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Q1 2013
229
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Live market context for The Residences at Business Central from DLD registered transactions and active listings.
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
60% pre-handover
20% Down Payment · 40% During Construction · 40% On Handover
40% on handover
AED 2,602
Business Bay 12-month registered-sales median price per square foot.
Avg AED 2,609 / sqft
12.9K sales
AED 42.7B traded in Business Bay over the last 12 months.
5,236 sales in 6 months
65.5% share
65.5% of Business Bay sales in the last 12 months were off-plan transactions.
Buyer demand signal
+12.4% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
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 Residences at Business Central represents an incredibly powerful, high-yield investment opportunity in the Dubai real estate market. 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. Arjan consistently delivers excellent Rental Returns (ROI) ranging between 6.5% and 8%. As Dubai continues to attract global corporations to Business Bay, mature, Grade-A assets like RBC Tower are guaranteed to see sustained tenant demand and strong, long-term capital appreciation.
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.
Prime location in Business Bay - one of Dubai's most sought-after areas
Investment starts from AED 2M
Developed by Damac Properties
Expected completion: Q1 2013
High rental demand area with yields typically 6-8% annually
Located in Business Bay, offering excellent connectivity and access to key destinations
Features include Gym, Basement, Security, BBQ Area, Supermarket Nearby and more
Attractive payment options available for investors and homebuyers
Built by Damac Properties with premium finishes and materials
Ready-to-move-in with immediate rental potential
Developer payment schedule for The Residences at Business Central.
20%
Down Payment
40%
During Construction
40%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.


Gym
Basement
Security
BBQ Area
Supermarket Nearby
Central A/C
CCTV Cameras
Shared Pool
Covered Parking
Landmark View
Dining in Building
Children Play Area
Lobby in Building
Community Center
Al Khail Road
Aster Hospital
Burj Khalifa
Dubai Mall
E 11 (Sheikh Zayed Road)
Community
DLD Market Data
Business Bay recorded 12.9K DLD-registered sales worth AED 42.7B over the last 12 months, with a median price of AED 2,602 per square foot. 65.5% of those sales were off-plan, and prices moved +12.4% year-on-year.
1 Bedroom
-
14 sales in 12 months
2 Bedrooms
-
2 sales in 12 months
DLD transactions linked to The Residences at Business Central and its registered project record.
| Date | Type | Beds | Size | Price | PSF |
|---|---|---|---|---|---|
| Apr 8, 2026 | Ready | 2 | 1,330 Sq Ft | AED 2,000,000 | AED 1,504 |
| Mar 17, 2026 | Ready | 1 | 1,879 Sq Ft | AED 2,334,602 | AED 1,242 |
| Mar 5, 2026 | Ready | 2 | 1,334 Sq Ft | AED 2,450,000 | AED 1,837 |
| Feb 9, 2026 | Ready | 0 | 812 Sq Ft | AED 2,430,222 | AED 2,992 |
| Feb 9, 2026 | Ready | 0 | 661 Sq Ft | AED 1,980,053 | AED 2,995 |
| Feb 9, 2026 | Ready | 0 | 889 Sq Ft | AED 2,660,118 | AED 2,993 |
| Feb 9, 2026 | Ready | 0 | 756 Sq Ft | AED 2,250,009 | AED 2,976 |
| Feb 9, 2026 | Ready | 0 | 887 Sq Ft | AED 2,650,435 | AED 2,989 |
| Feb 9, 2026 | Ready | 0 | 882 Sq Ft | AED 2,630,349 | AED 2,983 |
| Feb 9, 2026 | Ready | 0 | 880 Sq Ft | AED 2,620,163 | AED 2,978 |
| Feb 9, 2026 | Ready | 0 | 875 Sq Ft | AED 2,600,126 | AED 2,971 |
| Feb 9, 2026 | Ready | 0 | 791 Sq Ft | AED 2,360,299 | AED 2,985 |
Discover the exceptional location of The Residences at Business Central in Business Bay, offering unparalleled access to Dubai's finest destinations.
Get DirectionsThe Residences at Business Central by Damac Properties in Business Bay starts from Price on Request. 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.