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TL;DR: Ghaya Residence is a 34-storey, 131-metre residential tower on Sheikh Zayed Road in the Trade Centre Second district, developed by Al Tayer Real Estate (a division of the Al Tayer Group) and completed in 1997. One of the earliest high-rise residential skyscrapers on Dubai's primary urban spine, the building offers exclusively large-format apartments — 2-bedroom units from 1,314 to 1,358 square feet, 3-bedroom apartments at approximately 2,103 square feet, and 4-bedroom residences spanning 2,604 to 2,700 square feet. Current rental rates range from AED 132,500 per annum for a 2-bedroom to AED 275,000 for a 4-bedroom, with sale prices on the secondary market from AED 805,600 to AED 2,913,680. The tower features an indoor swimming pool, gymnasium, tennis and squash courts, and twice-weekly housekeeping — all within walking distance of Emirates Towers Metro Station, DIFC, and the Museum of the Future.
Ghaya Residence holds a distinctive position in Dubai's residential landscape as one of the pioneering high-rise towers erected on Sheikh Zayed Road during the late 1990s, when the corridor was first being established as the emirate's primary urban spine. Completed in 1997, this 34-storey, 131-metre concrete tower predates the vast majority of Sheikh Zayed Road's current skyline and has witnessed Dubai's transformation from a regional trading hub into a global metropolis from its front-row position on the city's most iconic boulevard.
Developed by Al Tayer Real Estate — the property division of the Al Tayer Group, one of the UAE's most respected privately held conglomerates — Ghaya Residence benefits from the institutional management and long-term ownership commitment that characterises family-controlled Emirati business groups. The building is managed directly by Al Tayer Real Estate, which maintains a portfolio exceeding 2 million square feet of commercial and residential properties across the UAE. Despite being nearly three decades old, Ghaya Residence consistently earns 4.5-4.7 out of 5 star ratings from residents, with verified reviews praising it as "one of the best maintained buildings on Sheikh Zayed Road with excellent management and follow up" (Source: FlatReviews.com, PropertyFinder resident reviews).
Ghaya Residence occupies a premium address at 103 Sheikh Zayed Road within the Trade Centre Second district — a mixed-use neighbourhood bounded by Trade Centre First to the north, Business Bay to the south, and Zabeel to the east. This central position places residents within immediate reach of Dubai's most important commercial and cultural landmarks:
Additional Transport:
The Trade Centre Second district has been designated part of the Dubai Future District, a government initiative formally connecting the Dubai World Trade Centre, Emirates Towers, and DIFC into a unified innovation corridor — enhancing the area's long-term strategic importance and property values.
Ghaya Residence rises 131 metres across 34 floors, constructed entirely in reinforced concrete — the standard structural material for high-rise residential towers of its era. The building's all-concrete construction has proven durable through nearly three decades of Dubai's extreme climate conditions, while the developer's ongoing maintenance investment has preserved the structure's integrity and aesthetic presentation.
Key Architectural Features:
Interior Specifications Across All Units:
The building's design philosophy prioritises space — a hallmark of 1990s-era Dubai residential construction. With the smallest unit (2-bedroom) starting at 1,314 square feet, Ghaya Residence offers significantly more living space per bedroom than most contemporary developments, where 2-bedroom apartments typically range from 900-1,100 square feet.
Ghaya Residence delivers an amenity package that, while reflecting its 1997 vintage, covers the essential lifestyle requirements of its professional and family-oriented resident base:
The twice-weekly housekeeping service deserves particular emphasis as it significantly enhances the living experience and reduces the domestic burden on residents — effectively providing a serviced apartment-like experience within a standard residential lease structure.
Ghaya Residence intentionally omits studios and 1-bedroom apartments from its unit mix, focusing exclusively on large-format family and executive configurations:
| Unit Type | Size (sq ft) | Sale Price (AED) | Annual Rent (AED) | Est. Gross Yield | |-----------|-------------|-----------------|-------------------|------------------| | 2 Bedroom | 1,314 - 1,358 | 805,600 - 1,570,000 | 88,000 - 140,000 | ~7.0-7.4% | | 3 Bedroom + Maid | ~2,103 | 1,500,000 - 1,780,000 | ~215,000 | ~6.5% | | 4 Bedroom + Maid | 2,604 - 2,700 | 2,100,000 - 2,913,680 | 270,000 - 275,000 | ~6.3% |
(Source: PropertyFinder active listings, GetProperty.ae, DLD transaction data December 2024)
Key Pricing Context:
All units are freehold, making them accessible to foreign buyers and investors. The building is fully sold from the developer; only secondary market transactions are available.
Al Tayer Real Estate is the property development and management division of the Al Tayer Group — one of the UAE's most established and diversified privately held conglomerates.
Al Tayer Group:
Al Tayer Real Estate (est. 1995):
The Al Tayer family's stature within Emirati business and government circles — combined with a diversified portfolio spanning luxury automotive, premium retail, and real estate — provides a level of institutional stability and management professionalism that directly benefits Ghaya Residence's long-term value and maintenance standards.
Ghaya Residence offers a distinctive investment profile combining high yields, prime location, and institutional management:

Swimming Pool
Gym
Kids Play Area
24/7 Security
Parking
Retail Outlets
Discover the exceptional location of Ghaya Residence in Sheikh Zayed Road, offering unparalleled access to Dubai's finest destinations.
Get DirectionsGhaya Residence is located in Sheikh Zayed Road. Visit Ghaya Residence location map.
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