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Ready building · Dubai Properties

Bay Square - 12, Business Bay

Highlights

Bay Square - 12 at a glance

About Bay Square - 12

Bay Square - 12 is a mixed-use building in Business Bay, Dubai, developed by Dubai Properties. It holds about 84 units: 1-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Fountain and Burj Khalifa and Community.

The building was completed in 2014 and has been in use for about 12 years. 21 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,308 per sq ft.

Bay Square - 12 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Business Bay, Dubai
  • Developed by Dubai Properties
  • Completed in Q3 2014
  • Unit types: 1 Bed, 4 Beds, Commercial
  • Sizes from 1,180 to 11,840 sq ft
  • Views: Fountain, Burj Khalifa, Community
  • Features: Seafront, Shared Spa
  • Service charge from AED 13.99 per sq ft
  • Burj Khalifa/Dubai Mall metro station 2.1 km away
الحالة
جاهز
المطور
Dubai Properties
الموقع
الخليج التجاري، دبي
مكتمل
Q3 2014
أنواع الوحدات
1 Bed, 4 Beds, Commercial
Prices from
AED 1.3M
متوسط السعر لكل sq ft
AED 1,308
Median gross yield
6.3%
رسوم الخدمات
AED 13.99 per sq ft (2018)
Nearest metro
District 1 near High Speed Rail line, 1 km

Photos of Bay Square - 12

Building details

Inside Bay Square - 12

Facilities in Bay Square - 12

Bay Square - 12 lists 2 features and facilities for its residents.

  • Seafront
  • Shared Spa

Properties in Bay Square - 12

1-bedroom apartments in Bay Square - 12

There are about 1 of these in Bay Square - 12, from 1,180 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Bay Square - 12

There are about 9 of these in Bay Square - 12, from 1,220 to 1,590 sq ft. They have recently sold for a median of AED 2.5M, or AED 1,570 per sq ft. Owners who resold made a median 19% over what they paid.

Commercial units in Bay Square - 12

There are about 74 of these in Bay Square - 12, from 1,560 to 11,840 sq ft. They have recently sold for a median of AED 4.4M, or AED 2,750 per sq ft.

Unit types in Bay Square - 12 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
1 Bed11,180 sqft109.6 sqmtلا توجد مبيعات حديثة–
4 Beds91,220 sqft113.3 sqmt – 1,590 sqft147.7 sqmtAED 2.5MAED 110K
تجاري741,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmtAED 4.4M–

Recent transactions in Bay Square - 12

  • Bay Square 12

    الخليج التجاري

    AED 2.5M

    AED 1,572 /sqftAED 16,921 /sqmt

    جاهزشقة
    1,590 sqft147.7 sqmt4 Bedsالمالك30 Jul 2026
  • Bay Square 12

    الخليج التجاري

    AED 2.1M

    AED 1,716 /sqftAED 18,471 /sqmt

    جاهزشقة
    1,224 sqft113.7 sqmt4 Bedsالمالك28 Jan 2025
  • Bay Square 12

    الخليج التجاري

    AED 1.2M

    AED 1,034 /sqftAED 11,130 /sqmt

    جاهزشقة
    1,180 sqft109.6 sqmt1 Bedالمالك27 Mar 2024
  • Bay Square 12

    الخليج التجاري

    AED 2M

    AED 1,258 /sqftAED 13,541 /sqmt

    جاهزشقة
    1,590 sqft147.7 sqmt4 Bedsالمالك8 Jan 2024
  • Bay Square 12

    الخليج التجاري

    AED 1.3M

    AED 1,088 /sqftAED 11,711 /sqmt

    جاهزشقة
    1,224 sqft113.7 sqmt4 Bedsالمالك25 Dec 2023
  • Bay Square 12

    الخليج التجاري

    AED 2.1M

    AED 1,313 /sqftAED 14,133 /sqmt

    جاهزشقة
    1,561 sqft145 sqmt4 Bedsالمالك26 Oct 2023
  • Bay Square 12

    الخليج التجاري

    AED 1.5M

    AED 1,115 /sqftAED 12,002 /sqmt

    جاهزشقة
    1,300 sqft120.8 sqmt4 Bedsالمالك1 Aug 2023
  • Bay Square 12

    الخليج التجاري

    AED 2.5M

    AED 1,541 /sqftAED 16,587 /sqmt

    جاهزشقة
    1,590 sqft147.7 sqmt4 Bedsالمالك26 Jul 2015
  • Bay Square 12

    الخليج التجاري

    AED 1.7M

    AED 1,416 /sqftAED 15,242 /sqmt

    جاهزشقة
    1,222 sqft113.5 sqmt4 Bedsالمالك4 May 2015
  • Bay Square 12

    الخليج التجاري

    AED 1.4M

    AED 1,157 /sqftAED 12,454 /sqmt

    جاهزشقة
    1,222 sqft113.5 sqmt4 Bedsالمطور13 Nov 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.7M

    AED 1,352 /sqftAED 14,553 /sqmt

    جاهزشقة
    1,224 sqft113.7 sqmt4 Bedsالمالك29 Oct 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.7M

    AED 1,221 /sqftAED 13,143 /sqmt

    جاهزشقة
    1,591 sqft147.8 sqmt4 Bedsالمطور27 Oct 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.5M

    AED 1,082 /sqftAED 11,647 /sqmt

    جاهزشقة
    1,561 sqft145 sqmt4 Bedsالمطور27 Oct 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.3M

    AED 1,071 /sqftAED 11,528 /sqmt

    جاهزشقة
    1,180 sqft109.6 sqmt1 Bedالمطور15 Oct 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.4M

    AED 1,303 /sqftAED 14,025 /sqmt

    جاهزشقة
    1,224 sqft113.7 sqmt4 Bedsالمطور29 Sept 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.8M

    AED 1,346 /sqftAED 14,488 /sqmt

    على المخططشقة
    1,300 sqft120.8 sqmt4 Bedsالمالك23 Jul 2014
  • Bay Square 12

    الخليج التجاري

    AED 2M

    AED 1,475 /sqftAED 15,877 /sqmt

    على المخططشقة
    1,561 sqft145 sqmt4 Bedsالمالك22 Jul 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.4M

    AED 1,303 /sqftAED 14,025 /sqmt

    على المخططشقة
    1,300 sqft120.8 sqmt4 Bedsالمطور16 Jul 2014
  • Bay Square 12

    الخليج التجاري

    AED 2.1M

    AED 1,321 /sqftAED 14,219 /sqmt

    على المخططشقة
    1,590 sqft147.7 sqmt4 Bedsالمالك5 Jun 2014
  • Bay Square 12

    الخليج التجاري

    AED 1.7M

    AED 1,567 /sqftAED 16,867 /sqmt

    على المخططشقة
    1,225 sqft113.8 sqmt4 Bedsالمالك8 May 2014
  • Bay Square 12

    الخليج التجاري

    AED 110K/yr

    شقةعقد جديد
    1,222 sqft113.5 sqmt4 Bedsإلى

Every sale in Bay Square - 12Every rent contract in Bay Square - 12

Service charges in Bay Square - 12

The 2018 service charge in Bay Square - 12 is AED 20.58 per sq ft for commercial units, AED 20.58 per sq ft for offices, AED 13.99 per sq ft for homes, AED 20.79 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Bay Square - 12
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2018)AED 13.991,180 sqft109.6 sqmtAED 16,508 – AED 16,508
4 Beds Apartment (2018)AED 13.991,220 sqft113.3 sqmt – 1,590 sqft147.7 sqmtAED 17,068 – AED 22,244
تجاري (2018)AED 20.581,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmtAED 32,105 – AED 243,667
المكاتب (2018)AED 20.581,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmtAED 32,105 – AED 243,667
تجاري (2018)AED 20.791,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmtAED 32,432 – AED 246,154

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Bay Square - 12

Transportation near Bay Square - 12

The nearest Dubai Metro station from Bay Square - 12 is Burj Khalifa/Dubai Mall (red line, 2.1 km, about 6 min drive), then Business Bay (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1 km, about 12 min walk) and Burj Khalifa Road (golden line, 1.2 km, about 14 min walk). Most residents will drive or take a taxi to the metro.

  • District 1 near High Speed Rail lineGolden line · 1 km · about 12 min walk
  • Burj Khalifa RoadGolden line · 1.2 km · about 14 min walk
  • Burj Khalifa/Dubai MallRed line · 2.1 km · about 6 min drive
  • Business Bay InterchangeGolden line · 2.3 km · about 7 min drive
  • الخليج التجاريRed line · 2.3 km · about 7 min drive
  • District 1Golden line · 2.8 km · about 8 min drive

Shopping and groceries near Bay Square - 12

The closest is Spinneys / south bridge downtowne Dubai, 0.5 km from Bay Square - 12 (about 6 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 0.5 km · about 6 min walk
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.3 km · about 5 min drive
  • Dubai MallShopping Mall · 1.4 km · about 5 min drive
  • Choitram, The Executive TowersSupermarket · 1.8 km · about 6 min drive

Restaurants and hotels near Bay Square - 12

The closest is Al Manzil Hotel, 0.8 km from Bay Square - 12 (about 10 min walk).

  • Al Manzil HotelHotel · 0.8 km · about 10 min walk
  • Vida Hotels and ResortsHotel · 0.9 km · about 11 min walk
  • The Address HotelHotel · 1 km · about 12 min walk
  • Maward RestaurantRestaurant · 1.3 km · about 5 min drive
  • Radisson Blu Hotel, Dubai DowntownHotel · 1.3 km · about 5 min drive

Hospitals and clinics near Bay Square - 12

The closest is Al Amal Hospital, 3.1 km from Bay Square - 12 (about 8 min drive).

  • Al Amal HospitalHospital · 3.1 km · about 8 min drive
  • Medcare HospitalHospital · 4 km · about 10 min drive
  • Internationl Medical CenterHospital · 4.5 km · about 11 min drive
  • Emirates HospitalHospital · 4.6 km · about 11 min drive
  • Manchester ClinicHospital · 5.1 km · about 12 min drive

Parks and leisure near Bay Square - 12

The closest is Al Quoz Pond Park, 2.7 km from Bay Square - 12 (about 7 min drive).

  • Al Quoz Pond ParkPark · 2.7 km · about 7 min drive
  • Dubai Bowling CentreSports Academy · 2.9 km · about 8 min drive
  • Safa ParkPark · 3.6 km · about 9 min drive
  • Meydan TheatreTheatre House · 3.7 km · about 9 min drive
  • Meydan Grandstand and RacecourseStadium · 3.7 km · about 9 min drive

Schools near Bay Square - 12

The nearest is Hartland International School - FZ, 2.5 km away. Ratings are the KHDA's latest inspection grades.

  • Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.5 km
  • Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.6 km
  • North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.6 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 2.6 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.7 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 2.7 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Bay Square - 12 with:

  • 014 Tower, Business Bayجاهز

    014 Tower

    Business Bay · H&H

    Completed 2012

  • 77S, Business Bayعلى المخطط

    77S

    Business Bay · 77 Shades of Green

    Handover 31 Dec 2028 · 14% built

  • AG Tower, Business Bayجاهز

    AG Tower

    Business Bay · Arabian Gulf

    Completed 2021

Things to consider about Bay Square - 12

In its favour

  • An active resale market: 21 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 19%.
  • A median gross yield of 6.3% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 20.79 per sq ft are on the higher side for Dubai.
  • Completed 12 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 2.1 km away, so a car helps.

Specialists

Brokers who know Bay Square - 12

These brokers handle sales and lettings in Bay Square - 12 and can tell you what is available now.

الأسئلة الشائعة

Bay Square - 12: questions answered

Bay Square - 12 was developed by Dubai Properties in Business Bay.

Bay Square - 12 is completed in Q3 2014.

Across its 20 most recent registered sales, Bay Square - 12 sold for a median of AED 1,308 per sq ft and AED 1.7M per unit.

Recent yearly contracts in Bay Square - 12 have a median rent of AED 110.0K.

The median gross yield on recently sold units in Bay Square - 12 is 6.3%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Bay Square - 12 is AED 13.99 per sq ft a year, as registered with the Dubai Land Department.

Bay Square - 12 has 1 Bed (1,180 sq ft), 4 Beds (1,220 to 1,590 sq ft), Commercial (1,560 to 11,840 sq ft).

District 1 near High Speed Rail line is about 1 km from Bay Square - 12.

The nearest schools include Hartland International School - FZ (2.5 km), Jebel Ali School (Br of Taaleem Management (L L C)) (2.6 km), North London Collegiate School Middle East L.L.C - FZ (2.6 km).

Buying, selling or renting in Bay Square - 12?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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