Downtown Residences, Business Bay: Prices, Rents and Recent Sales

Updated 3 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Downtown Residences?

The most recent sale DLD has recorded in Downtown Residences was a 1-bedroom for AED 2,666,756 on 23 September 2026. Over the past 6 months, 4 sales had a median of AED 3,609 per sq ft, against AED 3,720 over 12 months (7 sales).

Source: DLD-recorded sales (transaction register, to 26 September 2026) and Ejari contracts for Downtown Residences, Business Bay. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Downtown Residences at a glance

Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.

Recent sales in Downtown Residences

The latest DLD-recorded sales, newest first. Share transfers and data errors are filtered out by the DLD API.

Prices and rents by bedroom in Downtown Residences

Over the past 6 months, a typical 4-bedroom in Downtown Residences sold for AED 24,000,000. Over 12 months the figures were AED 24,740,000 to buy.

Sale prices

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 26 September 2026, from the DLD transaction register (at least 3 sales). Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Downtown Residences

The median price per sq ft across Business Bay went from AED 2,280 in Q4 2024 to AED 2,150 in Q3 2026, down 5.7%, and down 17.3% on the same quarter a year earlier. Recent sales in Downtown Residences averaged AED 2,851 per sq ft, 32.6% above the district.

District figures: DLD-recorded sales across Business Bay, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

Location: what's near Downtown Residences

• Metro: Business Bay (1.5 km)
• Schools: GEMS Our Indian School (1.2 km), Dubai International School (1.3 km), Abu Hanifa School for Basic Education (1.8 km)
• Hospitals: Medcare Orthopaedics & Spine Hospital (2.1 km), Mediclinic (2.2 km)
• Malls: Bay Avenue ​Mall (1.3 km), Al Faris Mall (1.4 km)
• Beach: Jumeirah Beach (4.5 km)
• Park: Bay Avenue Park (1.2 km)
• Airports: Dubai International Airport (13.0 km), Al Maktoum International Airport (31.6 km)

Straight-line distances from the centre of Business Bay, not from the building itself; driving distances are longer. Map data © OpenStreetMap contributors.

How Downtown Residences compares with Business Bay

Recent sales here ran 32.7% above the Business Bay median of AED 2,149 per sq ft in September 2026. The district's gross rental yield was 3.6% in the same report. Downtown Residences is by Deyaar Development, and DLD recorded 275 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

• Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Downtown Residences

• Ask for the service charge per sq ft and the last two years of statements.
• Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
• Compare the asking price with recorded sales in the same building, not just the area median.
• Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

How much is an apartment in Downtown Residences?

4-bedrooms sold at a median of AED 24,000,000 over the past 6 months (AED 24,740,000 over 12 months), based on DLD-recorded sales.

Are prices in Downtown Residences going up or down?

Sales over the past 6 months had a median of AED 3,609 per sq ft, against AED 3,720 across the past 12 months, 3% lower.

Who developed Downtown Residences?

Deyaar Development, according to the DLD project register.

Which area is Downtown Residences in?

DLD records it in Business Bay.

The YAZDAN app

Get AYAN, YAZDAN's free property app

A live off-plan map of 1,700+ UAE projects, a full UAE mortgage calculator and OS-level spam-call protection, all in one app.

Get the AYAN app →

Or go straight to the App Store or Google Play. On a computer? Open map.YAZDAN in your browser, no download needed.