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Developer payment plan · Dec 2025
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Asking price against DLD sales of comparable units near The Residences at Business Central
Asking prices from the catalogue; sold prices from the Dubai Land Department
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DLD-registered sales in The Residences at Business Central
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 7 Aug 2026 | The Residences at Business Central | 1,441 sq ft | AED 1.69M | 1,176 |
| 22 Jun 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 463 sq ft | AED 500K | 1,081 |
| 17 Jun 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 1,461 sq ft | AED 3M | 2,053 |
| 8 Apr 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 1,330 sq ft | AED 2M | 1,504 |
| 17 Mar 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 1,879 sq ft | AED 2.33M | 1,242 |
| 5 Mar 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 1,334 sq ft | AED 2.45M | 1,837 |
| 9 Feb 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 812 sq ft | AED 2.43M | 2,992 |
| 9 Feb 2026 | THE RESIDENCES AT BUSINESS CENTRAL | 661 sq ft | AED 1.98M | 2,995 |
DLD sales transactions · The Residences at Business Central · Feb 2026 – Aug 2026 The DLD feed has been paused since July 2026; later sales are bridged from Property Finder.
Area trend for Business Bay
| Dec 2025 | AED 2,629/sq ft |
|---|---|
| Jan 2026 | AED 2,748/sq ft |
| Feb 2026 | AED 2,473/sq ft |
| Mar 2026 | AED 2,602/sq ft |
| Apr 2026 | AED 2,721/sq ft |
| May 2026 | AED 2,471/sq ft |
| Jun 2026 | AED 2,406/sq ft |
| Jul 2026 | AED 1,868/sq ft |
DLD sales transactions · Business Bay · monthly medians · Dec 2025 – Jul 2026
Business Bay
The Residences at Business Central (widely known as RBC Tower) is a testament to the dynamic, cosmopolitan lifestyle that defines the modern Business Bay district. Developed by the powerhouse DAMAC Properties and completed in 2012, this mature 23-storey tower successfully provides a tranquil residential sanctuary amidst the fast-paced energy of Dubai's primary commercial hub. Unlike the massive, hyper-dense mixed-use skyscrapers that crowd the Downtown skyline, RBC Tower was designed specifically to offer a focused, premium residential experience. It caters perfectly to a demographic that values central convenience, high-end amenities, and the ability to enjoy stunning waterfront views of the Dubai Canal from the privacy of their own home.
As a fully completed, highly mature building, The Residences at Business Central eliminates all the risks and waiting periods associated with off-plan property investment. Prospective tenants and buyers can physically inspect the impressive build quality, the quiet efficiency of the building management, and the vibrant community atmosphere before committing. This level of transparency makes it an incredibly safe and attractive proposition. Whether you are a young professional seeking a chic apartment close to work, or an investor seeking a proven asset with immediate, stable cash flow, RBC Tower delivers unparalleled value in Dubai's most strategic corridor.
RBC Tower was brought to life by DAMAC Properties, a globally recognized titan in the luxury real estate sector. DAMAC has shaped much of the Business Bay skyline, and their deep understanding of the district's unique demands is evident in this project's execution.
Choosing a property developed and managed by DAMAC provides profound advantages. The building’s infrastructure—from the high-speed elevators to the central air conditioning and security protocols—was engineered to the highest global standards. Furthermore, the prestige associated with the DAMAC brand ensures that the building retains a premium status in the secondary market. Their strict adherence to maintenance means that despite its maturity (being over a decade old), the communal areas, the grand lobby, and the leisure facilities remain in pristine condition, fiercely protecting the capital value of the asset against depreciation and ensuring high tenant retention.
Business Bay is universally recognized as Dubai’s premier central business district. It is a highly dynamic, high-density neighborhood that seamlessly blends towering commercial skyscrapers with ultra-luxury residential developments and world-class hospitality, serving as the commercial engine of "New Dubai."
The Residences at Business Central occupies a highly strategic, prominent plot within this master plan, situated directly along the Marasi Drive. The location is an absolute masterstroke of urban positioning. It sits immediately adjacent to the stunning Dubai Water Canal, offering beautiful waterfront promenades perfect for evening strolls, morning runs, or accessing the marine transport stations. Furthermore, the immediate environment is entirely self-sufficient, boasting immediate proximity to major supermarkets, boutique cafes, four-star hotels, and a diverse array of dining options. Living here means being at the absolute center of Dubai's commercial universe.
For an urban residence, connectivity is the absolute most critical factor, dictating both lifestyle convenience and property value. RBC Tower excels spectacularly in this regard, ensuring that the daily commute is smooth and highly efficient.
The architectural design of RBC Tower is distinctly modern and highly functional. The 23-storey facade features a sleek, geometric profile utilizing extensive glass paneling designed to capture the sunlight and offer sweeping views of the surrounding cityscape and the Dubai Canal.
Internally, DAMAC has engineered the floor plates to maximize natural light and offer versatile living spaces that cater to the area's core demographic:
The apartments are finished to a high standard, featuring premium flooring, modern fitted kitchens, and large windows that flood the units with natural light, ensuring a sophisticated, move-in-ready experience.
RBC Tower redefines the traditional residential environment by incorporating a suite of amenities designed to ensure the comfort, security, and well-being of all its residents.
The exclusive focus on high-quality residential apartments within a heavily commercial district ensures a massive, built-in tenant base.
The investment thesis is highly robust. Because of its waterfront location, its central connectivity, and the inclusion of premium wellness amenities, units in RBC Tower command highly competitive rental rates and experience exceptionally low vacancy. The apartments are perpetually in demand by young professionals and corporate executives working in the immediate vicinity or the adjacent DIFC.
The Residences at Business Central (RBC Tower) by DAMAC Properties is a masterclass in practical, high-quality urban housing. By successfully integrating functional, spacious apartment layouts with an unprecedented suite of resort-style amenities and a prime waterfront location, the developer has created the ultimate residential sanctuary in Business Bay. Supported by excellent road connectivity to Sheikh Zayed Road and the undeniable reliability of the DAMAC brand, RBC Tower stands as a highly secure, consistent-yield asset for investors and a supremely comfortable, professional environment for its residents.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
The Residences at Business Central by Damac Properties in Business Bay starts from AED 1,150,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
The Residences at Business Central offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
The Residences at Business Central is scheduled for completion in Q1 2013. The project is ready for immediate occupancy.
The Residences at Business Central by Damac Properties in Business Bay offers strong investment potential. Business Bay is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
The Residences at Business Central is developed by Damac Properties, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
The Residences at Business Central offers world-class amenities including Gym, Basement, Security, BBQ Area, Supermarket Nearby and 9 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.