Price from
AED 2.58M
Starting price for Al Habtoor Tower.

Under Construction
Al Habtoor Tower in Business Bay by Al Habtoor Group. Entry pricing from AED 2.58M across 223 units in two bands, with a Q4 2026 handover target currently
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Data coverage
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Price from
AED 2.58M
Starting price for Al Habtoor Tower.
Completion
Q4 2026
Tracked completion target for Al Habtoor Tower.
Related projects
5
Nearby launches and other Al Habtoor Group projects.
Al Habtoor Tower enters Business Bay with 223 residential units, entry pricing from AED 2.58M, and a Q4 2026 handover target that is currently 7.05% behind its construction schedule. The developer is Al Habtoor Group, one of Dubai's most established conglomerates with a multi-decade record across real estate and hospitality. For a buyer comparing off-plan options in Business Bay, the evaluation rests on three variables: whether the per-sqm rate is defensible against competing launches, whether the schedule delay is recoverable before year-end, and whether Al Habtoor Group's delivery history provides enough confidence to commit. With 1,060 tracked transactions, price discovery on this project is well-established and provides a reliable cross-check against developer ask prices.
Al Habtoor Tower's 223 units divide into two clearly defined bands. The first 111 units span 81.01 to 139.08 sqm, priced from AED 2.58M to AED 4.32M, covering one- and two-bedroom configurations. The second band of 112 units spans 125.42 to 188.13 sqm at AED 4.36M to AED 5.77M, targeting buyers who need larger two- or three-bedroom layouts. Observed per-sqm pricing across the project ranges from AED 27,298 to AED 68,521 — a spread that reflects substantial floor-level and aspect premiums on upper units, particularly canal-facing or Downtown-aligned positions. Entry-level buyers should expect approximately AED 31,850 per sqm at the lowest-priced units. The 4% buyer-side fee applies as a buyer-facing acquisition cost and must be factored into total outlay alongside the 4% Dubai Land Department transfer fee. For a complete breakdown of buying costs and legal obligations, confirm your budget ceiling before selecting a specific floor. With 1,060 tracked transactions on this project, secondary market pricing is transparent and cross-validates developer ask prices at every unit size.
The stated handover target is Q4 2026, but Al Habtoor Tower's construction schedule is currently 7.05% behind plan. If that gap is not recovered, a realistic handover shifts to Q1 or Q2 2027. For investors modelling rental income from late 2026, the delay is a material financial variable that changes gross yield calculations from the first year. UAE mortgage products do not release funds until handover is confirmed, which means financing timelines and projected income streams must be recalculated against a potential 2027 delivery. Before committing, request the current construction completion percentage, the developer's remediation plan for the schedule gap, and confirmation that DLD escrow drawdowns are current with verified site milestones. Buyers calibrating how much schedule risk is acceptable at this price point should review the off-plan versus ready comparison before making a final decision.
Business Bay occupies the strategic corridor between Downtown Dubai and DIFC, with Dubai Canal forming the district's western boundary and Sheikh Zayed Road anchoring its primary demand base. Residential density in Business Bay is high, which limits scarcity premiums on any single project, but sustained occupier demand from corporate and financial services tenants supports gross rental yields in the 5–7% range for well-positioned units. Al Habtoor Tower competes within a deep supply pool, which means unit-specific differentiation — floor height, canal aspect, and finishing specification — drives the premium over generic Business Bay stock. The per-sqm range of AED 27,298 to AED 68,521 across this project confirms that position within the tower carries more pricing weight than the project-level headline, so request a floor-by-floor pricing matrix from the developer before selecting a unit. Business Bay's walkability to the Canal promenade and expanding food and beverage offer at the basin strengthens rental appeal for tenants and resale liquidity for investors.
Al Habtoor Group has delivered major mixed-use developments across Dubai for over four decades, with Al Habtoor City on Sheikh Zayed Road representing the group's most ambitious residential and hospitality cluster to date. For buyers evaluating residential quality and post-handover management standards directly relevant to Al Habtoor Tower, Habtoor Grande Residence is the most useful reference — it demonstrates the developer's capability in premium residential delivery and the service infrastructure that follows handover. The group's financial scale and diversified business base meaningfully reduce counterparty risk compared with smaller off-plan operators. That financial strength does not eliminate schedule delays, as the current 7.05% lag on Al Habtoor Tower demonstrates. Buyers who weight developer track record heavily in their deciding criteria should compare Al Habtoor Group's completed project history against the specific delivery risk attached to this project before proceeding.
Three competing Business Bay launches warrant direct per-sqm comparison before Al Habtoor Tower earns final selection status. Aykon City 3 by DAMAC offers a DIFC-adjacent Business Bay address with DAMAC's deeper completed-project track record in this corridor and a more liquid resale market that provides a cleaner exit option. Haus of Tenet targets buyers seeking a boutique Business Bay product at pricing that may undercut Al Habtoor Tower on a per-sqm basis for comparable unit sizes. Bearau Lamar Commercial Tower serves a commercial investor profile rather than a residential buyer, but is relevant for investors whose strategy includes mixed-use income diversification within the same submarket. For each alternative, benchmark on identical unit size, floor range, and handover timeline before comparing first-year yield assumptions. Al Habtoor Tower's developer brand and well-defined unit sizing justify its place in a serious Business Bay selection, but the schedule delay means it should not be the default choice without a credible remediation plan from the developer.

A 7.05% lag against a Q4 2026 target means Al Habtoor Tower could hand over in Q1 or Q2 2027 if site progress does not recover. UAE mortgage facilities only release at handover, so any delay directly defers rental income and increases bridging cost. Ask the developer for the current construction completion percentage against the original programme, and request DLD-regulated progress certificates to verify the gap. Build a minimum six-month buffer into your financial model before signing.
At AED 2.58M for an 81 sqm unit, the implied entry per-sqm rate sits around AED 31,850 — broadly in line with Business Bay off-plan pricing for new launches in 2025 and 2026, but not a material discount to alternatives such as [Aykon City 3](/projects/aykon-city-3) or [Haus of Tenet](/projects/haus-of-tenet). The investment case for Al Habtoor Tower turns on developer brand and specific unit positioning within the tower, not price leadership. Compare all competing projects on identical unit sizes and floor ranges before committing.
Al Habtoor Group's balance sheet depth and long development history significantly reduce insolvency risk compared with smaller off-plan operators. [Habtoor Grande Residence](/projects/habtoor-grande-residence) is the most relevant completed residential reference for post-handover quality and management standards. The 7.05% schedule lag on Al Habtoor Tower confirms that even well-capitalised developers can fall behind on individual projects. Confirm that buyer funds are held in a DLD-regulated escrow account before signing, and review the SPA default and refund provisions in full.

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