In short
Lyra Bay is an off-plan apartment project in Business Bay, Dubai by Azizi Developments. Units start from AED 1,340,000 with a Post-handover 50/50 payment plan and handover in Q4 2029.
Quick facts
- Developer
- Azizi Developments
- Location
- Business Bay, Dubai
- Property type
- Apartment
- Starting price
- AED 1,340,000
- Avg. price / sq ft
- AED 2,060
- Payment plan
- Post-handover 50/50
- Handover
- Q4 2029
- Total units
- 284
- Service charge
- AED 18 / sq ft / year
- Ownership
- Freehold
- Project no.
- DEMO-P9905
Payment plan: Post-handover 50/50
- 10% On booking
- 40% During construction
- 50% Over 3 years after handover
Unit types and prices
| Unit | Size (sq ft) | From |
|---|---|---|
| 1 Bedroom | 650–900 | AED 1,340,000 |
| 2 Bedroom | 1,050–1,400 | AED 2,160,000 |
| 3 Bedroom | 1,500–2,000 | AED 3,090,000 |
| 4 Bedroom | 2,300–3,200 | AED 4,740,000 |
Prices last updated November 9, 2026. Subject to availability.
Overview
Lyra Bay brings new apartment homes by Azizi Developments to Business Bay, Dubai. A canal-side business and residential district next to Downtown with strong short-term rental demand.
Why buy at Lyra Bay?
Buyers choose off-plan for staged payments, launch pricing and brand-new homes. Payments are made into a regulated escrow account and released to the developer as construction progresses.
What to check before you book
Compare the payment plan with your cash flow, confirm the service charge estimate, and read the sale and purchase agreement for handover and delay clauses.
Demo listing — fictional project for theme preview.
Amenities
- Concierge
- Gym
- Jogging track
- Maid’s room
- Sea view
- Smart home
- Swimming pool
Available now in this project
AED 4,380,000
3 Bed Penthouse for Sale in Business Bay
Business Bay, Dubai
- 3 beds
- 4 baths
- 2,029 sq ft
AED 139,000 / year
1 Bed Apartment for Rent in Business Bay
Business Bay, Dubai
- 1 bed
- 1 bath
- 1,041 sq ft
FAQ
Frequently asked questions
What is the starting price of Lyra Bay?
Units start from AED 1,340,000. Prices change with availability; ask for the latest price list.
What is the payment plan for Lyra Bay?
The payment plan is Post-handover 50/50: 10% on booking, 40% during construction, 50% over 3 years after handover.
When is the handover of Lyra Bay?
Handover is scheduled for Q4 2029, subject to construction progress.
Who is the developer of Lyra Bay?
Lyra Bay is developed by Azizi Developments.
Where is Lyra Bay?
The project is located in Business Bay, Dubai.