Layouts and the handover date come from the sales-launch announcement; the date
of that announcement is shown next to the prices. It is what the developer
claimed at launch, not a registry record — off-plan, phasing and dates get
revised. I will send the current ones over WhatsApp.
About the building
20-storey residential building in Business Bay, currently under construction. Developer — Urban Properties Development.
Specifications for Urban Life Residences as published by the developer — the project is under construction, so there is no Land Department record yet.
They describe the whole building, not the individual unit.
About the project
Urban Life Residences is a 20-storey residential building in Business Bay, the announced handover date, Q2 2026, has already passed.
The developer is Urban Properties Development.
The building holds 146 apartments in total. Layouts, according to the sales-launch announcement — studios, 1 and 2 bedrooms.
There is not a single lot in this project in the database right now — it is refreshed every night, and listings here appear and go.
A twenty-storey building by Urban Properties Development in Business Bay with 146 apartments — studios, one- and two-bedroom — handover stated for Q2 2026.
What kind of building this is
Urban Life Residences is a freehold project (foreign nationals can own it outright, not just lease it) worth around AED 300 million (~$81.7M) in Business Bay. Twenty storeys, 146 apartments: studios, one-bedroom and two-bedroom. The developer is Urban Properties Development, part of the JAMS group; construction is handled by the group's own contractor, Jams Contracting.
Vertical integration — developer and contractor inside the same group — isn't common in Dubai and usually means a more predictable schedule, but also the absence of the independent quality check an outside contractor provides.
Ceiling height is stated at 2.8 metres. Amenities are spread across three floors: a games room, a cinema room, three pools (including on the sixth and eleventh floors), a park and gardens, a business centre, and separate gyms for men and women. Nearby, Dubai Municipality is building a 25,000 sq m park.
What launch pricing looked like
The January 2024 price list ran by layout series. Studios — from AED 884,000 (~$240K) (series 08) to AED 1.233 million (~$340K) (series 11). One-bedrooms — from AED 1.495 million (series 07) to AED 2.467 million (series 05). Two-bedrooms — from AED 2.735 million (series 01) to AED 3.019 million (series 06).
The spread within a single unit type runs as high as 65% — that's the building's defining feature: "a studio in Urban Life" without a series number means nothing. The service charge (the annual per-square-foot fee for building upkeep) at launch was quoted at AED 18–21 per square foot.
Amenity mix, ceiling height, service charge and contractor — developer materials, January 2024. Pricing by layout series — developer materials for the sales launch, January 2024. Storeys, unit count, project value and developer — public launch announcements (Urban Properties Development, Business Bay).
Where it is
The pin is placed by district — I send the exact address on request.
Nothing in the stock for this project right now
Listings for Urban Life Residences do not turn up every day. Message me — I will check the closed bases and suggest similar options nearby, in 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.
Up to 80% of the appraised value, no extra down payment
3.99% fixed for three years, up to 25 years in term
6–12 months before the keys — the bank wants six months of income history
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.
The sales-launch announcement says Q2 2026. That date has already passed and the developer has published no update: whether it was handed over or is running late, I check on site before the deal.
What layouts are there in Urban Life Residences?
Studios, 1-bedroom and 2-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Urban Life 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 Urban Life Residences cost?
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.
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.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.