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3-bedroom apartments for rent in Business Bay: what tenants really pay
A 3-bed in Business Bay rents for AED 190,000 a year (AED 15,833 a month). This is the median of 655 new Ejari leases signed 16 Oct 2025–15 Oct 2026. Half signed between AED 163,032 and AED 230,000. Renewing tenants pay AED 165,000. Adverts ask AED 224,999.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“For a 3-bed in Business Bay, start at AED 163,032 and do not go above AED 190,000 unless the unit is special. Merano Tower is where the value is.”
Know the rent before you sign
What the last tenants here really paid, and the buildings where your money goes furthest.
3-bed rent in Business Bay: the numbers
| AED a year | Leases | |
|---|---|---|
| New lease, median | AED 190,000 | 655 |
| Middle half of new leases | AED 163,032–230,000 | |
| Renewal, median | AED 165,000 | 863 |
| Asking (adverts 16 Oct 2026) | AED 224,999 | 643 |
| Size, median | 1,967 sq ft | |
| Per sq ft, new leases | AED 97 | |
| Dubai median, 3-bed | AED 150,000 | 12,600 |
Finding
A new 3-bed lease in Business Bay fell 5% on the year, like for like.
Median new 3-bed lease, 12 months to 15 Oct 2026, Business Bay
- Like for like compares the same building, bedrooms and size band in the 12 months to 15 Oct 2026 and the 12 months before.
- The median new lease is AED 190,000 now.
- Months with fewer than 10 leases are left out of the chart.
Finding
The cheapest 3-bed building in Business Bay is Merano Tower at AED 137,500.
Median new 3-bed lease by building, cheapest 10
Every building with 10 or more new 3-bed leases is in the table. The dearest is Peninsula Five at AED 315,000.
Finding
Business Bay 3-bed adverts ask 16% more per sq ft than new tenants signed.
Asking rent per sq ft against signed rent per sq ft
643 3-bed adverts on 16 Oct 2026 ask a median AED 113 a sq ft. New leases signed for AED 97. Offer at the signed figure, not the asking one. Negotiation calculator →
Finding
A new 3-bed tenant in Business Bay pays 5% more than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
Median new lease AED 190,000 (655 leases); renewal AED 165,000 (863). The percentage compares the same homes; the two medians mix buildings. Renew or move →
3-bedroom apartments in Business Bay, building by building
AED a year, medians of Ejari leases 16 Oct 2025–15 Oct 2026. Size and per sq ft cover all leases. For rent now: adverts on 16 Oct 2026 matched by building name (approximate).
| Building | New lease | Renewal | Size sq ft | AED / sq ft | Leases | For rent now |
|---|---|---|---|---|---|---|
| Merano Tower | 137,500 | – | 1,455 | 97 | 12 | 2 |
| Elite Business Bay Residence | 160,000 | – | 2,189 | 79 | 25 | 7 |
| Damac Towers By Paramount | 180,000 | 192,500 | 1,747 | 97 | 91 | 1 |
| Al Habtoor City | 220,000 | 206,000 | 1,969 | 101 | 149 | – |
| Paramount Tower Hotel & Residences | 225,000 | 205,000 | 1,644 | 128 | 35 | 19 |
| Urban Oasis | 260,000 | – | 1,893 | 163 | 19 | 23 |
| Peninsula Four | 300,000 | – | 1,932 | 155 | 13 | 29 |
| Peninsula Five | 315,000 | – | 1,797 | 166 | 31 | 11 |
3-bedroom apartments at a similar rent elsewhere
| Area | New lease | Size sq ft | Leases |
|---|---|---|---|
| Meydan Business Park | 185,000 | 2,137 | 55 |
| Meydan One | 184,848 | 1,612 | 433 |
| Al Khail Heights | 177,238 | 2,566 | 34 |
| Jumeirah Lake Towers (JLT) | 175,144 | 2,129 | 274 |
| The Greens | 207,500 | 1,784 | 174 |
| Motor City | 170,000 | 2,357 | 81 |
| Al Kheeran | 211,500 | 2,503 | 48 |
| DAMAC Hills | 165,000 | 2,019 | 43 |
Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →
Questions
How much is a 3 bedroom in Business Bay?
A 3-bed in Business Bay rents for AED 190,000 a year (AED 15,833 a month). This is the median of 655 new Ejari leases signed 16 Oct 2025–15 Oct 2026. Half signed between AED 163,032 and AED 230,000. Renewing tenants pay AED 165,000. Adverts ask AED 224,999.
What is the monthly rent of a 3 bedroom in Business Bay?
About AED 15,833 a month, from a median new lease of AED 190,000 a year (655 new Ejari leases, 16 Oct 2025–15 Oct 2026).
How big is a 3 bedroom in Business Bay?
The median new 3-bed lease in Business Bay is for 1,967 sq ft.
Is Business Bay expensive for a 3 bedroom?
A new 3-bed lease in Business Bay is 27% above the Dubai median of AED 150,000.
Which is the cheapest 3 bedroom building in Business Bay?
Merano Tower: median new 3-bed lease AED 137,500 (12 leases). Next: Elite Business Bay Residence AED 160,000, Damac Towers By Paramount AED 180,000, Al Habtoor City AED 220,000.
Where is a 3 bedroom cheaper than Business Bay?
Close in price and cheaper: Meydan Business Park AED 185,000, Meydan One AED 184,848, Al Khail Heights AED 177,238, Jumeirah Lake Towers (JLT) AED 175,144.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.