For sale · Park Lane Tower
Office at Park Lane Tower, Business Bay, 876 sq.ft
AED 2,200,000
876 sq.ft
Business Bay
Canal-side density, Downtown adjacency
- AED 1,784
- Median per sq.ft
- 4.8%
- Gross yield
- 10
- Our listings here
- AED 800K
- Entry price
About Business Bay
A commercial core that turned residential. Business Bay offers Downtown proximity without Downtown pricing, with canal-facing towers that perform strongly on short-let platforms and a mix of residential and office stock in the same buildings.
The numbers, and where they come from
- Median sale price
- AED 1,784 /sq.ft
- From 2 residential listings we hold · range 1,607–1,961
- Median rent
- AED 85 /sq.ft/yr
- From 2 rentals we hold
- Gross yield
- 4.8%
- Median rent ÷ median sale price
These figures are calculated from the Business Bay listings on this site, our own asking prices and our own rents, divided by our own areas. Offices and land are excluded. Check the arithmetic against the listings below; if it does not tie, tell us and we will fix it. Yields are gross: subtract the service charge and a void allowance before you compare them to anything.
Who Business Bay suits
Short-let operators and professionals who want to walk to a DIFC meeting. Mixed-use towers here can mean an office floor above your apartment, fine for some buyers, a dealbreaker for others, and rarely disclosed up front.
What to check here specifically
Whether your tower is purely residential or mixed-use, the canal view line (several Business Bay towers face each other at close range), and the building's short-let policy if that is your plan. Service charges here vary more than the asking prices do.
Schools nearby
- Hartland International SchoolVery Good10 min
- JSS Private SchoolGood12 min
- Horizon International SchoolVery Good14 min
Drive times outside peak. Ratings are the published KHDA inspection outcome. Ask us for the current admission position before you offer. Places fill a year ahead.
Commute
- To DIFC7 min
- To Downtown Dubai6 min
- To Dubai Marina24 min
- To DXB Airport20 min
Outside peak. At 7:45am on a weekday these can be half as long again or worse. We will drive your actual route at your actual departure time before you offer.
Available now
Properties in Business Bay
Talk to the Business Bay desk
Tell us what you want from Business Bay and we will send live availability, the last twelve months of comparable transactions, and the school or commute detail if that is what decides it.
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