Ready building · Dubai Properties

Bay Square - 01, Business Bay

Name: Registered property sales in Bay Square - 01
Creator: Dubai Land Department

Highlights

Bay Square - 01 at a glance

About Bay Square - 01

Bay Square - 01 is a mixed-use building in Business Bay, Dubai, developed by Dubai Properties. It holds about 88 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. 9 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,178 per sq ft.

Bay Square - 01 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 1,030 to 21,330 sq ft
Views: Fountain, Burj Khalifa, Community
Features: Gated Community, Shared Spa
Service charge from AED 13.76 per sq ft
Business Bay metro station 2 km away

Status: Ready
Developer: Dubai Properties
Location: Business Bay, Dubai
Completed: Q3 2014
Unit types: 1 Bed, 4 Beds, Commercial
Prices from: AED 1.1M
Median price per sq ft: AED 1,178
Median gross yield: 6.8%
Service charge: AED 13.76 per sq ft (2018)
Nearest metro: District 1 near High Speed Rail line, 0.9 km

Photos of Bay Square - 01

Building details

Inside Bay Square - 01

Facilities in Bay Square - 01

Bay Square - 01 lists 2 features and facilities for its residents.

Gated Community
Shared Spa

Properties in Bay Square - 01

1-bedroom apartments in Bay Square - 01

There are about 1 of these in Bay Square - 01, from 1,180 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Bay Square - 01

There are about 10 of these in Bay Square - 01, from 1,220 to 1,580 sq ft. None has sold recently enough to quote a price.

Commercial units in Bay Square - 01

There are about 77 of these in Bay Square - 01, from 1,030 to 21,330 sq ft. They have recently sold for a median of AED 5.1M, or AED 3,000 per sq ft.

Unit types in Bay Square - 01 with sizes, median prices and rents
Unit type	Units	Size	Median price	Median rent
1 Bed	1	1,180 sqft109.6 sqmt	No recent sales	AED 100K
4 Beds	10	1,220 sqft113.3 sqmt – 1,580 sqft146.8 sqmt	No recent sales	AED 5K
Commercial	77	1,030 sqft95.7 sqmt – 21,330 sqft1,981.6 sqmt	AED 5.1M	–

Sale trends in Bay Square - 01

Median sale price

AED 1.7M

Median per sq ft

AED 1,178

Median gross yield

6.8%

Price ranges from the most recent registered sales, by unit type:

4-bedroom apartments: AED 880.0K to AED 2.3M (1,224 to 1,584 sq ft), across 19 sales
1-bedroom apartments: one sale at AED 1.3M (1,179 sq ft)

Rental trends in Bay Square - 01

4-bedroom homes in Bay Square - 01 were let for AED 5.0K to AED 5.0K a year across 2 recent contracts, with a median of AED 5.0K.

Yearly rents from recent registered contracts, by unit type:

4-bedroom apartments: AED 5.0K to AED 5.0K a year (1,312 sq ft), across 2 contracts
1-bedroom apartments: AED 100.0K a year (1,179 sq ft)

Recent transactions in Bay Square - 01

Recent registered sales in Bay Square - 01
LocationStatus and unit	PricePer sqftPer sqmt	SpecsSize and bedrooms	DateSold by
Bay Square 1, Business BayReadyApartment	AED 1,700,000AED 1,389 /sqftAED 14,951 /sqmt	1,224 sqft113.7 sqmt4 Beds	13 Jun 2025Owner
Bay Square 1, Business BayReadyApartment	AED 2,000,000AED 1,280 /sqftAED 13,778 /sqmt	1,563 sqft145.2 sqmt4 Beds	18 Apr 2025Owner
Bay Square 1, Business BayReadyApartment	AED 1,820,000AED 1,164 /sqftAED 12,529 /sqmt	1,563 sqft145.2 sqmt4 Beds	23 Oct 2023Owner
Bay Square 1, Business BayReadyApartment	AED 1,725,000AED 1,104 /sqftAED 11,883 /sqmt	1,563 sqft145.2 sqmt4 Beds	14 Apr 2023Owner
Bay Square 1, Business BayReadyApartment	AED 1,380,000AED 1,052 /sqftAED 11,324 /sqmt	1,312 sqft121.9 sqmt4 Beds	28 Oct 2022Owner
Bay Square 1, Business BayReadyApartment	AED 1,100,000AED 704 /sqftAED 7,578 /sqmt	1,563 sqft145.2 sqmt4 Beds	16 Dec 2020Developer
Bay Square 1, Business BayReadyApartment	AED 1,180,000AED 755 /sqftAED 8,127 /sqmt	1,563 sqft145.2 sqmt4 Beds	9 Aug 2020Owner
Bay Square 1, Business BayReadyApartment	AED 880,000AED 719 /sqftAED 7,739 /sqmt	1,224 sqft113.7 sqmt4 Beds	23 Jul 2020Owner
Bay Square 1, Business BayReadyApartment	AED 1,750,000AED 1,430 /sqftAED 15,392 /sqmt	1,224 sqft113.7 sqmt4 Beds	2 May 2017Developer
Bay Square 1, Business BayReadyApartment	AED 1,850,000AED 1,410 /sqftAED 15,177 /sqmt	1,312 sqft121.9 sqmt4 Beds	1 Sept 2016Owner
Bay Square 1, Business BayReadyApartment	AED 1,900,000AED 1,546 /sqftAED 16,641 /sqmt	1,229 sqft114.2 sqmt4 Beds	22 Sept 2015Owner
Bay Square 1, Business BayReadyApartment	AED 2,300,000AED 1,753 /sqftAED 18,869 /sqmt	1,312 sqft121.9 sqmt4 Beds	7 Apr 2015Owner
Bay Square 1, Business BayReadyApartment	AED 2,116,000AED 1,336 /sqftAED 14,381 /sqmt	1,584 sqft147.2 sqmt4 Beds	12 Jan 2015Owner
Bay Square 1, Business BayReadyApartment	AED 1,400,000AED 1,139 /sqftAED 12,260 /sqmt	1,229 sqft114.2 sqmt4 Beds	15 Dec 2014Developer
Bay Square 1, Business BayReadyApartment	AED 1,794,161AED 1,575 /sqftAED 16,953 /sqmt	1,224 sqft113.7 sqmt4 Beds	26 Nov 2014Owner
Bay Square 1, Business BayReadyApartment	AED 1,880,000AED 1,387 /sqftAED 14,930 /sqmt	1,563 sqft145.2 sqmt4 Beds	24 Nov 2014Owner
Bay Square 1, Business BayReadyApartment	AED 1,413,000AED 1,085 /sqftAED 11,679 /sqmt	1,302 sqft121 sqmt4 Beds	19 Nov 2014Owner
Bay Square 1, Business BayReadyApartment	AED 1,303,348AED 1,105 /sqftAED 11,894 /sqmt	1,179 sqft109.5 sqmt1 Bed	17 Nov 2014Developer
Bay Square 1, Business BayReadyApartment	AED 1,676,000AED 1,058 /sqftAED 11,388 /sqmt	1,584 sqft147.2 sqmt4 Beds	10 Nov 2014Owner
Bay Square 1, Business BayReadyApartment	AED 1,356,682AED 1,191 /sqftAED 12,820 /sqmt	1,224 sqft113.7 sqmt4 Beds	27 Oct 2014Owner

Bay Square 1
Business Bay
AED 1.7M
AED 1,389 /sqftAED 14,951 /sqmt
ReadyApartment
1,224 sqft113.7 sqmt4 BedsOwner13 Jun 2025
Bay Square 1
Business Bay
AED 2M
AED 1,280 /sqftAED 13,778 /sqmt
ReadyApartment
1,563 sqft145.2 sqmt4 BedsOwner18 Apr 2025
Bay Square 1
Business Bay
AED 1.8M
AED 1,164 /sqftAED 12,529 /sqmt
ReadyApartment
1,563 sqft145.2 sqmt4 BedsOwner23 Oct 2023
Bay Square 1
Business Bay
AED 1.7M
AED 1,104 /sqftAED 11,883 /sqmt
ReadyApartment
1,563 sqft145.2 sqmt4 BedsOwner14 Apr 2023
Bay Square 1
Business Bay
AED 1.4M
AED 1,052 /sqftAED 11,324 /sqmt
ReadyApartment
1,312 sqft121.9 sqmt4 BedsOwner28 Oct 2022
Bay Square 1
Business Bay
AED 1.1M
AED 704 /sqftAED 7,578 /sqmt
ReadyApartment
1,563 sqft145.2 sqmt4 BedsDeveloper16 Dec 2020
Bay Square 1
Business Bay
AED 1.2M
AED 755 /sqftAED 8,127 /sqmt
ReadyApartment
1,563 sqft145.2 sqmt4 BedsOwner9 Aug 2020
Bay Square 1
Business Bay
AED 880K
AED 719 /sqftAED 7,739 /sqmt
ReadyApartment
1,224 sqft113.7 sqmt4 BedsOwner23 Jul 2020
Bay Square 1
Business Bay
AED 1.8M
AED 1,430 /sqftAED 15,392 /sqmt
ReadyApartment
1,224 sqft113.7 sqmt4 BedsDeveloper2 May 2017
Bay Square 1
Business Bay
AED 1.9M
AED 1,410 /sqftAED 15,177 /sqmt
ReadyApartment
1,312 sqft121.9 sqmt4 BedsOwner1 Sept 2016
Bay Square 1
Business Bay
AED 1.9M
AED 1,546 /sqftAED 16,641 /sqmt
ReadyApartment
1,229 sqft114.2 sqmt4 BedsOwner22 Sept 2015
Bay Square 1
Business Bay
AED 2.3M
AED 1,753 /sqftAED 18,869 /sqmt
ReadyApartment
1,312 sqft121.9 sqmt4 BedsOwner7 Apr 2015
Bay Square 1
Business Bay
AED 2.1M
AED 1,336 /sqftAED 14,381 /sqmt
ReadyApartment
1,584 sqft147.2 sqmt4 BedsOwner12 Jan 2015
Bay Square 1
Business Bay
AED 1.4M
AED 1,139 /sqftAED 12,260 /sqmt
ReadyApartment
1,229 sqft114.2 sqmt4 BedsDeveloper15 Dec 2014
Bay Square 1
Business Bay
AED 1.8M
AED 1,575 /sqftAED 16,953 /sqmt
ReadyApartment
1,224 sqft113.7 sqmt4 BedsOwner26 Nov 2014
Bay Square 1
Business Bay
AED 1.9M
AED 1,387 /sqftAED 14,930 /sqmt
ReadyApartment
1,563 sqft145.2 sqmt4 BedsOwner24 Nov 2014
Bay Square 1
Business Bay
AED 1.4M
AED 1,085 /sqftAED 11,679 /sqmt
ReadyApartment
1,302 sqft121 sqmt4 BedsOwner19 Nov 2014
Bay Square 1
Business Bay
AED 1.3M
AED 1,105 /sqftAED 11,894 /sqmt
ReadyApartment
1,179 sqft109.5 sqmt1 BedDeveloper17 Nov 2014
Bay Square 1
Business Bay
AED 1.7M
AED 1,058 /sqftAED 11,388 /sqmt
ReadyApartment
1,584 sqft147.2 sqmt4 BedsOwner10 Nov 2014
Bay Square 1
Business Bay
AED 1.4M
AED 1,191 /sqftAED 12,820 /sqmt
ReadyApartment
1,224 sqft113.7 sqmt4 BedsOwner27 Oct 2014

Recent registered rent contracts in Bay Square - 01
LocationContract and unit	Annual rentAED a year	SpecsSize and bedrooms	Contract dateStart – End
Bay Square 1, Business BayApartmentNew contract	AED 5,000	1,312 sqft121.9 sqmt4 Beds	3 Nov 2026to2 Nov 2031
Bay Square 1, Business BayApartmentNew contract	AED 5,000	1,312 sqft121.9 sqmt4 Beds	3 Nov 2026to2 Nov 2031
Bay Square 1, Business BayApartmentRenewal	AED 100,000	1,179 sqft109.5 sqmt1 Bed	1 Nov 2026to31 Oct 2027

Bay Square 1
Business Bay
AED 5K/yr
ApartmentNew contract
1,312 sqft121.9 sqmt4 Beds3 Nov 2026to2 Nov 2031
Bay Square 1
Business Bay
AED 5K/yr
ApartmentNew contract
1,312 sqft121.9 sqmt4 Beds3 Nov 2026to2 Nov 2031
Bay Square 1
Business Bay
AED 100K/yr
ApartmentRenewal
1,179 sqft109.5 sqmt1 Bed1 Nov 2026to31 Oct 2027

Every sale in Bay Square - 01 Every rent contract in Bay Square - 01

Service charges in Bay Square - 01

The 2018 service charge in Bay Square - 01 is AED 20.23 per sq ft for commercial units, AED 20.23 per sq ft for offices, AED 13.76 per sq ft for homes, AED 26.27 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 - 01
Unit type	Rate per sq ft	Size	Yearly charge
1 Bed Apartment (2018)	AED 13.76	1,180 sqft109.6 sqmt	AED 16,237 – AED 16,237
4 Beds Apartment (2018)	AED 13.76	1,220 sqft113.3 sqmt – 1,580 sqft146.8 sqmt	AED 16,787 – AED 21,741
Commercial (2018)	AED 20.23	1,030 sqft95.7 sqmt – 21,330 sqft1,981.6 sqmt	AED 20,837 – AED 431,506
Offices (2018)	AED 20.23	1,030 sqft95.7 sqmt – 21,330 sqft1,981.6 sqmt	AED 20,837 – AED 431,506
Retail (2018)	AED 26.27	1,030 sqft95.7 sqmt – 21,330 sqft1,981.6 sqmt	AED 27,058 – AED 560,339

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

Nearby amenities

Around Bay Square - 01

Transportation near Bay Square - 01

The nearest Dubai Metro station from Bay Square - 01 is Business Bay (red line, 2 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.1 km, about 6 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 0.9 km, about 11 min walk) and Burj Khalifa Road (golden line, 0.9 km, about 11 min walk). Most residents will drive or take a taxi to the metro.

District 1 near High Speed Rail lineGolden line · 0.9 km · about 11 min walk
Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
Business Bay InterchangeGolden line · 2 km · about 6 min drive
Business BayRed line · 2 km · about 6 min drive
Burj Khalifa/Dubai MallRed line · 2.1 km · about 6 min drive
District 1Golden line · 2.9 km · about 8 min drive

Shopping and groceries near Bay Square - 01

The closest is Spinneys / south bridge downtowne Dubai, 0.3 km from Bay Square - 01 (about 4 min walk).

Spinneys / south bridge downtowne DubaiSupermarket · 0.3 km · about 4 min walk
Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.1 km · about 13 min walk
Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.1 km · about 13 min walk
Dubai MallShopping Mall · 1.4 km · about 5 min drive
Spinneys / The Executive TowersSupermarket · 1.5 km · about 5 min drive

Restaurants and hotels near Bay Square - 01

The closest is Al Manzil Hotel, 0.7 km from Bay Square - 01 (about 8 min walk).

Al Manzil HotelHotel · 0.7 km · about 8 min walk
Vida Hotels and ResortsHotel · 0.8 km · about 10 min walk
Maward RestaurantRestaurant · 1 km · about 12 min walk
The Address HotelHotel · 1.1 km · about 13 min walk
Qamardeen HotelHotel · 1.2 km · about 14 min walk

Hospitals and clinics near Bay Square - 01

The closest is Al Amal Hospital, 3 km from Bay Square - 01 (about 8 min drive).

Al Amal HospitalHospital · 3 km · about 8 min drive
Medcare HospitalHospital · 3.7 km · about 9 min drive
Internationl Medical CenterHospital · 4.4 km · about 11 min drive
Emirates HospitalHospital · 4.4 km · about 11 min drive
Manchester ClinicHospital · 5 km · about 12 min drive

Parks and leisure near Bay Square - 01

The closest is Al Quoz Pond Park, 2.5 km from Bay Square - 01 (about 7 min drive).

Al Quoz Pond ParkPark · 2.5 km · about 7 min drive
Dubai Bowling CentreSports Academy · 2.6 km · about 7 min drive
Safa ParkPark · 3.3 km · about 9 min drive
Falcon Heritage and Sports CentreSports Academy · 3.8 km · about 10 min drive
Meydan TheatreTheatre House · 3.8 km · about 10 min drive

Schools near Bay Square - 01

The nearest is Dubai International Private School - Br, 2.3 km away. Ratings are the KHDA's latest inspection grades.

Dubai International Private School - BrAmerican · KHDA: Good · 2.3 km
GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.4 km
Global Indian International School L.L.CIndian · KHDA: Good · 2.4 km
Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 2.5 km
Japanese SchoolJapanese · KHDA: Good · 2.7 km
Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.7 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Bay Square - 01 with:

Ready
014 Tower
Business Bay · H&H
Completed 2012
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15 Northside Tower 1
Business Bay · Select Group
Completed 2023
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15 Northside Tower 2
Business Bay · Select Group
Completed 2023
Ready
51 @ Business Bay
Business Bay · Deyaar
Completed 2012
Off-plan
77S
Business Bay · 77 Shades of Green
Handover 31 Dec 2028 · 14% built
Ready
AG Tower
Business Bay · Arabian Gulf
Completed 2021

All 257 Business Bay buildings →

Things to consider about Bay Square - 01

In its favour

A median gross yield of 6.8% on recent sales.
Ready to move into or let, with no construction risk.
Several schools within 3 km.

Worth checking

Few sales each year, so a resale can take longer and prices move on a handful of deals.
Service charges of up to AED 26.27 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 km away, so a car helps.

Specialists

Brokers who know Bay Square - 01

These brokers handle sales and lettings in Bay Square - 01 and can tell you what is available now.

Vishal Vijaykumar Khilwani

Property Advisor

Insha Ulla Khan

Property Advisor

Mohamad Basem Ghalwan

Associate Director

FAQs

Bay Square - 01: questions answered

Bay Square - 01 was developed by Dubai Properties in Business Bay.

Bay Square - 01 is completed in Q3 2014.

Across its 20 most recent registered sales, Bay Square - 01 sold for a median of AED 1,178 per sq ft and AED 1.7M per unit.

Recent yearly contracts in Bay Square - 01 have a median rent of AED 5.0K.

The median gross yield on recently sold units in Bay Square - 01 is 6.8%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Bay Square - 01 is AED 13.76 per sq ft a year, as registered with the Dubai Land Department.

Bay Square - 01 has 1 Bed (1,180 sq ft), 4 Beds (1,220 to 1,580 sq ft), Commercial (1,030 to 21,330 sq ft).

District 1 near High Speed Rail line is about 0.9 km from Bay Square - 01.

The nearest schools include Dubai International Private School - Br (2.3 km), GEMS Our Own Indian School (2.4 km), Global Indian International School L.L.C (2.4 km).

All buildings in Business Bay →

Buying, selling or renting in Bay Square - 01?

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

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