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Urban Life Residences

Business Bay · Urban Properties Development

Project factsheet

Storeys 20
Units in the building 146
Developer Urban Properties Development
Status Under construction
District Business Bay
Layouts studios, 1 and 2 bedrooms
Handover Q2 2026 — date passed

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.

Ask about this project
Handover payment

A mortgage covers the final instalment

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.

Ask on WhatsApp

Frequently asked about Urban Life Residences

Who is the developer of Urban Life Residences?

Urban Properties Development.

How many floors does Urban Life Residences have?

20. The building has 146 apartments.

When is Urban Life Residences handed over?

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.

In the news

What has been written about the building, its developer and Business Bay

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.

Ask a question

Telegram is the fastest way — I answer personally.

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