The area with the catchy name of Business Bay is the business and commercial center of Dubai. It was conceived as a counterpart to Manhattan in New York and Ginza in Tokyo. Development of the area began in 2003, and in 2017 the world-famous guidebook publisher Lonely Planet included Business Bay in its top five most interesting places to visit.

In 2017, world-renowned travel guidebook publisher Lonely Planet ranked Business Bay as the 5th most interesting place on the planet – along with London and New York City. Its proximity to the attractions of Downtown Dubai and its vibrant infrastructure and life attracts tourists from all over the world. Farmers markets, music festivals, New Year’s Eve, Mother’s Day, Earth Day, and other celebrations are all held here in the Bay Avenue area.

Business Bay is a freehold area where you can purchase residential and commercial property outright. In 2020, the area was one of the most popular among investors looking for affordable apartments. Purchasing a unit in Jumeirah Living Business Bay is the right option for ones wishing to experience luxurious lifestyle in the heart of Dubai. From here one will easily reach Downtown Dubai in 10 minutes, while Dubai Marina is a 20-minute ride. Moreover, buying an apartment in Jumeirah Living Business Bay might be a good investment. The average ROI in Business Bay is 7%. Both Emiratis and foreigners have the opportunity to purchase a unit in the building, due to the fact that it’s a freehold project.