Urban Life: off-plan project in Business Bay
Urban Life is an off-plan residential apartment project in Business Bay, registered with the Dubai Land Department as project no. 3041 and developed by Urban Properties Development L.L.C. From October 16, 2025 to October 16, 2026, 79 off-plan sales were registered there at a median price of AED 1,963,078 (AED 2,226 per sq ft); 80% of sales fall between AED 1,290,705 and AED 2,969,672.
- 79off-plan sales in 12 months
- AED 1,963,078median sale price
- AED 2,226median price per sq ft
- 16.7%construction progress (DLD)
- June 2026end date in the register
- 147registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 2,226 per sq ft, Urban Life is 18.5% below the median of off-plan sales across the 32 projects tracked in Business Bay (AED 2,733 per sq ft), and 26% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 79 off-plan sales in 12 months, about 7 a month; number 14 by sales in Business Bay over the period.
- Construction: 16.7% complete in the DLD register, construction is at an early stage; planned end June 2026.
- Profile: the best-selling type (apartment · 1 bedroom) makes up 54.4% of sales, alongside 2 other types.
Urban Life: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3041 |
| Registered developer | Urban Properties Development L.L.C (developer no. 1633) |
| Master developer | Business Bay (L.L.C) |
| Community (master project) | Business Bay |
| DLD area | Business Bay |
| Register status | active |
| Construction progress | 16.7% |
| Project start | January 8, 2024 |
| Planned end | June 15, 2026 |
| Registered units | 147 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Urban Life off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 1,275,440.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 16 | AED 1,275,440 | 946,744 – 1,378,407 | 43 m² (463 sq ft) | AED 2,656 |
| Apartment · 1 bedroom | 43 | AED 1,939,589 | 1,717,675 – 2,209,599 | 81 m² (872 sq ft) | AED 2,253 |
| Apartment · 2 bedrooms | 20 | AED 2,902,294 | 2,669,544 – 3,045,076 | 155 m² (1,668 sq ft) | AED 1,745 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 1 bedroom: 54.4% of off-plan sales, with a median size of 81 m² (71 to 102 m² for 80% of them).
- Apartment · 1 bedroom: 54.4% (43 sales)
- Apartment · 2 bedrooms: 25.3% (20 sales)
- Apartment · Studio: 20.3% (16 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Urban Life off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,247 in Q1 2025 to AED 2,276 in Q3 2026 (+1.3%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q4 2024 | 3 | AED 2,215 | — |
| Q1 2025 | 5 | AED 2,247 | — |
| Q2 2025 | 8 | AED 2,056 | -8.5% |
| Q3 2025 | 18 | AED 2,109 | +2.6% |
| Q4 2025 | 16 | AED 2,080 | -1.4% |
| Q1 2026 | 31 | AED 2,222 | +6.8% |
| Q2 2026 | 19 | AED 2,316 | +4.2% |
| Q3 2026 | 12 | AED 2,276 | -1.7% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Business Bay
To gauge the rental market around Urban Life: annual rents of Ejari contracts registered in Business Bay over the last 12 months (15,361 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 4,331 | AED 65,000 | 55,000 – 77,000 |
| Apartment · 1 bedroom | 7,008 | AED 85,000 | 75,000 – 105,000 |
| Apartment · 2 bedrooms | 3,186 | AED 129,640 | 110,000 – 150,000 |
| Apartment · 3 bedrooms | 749 | AED 189,000 | 160,000 – 220,000 |
| Apartment · 4 bedrooms | 82 | AED 300,000 | 193,812 – 375,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Urban Life?
Urban Life is in Business Bay, Dubai.
- Nearest metro station: Business Bay Metro Station
- Nearest shopping mall: Dubai Mall
- Nearest landmark: Downtown Dubai
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Business Bay
- All DLD sales at Urban Life (new and resale)
- Business Bay property prices
- Business Bay rents
- All Urban Properties Development L.L.C projects
Other off-plan projects in Business Bay
- Binghatti Aquarise — AED 2,624/sq ft
- Downtown Residences — AED 2,769/sq ft
- Binghatti Skyrise — AED 2,888/sq ft
- Al Habtoor Tower — AED 2,733/sq ft
- One by Binghatti — AED 2,938/sq ft
- Tiger Sky Tower — AED 2,388/sq ft
- Binghatti Skyhall — AED 2,407/sq ft
- Peninsula Four — AED 2,530/sq ft
Same budget elsewhere in Dubai (around AED 1,963,078)
- The Highbury, Sobha Hartland — AED 1,950,888
- Boulevard Park 2, Wasl Gate — AED 1,977,000
- The Caden By Prescott, Bukadra — AED 1,948,460
- Binghatti Skyblade, Downtown Dubai — AED 1,977,499
- Creek Haven, Dubai Creek Harbour — AED 1,982,888
- West 5 Residences, Jumeirah Garden City — AED 1,933,402
Projects presented by Cevitas
Our Business Bay guides
Frequently asked questions
How much does a home at Urban Life cost?
Over the last 12 months, the 79 off-plan sales registered with the DLD show a median price of AED 1,963,078, or AED 2,226 per sq ft; 80% fall between AED 1,290,705 and AED 2,969,672. The developer's current prices are on its price list.
When will Urban Life be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 16.7% complete, with a planned end date of June 15, 2026. The handover date is confirmed by the developer.
Who is the developer of Urban Life?
The DLD register lists Urban Properties Development L.L.C (developer no. 1633), in a community developed by Business Bay (L.L.C).
What unit types are sold at Urban Life?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (43), apartment · 2 bedrooms (20), apartment · studio (16). Best-selling type: apartment · 1 bedroom, at a median AED 1,939,589 for 81 m².
Has the price per sq ft at Urban Life changed?
The median off-plan price moved from AED 2,247 per sq ft in Q1 2025 to AED 2,276 in Q3 2026, based on DLD-registered sales.
How do I get the Urban Life price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.