Park Lane TowerBusiness Bay
218,590 AEDmarket
621 AED/ft²
Delivered: Q1 2016
Completed
Park Lane Tower
Business Bay
StudioApartment
Launch price
331,000 AED
Booking
10%
Booking
Construction
30%
Construction
Handover
20%
Handover
Local Information
-- to
Description
Park Lane Tower offers hotel apartments for sale in Business Bay, a completed 37-storey mixed-use development delivered in 2016. The Developer Properties completed this project, which was originally launched by KM Properties in 2007. It features 230 hotel apartments, alongside commercial and retail spaces. The tower is located directly on the Dubai Canal, providing views of the waterfront. Residents have access to amenities including a gym, outdoor pool, and business center. Its strategic position offers proximity to major attractions such as the Burj Khalifa and The Dubai Mall. Access to Sheikh Zayed Road is convenient, connecting to various parts of Dubai.
Price Analysis for Park Lane Tower
Apartment
Studio
9%
192 units
292 – 528 ft²
No market history available yet
Starting price
331K
686 /ft²
Current price
219K
621 /ft²
Price History for Park Lane Tower
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 5 Feb 2026 | 520,000 | Hotel Apartment | Studio | 321 ft² | — | 1,620 |
| 19 Dec 2025 | 375,000 | Hotel Apartment | Studio | 301 ft² | — | 1,246 |
| 12 Nov 2025 | 330,000 | Hotel Apartment | Studio | 293 ft² | — | 1,126 |
| 12 Nov 2025 | 330,000 | Hotel Apartment | Studio | 298 ft² | — | 1,107 |
| 12 Mar 2025 | 186,855 | Hotel Apartment | Studio | 301 ft² | — | 621 |
| 11 Mar 2025 | 199,807 | Hotel Apartment | Studio | 322 ft² | — | 621 |
| 11 Mar 2025 | 225,965 | Hotel Apartment | Studio | 364 ft² | — | 621 |
| 11 Mar 2025 | 211,215 | Hotel Apartment | Studio | 341 ft² | — | 619 |
| 11 Mar 2025 | 199,274 | Hotel Apartment | Studio | 321 ft² | — | 621 |
| 10 Mar 2025 | 192,795 | Hotel Apartment | Studio | 311 ft² | — | 620 |
| 2 Jul 2024 | 608,800 | Hotel Apartment | Studio | 359 ft² | — | 1,696 |
| 20 May 2024 | 1,250,000 | Hotel Apartment | Studio | 321 ft² | — | 3,894 |
| 23 Nov 2023 | 610,679 | Hotel Apartment | Studio | 309 ft² | — | 1,976 |
| 22 Nov 2023 | 586,758 | Hotel Apartment | Studio | 321 ft² | — | 1,828 |
| 22 Aug 2023 | 702,223 | Hotel Apartment | Studio | 298 ft² | — | 2,356 |
5 Feb 2026
520,000
StudioHotel Apartment
321 ft²
—
1,620
19 Dec 2025
375,000
StudioHotel Apartment
301 ft²
—
1,246
12 Nov 2025
330,000
StudioHotel Apartment
293 ft²
—
1,126
12 Nov 2025
330,000
StudioHotel Apartment
298 ft²
—
1,107
12 Mar 2025
186,855
StudioHotel Apartment
301 ft²
—
621
11 Mar 2025
199,807
StudioHotel Apartment
322 ft²
—
621
11 Mar 2025
225,965
StudioHotel Apartment
364 ft²
—
621
11 Mar 2025
211,215
StudioHotel Apartment
341 ft²
—
619
11 Mar 2025
199,274
StudioHotel Apartment
321 ft²
—
621
10 Mar 2025
192,795
StudioHotel Apartment
311 ft²
—
620
2 Jul 2024
608,800
StudioHotel Apartment
359 ft²
—
1,696
20 May 2024
1,250,000
StudioHotel Apartment
321 ft²
—
3,894
23 Nov 2023
610,679
StudioHotel Apartment
309 ft²
—
1,976
22 Nov 2023
586,758
StudioHotel Apartment
321 ft²
—
1,828
22 Aug 2023
702,223
StudioHotel Apartment
298 ft²
—
2,356
A little more context
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All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 15 most recent sales transactions
What's Available for Park Lane Tower
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
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FAQ
Park Lane Tower is a mixed-use development suiting investors and professionals seeking proximity to the Business Bay commercial hub. The building divides its 37 floors between commercial office spaces on the lower levels and hotel suites on the upper floors, making it a functional choice for work-life integration.
Part of the Business Bay district, the tower sits along the Dubai Canal within a central professional and residential hub. It is positioned near major road networks including Sheikh Zayed Road, providing access to surrounding areas like Downtown Dubai.
A dedicated business centre and conference facilities sit alongside leisure amenities including an outdoor swimming pool, a kid's pool, and separate spas for men and women. These support both the professional needs of office tenants and the lifestyle requirements of hotel suite residents.
The tower sits within walking distance of the Business Bay Metro Station on the Red Line. Residents and office users can typically reach the station on foot in a short time.
