Business Bay
Conceived with the vision of mirroring the significance of Manhattan in New York and Ginza in Tokyo
Business Bay stands out as Dubai's premier business and commercial hub, living up to its self-explanatory name. Conceived with the vision of mirroring the significance of Manhattan in New York and Ginza in Tokyo, the area's development commenced in 2003. By 2017, the esteemed global travel guide publisher, Lonely Planet, recognized Business Bay among the top five most captivating destinations to explore.
Infrastructure
Situated south of the cultural and tourist hub of Downtown Dubai, Business Bay enjoys proximity to the primary attractions in the emirate. Bordered by Al Quoz and Dubai Design District, the area is conveniently close to DIFC and Jumeirah Beach. To the north lies Dubai's main artery, Sheikh Zayed Road/E11, connecting Business Bay to all corners of the Emirate and serving as a vital route between Dubai and Abu Dhabi.
The nearest metro station, Business Bay (red line), is conveniently located in the heart of the district. A brief walk from the northern border brings you to the Burj Khalifa/Dubai Mall metro station, situated in neighboring Downtown Dubai. Within Business Bay, approximately 20 bus stops are strategically placed, with popular routes including No. 50, F14, F19A, F19B, and F41.
Economic appeal
In 2017, the globally acclaimed travel guide publisher, Lonely Planet, distinguished Business Bay as one of the most captivating destinations on the planet, alongside iconic cities like London, New York, and Rio de Janeiro. The area's appeal lies in its close proximity to the attractions of Downtown Dubai, well-established infrastructure, and vibrant lifestyle, consistently drawing tourists from around the globe. Bay Avenue hosts farmers' markets, music festivals, and celebrations on occasions such as New Year's, Earth Day, Mother's Day, and other events throughout the year.
As the central business hub of Dubai, Business Bay remains in high demand for both commercial and residential spaces, driven by a substantial expatriate presence among office and retail workers. Experts project a steady annual growth rate of 5-9% for the local economy in the coming years. The influx of local and international companies opening offices in Dubai on a monthly basis further emphasizes the ongoing need for office spaces to accommodate their expanding workforce.
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Damac
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