West 5 Tower, now widely recognized as Marriott Residences Business Bay, is a landmark residential project developed by MAG Property Development (developed through its subsidiary Fortune 5). Positioned in the heart of Dubai’s cosmopolitan Business Bay, this particular 20-storey tower is designed for those who demand a hotel-inspired lifestyle within a private residential setting. The project perfectly captures the essence of modern urban living, located along the picturesque Dubai Canal and surrounded by the city’s most iconic skyline.
As of February 2026, West 5 Tower is 100% completed and has been fully handed over (attaining completion in late 2024). The residences feature high-end, branded finishes and floor-to-ceiling windows that offer panoramic vistas of the Burj Khalifa and the waterway. With its “ready-to-move-in” status, West 5 Tower has become a prime destination for professionals and investors looking for immediate rental yields in a high-demand district.
Property Details
| Feature | Details |
| Developer | MAG Property Development (Fortune 5) |
| Location | Business Bay, Dubai |
| Property Type | Branded Residential Apartments |
| Starting Price | AED 2,000,000 |
| Government Fee | 4% DLD Fee |
| Unit Status | Completed (Ready to Move) |
| Ownership | 100% Freehold |
| Handover Date | December 2024 |
| Views | Dubai Canal, Burj Khalifa, & Skyline |
Features & Amenities
| Feature | Details |
| Branded Services | Marriott-standard concierge, valet, doorman, and in-residence dining |
| Wellness | Rooftop infinity swimming pool, state-of-the-art gym, and spa |
| Social Hub | Resident-only clubhouse, lobby café bar, and BBQ area |
| Recreation | Outdoor sports zone, pool chill-out area, and media room |
| Family & Pets | Dedicated kids’ pool, children’s play area, and dog park |
| Convenience | Direct bridge access to the marina and 24-hour elite security |
Location & Connectivity
West 5 Tower provides an exceptionally central address with seamless access to Dubai’s key transit arteries:
- 05 mins, Downtown Dubai & Dubai Mall
- 05 mins, Sheikh Zayed Road Access
- 10 mins, Dubai International Financial Centre (DIFC)
- 15 mins, Dubai International Airport (DXB)
- 20 mins, Dubai Marina & Palm Jumeirah
- Walking Distance, Dubai Canal Boardwalk & Luxury Dining
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | Paid at Booking |
| During Construction | 40% | Paid in structured installments |
| On Handover | 50% | Final balance (Project now Ready) |
Note: Since the project is now completed, the 50% final payment is due upon purchase for developer units, though attractive secondary market mortgage options are available.
Floor Plans
Unit sizes at West 5 Tower at Business Bay run from 850 to 1,108 square feet: 1-Bedroom Apartment at 850 sq ft and 2-Bedroom Apartment at 1,108 sq ft. These are the developer stated areas. Ask us for the registered size on a specific unit before you offer, because the two do not always agree.
| Unit Type | Size Range (Sq. Ft.) | Highlights |
| 1-Bedroom Apartment | 850 to 861 Sq. Ft. | Open-plan living with designer-fitted kitchens |
| 2-Bedroom Apartment | 1,108 to 1,248 Sq. Ft. | Dual balconies with Burj Khalifa or Canal views |
Note: Select units are available fully furnished with Marriott-approved interior design packages. Detailed layouts are available upon request.
Why Invest in West 5 Tower
- Branded Rental Premium: Marriott-branded residences in Business Bay command 25 to 30% higher rental rates compared to standard residential towers in the same area.
- Ready Asset: Avoid construction risks; this is a completed building allowing for immediate occupancy or rental income generation.
- Exceptional Yields: Projected gross ROI for 1-bedroom units in West 5 Tower currently sits between 7% and 8.5% due to the high demand for serviced living.
- Strategic Growth: Business Bay continues to see massive infrastructure investment, ensuring long-term capital appreciation for properties along the Canal.
- Liquidity: Branded residences are among the most liquid assets in the Dubai real estate market, often selling faster on the secondary market.
FAQs About West 5 Tower
Q1: Is the building still under construction?
A: No, West 5 Tower (Marriott Residences) was completed in Q4 2024 and is now a fully operational residential building.
Q2: Does the building allow short-term rentals (Airbnb)?
A: Yes, Business Bay is a prime zone for short-term holiday homes. The Marriott branding makes these units highly attractive to high-end travelers.
Q3: Are utilities included in the service charges?
A: No, service charges cover the maintenance of common areas and Marriott-standard services. DEWA and Empower (chiller) are typically paid by the resident.
Q4: Is there a public transport link nearby?
A: Yes, the tower is located near several bus stops and is approximately a 5-minute drive from the Business Bay Metro Station.
Q5: What is the ownership status?
A: This is a 100% freehold property, allowing full ownership for all nationalities.
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More about Business Bay
Read the Cresco area guide to Business Bay. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Business Bay area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Business Bay
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 655 residential sales were registered in Business Bay. The median was AED 1,738,630 and the middle half fell between AED 1,217,500 and AED 2,850,004. This project is advertised from AED 2,000,000, which sits inside that range.
For the unit type this project leads with, 1 B/R, the registered median in Business Bay was AED 1,540,000 across 215 sales, at AED 2,072 per square foot and a median size of 813 sq ft.
| This project, advertised entry price | AED 2,000,000 |
| Registered median price, Business Bay | AED 1,738,630 |
| Middle half of registered sales | AED 1,217,500 to AED 2,850,004 |
| Registered median per sq ft | AED 2,121 |
| Registered median unit size | 880 sq ft |
| Share bought off plan | 38% |
| Ready stock, median per sq ft | AED 1,849 from 406 sales |
| Off plan stock, median per sq ft | AED 2,584 from 249 sales |
| Registered residential sales in the period | 655 |
Registered sales by bedroom count in Business Bay
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 118 | AED 985,000 | AED 2,085 | 448 sq ft |
| 1 B/R | 215 | AED 1,540,000 | AED 2,072 | 813 sq ft |
| 2 B/R | 112 | AED 2,464,270 | AED 1,855 | 1,366 sq ft |
| 3 B/R | 36 | AED 4,490,726 | AED 2,303 | 2,089 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Business Bay
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Business Bay recorded 19,309 registered rental contracts and 2,646 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 119 per sqft against a ready sale price of AED 1,986 per sqft. That is a gross yield of 6.0% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Business Bay moved +2.3 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -10.4%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 4,452 | 68,967 | 145 | +0.7 |
| 1 bedroom | 8,033 | 93,568 | 120 | +2.1 |
| 2 bedroom | 5,152 | 134,111 | 102 | +3.3 |
| 3 bedroom | 1,540 | 187,515 | 93 | +4.6 |
| All apartments | 19,309 | 108,453 | 119 | +2.3 |
Full Business Bay guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 27 September 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to September 2026.
