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Off-plan building · Dubai Properties

Plaza Boutique - 5, Business Bay

Highlights

Plaza Boutique - 5 at a glance

About Plaza Boutique - 5

Plaza Boutique - 5 is a residential building in Business Bay, Dubai, developed by Dubai Properties. It holds about 9 units: 3-bedroom apartments, 4-bedroom apartments.

Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 897 per sq ft.

Plaza Boutique - 5 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A residential off-plan building
  • Located in Business Bay, Dubai
  • Developed by Dubai Properties
  • Unit types: 3 Beds, 4 Beds
  • Sizes from 2,610 to 7,950 sq ft
  • Service charge from AED 9.78 per sq ft
  • Business Bay metro station 0.5 km away
Status
Off-plan
Developer
Dubai Properties
Location
Business Bay, Dubai
Unit types
3 Beds, 4 Beds
Prices from
AED 2.9M
Median price per sq ft
AED 897
Median gross yield
4.6%
Service charge
AED 9.78 per sq ft (2021)
Nearest metro
Business Bay, 0.5 km

Building details

Inside Plaza Boutique - 5

Properties in Plaza Boutique - 5

3-bedroom apartments in Plaza Boutique - 5

There are about 2 of these in Plaza Boutique - 5, from 2,610 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Plaza Boutique - 5

There are about 7 of these in Plaza Boutique - 5, from 4,470 to 7,950 sq ft. None has sold recently enough to quote a price.

Unit types in Plaza Boutique - 5 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
3 Beds22,610 sqft242.5 sqmtNo recent sales–
4 Beds74,470 sqft415.3 sqmt – 7,950 sqft738.6 sqmtNo recent sales–

Recent transactions in Plaza Boutique - 5

  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 6.7M

    AED 859 /sqftAED 9,246 /sqmt

    ReadyApartment
    7,798 sqft724.5 sqmt4 BedsOwner7 Nov 2024
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 3.9M

    AED 1,494 /sqftAED 16,081 /sqmt

    ReadyApartment
    2,610 sqft242.5 sqmt3 BedsOwner6 Sept 2024
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 5.5M

    AED 894 /sqftAED 9,623 /sqmt

    ReadyApartment
    6,153 sqft571.6 sqmt4 BedsOwner25 Jan 2023
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 3M

    AED 1,005 /sqftAED 10,818 /sqmt

    ReadyApartment
    4,479 sqft416.1 sqmt4 BedsOwner25 May 2021
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 3.8M

    AED 851 /sqftAED 9,160 /sqmt

    ReadyApartment
    4,479 sqft416.1 sqmt4 BedsOwner19 Nov 2020
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 2.5M

    AED 948 /sqftAED 10,204 /sqmt

    ReadyApartment
    2,610 sqft242.5 sqmt3 BedsOwner9 Aug 2020
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4.5M

    AED 996 /sqftAED 10,721 /sqmt

    ReadyApartment
    4,467 sqft415 sqmt4 BedsOwner19 Feb 2020
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 3.9M

    AED 658 /sqftAED 7,083 /sqmt

    ReadyApartment
    5,848 sqft543.3 sqmt4 BedsOwner18 Mar 2018
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 3.3M

    AED 1,278 /sqftAED 13,756 /sqmt

    ReadyApartment
    2,610 sqft242.5 sqmt3 BedsOwner18 Mar 2014
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 2.9M

    AED 1,100 /sqftAED 11,840 /sqmt

    ReadyApartment
    2,610 sqft242.5 sqmt3 BedsDeveloper4 Feb 2014
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4M

    AED 903 /sqftAED 9,720 /sqmt

    ReadyApartment
    4,467 sqft415 sqmt4 BedsDeveloper24 Sept 2013
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 5.8M

    AED 737 /sqftAED 7,933 /sqmt

    ReadyApartment
    7,798 sqft724.5 sqmt4 BedsOwner1 Jul 2013
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 6.3M

    AED 934 /sqftAED 10,053 /sqmt

    ReadyApartment
    6,691 sqft621.6 sqmt4 BedsOwner10 Jun 2013
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4.2M

    AED 532 /sqftAED 5,726 /sqmt

    ReadyApartment
    7,946 sqft738.2 sqmt4 BedsOwner21 Jan 2013
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 5.5M

    AED 696 /sqftAED 7,492 /sqmt

    ReadyApartment
    7,946 sqft738.2 sqmt4 BedsDeveloper7 Jan 2013
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 3.3M

    AED 1,253 /sqftAED 13,487 /sqmt

    ReadyApartment
    2,610 sqft242.5 sqmt3 BedsDeveloper7 Aug 2012
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4.2M

    AED 710 /sqftAED 7,642 /sqmt

    ReadyApartment
    5,848 sqft543.3 sqmt4 BedsOwner7 Mar 2012
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4.5M

    AED 775 /sqftAED 8,342 /sqmt

    ReadyApartment
    5,848 sqft543.3 sqmt4 BedsDeveloper13 Feb 2012
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4.4M

    AED 655 /sqftAED 7,050 /sqmt

    ReadyApartment
    6,691 sqft621.6 sqmt4 BedsDeveloper22 Dec 2011
  • Executive Towers (Plaza Boutique 5)

    Business Bay

    AED 4M

    AED 900 /sqftAED 9,688 /sqmt

    ReadyApartment
    4,479 sqft416.1 sqmt4 BedsDeveloper11 Oct 2010

Every sale in Plaza Boutique - 5Every rent contract in Plaza Boutique - 5

Service charges in Plaza Boutique - 5

The 2021 service charge in Plaza Boutique - 5 is AED 9.78 per sq ft for homes. 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.

Service charges in Plaza Boutique - 5
Unit typeRate per sq ftSizeYearly charge
3 Beds Apartment (2021)AED 9.782,610 sqft242.5 sqmtAED 25,526 – AED 25,526
4 Beds Apartment (2021)AED 9.784,470 sqft415.3 sqmt – 7,950 sqft738.6 sqmtAED 43,717 – AED 77,751

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Plaza Boutique - 5

Transportation near Plaza Boutique - 5

The nearest Dubai Metro station from Plaza Boutique - 5 is Business Bay (red line, 0.5 km, about 6 min walk), then Burj Khalifa/Dubai Mall (red line, 1.3 km, about 5 min drive). Stations planned on new lines nearby include Business Bay Interchange (golden line, 0.5 km, about 6 min walk) and Burj Khalifa Road (golden line, 0.6 km, about 7 min walk).

  • Business BayRed line · 0.5 km · about 6 min walk
  • Business Bay InterchangeGolden line · 0.5 km · about 6 min walk
  • Burj Khalifa RoadGolden line · 0.6 km · about 7 min walk
  • Burj Khalifa/Dubai MallRed line · 1.3 km · about 5 min drive
  • City WalkGolden line · 1.9 km · about 6 min drive
  • District 1 near High Speed Rail lineGolden line · 2.3 km · about 7 min drive

Shopping and groceries near Plaza Boutique - 5

The closest is Bay Avenue, 0 km from Plaza Boutique - 5 (about 2 min walk).

  • Bay AvenueShopping Mall · 0 km · about 2 min walk
  • Spinneys / The Executive TowersSupermarket · 0.3 km · about 4 min walk
  • Choitram, The Executive TowersSupermarket · 0.3 km · about 4 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.5 km · about 6 min walk
  • Spinneys/ Ontario TowerSupermarket · 0.6 km · about 7 min walk

Restaurants and hotels near Plaza Boutique - 5

The closest is Oberoi Hotel, 0.5 km from Plaza Boutique - 5 (about 6 min walk).

  • Oberoi HotelHotel · 0.5 km · about 6 min walk
  • Vida Hotels and ResortsHotel · 0.9 km · about 11 min walk
  • Qamardeen HotelHotel · 0.9 km · about 11 min walk
  • JW Marriott Marquis Business BayHotel · 1 km · about 12 min walk
  • Villa Rotana - DubaiHotel · 1 km · about 12 min walk

Hospitals and clinics near Plaza Boutique - 5

The closest is Al Amal Hospital, 1.6 km from Plaza Boutique - 5 (about 5 min drive).

  • Al Amal HospitalHospital · 1.6 km · about 5 min drive
  • Medcare HospitalHospital · 2.4 km · about 7 min drive
  • Emirates HospitalHospital · 2.9 km · about 8 min drive
  • Internationl Medical CenterHospital · 2.9 km · about 8 min drive
  • Emirates International HospitalHospital · 3.7 km · about 9 min drive

Parks and leisure near Plaza Boutique - 5

The closest is Safa Park, 2 km from Plaza Boutique - 5 (about 6 min drive).

  • Safa ParkPark · 2 km · about 6 min drive
  • Dubai Bowling CentreSports Academy · 2 km · about 6 min drive
  • Al Quoz Pond ParkPark · 2.9 km · about 8 min drive
  • Jumeirah Beach ParkPark · 3.2 km · about 8 min drive
  • Falcon Heritage and Sports CentreSports Academy · 4.9 km · about 12 min drive

Schools near Plaza Boutique - 5

The nearest is Japanese School, 1.2 km away. Ratings are the KHDA's latest inspection grades.

  • Japanese SchoolJapanese · KHDA: Good · 1.2 km
  • JSS Private School L.L.CIndian · KHDA: Very good · 1.3 km
  • Horizons English School L.L.CUK · KHDA: Outstanding · 1.6 km
  • Harrow International School L.L.CUK* · KHDA: Not inspected yet · 1.7 km
  • Dubai British School MiraUK · KHDA: Not inspected yet · 1.7 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 2 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Plaza Boutique - 5 with:

Things to consider about Plaza Boutique - 5

In its favour

  • Business Bay metro station is within walking distance.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

FAQs

Plaza Boutique - 5: questions answered

Plaza Boutique - 5 was developed by Dubai Properties in Business Bay.

Across its 20 most recent registered sales, Plaza Boutique - 5 sold for a median of AED 897 per sq ft and AED 4.1M per unit.

The median gross yield on recently sold units in Plaza Boutique - 5 is 4.6%: the rent the unit earned over its purchase price, before costs.

The 2021 service charge for residential units in Plaza Boutique - 5 is AED 9.78 per sq ft a year, as registered with the Dubai Land Department.

Plaza Boutique - 5 has 3 Beds (2,610 sq ft), 4 Beds (4,470 to 7,950 sq ft).

Business Bay is about 0.5 km from Plaza Boutique - 5.

The nearest schools include Japanese School (1.2 km), JSS Private School L.L.C (1.3 km), Horizons English School L.L.C (1.6 km).

Buying, selling or renting in Plaza Boutique - 5?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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