Developer: Damac Properties · Business Bay

The Cosmopolitan

The Cosmopolitan is a residential project by Damac Properties in Business Bay, Dubai, with prices from AED 770 000, construction 100% complete per the DLD registry, 368 units, 985 DLD-registered sales since 2012.

Price fromAED 770 000Our calculation
Construction100% — completedDLD registry
Units368DLD registry
DLD sales985 since 2012DLD registry
Median sale priceAED 19 591/m²Our calculation
Mortgage~AED 3 250/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 770 000 AED is 3 251 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Construction started01.04.2010
  • HandoverQ1 2014
  • Escrow bankAbu Dhabi Commercial Bank
  • DLD project number421

Data from the Dubai Land Department project registry (updated 14.10.2026 09:55).

Inspection history 2
025507510029.09.201317.02.2014
Actual, per inspections

Pace: 2.53% per month. At this rate 100% falls on 23.06.2014.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 18
17.02.2014 89.50%
The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 1 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 2 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 3 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 4 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 5 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 6 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 7 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 8 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 9 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 10 of 11The Cosmopolitan, Business Bay construction progress — 17 February 2014, 89.50% complete, photo 11 of 11
29.09.2013 77.80%
The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 1 of 7The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 2 of 7The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 3 of 7The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 4 of 7The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 5 of 7The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 6 of 7The Cosmopolitan, Business Bay construction progress — 29 September 2013, 77.80% complete, photo 7 of 7

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Registered transactions in The Cosmopolitan

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

985deals since 2012
19 591AED per m², median
67%resale, the rest bought from the developer
-4%over the past year
7.4%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +4% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio45880 00019 556579
1 bedroom761 498 00019 711248
Shop782 138 85027 4216
2 bedrooms1212 327 50019 23689
3 bedrooms1682 969 00017 67362

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +37% on the price per square metre in this building. The district moved +36% over the same period, so the building tracked the market.

21 4442014——
21 1162015——
19 1002016——
15 0302017——
14 6682018——
11 50720191 0198.9%
9 94420218138.2%
13 14520229417.2%
15 11520231 1467.6%
15 95320241 2778.0%
17 99920251 3337.4%
15 7892026*1 1847.5%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in The Cosmopolitan worth?

DLD has recorded 985 sales in this building since 2012, 658 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Places nearby

🌳 Action Park Business Bay · 0.2 km🌳 Bay Avenue Park · 0.3 km🧸 Maple Bear Nursery · 0.3 km🎓 Babilou Downtown · 0.5 km🚇 Business Bay Metro Station · 0.8 km
The Cosmopolitan

About the project

The Cosmopolitan is a completed residential project in Business Bay, Dubai. The registered developer is Damac Properties, and the DLD project number is 421. Construction started in April 2010 and was completed in March 2014. The DLD registry records the project as Finished with 100% completion. The development comprises one 22-floor tower with 368 units.

Buildings and homes

The Cosmopolitan is a studio-led apartment building. Its recorded residential mix includes 203 studios, 92 one-bedroom apartments, 33 two-bedroom apartments and 27 three-bedroom apartments; the project also includes 13 shops and offices. Recent resale activity indicates median apartment sizes of about 44 sq m (478 sq ft) for studios, 76 sq m (818 sq ft) for one-bedroom homes, 120 sq m (1,290 sq ft) for two-bedroom homes and 173 sq m (1,861 sq ft) for three-bedroom homes. This range provides options from compact city apartments to larger multi-bedroom residences within the same tower.

Location

Business Bay is a central Dubai district known for its mix of residential towers, offices and waterside development along Dubai Canal. It sits next to Downtown Dubai and close to Sheikh Zayed Road, placing The Cosmopolitan within an established urban part of the city.

Prices and resale

Since 2010, the DLD has registered 979 sales at The Cosmopolitan. In the last 24 months to 12 October 2026, there were 74 sales, with a median price of AED 860,000 and a median rate of about AED 1,560 per sq ft. Median prices in this period were AED 790,000 for studios, AED 1.15 million for one-bedroom apartments, AED 1.73 million for two-bedroom apartments and AED 2.21 million for three-bedroom apartments. Over the last 12 months, 25 sales were registered, with a median price of AED 900,000. The most recent recorded transaction was on 29 September 2026: a three-bedroom flat of about 169 sq m (1,816 sq ft) sold for AED 2 million. The project is complete, so homes are bought and rented on the secondary market; for current availability contact a Continental Club Property broker (RERA 31933).

Service charge, 2026

Approved rate29.45 AED▲ +1.4% per sq ft per year · 317 AED/m²
General / reserve fund28.84 / 0.61AED/sq ft
vs Business Bay median▲ +47.5%median 19.97 · rank 72/84
A 1,000 sq ft unit≈ 29,450 AEDper year · ≈ $8,019

Managed by Luxury Owner Association Management Services Co. · budget 1 Jan 2026 — 31 Dec 2026

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “The Cosmopolitan”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Who is the developer of The Cosmopolitan?
The registered developer is Damac Properties. The DLD project number is 421.
Is The Cosmopolitan ready, and when was it completed?
Yes. The DLD registry records the project as Finished with 100% completion; construction was completed in March 2014.
How much does a home at The Cosmopolitan cost?
For the 24 months to 12 October 2026, median resale prices were AED 790,000 for studios, AED 1.15 million for one-bedroom apartments, AED 1.73 million for two-bedroom apartments and AED 2.21 million for three-bedroom apartments.
How can I buy an apartment in The Cosmopolitan?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

Nearby projects

Get the presentation and prices

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Project data comes from the Dubai Land Department (DLD) registry.

For AI agents and researchers

Machine-readable mirrors of this page: Markdown · JSON. They carry the same figures as this page, each with its origin labelled.

How to cite:The Cosmopolitan — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-14, https://continentalclub.ae/project/the-cosmopolitan-business-bay/