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Business Bay · Al Habtoor Group
Photos and renders of the community and grounds — not of this particular unit.
A residential community in Business Bay, completed in 2022. Developer — Al Habtoor Group.
Specifications for Al Habtoor City per Propsearch and the Dubai Land Department. They describe the whole community, not the individual unit.
Al Habtoor City is a residential community in Business Bay, completed in 2022.
The developer is Al Habtoor Group.
The database currently holds 3 lots in this project, from 2,200,000 AED; 2 of them priced below the market, the deepest discount 20%.
An Al Habtoor Group quarter on the Dubai Canal, completed in 2022. Eight of our own listings are one- to three-bedroom apartments from AED 2.2 to 10.2 million.
Al Habtoor City is a residential and hospitality quarter on the Dubai Canal waterfront in Business Bay, developed by Al Habtoor Group, with a completion year of 2022 per the property record. The record describes it as a district-scale development: three residential towers, three hotels and a theatre on shared grounds.
Its location is the very stretch of canal listings call "Millionaires' Canal": neighbours include Mr. C, Casa Canal and Eden House The Park. The promenade here is walkable and continuous, which for Business Bay is more the exception than the rule.
Our eight listings are one- to three-bedroom apartments ranging from 872 to 2,405 square feet, all ready.
Prices run from AED 2.2 to 10.2 million (~$600K to ~$2.78M), at an average of around AED 2,967 per square foot (~$810/ft²). A nearly fivefold price spread against a threefold size spread means the quarter has both ordinary units and view units.
Seven of the eight listings are discounted, at an average concession of 9.0%. That's a notable figure for a completed canal-front quarter, and a sign that supply here isn't scarce.
Business Bay is the city's densest district by tower count, and price within it depends heavily on the specific address. AED 3,000 per foot on the canal waterfront is the upper half of the district, but not its ceiling.
First, which tower and which side. The quarter is made up of several residential blocks, and not all of them have a canal view — some windows face Sheikh Zayed Road or the internal development.
Second, proximity to the hotel component. Hotels, a theatre and restaurants on the grounds mean foot traffic and evening activity. Convenient for some, noisy for others; check on-site on a weekend evening.
Third, the community fee (Dubai's term for the building's service charge). In a quarter with infrastructure on this scale, it runs above the Business Bay average; ask for the figure per foot per year.
In April 2026 Al Habtoor Group announced a new tower inside Al Habtoor City, valued at around $1.3 billion (roughly AED 4.8 billion). The developer framed it as part of a wider programme of projects in Dubai and Abu Dhabi.
For existing owners it cuts both ways: a new landmark lifts the address, but it also means a building site next door for several years and, eventually, fresh supply on the same stretch of the canal. Height and timing had not been disclosed at the time of the announcement.
The propsearch property record (developer, district, completion year, record type) and our own stock as of 28 August 2026: 8 listings — price range, sizes, price per square foot, bedroom mix, completion status, number of discounted listings and the average discount. New tower announcement — Al Habtoor Group statements, April 2026.
Al Habtoor Group.
Handed over: 2022. The property is complete, so after the deal you can move in or put it on the rental market at once.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
The database currently holds 3 lots in this project, from 2,200,000 AED; 2 of them priced below the market, the deepest discount 20%. Prices move every day, so it is worth asking for the current list for this building.
What has been written about the building, its developer and Business Bay
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
Deyaar is building DWTN (Downtown) Residences in Business Bay: twin 445 m, 111-storey towers with 522 homes — 432 apartments, 76 duplexes, 13 penthouses and a “Royal Palace”. From AED 1.86m with half due at keys. Construction began in January 2026; completion is quoted for 2029–2030.
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17,000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Downtown is Dubai's tourist and status core, around AED 2,433/sqft on our own data. Business Bay is the business district next door, home to 17,000+ companies, around AED 1,871/sqft. We compare lifestyle, rental economics and who should pick which.
SOM designed Burj Khalifa and a 74-metre metro station in Creek Harbour that will be the tallest in the world. Zaha Hadid Architects built The Opus and is now building Oystra in Ras Al Khaimah. What separates a real premium from a marketing line.
Three major office schemes are rising around DIFC and Business Bay: Immersive Tower ($300m, 58,573 sq m, 2027), Aldar's 88,000 sq m tower by Emirates Towers metro (Q4 2027), and an office park with a theatre on Business Bay's largest plot. Vacancy in central clusters sits at 2–5%.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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