YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Ahad Residences, Business Bay
A 30-storey residential tower by Ahad Real Estate Development in Business Bay, Dubai: location, amenities, pricing, and real short-term rental income data from Royale Stays' managed portfolio.
Floors
30
Developer
Ahad Real Estate Development
Completed
2023
Units
Studio-3BR apartments
Area
Business Bay
About Ahad Residences
Ahad Residences is a 30-storey residential tower in Business Bay, developed by Ahad Real Estate Development, known as the Ahad Group, part of Mercury Investment Holding. Completed in 2023, the building added 346 apartments to one of Dubai's most established mixed-use districts, sitting alongside the canal-side towers and business addresses that define the area.
The building's unit mix runs across studio, one, two and three-bedroom apartments, with sizes spanning roughly from 417 square feet for a studio up to around 2,560 square feet for the largest three-bedroom layouts. Interiors are fitted with a Smart Home system controlling lighting and climate, smart TVs and European fittings, features that position Ahad Residences toward the more tech-forward end of Business Bay's newer residential stock.
A triple-height lobby with ground-floor retail forms the building's entrance, and the tower is one of relatively few in the area to include a dedicated outdoor calisthenics and fitness park alongside its other amenities, marketed as among the first of its kind in the UAE. That combination of smart-home specification and less common outdoor fitness infrastructure is one of the clearer ways Ahad Residences distinguishes itself from older Business Bay towers built a decade or more earlier.
Location & Nearby Landmarks
Ahad Residences sits within Business Bay, immediately adjacent to Opus by Omniyat and facing the Oberoi Hotel Business Bay, placing it among some of the district's more recognisable neighbouring developments. The Dubai Water Canal is a short walk away, and Downtown Dubai, including the Burj Khalifa, Dubai Mall and Dubai Opera, is roughly a five-minute drive, making Business Bay a practical base for residents who want Downtown's landmarks close by without paying Downtown's own address premium. For a broader read on what the district offers as a rental market beyond this one building, Royale Stays' Business Bay Airbnb management guide covers the area in more depth.
Dubai Marina is further out, roughly a 20-minute drive, which is typical for a Business Bay address: residents trade proximity to the beachfront Marina strip for a more central position between Downtown and the rest of the city's road network. Business Bay's own canal frontage, combined with its walking-distance access to Downtown's landmarks, is generally the stronger draw for tenants choosing the area over Marina-side alternatives.
Millennium Binghatti Residence, another Business Bay tower we cover, is a useful comparison point for owners weighing a similar building in this part of the district. Each tower has its own layout, size mix and price point, so it is worth reading more than one guide before comparing them directly.
Unit Types
Ahad Residences offers studio, one, two and three-bedroom apartments across its 346 units, with sizes ranging broadly from around 417 square feet for the smallest studios up to approximately 2,560 square feet for the largest three-bedroom configurations. Royale Stays has not confirmed exact square footage for every individual configuration within that range, so this guide describes the overall size span rather than precise per-layout figures. No floor-plan diagrams are included here: floor plans are typically the developer's or broker's proprietary material, and Royale Stays has not been able to verify them independently for this guide.
Amenities
Ahad Residences' amenities include a resort-style outdoor swimming pool with a separate children's pool, an indoor gym with a sauna, and an outdoor calisthenics and fitness park, marketed as among the first of its kind in the UAE. Families are served by a dedicated kids' play area and kids' club, alongside a barbecue and leisure lounge area for residents.
Parking runs across five basement levels, with valet service and EV charging points available. The building operates 24-hour security and CCTV coverage, electronic door locks on individual units, and a triple-height lobby with ground-floor retail at street level, rounding out a specification that leans toward the newer, more amenity-dense end of Business Bay's residential stock.
Transportation & Access
Business Bay Metro Station, on the Red Line, is roughly an eight-minute walk from Ahad Residences, giving residents without a car a reasonably direct route into the wider Metro network. By road, the building has direct and quick access to both Sheikh Zayed Road and Al Khail Road, Dubai's two main arterial routes, and sits near Al Mustaqbal Street and Burj Khalifa Boulevard, both useful for reaching Downtown and the rest of Business Bay without needing to join Sheikh Zayed Road first.
Rental & Price Trends
Royale Stays has not independently confirmed rents specific to Ahad Residences in this pass, so the figures below describe Business Bay's rental market at an area level rather than this particular building. Across Business Bay generally, studio apartments currently rent for roughly AED 52,000 to AED 70,000 per year, while one-bedroom apartments run from around AED 65,000 to AED 140,000 per year depending on size, floor and finish. Service charges specific to Ahad Residences have not been independently confirmed via the DLD's Mollak index for this pass and are omitted here rather than estimated. Owners weighing a specific unit's earning potential against these area-level ranges can run their own numbers through Royale Stays' Dubai property ROI calculator.
Airbnb / Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Ahad Residences, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Ahad Residences would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Royale Stays does not currently have Ahad Residences-specific booking data to draw on, so this section speaks to Business Bay generally rather than claiming a nightly rate or occupancy figure for this particular building. In Royale Stays' experience managing short-term rentals across Business Bay, well-presented studio and one-bedroom units with genuine smart-home or amenity differentiation, like Ahad Residences' fitness park and Smart Home fit-out, tend to stand out more easily in a district with a large and growing supply of comparable newer towers.
For an owner weighing whether Airbnb makes sense for a unit at Ahad Residences, the practical starting points are the same as anywhere else in Business Bay: confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit competitively against comparable Business Bay listings. Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly, and our guide to choosing the best Airbnb management company in Dubai sets out what to look for when comparing operators. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential.
Income context reflects Royale Stays' own managed-portfolio experience across Business Bay, reviewed by Chris Veinbaums, DTCM-licensed operator.
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