Al Habtoor Tower (Business Bay) review: prices and payment plan, 2026

Oliva is a RERA-licensed buyer-side brokerage in Dubai (BRN 1573501). On off-plan purchases the developer pays Oliva's commission and the buyer pays nothing for representation; a 2% plus 5% VAT buyer fee applies only to resale and secondary purchases. This review is based solely on the verified facts supplied in the project data, so any missing detail should be checked directly with the developer or the Dubai Land Department.

The stated payment plan is labelled Main and has three milestones: 10% on booking, 50% after booking, and 40% upon handover. The 'after booking' portion is not broken down further in the current listing data, so buyers should ask Al Habtoor Group for the exact schedule between booking and handover, including any construction-linked instalments.

Because the handover is indicated as December 2026, the 50% after booking will typically be payable during the construction period, while the final 40% falls due at handover. This structure is relatively back-loaded, which can help preserve cash during construction but means the buyer is exposed to delivery risk until the end. Confirm the milestone triggers and any default or delay terms in the sale and purchase agreement.

the current price list covers 50 units across three bedroom types. One-bedroom apartments are the most numerous, with 31 units priced from AED 2,661,820 to AED 4,448,894 and internal sizes from 872 to 1,497 square feet. These are the only units that come close to the AED 2,500,000 threshold, and even the cheapest one-bedroom sits above it.

The 14 two-bedroom units range from AED 4,493,832 to AED 5,947,287, with sizes from 1,350 to 2,025 square feet. The five three-bedroom units are significantly more expensive: from AED 14,880,499 to AED 33,002,366, with sizes from 3,026 to 5,034 square feet. The overall minimum price across the table is AED 2,661,820 and the overall maximum is AED 33,002,366.

No units in the table are priced at or under AED 2,500,000; the recorded count is zero. Buyers whose budget is AED 2,500,000 or below would need to increase their budget or look at other inventory. This price positioning means the project sits outside Oliva's typical sub-AED 2.5 million apartment focus.

Business Bay is a central Dubai district with a mix of residential and commercial buildings. The project data does not include specific transport, amenity or road distances, so buyers should visit the site and verify access to the Dubai Metro, road links and local services before committing. Area-level averages for Business Bay are indicative only: the recorded average sell price is AED 3,959,199 and the average rent price is AED 17,989. These figures are averages across tracked inventory and should not be used to derive any future performance.

The area's established profile may suit buyers who want a central address, but the absence of project-level detail means practical checks on construction progress, plot location and view corridors are essential. Confirm the exact plot and masterplan position with the developer and review the sale and purchase agreement for any area-specific restrictions.

More projects in Business Bay are listed at projects in Business Bay.

Escrow. Verify the project's escrow account with the Dubai Land Department before transferring any funds. Dubai Law No. (8) of 2007 requires off-plan projects to use escrow, but the JSON does not provide the account number; request it from Al Habtoor Group and confirm it with the DLD.

Oqood. Ensure the sale is registered with Oqood, the DLD's off-plan registration system. Buyers should ask for confirmation of Oqood registration and keep the registration document as evidence of ownership interest in the off-plan unit.

Service charges. No service charge figure is present in the data. Buyers should ask the developer for an indicative service charge budget and later verify the final charge against the RERA-approved service charge index once the building is handed over.

Handover date. The stated handover window is December 2026. Confirm this date in the sale and purchase agreement, including any grace periods, extension clauses or delay compensation terms; the JSON does not include a construction progress schedule.

Payment plan enforceability. The plan is 10% on booking, 50% after booking and 40% upon handover. Review the sale and purchase agreement to ensure the 'after booking' milestone is clearly defined and that the payment schedule is enforceable against the developer's completion obligations.

This project appears aimed at buyers who want larger one-bedroom or two-bedroom apartments in Business Bay and are comfortable with a price point above AED 2,500,000. The data shows no units at or under AED 2,500,000, which means the development sits outside the sub-AED 2.5 million focus that Oliva typically reviews. The payment plan's 40% handover payment may suit buyers who prefer to keep cash during construction, but it also concentrates payment risk at delivery.

For a specific unit, the free Oliva underwriting report delivers a buy or do-not-buy verdict based on the unit's price, size, location and payment plan. The report is a factual underwriting assessment, not a promise of future performance. Buyers should use it to pressure-test any specific apartment against their own budget and timeline.