Quick Facts
| Developer | Mismak Properties |
|---|---|
| Type | Commercial |
| Community | Business Bay |
| District | Business Bay |
| Emirate | Dubai |
| Floors above ground | 24 |
| Total units | 200 |
| Year completed | 2012 |
| Construction status | Completed |
| Ownership | Freehold |
| Nearest metro | Business Bay Metro Station |
Key takeaways
- 24 floors define Opal Tower Business Bay’s commercial structure.
- 2012 completion is listed in Bayut’s building guide.
- Mismak Properties is named as Opal Tower’s developer.
- 200 offices and shops are reported by Bayut.
- AED 1,842/sqft office transaction average appears on Bayut.
- AED 10.08/sqft office service charge appears on fäm.
Opal Tower Business Bay: What You Need to Know
Opal Tower Business Bay is a completed commercial office building in Business Bay, Dubai, and should not be confused with Opal Tower in Dubai Marina. Bayut identifies the Business Bay tower as a 24-storey commercial building developed by Mismak Properties and completed in 2012, with 200 offices and shops. The project is a single building because it has a fixed tower structure, defined commercial inventory and a specific Business Bay location. For schema purposes, it should be treated as an OfficeBuilding rather than a Residence because its public building guide describes offices and retail shops, not residential apartments. The tower appeals to small and mid-sized companies seeking a Business Bay address with freehold ownership, office leasing options, building amenities and access to the wider Downtown and Sheikh Zayed Road business corridor. Investors should analyse fitted versus shell-and-core condition, office size, parking, service charges and DED licensing suitability before comparing Opal Tower with other Business Bay commercial towers. For publication, PropertyWiki should continue to refresh this section against live DLD transactions, current listings, RERA records and building-management confirmations, because Dubai pricing, availability and operating costs can change between monthly market updates.
Location and Connectivity
Opal Tower Business Bay is located in Business Bay, one of Dubai’s central mixed-use districts between Downtown Dubai, Dubai Water Canal, Sheikh Zayed Road and Ras Al Khor Road. Business Bay is a commercial hub with office towers, hotels, residential buildings, restaurants and canal-side destinations, which makes it attractive for consultancies, trading firms, professional services, technology companies and agencies. Bayut notes that Business Bay Metro Station is about a six-minute drive from Opal Tower and is connected to the Red Line. The building also benefits from road access to Sheikh Zayed Road, Al Khail Road, Marasi Drive, Al Asayel Street and Downtown Dubai. For office tenants, the main location advantage is client access and proximity to Downtown without DIFC-level office pricing. The main trade-off is traffic and parking pressure during peak hours, especially around central Business Bay roads, so companies should check parking allocation and visitor access before committing. For publication, PropertyWiki should continue to refresh this section against live DLD transactions, current listings, RERA records and building-management confirmations, because Dubai pricing, availability and operating costs can change between monthly market updates.
Office and Retail Unit Types
Opal Tower Business Bay is a commercial building with offices and shops rather than residential apartments. Bayut describes the inventory as 200 offices and shops, with office layouts available as fully fitted, virtual offices, shared offices and shell-and-core units. Fully fitted offices are suitable for occupiers wanting faster move-in, while shell-and-core offices require fit-out works and approvals before occupation. Bayut’s guide states that office spaces can range widely, from compact suites to much larger units, although active market supply varies. Retail units are generally more sensitive to visibility, frontage, service access and tenant mix. Buyers and tenants should verify the exact built-up area, usable area, parking allocation, bathroom and pantry provisions, fit-out approvals and DED license suitability. Because the tower is commercial, comparing “unit types” by bedroom does not apply; instead, decisions should be based on office condition, floor level, view, size, partitioning and business use.
Prices and Transaction Trends
Opal Tower Business Bay has an active commercial transaction profile, but pricing varies materially by office condition, floor, view, size and tenancy status. Bayut’s DLD-powered sale transaction page for offices reported 28 office sale transactions over the last 12 months, with an average price of about AED 3.104 million and an average price per square foot of about AED 1,842. Bayut’s office listing page showed current asking prices ranging from about AED 1.924 million to AED 5.5 million, with an average asking price above AED 4.3 million in recent listings. On the leasing side, Bayut’s DLD-powered rent transaction data reported 50 office rental contracts over the last 12 months and an average rental price around AED 297,299, while commercial rent transactions showed an average annual rent per square foot around AED 160. These figures place Opal Tower below some premium Business Bay office stock but above bargain-grade inventory, making fit-out quality and parking allocation important valuation drivers. For publication, PropertyWiki should continue to refresh this section against live DLD transactions, current listings, RERA records and building-management confirmations, because Dubai pricing, availability and operating costs can change between monthly market updates.
> AMBER: Opal Tower Business Bay prices are indicative and vary by office size, fit-out, tenancy, floor and parking. Verify current DLD transactions and live listings with a RERA-registered commercial broker.
Amenities and Building Facilities
Opal Tower Business Bay offers practical commercial-building amenities rather than residential community facilities. Bayut lists ample parking, five high-speed elevators, CCTV-monitored security, maintenance staff, a furnished lobby, swimming pool, steam room, sauna, jacuzzi and a well-maintained gym. The amenity mix is unusually broad for a commercial tower and can help occupiers attract staff or support executive office users. For companies, the most important operational facilities are elevator performance, parking, lobby presentation, maintenance response, security and ease of visitor access. For investors, amenities matter because office tenants compare building quality against service charges and rent per square foot. Occupiers should inspect common areas, lift waiting times, air-conditioning performance, washroom condition, pantry provision and parking layout before signing. Since Business Bay has heavy office footfall, building management and maintenance standards can have a direct impact on tenant retention and resale value.
- Parking
- Five elevators
- CCTV security
- Maintenance staff
- Lobby
- Gym
- Swimming pool
- Steam room
- Sauna
- Jacuzzi
Buying in Opal Tower Business Bay
Buying in Opal Tower Business Bay is a commercial-property decision centred on income, fit-out, occupancy and future leasing demand. Investors should start with DLD transaction comparisons, then adjust for office size, floor level, view, parking ratio, tenant covenant, lease expiry and whether the unit is fitted or shell-and-core. Fully fitted offices can lease more quickly but may require refurbishment if the fit-out is dated. Shell-and-core offices may offer customisation but require fit-out budgets, approvals and vacancy time before income begins. End-user companies should confirm that the unit supports their DED license activity, staff capacity, internet and IT needs, pantry requirements and visitor flow. Buyers should also review service-charge invoices, reserve fund treatment, parking allocations, owners-association minutes and any outstanding arrears. Because Business Bay has many competing office towers, Opal Tower pricing should be benchmarked against similar Grade B and mid-market freehold commercial buildings rather than against residential assets. For publication, PropertyWiki should continue to refresh this section against live DLD transactions, current listings, RERA records and building-management confirmations, because Dubai pricing, availability and operating costs can change between monthly market updates.
Renting Offices in Opal Tower Business Bay
Renting in Opal Tower Business Bay is suitable for companies wanting a central Business Bay address without necessarily paying for prime DIFC or Downtown office space. Tenants can choose between smaller fitted suites, larger offices, shared workspace arrangements and shell-and-core options when available. Bayut’s DLD-powered rental data shows a meaningful number of registered office contracts, which suggests occupier demand and leasing liquidity. Before signing, tenants should inspect fit-out condition, ceiling and flooring quality, air-conditioning, partitions, meeting rooms, pantry, washrooms, access control and parking. Companies should also confirm whether the landlord will support Ejari, DED licensing and any office modifications required for business operations. The average rent figures are useful for benchmarking, but a low headline rent may be less attractive if the fit-out is poor, parking is limited or move-in costs are high. Businesses should compare total occupancy cost, not only rent per square foot. For publication, PropertyWiki should continue to refresh this section against live DLD transactions, current listings, RERA records and building-management confirmations, because Dubai pricing, availability and operating costs can change between monthly market updates.
> AMBER: Office rents shown for Opal Tower Business Bay are indicative. Confirm current registered rents, fit-out condition, parking allocation and licensing suitability before signing.
Service Charge and Ownership Costs
Opal Tower Business Bay service charges are publicly listed by fäm Properties at AED 10.08 per sq ft for offices and commercial units, and AED 13.95 per sq ft for retail, with additional charges shown on the page. Bayut’s building guide also breaks down service-charge components such as services, maintenance, improvement, utilities and management services, showing that operating cost is not a single line item. Buyers should verify the current RERA Service Charge Index, request the latest statement, and confirm whether the unit has arrears before transfer. Commercial owners also need to budget for fit-out maintenance, insurance, cooling, utilities, vacancy, agent fees and possible refurbishment between tenants. For investors, the key metric is net yield after service charges and vacancy risk. A high gross rent can still produce a weaker return if fit-out works, cooling or service costs are underestimated.
> AMBER: Service charge figures shown are public service-charge page values. Verify exact Opal Tower Business Bay rates with the RERA Service Charge Index before purchase.
Business Bay Community Context
Opal Tower Business Bay sits in a dense commercial and mixed-use district that attracts office occupiers, hotel guests, apartment residents and canal-side visitors. Business Bay’s appeal is its centrality: Downtown Dubai, Dubai Mall, DIFC, Sheikh Zayed Road and Dubai Water Canal are all nearby. For staff, the district offers restaurants, cafés, gyms, hotels, supermarkets and transport links, while companies benefit from a recognisable business address and client accessibility. The area is more active and traffic-heavy than suburban office parks, so occupiers should weigh prestige and connectivity against parking and peak-hour congestion. Investors should also monitor Business Bay’s large office supply because competition affects rent growth, tenant incentives and fit-out expectations. Compared with Latifa Tower on Sheikh Zayed Road, Opal Tower offers a Business Bay cluster environment; compared with residential towers such as Ahad Residences, it is purpose-built for commercial use.
Community Data
Wikipedia-style structured snapshot. Verify exact figures with RERA, the Dubai Land Department and the developer before transacting.
| Official name | Opal Tower Business Bay |
|---|---|
| Who can buy | All nationalities, subject to DLD rules |
| RERA registration | Not publicly confirmed — verify with Dubai Land Department |
| Nearest major road | Sheikh Zayed Road (E11) and Al Khail Road (E44) |
| Parking | Ample commercial parking; verify allocation by office |
| Freehold zone | Yes |
| Ejari registered | Yes |
| Typical resident profile | Commercial occupiers, SMEs, consultancies and office investors |
| Service charge (AED/sqft/yr) | Office/commercial: AED 10.08; retail: AED 13.95 |
| Est. gross yield | 9 |
| Price trend | Rising |
| Height (metres) | 123 |
| Architect | Not publicly confirmed — verify with developer |
| Metro line | Red Line |
Amenities
- Gym
- Swimming pool
- Sauna
- Steam room
- Jacuzzi
- Parking
- CCTV security
- Lobby
Notable facts
- 24 floors
- 200 offices and shops
- 2012 completion
- Freehold Business Bay commercial tower
Known issues
- Do not confuse with Opal Tower Dubai Marina
- Fit-out condition materially affects rent
- Parking allocation must be verified
Unit types
- Fully fitted offices
- Shell-and-core offices
- Shared offices
- Virtual offices
- Retail shops
Data confidence: High — Bayut confirms 24 floors, 200 units, Mismak Properties, 2012 completion, freehold status and unit types. fäm confirms service-charge figures. Bayut DLD-powered pages confirm sale and rental averages. Height is reported by secondary commercial guides.
Who It Suits
Good fit
- Commercial occupiers, SMEs, consultancies and office investors
Usually a poor fit
- Buyers who need a fundamentally different product type or location profile.
- Anyone unwilling to verify pricing and service charges live with DLD before transacting.
Pros and Cons
Pros
- 24 floors
- 200 offices and shops
- 2012 completion
- Freehold Business Bay commercial tower
Cons
- Do not confuse with Opal Tower Dubai Marina
- Fit-out condition materially affects rent
- Parking allocation must be verified
Further reading
- https://www.bayut.com/buildings/opal-tower/
- https://www.bayut.com/property-market-analysis/transactions/sale/offices/dubai/business-bay/opal-tower/
- https://www.bayut.com/to-rent/offices/dubai/business-bay/opal-tower/
- https://famproperties.com/service-charges-dubai/business-bay/opal-tower
- https://www.cushwake.ae/en/guides/towers/opal-tower