−11% The Residences at Business Central
1 BR · Apartment · 1 bathroom
Price history
Listed since 15 October 2026. The price has been cut once — dates and figures from the listing itself.
- 15 October 2026 AED 1 850 000
- 23 October 2026 AED 1 650 000 -11%
About the building
23-storey residential building in Business Bay, completed in 2013. Developer — Damac Properties.
What the building has
- Swimming pool
- Children's area
- Parking
- 24/7 security
- Shops
- Barbecue area
Where it is
The pin is placed by project — accurate to the development, not the door.
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.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot NP4-539366
How much is this 1-bedroom apartment in The Residences at Business Central?
Lot NP4-539366 is priced at AED 1 650 000, about $449 000. The size is 925 sq ft (86 m²), which works out at AED 1 784 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 850 000 to AED 1 650 000: AED 200 000 less, or 11%. It was cut once. On the market since 15 October 2026.
Is this expensive or cheap for Business Bay?
The database holds 332 lots in Business Bay. The area median is AED 2 990 per sq ft; this lot is at AED 1 784. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 126 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2013 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 330 000; a loan of AED 1 320 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 800–7 700 a month. A non-resident puts down from 40% (AED 660 000) and pays about AED 5 100–5 800 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 66 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 350 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about The Residences at Business Central?
The building has 23 floors. Completion year: 2013. Figures are from the project passport: Propsearch and the Dubai Land Department.
The Residences at Business Central project page →What does the seller say about the property itself?
From the listing: bathrooms — 1.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-539366 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: The Residences at Business Central
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Business Bay
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