DAMAC Business Bay is a high-rise residential tower on the Dubai Water Canal in Business Bay Dubai’s central business and lifestyle district, directly south of Downtown Dubai. Developed by DAMAC Properties, one of the UAE’s largest luxury developers with over 47,000 units delivered across the Middle East, the project brings branded apartment living to one of the city’s highest-demand rental corridors. Business Bay stretches along 12 kilometres of the Dubai Water Canal and houses the offices, hotels and residences that power Dubai’s commercial economy. DAMAC Properties, founded in 2002, is the developer behind DAMAC Hills, DAMAC Lagoons, Safa One and multiple branded collaborations with Versace, Fendi, Cavalli and de GRISOGONO. This project continues that strategy in the core of Dubai’s business district.
At DAMAC Business Bay, you can choose from a range of stylish studios, 1-bedroom and 2-bedroom apartments, sized perfectly between 413 and 1,679 square feet. The spaces are brilliantly planned to make daily life easy and comfortable. To top it all off, every apartment features a contemporary design with high-quality fixtures, along with beautifully modern, fully tiled bathrooms.
No matter which size you pick, you will get stunning views of the Dubai Canal, the iconic Burj Khalifa or the vibrant Downtown Dubai skyline right through your floor-to-ceiling windows. The homes are designed with a bright, open-plan layout that includes a fully fitted kitchen, built-in wardrobes and your own private balcony to soak in the views. If you love natural light, the corner units are a fantastic choice because their extra windows let the sunshine pour in from multiple angles.
Business Bay is one of Dubai’s busiest mixed-use areas, built along both sides of the Dubai Water Canal and home to over 240 completed and upcoming towers. The canal promenade offers a continuous waterfront walkway with restaurants, jogging tracks and even kayak access, making it ideal for daily leisure. Residents have easy access to supermarkets like Carrefour and Spinneys, along with clinics, cafés and restaurants around Marasi Drive.
The Business Bay Metro Station connects directly to the Red Line, making it simple to reach key areas like Dubai Mall, DIFC and Dubai Marina without needing a car. Schools such as JSS Private School and Dubai International Academy are also within a 15-minute drive. Overall, the area works as a self-sufficient neighbourhood where most daily needs are close by and easily accessible.
DAMAC Business Bay offers studios starting from 413 sq.ft, 1-bedroom apartments from 750 sq.ft, and spacious 2-bedroom residences, with unit sizes extending up to 1,679 sq.ft. Homes feature fitted kitchens, private balconies, and stunning canal or Burj Khalifa views.



DAMAC Business Bay delivers a focused amenity programme suited to urban professionals and small families. The podium level features a main swimming pool, children’s wet play area, indoor and outdoor gyms, and a yoga deck facilities designed for daily use rather than resort-scale spectacle. An outdoor courtyard with lounge seating and BBQ zones provides social space for residents. Children’s play areas and landscaped gardens add family infrastructure. Ground-floor retail and dining eliminate the need for daily trips outside the building. Beyond the tower, the Dubai Water Canal promenade serves as an extended amenity waterfront running paths, kayak access, and canal-side restaurants all within walking distance.
Business Bay sits directly south of Downtown Dubai, stretching along the Dubai Water Canal with frontage on both Al Khail Road and Sheikh Zayed Road. The district is identified in the Dubai 2040 Urban Master Plan as a core commercial and residential growth corridor, with continued tower development and infrastructure investment planned through 2040. Marasi Drive runs through the district’s centre, connecting residents to canal-front dining, retail, and the Business Bay Metro Station. DIFC is 10 minutes away. Dubai Mall and Burj Khalifa are 9 minutes. Dubai International Airport is 13 minutes. For professionals working in Dubai’s financial and commercial corridors, Business Bay is not just convenient it is the corridor itself.
Content Reviewed By: Vikas Taneja — RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
DAMAC Business Bay is located on the Dubai Water Canal in Business Bay, Dubai directly south of Downtown Dubai with access via Al Khail Road and Sheikh Zayed Road. The tower is 9 minutes from Burj Khalifa and Dubai Mall, 13 minutes from Dubai International Airport, and within walking distance of the Business Bay Metro Station.
DAMAC Business Bay offers studios from 413+ sq.ft, 1-bedroom apartments from 750+ sq.ft, and 2-bedroom residences from 1,080+ sq.ft, with select layouts extending up to 1,679 sq.ft. All units include fitted kitchens, private balconies, and canal or Burj Khalifa views, while interiors feature contemporary finishes with branded fittings.
Yes units valued at AED 2 million or above qualify for the UAE’s 10-year Golden Visa. At DAMAC Business Bay, 2-bedroom apartments exceed this threshold. All units above AED 750,000 also qualify for the 3-year investor visa via the Taskeen Programme upon completion.
Yes, Business Bay is a high-demand rental market with strong occupancy rates, making it attractive for investors seeking steady rental income and capital appreciation.
It is ideal for both. Young professionals prefer studios and 1-bedroom units due to proximity to offices, while families opt for larger apartments with better layouts and nearby schools.
DAMAC is known for luxury-focused developments, branded collaborations, premium finishes, and delivering high-end lifestyle experiences across its projects.
Limited Period: Free DLD Waiver on select units