ReadyReady building · DAMAC
Damac Business Tower, Business Bay
Highlights
Damac Business Tower at a glance
About Damac Business Tower
Damac Business Tower is a commercial building in Business Bay, Dubai, developed by DAMAC. It holds about 166 units: commercial units.
The building was completed in 2011 and has been in use for about 15 years. 12 units changed hands in the last 12 months, registered with the Dubai Land Department.
Damac Business Tower is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A commercial ready building
- Located in Business Bay, Dubai
- Developed by DAMAC
- Completed in Q1 2011
- Unit types: Commercial
- Sizes from 370 to 1,450 sq ft
- Features: Seafront, Shared Spa
- Service charge from AED 21.72 per sq ft
- Business Bay metro station 1.4 km away
- Status
- Ready
- Developer
- DAMAC
- Location
- Business Bay, Dubai
- Completed
- Q1 2011
- Unit types
- Commercial
- Prices from
- AED 286.0K
- Service charge
- AED 29.82 per sq ft (2026)
- Nearest metro
- Burj Khalifa Road, 0.9 km
Photos of Damac Business Tower
Building details
Inside Damac Business Tower
Facilities in Damac Business Tower
Damac Business Tower lists 2 features and facilities for its residents.
- Seafront
- Shared Spa
Properties in Damac Business Tower
Commercial units in Damac Business Tower
There are about 166 of these in Damac Business Tower, from 370 to 1,450 sq ft. They have recently sold for a median of AED 1.8M, or AED 1,910 per sq ft. Owners who resold made a median 40% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 166 | 370 sqft34.4 sqmt – 1,450 sqft134.7 sqmt | AED 1.8M | – |
Service charges in Damac Business Tower
The 2026 service charge in Damac Business Tower is AED 29.82 per sq ft for commercial units, AED 29.82 per sq ft for offices, AED 21.72 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2026) | AED 29.82 | 370 sqft34.4 sqmt – 1,450 sqft134.7 sqmt | AED 11,033 – AED 43,239 |
| Offices (2026) | AED 29.82 | 370 sqft34.4 sqmt – 1,450 sqft134.7 sqmt | AED 11,033 – AED 43,239 |
| Retail (2026) | AED 21.72 | 370 sqft34.4 sqmt – 1,450 sqft134.7 sqmt | AED 8,036 – AED 31,494 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Damac Business Tower
Transportation near Damac Business Tower
The nearest Dubai Metro station from Damac Business Tower is Business Bay (red line, 1.4 km, about 5 min drive), then Burj Khalifa/Dubai Mall (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.9 km, about 11 min walk) and Business Bay Interchange (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
- Business Bay InterchangeGolden line · 1.4 km · about 5 min drive
- District 1 near High Speed Rail lineGolden line · 1.4 km · about 5 min drive
- Business BayRed line · 1.4 km · about 5 min drive
- Burj Khalifa/Dubai MallRed line · 2.3 km · about 7 min drive
- City WalkGolden line · 3.1 km · about 8 min drive
Shopping and groceries near Damac Business Tower
The closest is Spinneys/ Ontario Tower, 0.8 km from Damac Business Tower (about 10 min walk).
- Spinneys/ Ontario TowerSupermarket · 0.8 km · about 10 min walk
- Spinneys / The Executive TowersSupermarket · 1 km · about 12 min walk
- Spinneys / south bridge downtowne DubaiSupermarket · 1.1 km · about 13 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
- Bay AvenueShopping Mall · 1.2 km · about 14 min walk
Restaurants and hotels near Damac Business Tower
The closest is Maward Restaurant, 0.2 km from Damac Business Tower (about 2 min walk).
- Maward RestaurantRestaurant · 0.2 km · about 2 min walk
- Oberoi HotelHotel · 0.8 km · about 10 min walk
- Vida Hotels and ResortsHotel · 1.2 km · about 14 min walk
- JW Marriott Marquis Business BayHotel · 1.3 km · about 5 min drive
- Al Manzil HotelHotel · 1.4 km · about 5 min drive
Hospitals and clinics near Damac Business Tower
The closest is Medcare Hospital, 2.6 km from Damac Business Tower (about 7 min drive).
- Medcare HospitalHospital · 2.6 km · about 7 min drive
- Al Amal HospitalHospital · 2.8 km · about 8 min drive
- Emirates HospitalHospital · 3.6 km · about 9 min drive
- Internationl Medical CenterHospital · 3.9 km · about 10 min drive
- Neuro Spinal hospitalHospital · 4.2 km · about 10 min drive
Parks and leisure near Damac Business Tower
The closest is Dubai Bowling Centre, 1.4 km from Damac Business Tower (about 5 min drive).
- Dubai Bowling CentreSports Academy · 1.4 km · about 5 min drive
- Al Quoz Pond ParkPark · 1.8 km · about 6 min drive
- Safa ParkPark · 2.3 km · about 7 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.8 km · about 10 min drive
- Falcon Centre and Cultural SportsSports Academy · 3.9 km · about 10 min drive
Schools near Damac Business Tower
The nearest is GEMS Our Own Indian School, 1.3 km away. Ratings are the KHDA's latest inspection grades.
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.3 km
- Global Indian International School L.L.CIndian · KHDA: Good · 1.3 km
- Dubai International Private School - BrAmerican · KHDA: Good · 1.4 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.4 km
- Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 1.8 km
- Japanese SchoolJapanese · KHDA: Good · 2 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Damac Business Tower with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Damac Business Tower
In its favour
- Owners who resold have made money: a median gain of up to 40%.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Service charges of up to AED 29.82 per sq ft are on the higher side for Dubai.
- Completed 15 years ago: ask about maintenance and any planned refurbishment.
- The nearest running metro station is 1.4 km away, so a car helps.
Specialists
Brokers who know Damac Business Tower
These brokers handle sales and lettings in Damac Business Tower and can tell you what is available now.
Mohammad Jarrar
Property Advisor
Anjelika Nazarmetova
Senior Property Advisor
Osman Sillah
Property Advisor
Mahmoud Hamzeh
Property Advisor
Shiela Marie Duran
Property Advisor
Nathalie Donfack Tsueti
Property Advisor
Ivelina Neykova
Senior Property Advisor
Aniket Arun Tiwari
Property Advisor
FAQs
Damac Business Tower: questions answered
Buying, selling or renting in Damac Business Tower?
A broker who works Business Bay will tell you what is available and what comparable homes went for.