Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Business Bay · August 2026

West Five Businessbay Residence

Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026

Period covered: Sep 24 to Aug 26 · Ref AR-B4985-202608

Key takeaways

  • Median price for apartments: AED 2,000,000 (AED 24,805 per sqm), up 26.8% year on year.
  • Per sqm, apartments here are 10% above the Business Bay average of AED 22,535 (sales-weighted across areas).
  • 3 sales recorded in August 2026, down 40% from a year earlier.
  • 1 bedroom apartments were the most traded size: median AED 1,580,000 across 6 sales in three months.

1.Apartments3 sales · August 2026

Small sample: medians for August 2026 are based on only 3 recorded sales and can swing month to month. Read the trend, not a single point.

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
1 bedroom6AED 1,580,000AED 22,911

Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.