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Business Bay

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Business Bay

Business Bay (Arabic: الخليج التجاري: Al-Khaleej Al-Tijari) is a central business district under construction in Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended, and located immediately south of Downtown Dubai. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments. The infrastructure of Business Bay has been completed in 2008, and the entire development was expected to be completed between 2012 and 2015.

Business Bay is part of the vision of Sheikh Mohammed Bin Rashed Al Maktoum, UAE Vice President, Prime Minister, Minister of Defence, and Ruler of Dubai. Business Bay will be a new 'city' within the city of Dubai and is being built as a commercial, residential and business cluster along a new extension of Dubai Creek extending from Ras Al Khor to Sheikh Zayed Road. Covering an area of 64,000,000 square feet (5,900,000 m2), it is composed of office and residential towers set in landscaped gardens with a network of roads, pathways and canals.

The entire development covers an area of 46,900,000 sq ft (4,360,000 m2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m2). The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000. Commercial development will comprise 2,653,244 sq ft (246,494.4 m2), which is 18.5 percent of the entire development; mixed use development will comprise 8,520,368 square feet (791,568.1 m2) (59.4 percent); and residential development will cover 3,163,628 sq ft (293,910.7 m2) (22.1 percent). Business Bay will cost AED 110 billion (US$30 billion).

Bay Square is a single-use community within Business Bay. The entire development will be a pedestrian-only zone, and will include walkways over canals. It will cover over 2,400,000 square feet (220,000 m2) and will be located 1 km (0.62 mi) away from Sheikh Zayed Road within Business Bay. When completed it will comprise canals, sidewalks, restaurants, cafes and retail stores. It will have 1,600,000 sq ft (150,000 m2) of office space; Bay Square will host numerous small and medium-sized enterprises. When Bay Square completes there will be approximately 575 offices with an average size of 2,000 sq ft (190 m2). Bay Square was expected to be completed in 2010. It will comprise the following buildings:

The Executive Towers at Business Bay consist of 12 towers, which includes residential, commercial and office towers. These are the first buildings to be completed in Business Bay and are located near its entrance. A three-storey podium connects all the towers in addition to the nearby Vision Tower, which is going to be connected by a special passage.

Escape Tower is adjacent to the Business Bay Metro Station Land Side. It consists of residential apartments with a total of 40 floors above the ground. The building is accompanied with a gym and a swimming pool. A designated parking building is close the Tower and is inter connected with each other by a walking bridge.[citation needed]

Upside Living By SRG is a high-end residential development located in the heart of Business Bay, one of the most sought-after business and residential areas of Dubai. This project offers luxury apartments with views of Dubai Canal and Dubai skyline. The apartments are available in a range of configurations, including studio, one, two, and three-bedroom units. Another luxury project has landed in the city with MAG and it's brand 'Keturah' which has taken the form of a high-rise, with apartment spaces ranging from 600 square feet to 2,200 square feet.

Bay Avenue is an arena of two levels of indoor and outdoor retail space. It will have cafes, restaurants, boutiques, showrooms, plazas, children's play areas and sporting facilities. However, nearly two years after completion, the first couple of shops are only nearing completion.[citation needed]

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