Business Bay Apartments Demand and Prices — Q1 2016
The largest volume of Business Bay Apartments transactions in the last few years, was registered in the first quarter of 2015 even though the sale rate was just as high. There was a downhill demand for the area in the last three quarters of the year with a stable sale rate in the last two quarters. One of the reasons for the big number of transactions in Q1 2015 was the completion and handover of many projects. As a result to this action, a big number of title deeds had to be registered around this period.
Business Bay is one of the next downtown districts in Dubai, it comprises of both residential and commercial and will be expected to become one of the biggest commercial hubs. A man made extension of the Dubai Creek passes through the residential and commercial communities adding more beauty to the view.
Business Bay Sales Transactions