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North Bay rent: what tenants really pay

Rent in North Bay, Business Bay: 1-bed AED 78,000 (renewal), 2-bed AED 120,000 a year. These are medians of 106 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 90, against AED 96 across Business Bay.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“North Bay: value at AED 90 a sq ft against the Business Bay median of 96. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about North Bay

  1. Per sq ft, a 2-bed here costs 6% less than the Business Bay median: AED 90 against AED 96. It is number 13 of 55 Business Bay buildings, cheapest first.
  2. Homes here are smaller than usual. The median 2-bed here is 1,269 sq ft. That is 6% below the Business Bay median of 1,356 sq ft.
  3. New 2-bed tenants pay AED 120,000, renewing tenants AED 112,000. For the same home, renewing is cheaper than moving in: a new tenant pays 7% more.
  4. 18 leases end in the next 60 days, so more homes may become available soon.

Rent in North Bay by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
1-bed–78,000–8149748
2-bed120,000112,000–1,2699052

Where North Bay is, and the buildings around it

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

A new 2-bed tenant in North Bay pays 7% more than a renewing one for the same home.

New lease against renewal: same building, same bedrooms, size within 15%

For a 2-bed in this building, renewing is cheaper than moving in. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →

Supply

18 leases in North Bay end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other Business Bay buildings, 2-bed

BuildingNew leaseSize sq ftAED / sq ftLeases
Ag Tower120,0001,5007524
Windsor Manor120,0001,64767126
Churchill Tower120,0001,4728695
Capital Bay A120,0001,3618825
Majestine122,5001,2479632
Eni Coral Tower125,0001,44076127
Capital Bay B115,0001,3758722
Luxury Family Residence II126,50080216011

Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →

Questions

How much is rent in North Bay?

Rent in North Bay, Business Bay: 1-bed AED 78,000 (renewal), 2-bed AED 120,000 a year. These are medians of 106 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 90, against AED 96 across Business Bay.

How much is a 2 bedroom in North Bay?

The median rent for a new 2-bed lease in North Bay is AED 120,000 a year (AED 10,000 a month). The median size is 1,269 sq ft. This is from 11 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in North Bay?

For a 2-bed, new tenants pay a median AED 120,000 and renewing tenants AED 112,000. For the same home, a new tenant pays 7% more.

What are the alternatives to North Bay in Business Bay?

Similar rent for a 2-bed: Ag Tower AED 120,000, Windsor Manor AED 120,000, Churchill Tower AED 120,000, Capital Bay A AED 120,000.

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.

This building. Leases are matched by the Ejari project name "NORTH BAY". 106 leases 16 Oct 2025–15 Oct 2026, 21 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building. Position from OpenStreetMap.

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.

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