Business Bay · Omniyat Properties
29-storey office building in Business Bay, completed in 2010. Developer — Omniyat Properties. Architect — Dubarch.
Bayswater is a 29-storey office building in Business Bay, completed in 2010.
The developer is Omniyat Properties. The architecture is by Dubarch.
Height — 135 metres.
The database currently holds 1 lot in this project, from 6 500 000 AED.
An Omniyat office tower in Business Bay: 29 storeys, 135 metres, completed in 2010.
Bayswater is a 29-storey, 135-metre office skyscraper by Omniyat Properties in Business Bay. Completed in 2010, designed by Dubarch.
The passport lists parking, 24/7 security and retail.
There are no lots in our database right now.
Business Bay was conceived as a business centre, but after the 2008 crisis housing displaced offices almost everywhere except a few blocks. An office tower here can stand between two residential ones.
Bayswater belongs to the district's first generation, completed in 2010, and age is the main question for a buyer: the state of the building systems, lifts and façade.
Our district figures — 376 lots, median AED 3.5 million, AED 2,849/ft² — mostly reflect housing and are no benchmark for an office.
Propsearch passport: 29 storeys, 135 metres, office building, developer Omniyat Properties, architect Dubarch, completed 2010, parking, security, retail. Our stock as of 21 September 2026: no lots in the building; Business Bay median, price per square foot and lot count.
Omniyat Properties. The architecture is by Dubarch.
29. The building has 135 m tall.
Yes, the building was handed over in 2010. This is ready housing: you can move in or let it out right after the deal.
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 1 lot in this project, from 6 500 000 AED. The list changes daily — I will send a fresh selection for the building on request.
Parking, 24/7 security, Shops. The list comes from the project description and covers the whole complex.
What has been written about the building, its developer and Business Bay
ValuStrat's Dubai index for September 2026 stood at 218.6, down 0.1% on the month and 4.5% on the year. 80% of villa and 77% of apartment communities saw no change. Off-plan took 70.3% of sales, led by Majan and JVC.
Berkeley Tower is Ellington Properties' AED 2.8 billion office tower in Business Bay: 60 floors above ground, 109 offices, an indicative AED 4,300–4,800 per sq ft, a 70/30 payment plan and handover in Q3 2030.
A shell and core office comes without floors, ceilings or partitions. It is cheaper than a fitted unit, but in our Business Bay model a 1,550 sq ft office needed AED 620,000 of fit-out, about AED 400 per sq ft, and 4–6 months without a tenant.
Dubai’s tallest completed residential tower is Princess Tower: 414 metres, 101 floors, 2013. Seven of the top ten stand in Dubai Marina. Taller ones are rising: Burj Binghatti Jacob & Co at 557 m, Tiger Sky Tower at 532 m, Six Senses Marina at 517 m.
Selling before handover returns 25% on capital if prices rise 10% and you have paid 40%. Renting pays 5.5–6.5% net every year. Flipping a villa: buy at AED 12.5m, spend 3m, sell from 19m. Three Dubai strategies compared on cash, time and risk.
Five mistakes Dubai property investors repeat: trusting the 8% listing yield when the net is 6.7%, comparing prices instead of payment plans, buying the district not the building, entering with no exit plan, and believing a guaranteed 7%.
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.
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.
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.
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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