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Disruptive Real Estate

Dar Al Arkan · Business Bay

Urban Oasis

  • Apartments
  • Penthouses
Starting from
AED 609,500
Bedrooms
Studio–4 BR
Size
1,916–7,385 sqft
Payment plan
On request
Completion
Ready
Available
On request
Handover
2023-08-27

About Urban Oasis

Waterfront Living on Dubai Canal

Urban Oasis is a 38-storey residential tower standing directly on Dubai Canal in Business Bay, one of the most searched addresses for apartments for sale in Business Bay. The building comprises 467 units across a single tower with a basement, ground floor, three podium levels, 34 upper floors, a roof level and one upper roof level, per Dubai Land Department records.

The tower's interiors were designed by Missoni Home, marking the brand's second residential collaboration globally after Missoni Baia in Miami. Every apartment, whether a studio or a four-bedroom layout, carries the same decorative language of zigzag motifs, jacquard patterns and color palettes associated with the Missoni house.

Unit Mix and Layouts

Urban Oasis offers studio, 1, 2, 3 and 4-bedroom apartments alongside a set of penthouses accessed by private elevators. Documented three-bedroom units on levels 2 through 29 measure 178 sq.m (1,916 sq.ft), while the two four-bedroom penthouse-style layouts on the upper floors span 686 sq.m (7,385 sq.ft) on level 30 and 289 sq.m (3,113 sq.ft) across levels 31 to 34.

Penthouse floor plans include a closed kitchen, en-suite bathrooms off each bedroom, dedicated dressing areas, family and living zones, and in the largest layout, a private office and dual master suites. Balconies and terraces on the canal-facing units are oriented toward views of the Dubai Canal and the surrounding skyline.

Amenities and Interior Concept

The podium level houses an infinity swimming pool framed by landscaped greens, positioned to give residents a resort-style break within the city. A fully equipped gym on the same level overlooks the canal and carries the same Missoni-designed interior treatment found throughout the building's shared spaces.

The grand lobby sets the tone for the property with a blend of geometric shapes, patchwork detailing and the zigzag pattern that defines the Missoni aesthetic, distinguishing Urban Oasis from the more conventional apartment towers common across Business Bay's skyline.

Business Bay Investment Case

As a completed, 100% handed-over asset (project end date August 2023), Urban Oasis sits in the ready-to-move segment of the Business Bay property investment market rather than the pre-launch off-plan pipeline. This positions it for buyers seeking immediate occupancy or rental income in a canal-front building rather than a multi-year construction timeline.

Business Bay's location along Sheikh Zayed Road, roughly five minutes from Downtown Dubai and The Dubai Mall, keeps demand steady for both owner-occupiers and tenants targeting apartments in Business Bay with direct canal frontage, while the district continues to attract buyers seeking off-plan projects for sale in Dubai.

Key highlights

  • 38-storey tower directly on Dubai Canal in Business Bay
  • 467 units: studios to 4-bedroom apartments plus penthouses
  • Interiors by Missoni Home, the brand's second residential project globally
  • 100% complete, handed over August 2023
  • Penthouses up to 7,385 sq.ft with private elevators
  • 5 minutes from Downtown Dubai and The Dubai Mall

Why this project

  • Missoni Home-designed canal-front tower in Business Bay with penthouses featuring private elevators and en-suite bedrooms.

Amenities

  • Infinity swimming pool
  • fully equipped gym
  • grand Missoni-designed lobby
  • canal-facing balconies and terraces
  • private penthouse elevators
  • closed kitchens
  • en-suite bathrooms
  • dressing rooms
  • family rooms

Location

Connectivity from Urban Oasis

Urban Oasis sits at zero minutes from Dubai Canal itself, with Downtown Dubai and The Dubai Mall roughly five minutes away by car. Jumeirah Beach is about seven minutes out, Dubai Marina around 17 minutes, and Dubai International Airport approximately 17 minutes from the building. Business Bay Metro Station and Burj Khalifa/Dubai Mall Metro Station are both within easy reach for residents without a car.

The tower's canal-front position in Business Bay places it near Souk Al Bahar, Dubai Opera and the JW Marriott, giving residents walkable access to dining and retail while positioning the development within one of the most connected communities in Dubai.

Project information

Developer
Dar Al Arkan
Location
Business Bay
Handover
2023-08-27
Total units
467
DLD Project #
2007

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Urban Oasis — handover progress

100%
LaunchNov 2017
Today0mo to handover
Handover2023-08-27

Resale at Urban Oasis

41 transactions · last 12 months

Avg / sqft
AED 2,208
Avg price
AED 2,407,332
Year-on-year
+0.1%
Range
AED 650,000AED 5,856,000
By unit size
  • StudioAED 2,255/sqft3 sales
  • 1 BRAED 2,145/sqft10 sales
  • 2 BRAED 2,092/sqft24 sales
  • 3 BRAED 2,693/sqft4 sales

Business Bay market

studio · 2,091 sales analyzed

High activity
Avg / sqft
AED 2,577
Sales last 6 mo
338
Year-on-year
-9.5%
Off-plan vs ready
28.8% pricier
AED 2,787 vs 2,164
9.5%

Indicative gross yield

At the starting price of AED 609,500, typical rent for a studio in Business Bay (AED 57,800/year, ~AED 4,800/month) implies a 9.5% gross yield.

Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Bedrooms available at Urban Oasis

Frequently asked questions about Urban Oasis

Where is Urban Oasis located in Dubai?

Urban Oasis stands directly on Dubai Canal in Business Bay, roughly five minutes by car from Downtown Dubai and The Dubai Mall.

Who developed Urban Oasis?

Urban Oasis was developed under the Dar Al Arkan group, with interiors designed by Missoni Home, marking the brand's second residential project after Missoni Baia in Miami.

Is Urban Oasis ready for handover?

Yes. Dubai Land Department records show the project as 100% complete, with a project end date of 27 August 2023.

What unit types does Urban Oasis offer?

The tower offers studio, 1, 2, 3 and 4-bedroom apartments, plus dedicated penthouse units with private elevators on the upper floors.

How many units and floors does Urban Oasis have?

The building has 467 units across a single tower with a basement, ground floor, three podium levels, 34 upper floors, a roof and an upper roof level.

What is Business Bay known for?

Business Bay is Dubai's canal-front business and residential district adjacent to Downtown Dubai, known for its mix of office towers, waterfront apartments and proximity to Sheikh Zayed Road.

What size are the largest units at Urban Oasis?

The largest documented penthouse on level 30 measures 686 sq.m (7,385 sq.ft), including a private office and dual master suites.

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