An Essential Guide to Business Bay
Get to know Dubai’s ‘coolest neighbourhood’
Officially branded one of the world’s top 10 ‘coolest neighbourhoods to visit’ by the highly respected travel journal, Lonely Planet, Business Bay is the funkier urban counterpart to its glitzier neighbour, Downtown Dubai. The neighbourhood's canal-side location and village-style atmosphere blends with innovative high-rise architecture and ultra-modern facilities and transport connections to create a truly unique destination in the heart of modern Dubai.
Local attractions boost Business Bay’s appeal
Overlooking the famous Dubai Canal, Business Bay offers easy access to this manmade waterway and its growing collection of marinas, riviera-style restaurants, cafes, and retail outlets, as well as popular mixed-use facilities such as Bay Square.
Dubai Canal is also unique in that it boasts regular ferry services linking Business Bay to key areas of the city, including Dubai Marina, Palm Jumeirah and Dubai Creek.
Thanks to its fantastic amenities and prime location close to Dubai’s top tourism attractions, Business Bay ranks among the city’s fastest-growing hotel and hospitality hubs. Its proximity to Downtown Dubai means the precinct’s world-famous attractions, including Burj Khalifa, Dubai Mall, Dubai Fountain and Dubai Aquarium, are just a 5- to 10-minute drive away.
Why invest in Business Bay?
Given Business Bay’s status as one of Dubai’s most-exciting up-and-coming districts, it is unsurprising that it is also one of the city’s most popular residential and commercial property investment destinations.
Business Bay ranked second overall in terms of off-plan apartment sales in Dubai in February 2022, a month that was also the most successful February on record for sales transactions.
Investors have also flocked to capitalize on Business Bay’s fast-growing hotel market, which offers significant short- and medium-term growth potential.
The First Group’s Business Bay hotel pipeline
The First Group has three hotels under development in Business Bay:
The First Collection Business Bay (OPENING Q3, 2022)
The second four-star hotel set to open in Dubai under The First Group’s lifestyle hotel brand, The First Collection, this upscale property will feature 437 guestrooms and a range of high-quality amenities, including signature F&B outlets, an innovative NEST co-working space, fully equipped spa, gym and yoga facilities, steam rooms and an outdoor swimming pool with a sundeck.
Dolphin Tower at Business Bay (OPENING SOON)
With stunning views of Dubai Canal, this impressive 330-room, four-star hotel will boast a range of premium guest amenities sure to appeal to business and leisure travellers. Set to open before the end of 2022, the upscale hotel will be managed by TFG Asset Management under a soon-to-be-announced franchise arrangement with one of the world’s leading hotel brands.
The One Hotel at Business Bay (OPENING SOON)
This spectacular 492-guestroom upscale hotel is The First Group’s largest project currently under development in Business Bay. The four-star property, which will provide stunning views overlooking Dubai Canal, will boast premium business and leisure facilities, as well as a unique collection of signature restaurants.