The Quayside by Ellington, Business Bay, Dubai — freehold apartments

The Quayside by Ellington Properties is a residential complex of 118 units in Business Bay, Dubai, offering studios and 1, 2 and 3-bedroom apartments alongside a custom-made 5-bedroom penthouse, with direct access to the Dubai Water Canal promenade. Pricing is not published on the developer’s project page.

About The Quayside

The Quayside is a residential complex in Business Bay with 118 residential units, including studios, apartments with 1, 2 and 3 bedrooms, as well as a custom-made 5-bedroom penthouse, according to the developer.

Lifestyle and Setting

The Quayside has direct access to the Dubai Water Canal promenade. According to the developer, the building’s amenities include a leisure and lounge pool, a fitness studio and a clubhouse.

Location: Business Bay

The Quayside is in Business Bay, near the Burj Khalifa and Dubai Mall. The surrounding area includes restaurants, hotels and retail outlets, and with transport links including the Dubai Metro, residents can reach other parts of the city.

Unit Types

The Quayside’s 118 units span studios, 1, 2 and 3-bedroom apartments and a custom-made 5-bedroom penthouse. Studios may suit single professionals or investors, the 1, 2 and 3-bedroom apartments suit households of different sizes, and the penthouse is the development’s largest residence.

Pricing and Availability

Pricing at The Quayside is not published on the developer’s project page. Handover was scheduled for Q1 2026, according to Property Finder, which lists a payment plan of 20% on booking, 50% during construction in eight instalments and 30% on handover. Buyers should confirm current availability, floor plans and pricing by layout.

Unit Types at a Glance

Ownership, Freehold Status and Residency

Business Bay is one of Dubai’s designated freehold areas, meaning buyers of any nationality can hold full, unrestricted ownership of their apartment, with no restriction on repatriating rental income or resale proceeds abroad. Depending on the final purchase value, a qualifying acquisition may also support an application for the UAE Golden Visa, which grants renewable long-term residency to the property owner and their immediate family. Buyers should confirm current visa-eligibility thresholds against the final agreed purchase price.

Why Invest in The Quayside

The Quayside combines a Business Bay address with direct Dubai Water Canal promenade access and a unit range from studios through to a custom-made 5-bedroom penthouse. It may suit buyers who want the connectivity of a central business district together with a waterside setting.

Step-by-Step: How to Buy at The Quayside

Purchasing begins with confirming current unit availability and pricing, followed by a reservation payment to secure the chosen apartment. As with all freehold transactions in Dubai, the sale is registered under the framework overseen by RERA, the Real Estate Regulatory Agency, with title ultimately recorded at the Dubai Land Department. Buyers intending to apply for a Golden Visa on the back of their purchase should factor that application into their post-purchase timeline.

Buyer Checklist Before Reserving

Before committing to a unit at The Quayside, buyers should confirm current pricing and availability by layout and floor, whether the purchase value clears the relevant Golden Visa threshold, the building’s current construction or handover status, and which specific units offer direct canal-promenade access. Working through this checklist ahead of signing helps buyers align the purchase with both budget and lifestyle priorities.

Financing Considerations

Buyers considering a purchase at The Quayside should confirm current financing options with their chosen lender. Both developer-led instalment plans and third-party mortgage financing are common routes for buyers purchasing freehold property in Dubai, and the right choice depends on the buyer’s residency status, income profile and investment horizon.

Currency and Payment Notes

Dubai real estate is priced in UAE Dirhams, pegged to the US Dollar at a fixed rate since 1997, which removes currency risk for buyers converting from USD or other Dollar-pegged Gulf currencies over the life of a purchase. Demographic and construction-sector data published by the Dubai Statistics Center offers a useful independent reference point for buyers assessing long-term demand fundamentals in Business Bay.

Service Charges and Building Management

As a residential complex with direct canal promenade access and a broad unit mix up to a custom penthouse, The Quayside operates under an owners’ association responsible for maintaining shared infrastructure, funded through an annual service charge set against RERA’s published index for the building. Buyers should confirm the current service charge rate before signing.

Off-Plan and Ready-Property Buyer Protections

Dubai’s designated freehold areas, including Business Bay, operate under a regulated framework overseen by RERA. For any element of a purchase still under construction, buyer instalments are held in a dedicated project escrow account, with funds released against verified construction milestones rather than paid directly to the developer up front — a protection that applies across Dubai’s freehold market regardless of individual project or developer.

Who Should Consider The Quayside

The Quayside may suit buyers who want a Business Bay address with a waterside setting — professionals drawn to the canal promenade and central location, families considering the larger 2 and 3-bedroom layouts, and buyers seeking a custom-made penthouse. Investors looking at Business Bay’s rental market may consider the studio and 1-bedroom units as a practical entry point.

Is 2026 a Good Time to Buy at The Quayside?

Business Bay is an established central district, so buyers in 2026 are purchasing into a developed market with existing rental and resale activity. For a broader view of market timing across Dubai’s freehold sector, see our guide to the Dubai real estate market 2026 investment outlook.

Rental Demand and Ongoing Costs

The Quayside’s Business Bay location, close to the Burj Khalifa and Dubai Mall, places it within a rental catchment of tenants working in the surrounding business district. Buyers should confirm current achievable rents for their specific unit type and factor in the absence of recurring property tax that applies across Dubai’s freehold market.

Resale Market and Liquidity

Business Bay is an established freehold market with resale and rental transactions across studios through to larger family units. Buyers should review current comparable resale transactions when underwriting a purchase, particularly for the custom-made 5-bedroom penthouse.

Family Living at The Quayside

With 2 and 3-bedroom apartments and a custom-made 5-bedroom penthouse, The Quayside offers larger-household options within Business Bay — a district more often associated with compact investor units. The canal promenade adds an outdoor amenity next to the building.

After-Sales Service and Property Management

Buyers should confirm with the developer and the building’s management what after-sales support, maintenance and rental-management services are available post-purchase — a level of ongoing support that can meaningfully simplify ownership for non-resident investors who are not on the ground in Dubai day-to-day.

Comparing The Quayside With Other Dubai Developments

Buyers evaluating The Quayside against other freehold options may also consider JLT in Jumeirah Lakes Towers for a comparison of pricing and positioning across Dubai’s established districts. For the full picture of Dubai’s freehold market, see our complete Dubai real estate investment guide.

Living Along the Dubai Water Canal

The Dubai Water Canal has transformed Business Bay’s waterfront into a genuine promenade destination, with landscaped walkways, dining and leisure infrastructure built out along its length. Developments with direct promenade access, like The Quayside, offer residents outdoor space along the canal.

Currency Peg and Cross-Border Buyers

For international buyers converting from Gulf currencies such as the Saudi Riyal, Qatari Riyal or Omani Rial, the Dirham’s long-standing peg to the US Dollar removes exchange-rate volatility across the full duration of a purchase at The Quayside, giving buyers budgeting certainty from reservation through to final settlement.

Investor Profile: Who Buys at The Quayside

The Quayside’s unit mix suits two main buyer groups: investors looking at Business Bay’s rental market and canal-promenade positioning, and larger households or buyers seeking a larger residence via the development’s 3-bedroom and custom-made penthouse options. Both groups benefit from Business Bay’s established infrastructure and proximity to Downtown Dubai.

Comparing Dubai’s Freehold Communities

Dubai’s freehold market spans a wide spectrum from ultra-prime waterfront addresses to more accessible, community-oriented districts. For a fuller picture of how pricing varies by area, see our guide to Dubai apartment prices per square metre by area, which situates Business Bay pricing against Dubai’s wider freehold market.

Long-Term Outlook for Business Bay

Business Bay is a principal business and residential district of Dubai, anchored by its canal frontage and proximity to Downtown Dubai. Developments such as The Quayside sit within this established district, whose commercial base continues to expand.

Preparing to Reserve at The Quayside

Buyers who are considering a purchase will typically need proof of funds or financing pre-approval in place ahead of a reservation, along with the identification documents required for the freehold registration process.

Snagging and Handover Inspection

Ahead of final acceptance, buyers at The Quayside should request a snagging inspection where any finishing defects — from fixtures and fittings to plumbing systems — are logged and corrected by the developer before handover is formally completed. Non-resident owners should plan for this stage in advance, either by visiting Dubai in person or appointing a local representative to attend on their behalf.

Wellness and Waterside Living

The Quayside’s direct promenade access offers outdoor, waterside space alongside conventional apartment living. For buyers who value daily access to landscaped canal-front space, this is a feature of the building.

Rental Yield Fundamentals in Business Bay

Business Bay’s central position, canal frontage and proximity to Downtown Dubai have supported rental demand across unit types, from studios through to larger family apartments. Buyers should request current comparable rental figures for their specific unit type before underwriting a purchase on a yield basis.

Other Prime Dubai Developments

Buyers comparing The Quayside against other freehold developments may also consider:

• Oasiz by Danube — freehold studio to 3-bedroom apartments in Dubai Silicon Oasis.
• Oceanmare House — 2 to 6-bedroom apartments and penthouses on Palm Jumeirah.

For the full picture of Dubai’s freehold market, pricing trends and long-term outlook, see our complete Dubai real estate investment guide.

Comparing Unit Types at The Quayside

The spread from compact studios through to a custom-made 5-bedroom penthouse means The Quayside can suit very different buyer profiles within the same development. Smaller studio and 1-bedroom units tend to appeal to investors targeting rental yield, while the larger 2 and 3-bedroom layouts and the custom penthouse suit families and buyers seeking a primary or secondary residence with more space. Buyers should confirm current pricing and floor-plan availability by unit type.

Business Bay’s Business and Residential Balance

Unlike purely commercial districts or purely residential communities, Business Bay was master-planned to combine both functions, giving The Quayside’s residents proximity to major employers alongside the retail, dining and canal-front leisure infrastructure typically associated with residential-first neighbourhoods.

After-Handover Considerations for the Custom Penthouse

Buyers specifically interested in The Quayside’s custom-made 5-bedroom penthouse should confirm with the developer exactly what “custom-made” entails for the specific unit on offer — whether finishes, layout or fixtures have already been finalised, or whether some degree of buyer input remains available. Because this is a one-of-a-kind unit within the development, standard comparable-pricing approaches used for the studio and standard apartment tiers may not directly apply.

Frequently Asked Questions

What is The Quayside?

The Quayside by Ellington Properties is a residential complex of 118 units in Business Bay, Dubai, offering studios and 1, 2 and 3-bedroom apartments alongside a custom-made 5-bedroom penthouse, with direct access to the Dubai Water Canal promenade. Pricing is not published on the developer’s project page.

Where is The Quayside located?

In Business Bay, Dubai, with direct access to the Dubai Water Canal promenade, near the Burj Khalifa and Dubai Mall.

What is the price of an apartment at The Quayside?

Pricing is not published on the developer’s project page. Property Finder lists a payment plan of 20% on booking, 50% during construction and 30% on handover.

Is The Quayside a freehold development?

Yes, Business Bay is a designated freehold area, open to buyers of any nationality.

Does buying at The Quayside qualify for UAE residency?

A qualifying purchase value may support an application for the UAE Golden Visa. Buyers should confirm current thresholds against the final purchase price.

What unit types are available at The Quayside?

Studios, 1, 2 and 3-bedroom apartments, and a custom-made 5-bedroom penthouse.

What taxes apply to owning property in Dubai?

The UAE levies no capital gains tax and no recurring annual property tax on freehold residential real estate, and places no restriction on repatriating rental income or sale proceeds abroad.

Can I purchase remotely, without visiting Dubai?

Many international buyers complete the reservation and payment process remotely through a power of attorney arrangement, though an in-person or video walkthrough visit ahead of final payment is recommended.

How far is The Quayside from the Burj Khalifa?

The Quayside is located in Business Bay, close to the Burj Khalifa and Dubai Mall, with access via the Dubai Metro.

The Quayside brings together a Business Bay address, direct Dubai Water Canal promenade access, and a unit range from studios to a custom-made 5-bedroom penthouse. Read our full guide to the Dubai real estate market and browse all freehold properties in the UAE.