Business Bay · Ginco Properties
21-storey residential building in Business Bay. Developer — Ginco Properties. Architect — Datum Engineering Consultants.
Specifications for VYB per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
VYB is a 21-storey residential building in Business Bay, currently under construction.
The developer is Ginco Properties. The architecture is by Datum Engineering Consultants.
The building holds 166 apartments in total.
The database currently holds 3 lots in this project, from 1 200 000 AED; 3 of them priced below the market, the deepest discount 14%.
Twenty-one storeys and 166 residences by Ginco Properties in Business Bay, under construction. Two listings in our stock.
VYB is a residential complex by Ginco Properties, 21 storeys and 166 residences, in Business Bay. Status: under construction.
166 apartments across 21 storeys — about eight per floor. A mid-size format: not a studio tower, not a boutique building.
Our stock has two listings for this project.
When a building has few lots of its own, the only way to gauge the offer is to compare it against the district.
| 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.
Ginco Properties isn't among Dubai's top-tier developers, and that changes the order of due diligence when buying off-plan (buying before construction is complete).
With a major developer, reputation acts as insurance: missing a deadline costs more than finishing the job. A smaller company doesn't have that cushion, so what needs checking is the mechanics, not the name: project registration with the Land Department, the escrow account, whether payments are tied to construction milestones, and exactly what gets handed over.
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 in an under-construction building — a reason to dig into why, not to celebrate.
propsearch factsheet: 21 storeys, 166 residences, developer Ginco Properties, status "under construction". Our own stock as of 28 August 2026: 2 lots, price-per-square-foot calculation across district projects, median and average for Business Bay.
Ginco Properties. The architecture is by Datum Engineering Consultants.
21. The building has 166 apartments.
The project is under construction. I check the exact date for a particular unit in the 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 3 lots in this project, from 1 200 000 AED; 3 of them priced below the market, the deepest discount 14%. Prices in the base are live and update every day; ask for the current list for the building before deciding.
What has been written about the building, its developer and Business Bay
A developer with a tower under construction in Business Bay. The district has plenty of demand and even more supply — and that ratio, not the building, decides the outcome.
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%.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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