Ahad Real Estate Development: getting a mortgage as a non-resident
A developer with a completed Business Bay tower. Finished property can be mortgaged, off-plan mostly cannot — and the terms available to a non-resident are their own subject.
AHAD Residences
Business Bay · Ahad Real Estate Development
Project factsheet
Storeys 31
Developer Ahad Real Estate Development
Status Completed
Completed 2023
District Business Bay
About the building
31-storey residential building in Business Bay, completed in 2023. Developer — Ahad Real Estate Development. Architect — VX Architects.
Specifications for Ahad Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
AHAD Residences is a 31-storey residential building in Business Bay, completed in 2023.
The developer is Ahad Real Estate Development. The architecture is by VX Architects.
The database currently holds 1 lot in this project, from 2 180 000 AED; 1 of them priced below the market, the deepest discount 7%.
Thirty-one storeys by Ahad Real Estate in Business Bay, handed over in 2023. Our own stock carries a lot at AED 2.18 million (~$590K).
What it is
Ahad Residences is a residential tower by Ahad Real Estate Development, 31 storeys in Business Bay, handed over in 2023. The factsheet does not give the unit count.
Our own stock carries a unit at AED 2.18 million; the area is not given, so we do not quote a price per square foot.
Ahad is a small developer, and this is its only project in our database.
Price per square foot by Business Bay project
District benchmarks: the price per square foot spans a factor of 4.4 here, from 1,844 to 8,082.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Lumena Alta | 8082 | 6 | 2578 ft² |
| Bugatti Residences | 7945 | 6 | 6415 ft² |
| Vela by Omniyat | 6213 | 3 | 6321 ft² |
| Burj Binghatti Jacob & Co | 5865 | 38 | 1924 ft² |
| Jumeirah Living Business Bay | 4926 | 9 | 3330 ft² |
| Peninsula Two | 3058 | 4 | 412 ft² |
| Mama Shelter | 3030 | 4 | 578 ft² |
| J One | 3029 | 4 | 2174 ft² |
| Al Habtoor City | 2967 | 8 | 1696 ft² |
| Trillionaire Residences | 2890 | 5 | 913 ft² |
| Peninsula Four B | 2819 | 4 | 612 ft² |
| Peninsula | 2817 | 9 | 1292 ft² |
| The Crestmark | 2770 | 5 | 1229 ft² |
| The Sterling | 2754 | 3 | 1479 ft² |
| Quayside | 2651 | 6 | 1070 ft² |
| Canal Crown | 2559 | 3 | 718 ft² |
| Binghatti Aquarise | 2540 | 3 | 955 ft² |
| Chic Tower | 2396 | 3 | 899 ft² |
| Aykon City | 2215 | 5 | 1313 ft² |
| Executive Towers | 1856 | 4 | 2158 ft² |
| Nobles Residential Tower | 1844 | 3 | 1265 ft² |
Our own stock as of 28 August 2026: 368 lots across the district, median AED 3.58 million, average AED 3,585/ft². Projects with three or more lots and a known area only — 123 lots with an area contradicting the bedroom count were excluded from the calculation.
What to check with a one-project developer
Business Bay in our database: 368 lots, median AED 3.58 million, average AED 3,585/ft².
A company with a single completed building has no track record to judge quality by. But the building itself already stands, and you can go and see it — that is more reliable than any reputation — much as international buyers judge boutique, single-project developers in markets like Lisbon or Miami by the finished building rather than by a track record that doesn't yet exist.
Look at common areas, the lifts, the finish quality in shared spaces, and how the management company is performing three years after handover.
And always ask for the owners' association minutes: in new buildings from small developers, that is where unfinished work usually surfaces.
What the building offers
Residents get a panoramic pool overlooking the city, a gym, a sauna and steam rooms, a lounge with co-working space, parking and 24/7 security.
One layout detail stands out: a proper entrance hall with built-in wardrobes, which is unusual in Dubai, where most new buildings open straight into the living room. One-bedroom units here come with two bathrooms.
propsearch factsheet: 31 storeys, developer Ahad Real Estate Development, handover 2023. Our own stock as of 28 August 2026: the project lot (price), the district comparison table, and the Business Bay median and average. Amenities and layout features — project materials, March 2025.
Where it is
Lots in this project — 1
Frequently asked about AHAD Residences
Who is the developer of AHAD Residences?
Ahad Real Estate Development. The architecture is by VX Architects.
How many floors does AHAD Residences have?
31.
Has AHAD Residences been handed over?
Yes, the building was handed over in 2023. This is ready housing: you can move in or let it out right after the deal.
Where is AHAD Residences?
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
How much does an apartment in AHAD Residences cost?
The database currently holds 1 lot in this project, from 2 180 000 AED; 1 of them priced below the market, the deepest discount 7%. Prices in the base are live and update every day; ask for the current list for the building before deciding.
In the news
What has been written about the building, its developer and Business Bay
Business Bay overtakes Palm Jumeirah in prime deals in August 2026, even as Dubai's wider market cools
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Dubai skyscrapers: Corinthia Dubai above 500 metres and Al Habtoor’s AED 5bn tower in Al Habtoor City
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Omniyat's Marasi Bay island: a beach club by the Burj Khalifa and a fully funded $11.7bn portfolio
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
Business Bay apartments: Deyaar’s DWTN Residences — 445-metre twin towers planned around Maslow’s pyramid
Deyaar is building DWTN (Downtown) Residences in Business Bay: twin 445 m, 111-storey towers with 522 homes — 432 apartments, 76 duplexes, 13 penthouses and a “Royal Palace”. From AED 1.86m with half due at keys. Construction began in January 2026; completion is quoted for 2029–2030.
Binghatti developer: an AED 100bn portfolio, Bugatti, Mercedes-Benz and Binghatti City — two years of growth
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17 000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Downtown Dubai vs Business Bay: where to live and where to buy to let
Downtown is Dubai's tourist and status core, around AED 2 433/sqft on our own data. Business Bay is the business district next door, home to 17 000+ companies, around AED 1 871/sqft. We compare lifestyle, rental economics and who should pick which.
Star architecture in Dubai: Zaha Hadid, SOM, Squire & Partners — and what an architect's name actually adds to resale value
SOM designed Burj Khalifa and a 74-metre metro station in Creek Harbour that will be the tallest in the world. Zaha Hadid Architects built The Opus and is now building Oystra in Ras Al Khaimah. What separates a real premium from a marketing line.
New Dubai office towers: Immersive Tower in DIFC, Aldar's Sheikh Zayed Road building and Bureau Lamar in Business Bay
Three major office schemes are rising around DIFC and Business Bay: Immersive Tower ($300m, 58 573 sq m, 2027), Aldar's 88 000 sq m tower by Emirates Towers metro (Q4 2027), and an office park with a theatre on Business Bay's largest plot. Vacancy in central clusters sits at 2–5%.
Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
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