Business Bay · Dubai Properties Group
40-storey residential building in Business Bay. Developer — Dubai Properties Group.
Specifications for Marasi Riverside per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Marasi Riverside is a 40-storey residential building in Business Bay.
The developer is Dubai Properties Group.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
A 40-storey project by Dubai Properties listed as cancelled. We're keeping the page deliberately: lots still turn up in stock under this name, and buyers need to know the status.
Marasi Riverside is a project by Dubai Properties Group, 40 storeys, along the Marasi waterfront in Business Bay. Its status on the propsearch factsheet is "Planned (Cancelled)" — announced, then cancelled.
Our stock nonetheless has a listing under this name: around 1,516 ft².
The gap between the status and a live listing isn't a database error — it's a common resale-market situation: a project's name keeps circulating in listings after the project itself has been halted or renamed.
District benchmarks are the only thing you can check an unconfirmed-status project's offer against.
| 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.
First and most important: verify the status with the Land Department (Dubai's government authority that registers property sales and tracks project status) yourself, not from the listing. A cancelled project and a renamed project are different things with different consequences, and the name alone won't tell them apart.
Second: find out exactly what's being sold. Under the old name could be a lot in a different, already re-registered project on the same plot; it could be an assignment of a contract on a halted construction; or it could simply be an outdated listing.
Third: Dubai has a mechanism for refunds through escrow (funds held by a regulator-approved trustee until construction milestones are met) and a dedicated committee for halted projects. If it's a contract on a frozen construction, that's a matter for a lawyer, not a broker.
Business Bay in our database: 368 lots, median AED 3.58 million (~$970K) at an average AED 3,585/ft² (~$975/ft²). The offer here sits noticeably below those figures for a project with an unclear status — reason enough on its own to pause.
propsearch factsheet: 40 storeys, developer Dubai Properties Group, status "Planned (Cancelled)". Our own stock as of 28 August 2026: 1 lot under this name, price-per-square-foot calculation across district projects, median and average for Business Bay.
Listings for Marasi Riverside do not turn up every day. Message me — I will check the closed bases and suggest similar options nearby, in Business Bay.
Ask about this projectDubai Properties Group.
40.
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.
There are no open listings for this building in the database right now. I will check the price for a particular layout against the closed databases and send it with the deal costs worked out.
Swimming pool, Children's area, Shops, Restaurants, Park and landscaping. The list comes from the project description and covers the whole complex.
What has been written about the building, its developer and Business Bay
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.
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 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.
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.
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 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.
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.
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%.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
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