Business Bay · Omniyat Properties
Located in Business Bay, completed in 2023. Developer — Omniyat Properties.
The Sterling is a residential complex of several buildings in Business Bay, completed in 2023.
The developer is Omniyat Properties.
The tallest tower rises 26 storeys.
The database has nothing for this project at the moment: lots come and go here, and it refreshes nightly.
Twenty-six storeys by Omniyat on the Canal in Business Bay, handed over in 2023. Three lots in our stock from AED 3.4 to 4.9 million at AED 2,754/ft² (~$8,070/m²) — below the district average.
The Sterling is a residential complex by Omniyat Properties, 26 storeys, in Business Bay, handed over in 2023.
Our stock has three listings: sizes around 1,479 ft², prices from AED 3.4 to 4.9 million, AED 2,754/ft².
Omniyat is known in Dubai for the top end of the market — it also owns Vela on the same stretch of canal, where the price runs to AED 6,213/ft² (~$18,190/m²). The Sterling comes from a different part of the developer's portfolio.
Business Bay is a district with a very wide spread: from AED 1,844/ft² to 8,082 — a 4.4x range. The top is occupied by branded towers, the bottom by business-district buildings from the 2000s.
The Sterling sits in the lower half, and that is a useful benchmark: a new building by a well-known developer does not necessarily land near the top of the list.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Lumena Alta | 8082 | 6 | 2578 ft² |
| Bugatti Residences | 7945 | 6 | 6415 ft² |
| Vela by Omniyat | 6213 | 3 | 6321 ft² |
| Burj Binghatti Jacob & Co | 5865 | 38 | 1924 ft² |
| Jumeirah Living Business Bay | 4926 | 9 | 3330 ft² |
| Peninsula Two | 3058 | 4 | 412 ft² |
| Mama Shelter | 3030 | 4 | 578 ft² |
| J One | 3029 | 4 | 2174 ft² |
| Al Habtoor City | 2967 | 8 | 1696 ft² |
| Trillionaire Residences | 2890 | 5 | 913 ft² |
| Peninsula Four B | 2819 | 4 | 612 ft² |
| Peninsula | 2817 | 9 | 1292 ft² |
| The Crestmark | 2770 | 5 | 1229 ft² |
| The Sterling | 2754 | 3 | 1479 ft² |
| Quayside | 2651 | 6 | 1070 ft² |
| Canal Crown | 2559 | 3 | 718 ft² |
| Binghatti Aquarise | 2540 | 3 | 955 ft² |
| Chic Tower | 2396 | 3 | 899 ft² |
| Aykon City | 2215 | 5 | 1313 ft² |
| Executive Towers | 1856 | 4 | 2158 ft² |
| Nobles Residential Tower | 1844 | 3 | 1265 ft² |
Our own stock as of 28 August 2026: 368 lots across the district, median AED 3.58 million, average AED 3,585/ft². Projects with three or more lots and a known area only — 123 lots with an area contradicting the bedroom count were excluded from the calculation.
Business Bay in our database: 368 lots, median AED 3.58 million (~$970K) at an average AED 3,585/ft² (~$10,490/m²). The Sterling runs roughly a quarter below the average.
The comparison within Omniyat's own portfolio is stark: Vela, on the same stretch of canal, is AED 6,213/ft²; The Sterling is AED 2,754. That is a 2.3x difference within one developer and one district.
The takeaway for a buyer is simple: in Dubai, a developer's name alone doesn't set the price per square foot. What sets it is the class of the specific product, its position on the canal, and whether it carries a brand.
propsearch factsheet: 26 storeys, developer Omniyat Properties, handed over 2023. Our own stock as of 28 August 2026: 3 lots (sizes, prices, price per square foot), calculation across district projects, median and average for Business Bay.
Listings for The Sterling do not turn up every day. Message me — I will check the closed bases and suggest similar options nearby, in Business Bay.
Ask about this projectOmniyat Properties.
26 — that is the tallest building of the complex.
Yes, the building was handed over in 2023. 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.
No open lots for the building today. I will check the price of the layout you are after in the closed databases and send it with every cost of the deal worked out.
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 tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Telegram is the fastest way — I answer personally.
Message on Telegram
