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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Business Bay

Escape Tower, Business Bay

Escape Tower is a 40-storey freehold residential tower on Al Asayel Street in Business Bay, close to Sheikh Zayed Road at the edge of Downtown Dubai. Built by United Engineering Construction and completed in the mid-2000s, it holds only 2- and 3-bedroom apartments. Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.

Storeys

40

Developer

United Engineering Construction

Completed

2006/2007

Units

2 and 3-bedroom apartments only

Location

Al Asayel Street, Business Bay

Wide daytime view of the Dubai high-rise skyline across open water past an empty promenade railing

About the Building

Escape Tower stands on Al Asayel Street in Business Bay, close to Sheikh Zayed Road at the edge of Downtown Dubai. The 40-storey freehold tower was developed by United Engineering Construction and holds exclusively 2- and 3-bedroom apartments, ranging from open-plan layouts with city or canal-facing balconies to larger family-sized units, with no studios or one-bedroom units in the building.


Location & Nearby Landmarks

Escape Tower’s position near Sheikh Zayed Road puts it within easy reach of Downtown Dubai, DIFC and the wider Business Bay canal district.

Royale Stays also manages short-term rentals at other Business Bay towers, including Amna Tower, Safeer Tower 2 and Peninsula One, each with its own layout and rental profile.


Unit Types

Every apartment in Escape Tower is either a 2- or 3-bedroom layout, with 2-bedroom units running roughly from the mid-500s up to around 1,600 square feet and 3-bedroom units extending to around 2,400 square feet depending on floor and layout. This narrower unit mix compared to some Business Bay towers makes the building a straightforward fit for owners furnishing for families or small groups.


Amenities

Residents have access to a swimming pool, a fully equipped gym, a children’s play area, steam room and sauna, plus 24-hour security, concierge services, covered parking across ten levels and high-speed elevators. The building also includes an on-site mosque and is pet-friendly, both relatively uncommon features among Business Bay’s residential towers.


Reliable, current resale and rental pricing specific to Escape Tower was not independently re-verified via a live portal pull during this research pass, follow the same honest-gap pattern as other recent Business Bay tower guides rather than inventing a figure. Owners considering a unit in the building can get a property-specific projection through Royale Stays’ ROI calculator.


Airbnb / Short-Term Rental Income Potential

Business Bay is an established, actively-booked short-term rental submarket in Dubai. Escape Tower’s developer, United Engineering Construction, is not a hotel brand that prohibits holiday-home letting, unlike Vida, the only confirmed exception under Royale Stays’ permit policy, so there is no confirmed barrier to STR use in this building.

Royale Stays’ Airbnb management services, furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, are available from a management fee starting at 15%. See Royale Stays’ holiday home permit guide for the application process. Owners ready to move forward can submit their property directly.

Income context reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

Escape Tower stands on Al Asayel Street in Business Bay, close to Sheikh Zayed Road, at the edge of Downtown Dubai.
Escape Tower holds only 2- and 3-bedroom apartments. There are no studios or one-bedroom units in the building.
Escape Tower was developed by United Engineering Construction, a freehold residential tower completed in the mid-2000s.
Yes, a DTCM holiday-home permit is required, the same as anywhere else in Dubai’s freehold market. Escape Tower is a standard freehold residential building with no confirmed short-term-letting prohibition, so the usual permit process applies.
Yes. Royale Stays handles furnishing, photography, pricing, check-in, guest communications and maintenance coordination for owners who are not based in Dubai, for a fee starting from 15%.