Urban Oasis by Missoni, Business Bay
Urban Oasis by Missoni is a 38-storey residential tower directly on the Dubai Water Canal in Business Bay, developed by Dar Al Arkan in collaboration with the Italian fashion house Missoni and completed in 2023. Its studio-to-penthouse unit mix and canal-front location make it a strong fit for short-term rental, and Royale Stays manages the full setup with fees from 15%.
Storeys
38
Developer
Dar Al Arkan (with Missoni)
Completed
2023
Unit Types
Studio-4BR penthouse
Area
Business Bay (Canal)
About Urban Oasis by Missoni
Urban Oasis by Missoni is a 38-storey residential tower in Business Bay, developed by Dar Al Arkan through its international arm, Dar Global Properties, and built directly on the Dubai Water Canal. Its interiors and exteriors were designed in collaboration with Missoni, the Italian fashion house known for its bold zigzag patterns, making it the second residential tower in the world to carry a full Missoni design partnership, after a sister project in Miami. The building was completed in 2023 and holds a mix of studio, one, two and three-bedroom apartments, with four-bedroom penthouses on the upper floors.
The building's amenity mix reflects its branded-residence positioning: an infinity pool, a fully equipped gymnasium, a dedicated kids' club and play area, and 24-hour concierge service, alongside a barbecue area, a landscaped common garden, garage parking and ground-floor retail and dining space. Penthouse units come with private elevator access, and several floors carry direct views over the canal and the wider Business Bay skyline.
Location & Nearby Landmarks
Urban Oasis by Missoni sits directly on the Dubai Water Canal in Business Bay, close to the Burj Khalifa, Dubai Mall and Downtown Dubai, all reachable within a few minutes by car. Royale Stays' Business Bay Airbnb management guide covers what makes the wider district work for short-term rentals as a whole.
Other Business Bay towers covered separately on royalestays.com include DAMAC Vera Residences and The Scala Tower, both also part of Royale Stays' canal-facing portfolio in the district, plus Marquise Square Tower, another freehold Business Bay apartment building.
Unit Types
Urban Oasis by Missoni offers a wide mix, from studios up to three-bedroom apartments, with four-bedroom penthouses occupying the upper floors. Penthouse residents get their own private elevator access, and Missoni's design team carried its signature zigzag patterns and bold colour palette through the interiors across the building, not just the penthouse tier.
Amenities
Residents have access to an infinity pool, a fully equipped gymnasium, a dedicated kids' club and play area, and 24-hour concierge service. The building also has a barbecue area, a landscaped common garden, garage parking and ground-floor retail and dining space.
Transportation & Access
Business Bay Metro Station and the wider Business Bay district put Downtown Dubai, the Dubai Water Canal promenade and Sheikh Zayed Road within easy reach. Dubai International Airport is roughly 20 minutes away by car.
Rental & Price Trends
No independently verified rental or resale figures specific to Urban Oasis by Missoni were available when this guide was researched, so none are quoted here rather than repeating a marketing estimate. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator with the figures they actually have.
Airbnb / Short-Term Rental Income Potential
Business Bay is one of the areas Royale Stays actively manages, and Urban Oasis by Missoni's canal-front position puts it in a strong spot for short stays: across Royale Stays' managed Business Bay portfolio, average nightly rates run around AED 766 at 88% occupancy, and canal-facing units in the district typically earn 15 to 25% more per night than equivalent non-canal units in the same building, per Royale Stays' Business Bay area guide. No Urban Oasis-specific booking history was independently found during this research pass, so these are area-level figures presented honestly as area context, not a building-specific claim.
By unit type across Business Bay, Royale Stays' managed portfolio averages AED 473 a night for one-bedroom units at 88% occupancy, around AED 12,879 a month, AED 801 a night for two-bedroom units at 88% occupancy, around AED 21,874 a month, and AED 1,212 a night for three-bedroom units at 88% occupancy, around AED 33,159 a month. Urban Oasis by Missoni is a standard freehold residential tower with no hotel branding, so owners can apply for a DTCM holiday home permit in the normal way.
Royale Stays handles furnishing, photography, pricing, check-in, guest communications and maintenance coordination, with management fees from 15%. The wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai. Owners ready to move forward can submit their property for a free earnings estimate.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
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