Moon Tower, Business Bay
Moon Tower is a completed 17-storey residential tower in Business Bay, developed by Arabia Group Investment Ltd in partnership with Ali Khalifa Thani Alhannawi Real Estate Development. The building sits directly on the Dubai Water Canal, with Dubai Land Department records showing construction launched in July 2007 and handover completed around 2016. Sources put the total unit count at roughly 255 to 293 apartments, a mix of studios, one and two-bedroom layouts. Business Bay is one of the five areas Royale Stays actively manages, and the company can arrange the DTCM permit, pricing, guest communication and maintenance for a Moon Tower unit for a fee starting from 15%.
Storeys
17
Developer
Arabia Group Investment Ltd (with Ali Khalifa Thani Alhannawi Real Estate Development)
Status
Completed (handover circa 2016)
Unit types
Studio to 2BR
Area
Business Bay, Dubai
About Moon Tower
Moon Tower is a completed residential tower in Business Bay, developed by Arabia Group Investment Ltd in partnership with Ali Khalifa Thani Alhannawi Real Estate Development. The 17-storey building sits on a plot directly along the Dubai Water Canal. Dubai Land Department project records show the development launched in July 2007, with a handover date recorded as April 2016.
Estimates of the building's total unit count vary by source, from roughly 255 to 293 apartments. Both sources agree on the layout mix: studios, one-bedroom and two-bedroom units, with no three-bedroom or penthouse layouts recorded. The architectural consultant on the project was Chawla Architectural & Consulting Engineers, and the substructure includes three basement levels used for parking.
Developer, launch/handover dates and unit-mix details are cross-confirmed by Dubricks.com's Dubai Land Department-derived project page and Propsearch.ae's independent building guide (both live-fetched 2026-09-09). The unit-count range (255-293) reflects a genuine difference between the two sources' own figures, not resolved to a single number here. Storey count is stated at 17 per Dubricks.com's specific, 100%-complete listing with a matching handover date; Propsearch.ae states 20 storeys on a page that elsewhere describes the project as still under development, an internal inconsistency in that source, so the Dubricks figure is used here. Architect credit is single-sourced to Dubricks.com; no second source was found for this specific detail.
Location & Nearby Landmarks
Moon Tower sits in Business Bay, on a plot directly along the Dubai Water Canal. The location places it close to Sheikh Zayed Road and Al Khail Road, with Downtown Dubai, The Dubai Mall and the Burj Khalifa all a short drive away.
Royale Stays already manages properties across Business Bay, including other canal-front and nearby towers such as DAMAC Maison Canal Views, Executive Bay and Vezul Residence.
Location description (canal-front plot, proximity to Sheikh Zayed Road, Al Khail Road, Downtown Dubai) is drawn from Propsearch.ae and Dubricks.com, both live-fetched 2026-09-09. No specific drive-time or walking-distance figures were sourced for this building this session, so none are stated.
Unit Types
Moon Tower's roughly 255 to 293 units span studios through to two-bedroom apartments, with no three-bedroom or penthouse layouts recorded.
Amenities
Building amenities include a swimming pool, a health club, a children's play area, high-speed elevators, car parking and 24-hour security.
Transportation & Access
Moon Tower sits directly on Sheikh Zayed Road, giving straightforward car access across the city. Business Bay Metro Station serves the wider district and connects directly to Downtown Dubai, the DIFC financial district and Dubai International Airport. Dubai International Airport (DXB) is roughly 20 minutes away by car, and Al Maktoum International Airport roughly 40 minutes. Downtown Dubai and The Dubai Mall are walkable from many Business Bay towers or a short drive away.
Metro connectivity and airport drive-time figures are drawn from Royale Stays' own live Business Bay area guide (post_id 48728), not independently re-sourced for Moon Tower specifically this session; no Moon Tower-specific walking distance was confirmed.
Rental & Price Trends
Dubai Land Department transaction records show the most recent sale on file was a 2-bedroom unit of 1,021 sq ft, sold in March 2024 for AED 1,444,140 (about AED 1,415 per sq ft). Earlier recorded transactions span roughly AED 254,000 to 268,000 for studios (554 to 585 sq ft, 2020), AED 460,000 to 1.17 million for one-bedroom units (642 to 835 sq ft, 2019 to 2021) and AED 600,000 to 968,000 for other two-bedroom sales (1,250 to 1,511 sq ft, 2020 to 2023). These are historical sale records rather than current asking prices, and March 2024 is the most recent transaction found on file.
Amenity list is single-sourced to Dubricks.com, live-fetched 2026-09-09; consistent with the standard amenity set for a completed mid-rise Business Bay tower of this era, not independently itemised by a second source. Pricing figures are sourced from Propsearch.ae's live Dubai Land Department transaction-history table for the building, live-fetched 2026-09-09. No current for-sale or for-rent listing prices were sourced this session.
STR Income Potential
As a Business Bay benchmark, Royale Stays' own area guide reports an average nightly rate of AED 766 across the district at 88% occupancy, with 2,200-plus active DTCM-licensed short-term rental listings already operating in the area.
By unit type, the same area guide reports a 1-bedroom averaging AED 473/night (about AED 12,879/month) and a 2-bedroom averaging AED 801/night (about AED 21,874/month), both at 88% occupancy. Canal-facing units in Business Bay typically earn 15 to 25% more per night than equivalent non-canal units in the same building, a premium directly relevant to Moon Tower given its own canal-front plot. Arabia Group Investment Ltd and Ali Khalifa Thani Alhannawi Real Estate Development are private residential developers, not a hotel brand, so there is no confirmed prohibition on short-term letting here. Royale Stays can manage a Moon Tower apartment for a fee starting from 15%, covering the DTCM permit process, pricing, guest communication and maintenance.
Business Bay benchmark figures (average nightly rate, occupancy, per-bedroom breakdown, active listing count, canal-view premium) are taken from Royale Stays' own live Business Bay area guide (post_id 48728), live-fetched 2026-09-09 (HTTP 200, article:modified_time 2026-08-30). These are a district benchmark only and do not reflect any existing Royale Stays-managed unit at Moon Tower. No studio-specific benchmark exists in the area guide, so no studio nightly-rate figure is stated here.
Questions