Popular Areas to Rent Apartments Near Business Bay Metro Station in Dubai
Living in proximity to a metro station offers a lot of convenience to daily commuters. In addition to those who don’t have cars, many car owners also prefer public transport in a busy city like Dubai to avoid rush hour. Moreover, owning and maintaining a car can be expensive, considering expenses such as fuel, insurance, maintenance and parking fees. By relying on public transport instead, individuals save a significant amount of money over time. One popular metro station is that of Business Bay. Let’s explore some popular areas to rent apartments near Business Bay metro station.
Popular Areas to Rent Flats Near Business Bay Metro Station
Residing near public transport is a big plus. This is why there is a growing demand for areas in proximity to readily available public transport options. Business Bay serves as a key station on the Red Line of the Dubai Metro in Dubai. It commenced operations on October 15, 2010, simultaneously with four other intermediate stations on the Red Line.
Situated at the junction of Sheikh Zayed Road and 35th Street, southwest of Dubai’s historic centre, Business Bay station serves the expansive Business Bay area, adjacent to Downtown Dubai. Let’s explore some popular areas to rent apartments near Business Bay metro station.
Disclaimer: The areas mentioned below have been extracted from dubizzle’s database dashboard and may not accurately reflect the current transactions occurring in the city.
Business Bay
Business Bay, Dubai, is a bustling financial hub situated just 2 kilometres from the city centre. Drawing inspiration from Manhattan in New York City, this cosmopolitan district features a striking skyline filled with skyscrapers, commercial hubs and residential complexes. This is what makes the area appealing for professionals and residents, alike.
There are several areas in Business Bay offering apartments for rent. The nearest community at a walkable distance from the metro station is Executive Towers. This large mixed-use complex is among the popular areas to rent apartments in Business Bay. It is positioned close to Sheikh Zayed Road and the Business Bay Metro Station consists of twelve towers. Of these, one tower is dedicated to commercial purposes, while the other eleven are designated for residential use.
Other communities within Business Bay situated in proximity to the station include Bay Square, Damac Towers by Paramount, Marasi Business Bay and Al Abraj Street. The average price for flats for rent in Business Bay is AED 117,000. The following are the rental price details for different apartments offered in the area.
Apartment Type | Average Rent |
Studio | AED 67,000 |
1-Bed | AED 98,000 |
2-Bed | AED 148,000 |
3-Bed | AED 222,000 |
4-Bed | AED 317,000 |
Downtown Dubai
Next on the list of popular areas to rent apartments near Business Bay metro station is Downtown Dubai. Areas in Downtown Dubai situated in proximity to Business Bay metro station include Burj Khalifa, The Address Downtown Dubai and The Old Town, among others. These areas are popular among residents and tourists alike due to their central location, proximity to major attractions and diverse range of amenities.
The rental market in Downtown Dubai is highly competitive due to its popularity among expatriates and locals alike. Prospective tenants can explore a variety of floor plans to discover the ideal apartment configuration according to their requirements. There are several apartments offering impressive ROIs in Downtown Dubai.
The average rental price for apartments in Downtown Dubai stands at AED 224,000. Below are the specifications for different apartment layouts available here.
Apartment Type | Average Rent |
Studio | AED 83,000 |
1-Bed | AED 136,000 |
2-Bed | AED 231,000 |
3-Bed | AED 400,000 |
4-Bed | AED 923,000 |
Sheikh Zayed Road
Areas offering flats for rent near metro station in Business Bay include Sheikh Zayed Road, now commonly known as the Burj Khalifa Road. The Business Bay Metro Station is located where Sheikh Zayed Road meets 35th Street, towards the southwest of Dubai’s historic downtown area.
Popular areas offering apartments for rent on Sheikh Zayed Road include DIFC and Al Satwa, among others. These areas are in proximity to the Business Bay Metro Station. With an average rent of AED 131,000, the following are the details for various apartment configurations offered for rent in the area.
Apartment Type | Average Rent |
Studio | AED 64,000 |
1-Bed | AED 105,000 |
2-Bed | AED 133,000 |
3-Bed | AED 176,000 |
4-Bed | AED 279,000 |
Al Wasl
Al Wasl is also among the popular areas to rent apartments near Business Bay Metro Station in Dubai. Al Wasl is a sought-after residential neighbourhood in Dubai known for its prime location, upscale housing options and excellent amenities, making it an attractive place to live for individuals and families alike. Its proximity to Business Bay metro station also makes it desirable among tenants.
Additionally, Al Wasl is also categorised among popular areas to rent apartments near the Dubai Mall metro station. The average rent in the area is AED 236,000. Here are the details for the various apartment configurations available for rent.
Apartment Type | Average Rent |
Studio | AED 41,000 |
1-Bed | AED 159,000 |
2-Bed | AED 225,000 |
3-Bed | AED 336,000 |
4-Bed | AED 631,000 |
FAQs
What are the benefits of renting apartments near Business Bay metro station?
Renting apartments near the Business Bay Metro Station offers a convenient, accessible and sustainable lifestyle choice for residents in Dubai.
What types of apartment configurations are available in areas near Business Bay metro station?
Apartments for rent near Business Bay metro station come in a range of sizes, starting from studios and going up to 4-bedroom units.
That brings an end to the list of popular areas to rent flats near Business Bay metro station. Dubai offers a myriad of options when it comes to renting properties in the city. From lavish apartments to affordable units, the city offers everything. Here is a list of apartments for rent in Dubai for those looking for units in other areas.
Stay tuned to the dubizzle’s property blog for more on areas situated near public transport.