business Bay has entered the top of the most popular districts on the real estate market.
- The infrastructure of each building provides all the necessary conditions for work and comfortable stay – modern offices, gyms, restaurants, swimming pools and shopping centers.
- The current rental income in Dubai is up to 10% and is one of the highest in the world. The tourist and entertainment industries are flourishing.
- Wide selection of luxury apartments and villas for sale. The developers of the neighborhood work out new more advanced housing options to be the leaders on the international levels. They aim to provide pleasant experience and satisfaction of each day spent in a high-quality apartment.
The above-mentioned issues are often mentioned by those who have already purchased the real estate in Business Bay. The district is also often chosen by talented employees as it provides advantageous career opportunities. The offices of huge international corporations bring these opportunities to life.
Agents to address when investing in property in Business Bay
Ax Capital delivers world-class real estate to each ambitious buyer. The team of professional agents is ready to offer advantageous housing options either for investment or for permanent stay. The consultants know every corner of Business Bay and are able to select property right to the needs and desires of the potential house owner. Do not wait to become a part of a prolific real estate market and start making good profit. Visit the website and contact the specialists.