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Business Bay canal and Burj Khalifa in late-afternoon light

Short-let investing in Downtown & Business Bay: the real numbers

Hillal Medini · June 10, 2026 · Medini Homes portfolio data

Updated on · observed data June 2025 to June 2026

Business Bay canal and Burj Khalifa in late-afternoon light

In short

  • Our managed units in Downtown and Business Bay: 1-bedrooms run at 80% occupancy, median AED 129,000 gross a year.
  • Real ranges: studio AED 92,000 to 118,000, 1-bedroom AED 117,000 to 135,000, 2-bedroom AED 176,000 to 254,000.
  • Method: gross revenue before management commission, P25 to P75 of managed units with at least 180 active nights, source Hostaway.

The real ranges from our managed units in Downtown Dubai and Business Bay, over 12 months.

129,000AED · 1-BR median / year
80%Occupancy, 1-bedroom
221,000AED · 2-BR median / year

The numbers, type by type

Downtown · Business Bay: gross annual revenue, trailing 12 months
Unit typeAnnual rangeMedianOccupancy
Studio AED 92,000–118,000 AED 102,000 69%
1 bedroom AED 117,000–135,000 AED 129,000 80%
2 bedrooms AED 176,000–254,000 AED 221,000 76%
Methodology Gross revenue, cleaning fees included, before commission and owner charges. Trailing 12 months (June 2025 – June 2026), range = P25–P75 of our managed units with at least 180 active nights, confirmed bookings, source Hostaway.

See the Dubai STR Report 2026

What these numbers tell you

Downtown is Dubai's tourist heart (Burj Khalifa, Dubai Mall, fountains, Opera). Business Bay extends it along the canal, more corporate, a notch cheaper to buy. Nights here are our most expensive, and stays are short.

The sweet spot: the 1-bedroom, 80% occupancy, the best in the district, median AED 129,000, booked all year by city-break couples and business travellers. Studios cap at 69% against hotels: only flawless ones (view, floor, furniture, photos) stand out.

2-bedrooms show the widest range in our portfolio, a +44% gap from bottom to top. Burj Khalifa or fountain view, floor, iconic building: here, the choice of unit at purchase weighs most.

Terrace of an apartment managed by Medini Homes at Act One | Act Two, Downtown Dubai, facing the Burj Khalifa
Terrace of an apartment managed by Medini Homes, Act One | Act Two, Downtown Dubai

A smaller sample than in JVC / Studio City, so more sensitive to each unit. Real, confirmed numbers, refined in an individual projection.

Frequently asked questions

How much does an apartment earn on Airbnb in Downtown Dubai?

Across our portfolio, over 12 months: studio AED 92,000–118,000 gross (median 102,000), 1-bedroom AED 117,000–135,000 (median 129,000), 2-bedroom AED 176,000–254,000 (median 221,000). Gross revenue, cleaning fees included, before management commission and charges.

Why is the 2-bedroom range so wide?

+44% from bottom to top: in Downtown, the view (Burj Khalifa, fountains, canal), the floor and the building's standing create huge nightly-rate gaps between two units of the same size. The choice of unit at purchase is decisive.

What occupancy in Downtown and Business Bay?

Across our portfolio: 69% for studios, 80% for 1-bedrooms (the area's sweet spot) and 76% for 2-bedrooms, over the trailing 12 months.

Is a Downtown studio worth it versus JVC?

Median AED 102,000 in Downtown versus AED 86,000 in JVC / Studio City, but a much higher purchase price and lower occupancy (69% versus 78%). On return on capital, JVC often wins; on absolute income and capital appreciation potential, Downtown keeps the edge.

Do these figures include expenses?

No. These are gross revenues, cleaning fees included, before management commission, platform commissions, DEWA, cooling, service charge and tourist dirham. Expect an owner net of roughly 45–50% of gross. The line-by-line breakdown is in our article on Dubai short-let apartment returns.

And your unit, precisely?

These are area medians. Your building, floor and view deserve a unit-level projection.

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