The Residences at Business Central, Business Bay
The Residences at Business Central is a 23-storey residential tower in Business Bay, Dubai, developed by DAMAC Properties directly on the bank of the Dubai Canal. It is a completely different building from Business Central Towers, an unrelated two-tower complex in Dubai Media City, and from One Central, the unrelated lifestyle and business destination near the Dubai World Trade Centre. Business Bay is one of the five areas Royale Stays actively manages, and the company handles the setup, pricing and guest side of listing a unit for a fee starting from 15%.
Storeys
23 (+1 basement)
Building type
Residential tower with ground-floor retail
Completion
February 2013
Developer
DAMAC Properties
Area
Business Bay, Dubai
About The Residences at Business Central
The Residences at Business Central is a fully completed, 23-storey residential tower in Business Bay, Dubai, with one additional basement level, developed by DAMAC Properties. Per the developer's own project page, the building sits "right on the bank of the Dubai Canal," with an earlier DAMAC press release describing the site as "opposite the Burj Khalifa."
Per Propsearch.ae's building profile, construction began in April 2010 and the project was completed by February 2013. The building offers a mix of one-, two- and three-bedroom apartments, confirmed on DAMAC's own project page in near-identical wording to Propsearch.ae's listing. The tower stands 85 metres (279 feet) tall. DAMAC's own official page describes it today as a "23-storey mixed-use development," matching Propsearch.ae's storey count and reflecting the ground and mezzanine-floor retail alongside the residential apartments.
Height and the full in-building facilities list are sourced from Propsearch.ae's building profile; independent confirmation from a second detailed source (such as Bayut's or Property Finder's own building pages) could not be obtained during this session, since direct fetches returned a bot-protection error or a not-found response. A DAMAC Properties 2012 press release separately describes the building as having "topped out" at 21 storeys mid-construction, ahead of cladding and interior fit-out; this reflects an earlier construction milestone, not a conflict with the 23-storey final count confirmed by both Propsearch.ae and DAMAC's own current project page.
Location & Nearby Landmarks
The Residences at Business Central sits in Business Bay, Dubai's canal-side business and residential district close to Downtown Dubai. For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for Business Bay covers licensing and demand across the district.
The building is within a short distance of several other Business Bay towers covered separately on royalestays.com, including Windsor Manor, roughly 0.4km away, Damac Towers by Paramount, roughly 0.5km away, and Damac Maison Canal Views, also roughly 0.5km away, per the distances published on the building's own Propsearch.ae profile.
Building Details
Per Propsearch.ae, in-building facilities include a swimming pool, gymnasium, barbecue area, an outdoor children's play area, retail on the ground and mezzanine floors, a small shopping arcade, parking across the basement, ground floor and three podium levels, and 24-hour reception and security. The single basement level is used for parking.
The building has an active, individually-owned resale market rather than a single corporate landlord. Propsearch.ae's own log of Dubai Land Department transactions shows 50 sale records on file for the building, including a 1-bedroom flat sold on 7 August 2026 for AED 1.69 million (1,441 sq ft) and a 3-bedroom flat sold on 28 July 2026 for AED 2.5 million (1,781 sq ft). Prospective owners and guests should confirm exact unit layouts and current availability directly with a broker or the building's management, since no source checked for this guide publishes an official total apartment count.
Amenities & Transportation
Per the building's own Propsearch.ae profile, residents and guests have a wide range of everyday conveniences within a short walk: a mini mart inside the building itself on the ground floor, several restaurants and a cafe around The Lana hotel roughly 0.2km away, pharmacies and a medical clinic also near The Bay roughly 0.2km away, and gyms around Burj View Towers and Address Dubai Mall within about 0.8 to 0.9km. Hartland International School and North London Collegiate School Dubai, both rated "Very good" by government inspection, sit around 1.9 to 2.1km away.
The building's Business Bay location gives residents and short-term guests quick access to Al Khail Road and Sheikh Zayed Road, putting Downtown Dubai, DIFC and Dubai Mall within a short drive, along with the Business Bay Metro station. Dubai International Airport is around 15 to 20 minutes away by car, with Al Maktoum International around 40 minutes.
Airbnb / Short-Term Rental Income Potential
Renting an apartment at The Residences at Business Central short-term needs a DTCM holiday home permit, professional photography, dynamic pricing, round-the-clock guest communication, housekeeping between stays and owners-association coordination. Business Bay is one of the five areas Royale Stays actively manages, and real managed-portfolio figures from the district, matching this building's own confirmed one-, two- and three-bedroom unit mix, show one-bedroom units averaging AED 473 a night at 88% occupancy (AED 12,879 a month), two-bedroom units averaging AED 801 a night at 88% occupancy (AED 21,874 a month), and three-bedroom units averaging AED 1,212 a night at 88% occupancy (AED 33,159 a month). Royale Stays runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications, with a single monthly statement covering revenue, fee, costs and net transfer.
This guide found no hotel-brand operator running any part of The Residences at Business Central: the building is a standard residential property with individually-owned apartments and ground-floor retail. There is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that apartments here can't be run as licensed holiday homes. 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 reflects Royale Stays' own managed Business Bay portfolio by unit type, fetched live 2026-09-07 from royalestays.com/airbnb-management-business-bay/, not a building-specific figure; no Royale Stays-managed unit currently exists at The Residences at Business Central itself.
Questions