Central 1, Business Bay
Central 1 is an 18-storey residential apartment tower in Business Bay, Dubai, completed in November 2024 according to Propsearch.ae's building profile. The tower is sometimes miscategorized online as a Dubai Marina property, and it is a separate building from "Central 1 Dubai 5," a smaller, unrelated 10-storey building in Al Satwa, 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
18 (+1 basement)
Building type
Residential apartment tower
Completion
November 2024
Developer
Not independently confirmed
Area
Business Bay, Dubai
About Central 1
Central 1 is a fully completed, 18-storey residential apartment tower in Business Bay, Dubai, with one additional basement level. Some property directories and datasets have listed the building under Dubai Marina, but live portal listings and the building's own profile page place it firmly in Business Bay, alongside well-known neighbors such as Park Central and AG Tower.
Per Propsearch.ae's building profile, construction on Central 1 began in 2019 and the project was completed by November 2024. The architectural consultant was Rimal Engineering Consultant, and the foundation work was carried out by Dutch Foundation Company. The building's single basement level is used for parking. No source checked for this guide names a developer for Central 1, and none publishes a bedroom-type breakdown or total apartment count for the building, so neither is stated here as a fact.
Storey count, the construction timeline, the architect and the foundation contractor are all sourced from Propsearch.ae's building profile; independent confirmation from a second detailed source (such as Bayut's own building guide) could not be obtained during this session, since direct fetches of that page returned a bot-protection error. None of these figures conflict with anything else found for this building; they are simply single-sourced rather than cross-confirmed.
Location & Nearby Landmarks
Central 1 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.
Central 1 is genuinely within walking distance of several other Business Bay towers covered separately on royalestays.com, including Park Central, roughly 0.1km away, AG Tower, roughly 0.2km away, and Ubora Towers, also roughly 0.2km away, per the distances published on the building's own Propsearch.ae profile.
Building Details
Central 1 is a straightforward residential building rather than a branded or hotel-operated property, with all 18 residential floors sold on the open market. Property Finder's own live listings for the building show apartments actively available to rent, confirming an established, individually-owned rental market rather than a single corporate landlord. 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 bedroom-type breakdown.
Amenities & Transportation
No source checked for this guide lists dedicated in-building amenities, such as a pool or gym, for Central 1 specifically. Owners and guests instead have a wide range of everyday conveniences within a very short walk, per the building's own Propsearch.ae profile: a supermarket and gym around AG Tower, a pharmacy nearby, a pet shop near Ubora Towers, and several restaurants and a coffee shop around Safeer Tower 1 and the Barcelo Business Bay hotel, all within roughly 0.1 to 0.2km.
Central 1'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 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 a Central 1 apartment 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 show one-bedroom units averaging AED 473 a night at 88% occupancy (AED 12,879 a month) and two-bedroom units averaging AED 801 a night at 88% occupancy (AED 21,874 a month). Since Central 1's own unit mix is not independently confirmed, these figures are offered as Royale Stays' general Business Bay portfolio numbers by unit type rather than a Central 1-specific estimate. 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 Central 1: the building is a straightforward residential property with individually-owned apartments. There is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that Central 1 apartments 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 Central 1-specific figure; no Royale Stays-managed unit currently exists at Central 1 itself.
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