Urban Life Residences, Business Bay
Urban Life Residences is a 20-storey residential tower in Business Bay, developed by Urban Properties Development and completed in 2026 with 146 apartments. This guide covers what is confirmed about the building and what short-term letting would look like here.
Developer
Urban Properties Development
Storeys
20
Units
146 (42 studios, 76 one-bed, 28 two-bed)
Completed
2026 (handover Q2 2026)
Area
Business Bay
About Urban Life Residences
Urban Life Residences is a 20-storey residential tower in Business Bay, developed by Urban Properties Development, the real estate arm of the JAMS Investment Group. Construction was carried out by Jams Contracting, with Golden Square Engineering Consultants as the architectural consultant. The project launched as a freehold development in January 2025 and was handed over in mid-2026.
The tower holds 146 apartments: 42 studios, 76 one-bedroom units and 28 two-bedroom units, according to business-bay-dubai.ae and realtyhunting.com, both of which report the same unit mix. Sizes span roughly 396 to 518 square feet for studios, up to around 1,228 square feet for one-bedroom layouts, and up to about 1,797 square feet for the largest two-bedroom apartments, per tanamiproperties.com and propertyfinder.ae. Studio units had already sold out as of business-bay-dubai.ae's most recent listing snapshot.
Developer, unit count and completion status are cross-confirmed across propertyfinder.ae, business-bay-dubai.ae, tanamiproperties.com, realtyhunting.com and propsearch.ae (all fetched 2026-09-10). propsearch.ae's own building guide records 19 storeys against 20 recorded independently by propertyfinder.ae and tanamiproperties.com; this guide uses the majority figure of 20. Urban Life Residences is also marketed on propertyfinder.ae under the extended name "Urban Life Exclusive Residences", the same single project, not a separate development. No other same-named "Urban Life" building or company was found anywhere during research for this guide.
Location & Nearby Landmarks
Urban Life Residences sits in Business Bay, close to the Dubai Water Canal. Propertyfinder.ae cites roughly 3 minutes to the Dubai Canal Promenade, about 9 minutes to Downtown Dubai, and around 11 minutes to Burj Khalifa and The Dubai Mall. Business Bay Metro Station is about 5 minutes away by car, according to business-bay-dubai.ae.
Royale Stays already manages short-term rentals across Business Bay, including other towers covered in this Building Guide series such as Avanti Tower and Ubora Towers. The wider Business Bay coverage area is detailed in Airbnb Property Management in Business Bay.
Unit Types
Urban Life Residences comprises 146 apartments: 42 studios, 76 one-bedroom units and 28 two-bedroom units, according to business-bay-dubai.ae and realtyhunting.com. Studio sizes range from roughly 396 to 518 square feet, one-bedroom units from about 792 to 1,228 square feet, and two-bedroom units from roughly 1,572 to 1,797 square feet, per tanamiproperties.com and propertyfinder.ae. Current asking prices start at around AED 1.65 million for a one-bedroom apartment and AED 2.88 million for a two-bedroom apartment, according to business-bay-dubai.ae; studios had already sold out as of that same listing snapshot.
At its January 2025 launch, units were priced from AED 884,000, according to propsearch.ae. The AED 1.65 million / AED 2.88 million figures above reflect current resale-market asking prices reported by business-bay-dubai.ae, cross-confirmed for the one-bedroom figure by realtyhunting.com, as of this guide's research (2026-09-10).
Amenities
Amenities include three swimming pools, a gymnasium, spa and sauna, a jogging track, a cinema/movie theatre, a co-working space, a kids' play area, a rooftop terrace, and 24-hour security and concierge, according to propertyfinder.ae and business-bay-dubai.ae. Parking is provided across dedicated podium levels, with entertainment space on the first floor and a health club above, per business-bay-dubai.ae.
Airbnb / STR Potential
Urban Life Residences is a freehold development, completed and handed over since mid-2026, with no confirmed short-term-letting prohibition for Urban Properties Development, unlike Vida-branded buildings. Short-term letting here follows the standard Dubai process: a DTCM holiday-home permit routed through the building's own management company.
Royale Stays' own live Business Bay area guide reports an average nightly rate of AED 766 across the district at 88% occupancy, with over 2,200 active DTCM-licensed short-term rental listings already operating in the area. By unit type, one-bedroom apartments average AED 473 per night (about AED 12,879 per month) and two-bedroom apartments average AED 801 per night (about AED 21,874 per month), both at 88% occupancy, figures directly relevant to Urban Life Residences' 76 one-bedroom and 28 two-bedroom units.
Royale Stays manages short-term rentals across Business Bay for a fee starting from 15%, covering furnishing, photography, pricing, guest communications and maintenance. Owners can use the Dubai Property ROI Calculator to model potential returns, and reach out via Royale Stays' Airbnb property management service to discuss management for a unit here.
Business Bay benchmark figures (average nightly rate, occupancy, per-bedroom breakdown, active listing count) are drawn from Royale Stays' own live Business Bay area guide (post_id 48728), live-fetched 2026-09-10.
Questions