The Sterling East House in Business Bay - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in The Sterling East House
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
2
108
24,601
2,657,445
Sales prices for completed properties in The Sterling East House
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
44
27,347
1,200,000
1
91
25,309
2,295,021
Rents in The Sterling East House
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
98
1,510
148,020
The cap rate (rental yield) of investments into The Sterling East House project is 6.0% on average.
The price of an apartment in The Sterling East House is 25,065 AED/sqm on average.
The long term rent of an apartment in The Sterling East House is 1,510 AED/sqm/year on average.
Price for off-plan 2 bedroom apartment in The Sterling East House is 2,657,445 AED or 24,601 AED/sqm.
Price for completed Studio apartment in The Sterling East House is 1,200,000 AED or 27,347 AED/sqm. Price for completed 1 bedroom apartment in The Sterling East House is 2,295,021 AED or 25,309 AED/sqm.
Rent for 1 bedroom apartment in The Sterling East House is 148,020 AED or 1,510 AED/sqm.
About The Sterling East House
'The Sterling East House' in 'Business Bay' area project description
The Sterling East House forms part of The Sterling, a luxury residential twin-tower development by Omniyat in Dubai's Business Bay district. Nestled between Al Asayel Street and Marasi Drive, it overlooks the Dubai Canal, Marasi Marina, and Burj Khalifa, delivering premium urban living with waterfront appeal.
Construction on The Sterling began with pre-work in 2014, paused after site clearing, and relaunched in January 2017. The project reached completion in May 2023, aligning closely with the estimated handover of January 2023.
Omniyat, a leading Dubai developer known for architectural innovation and craftsmanship, spearheads the project. The Sterling's design fuses functional elegance with high-end materials. East House rises 28 storeys to 94 meters, featuring interiors by world-renowned architect Steve Leung - famed for Atlantis The Palm. Architecture by DESIGNyoung and fit-out by Shapoorji Pallonji Group emphasize timeless style, with marble flooring throughout apartments, quartz kitchen countertops, and sleek Bagno Design sanitary ware in master bathrooms equipped with rain showers and bathtubs.
East House hosts 157 units: 26 studios from 529 sq. ft., 70 one-bedroom, 42 two-bedroom around 1,700 sq. ft., 10 three-bedroom up to 2,600 sq. ft., two penthouses, and seven townhouses. Layouts prioritize open spaces, salon lighting, integrated Siemens and SMEG appliances including gas cooktops, ovens, dishwashers, and fridge/freezers, plus breakfast bars and double-sink vanities.
Residents enjoy a 30-meter outdoor swimming pool with deckchairs and cabanas, state-of-the-art gym, landscaped gardens, 24/7 concierge, and security services. Additional perks include a secure lobby, building management, and two retail areas totaling 10,147 sq. ft.
Its prime Business Bay location offers walking access to the Dubai Canal promenade for strolls or waterside leisure. Jumeirah Beach resides about 15-20 minutes away by car via Al Khail Road or Sheikh Zayed Road - both directly linked - passing Downtown Dubai. Dubai International Airport lies 14 minutes' drive east.
Nearby projects enrich the vibrant scene: Business Bay hosts diverse towers with offices, hotels, and residences, alongside Downtown icons like Burj Khalifa District developments. Close neighbors include commercial hubs, restaurants, cafes, and retail along the canal.
Business Bay's market thrives as Dubai's dynamic business-residential core, mirroring Manhattan's energy with strong demand from professionals and families. Its canal-front position, infrastructure, and proximity to key landmarks sustain appeal for luxury living.