Business Bay · Ellington Properties Development
20-storey residential building in Business Bay. Developer — Ellington Properties Development. Architect — LACASA Architects & Engineering Consultants.
Specifications for The Quayside per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Quayside is a 20-storey residential building in Business Bay, currently under construction.
The developer is Ellington Properties Development. The architecture is by LACASA Architects & Engineering Consultants.
The building holds 119 apartments in total.
The database currently holds 8 lots in this project, from 1 399 000 AED; 4 of them priced below the market, the deepest discount 11%.
A 20-storey Ellington building in Business Bay with 119 residences, under construction. Eleven lots in our own stock — from AED 1.4 to 4.5 million (~$380K–1.23M) against a district median of AED 3.5 million (~$950K).
Quayside is a residential building in Business Bay by Ellington Properties Development, engineered by LACASA Architects & Engineering Consultants. 20 storeys, 119 residences, under construction. The factsheet does not list any amenities.
119 apartments over twenty storeys works out to around six units per floor. For Business Bay, where towers with twenty apartments per floor exist, that's a very large unit mix: big layouts, few neighbours.
Ellington is a developer with a recognisable signature: compact projects rather than thousand-apartment towers, with an emphasis on architecture and finishes. Its Crestmark is also under construction in Business Bay, and both buildings work in the same segment.
Eleven listings in our own stock is nearly one apartment in ten in the building. For a project still under construction, a resale share like this suggests a significant number of buyers entered at launch with an investment goal and are exiting before handover.
For a buyer, that gives a rare opportunity: compare eleven listings within one building and see exactly what's being paid extra for. A range of AED 1.4–4.5 million across 119 apartments means floor and area move the price threefold here.
At the same time, it's a reason to find out why sellers are exiting. With eleven of them, getting an answer is simple: ask each one about the handover date and compare what they say.
Business Bay in our database — 371 lots, a median of AED 3.5 million, around AED 4,900 per square foot: the most expensive price per square foot among mass-market districts and the deepest market in the city.
What this gives an owner: year-round rental demand from people who work nearby, and a fast exit when selling. What it takes in return: density, traffic, and a price per square foot as high as the mass-market segment gets.
propsearch factsheet (storeys, residence count, developer, engineer, status) and our own stock as of 27 August 2026 (eleven lots in the building, the median and price per square foot for Business Bay).
The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppEllington Properties Development. The architecture is by LACASA Architects & Engineering Consultants.
20. The building has 119 apartments.
Quayside is still being built. The handover date of a given unit I verify against its contract before the deal.
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.
The database currently holds 8 lots in this project, from 1 399 000 AED; 4 of them priced below the market, the deepest discount 11%. Prices move every day, so it is worth asking for the current list for this building.
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 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.
Telegram is the fastest way — I answer personally.
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