Business Bay will be a freezone business, commercial and residential district that will cover an area of 64 million square feet (5.95 million square meters). It will be located next to Downtown Dubai (Burj Dubai), between interchange 2 and 3 of Sheikh Zayed Road and extend along a new creek from the edge of Dubai Creek (Ras Al Khor), all the way to Dubai's coast.

Dubai Business Bay is intended to maintain Dubai as the region's business capital and will be similar to New York's Manhattan and Toyko's Ginza business centers. It is intended to provide a conducive environment and infrastructure for businesses from around the world to set up their local, regional and international headquarters. Some of the towers at the Business Bay include The Executive Towers (residential), Al Manara (office tower), and The Citadel (office tower).