ReadyReady building · Dubai Properties
Bay Square - 02, Business Bay
Highlights
Bay Square - 02 at a glance
About Bay Square - 02
Bay Square - 02 is a mixed-use building in Business Bay, Dubai, developed by Dubai Properties. It holds about 94 units: studios, 1-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. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,113 per sq ft.
Bay Square - 02 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: Studio, 1 Bed, Commercial
- Sizes from 560 to 4,470 sq ft
- Views: Fountain, Burj Khalifa, Community
- Features: Gated Community, Shared Spa
- Service charge from AED 13.92 per sq ft
- Business Bay metro station 2 km away
- Status
- Ready
- Developer
- Dubai Properties
- Location
- Business Bay, Dubai
- Completed
- Q3 2014
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 877.0K
- Median price per sq ft
- AED 1,113
- Median gross yield
- 6.2%
- Service charge
- AED 13.92 per sq ft (2018)
- Nearest metro
- Burj Khalifa Road, 0.9 km
Photos of Bay Square - 02
Building details
Inside Bay Square - 02
Facilities in Bay Square - 02
Bay Square - 02 lists 2 features and facilities for its residents.
- Gated Community
- Shared Spa
Properties in Bay Square - 02
Studios in Bay Square - 02
There are about 2 of these in Bay Square - 02, from 560 to 690 sq ft. None has sold recently enough to quote a price.
1-bedroom apartments in Bay Square - 02
There are about 15 of these in Bay Square - 02, from 1,180 to 1,590 sq ft. They have recently sold for a median of AED 1.7M, or AED 1,040 per sq ft.
Commercial units in Bay Square - 02
There are about 77 of these in Bay Square - 02, from 690 to 4,470 sq ft. They have recently sold for a median of AED 7.4M, or AED 4,240 per sq ft. Owners who resold made a median 74% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 2 | 560 sqft52 sqmt – 690 sqft64.1 sqmt | No recent sales | – |
| 1 Bed | 15 | 1,180 sqft109.6 sqmt – 1,590 sqft147.7 sqmt | AED 1.7M | – |
| Commercial | 77 | 690 sqft64.1 sqmt – 4,470 sqft415.3 sqmt | AED 7.4M | – |
Sale trends in Bay Square - 02
Median sale price
AED 1.5M
Median per sq ft
AED 1,113
Median gross yield
6.2%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 1.2M to AED 1.9M (1,180 to 1,590 sq ft), across 16 sales
- Studios: AED 525.0K to AED 1.1M (563 to 692 sq ft), across 4 sales
Recent transactions in Bay Square - 02
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Bay Square 2, Business BayReadyApartment | AED 1,650,000AED 1,038 /sqftAED 11,173 /sqmt | 1,590 sqft147.7 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,790,000AED 1,461 /sqftAED 15,726 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,680,000AED 1,059 /sqftAED 11,399 /sqmt | 1,586 sqft147.3 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,725,000AED 1,109 /sqftAED 11,937 /sqmt | 1,556 sqft144.6 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,650,000AED 1,398 /sqftAED 15,048 /sqmt | 1,180 sqft109.6 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,535,000AED 968 /sqftAED 10,419 /sqmt | 1,586 sqft147.3 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,280,000AED 1,045 /sqftAED 11,248 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,650,000AED 1,038 /sqftAED 11,173 /sqmt | 1,590 sqft147.7 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,228,000AED 1,003 /sqftAED 10,796 /sqmt | 1,224 sqft113.7 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 525,000AED 933 /sqftAED 10,043 /sqmt | 563 sqft52.3 sqmtStudio | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,470,000AED 1,200 /sqftAED 12,917 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,275,000AED 1,041 /sqftAED 11,205 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,400,000AED 1,143 /sqftAED 12,303 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 985,000AED 1,750 /sqftAED 18,837 /sqmt | 563 sqft52.3 sqmtStudio | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,610,000AED 1,364 /sqftAED 14,682 /sqmt | 1,180 sqft109.6 sqmt1 Bed | Developer |
| Bay Square 2, Business BayReadyApartment | AED 1,850,000AED 1,511 /sqftAED 16,264 /sqmt | 1,224 sqft113.7 sqmt1 Bed | Owner |
| Bay Square 2, Business BayReadyApartment | AED 1,070,000AED 1,546 /sqftAED 16,641 /sqmt | 692 sqft64.3 sqmtStudio | Owner |
| Bay Square 2, Business BayReadyApartment | AED 877,000AED 1,558 /sqftAED 16,770 /sqmt | 563 sqft52.3 sqmtStudio | Developer |
| Bay Square 2, Business BayReadyApartment | AED 1,771,000AED 1,117 /sqftAED 12,023 /sqmt | 1,586 sqft147.3 sqmt1 Bed | Developer |
| Bay Square 2, Business BayReadyApartment | AED 1,332,000AED 1,087 /sqftAED 11,700 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Developer |
Bay Square 2
Business Bay
AED 1.7M
AED 1,038 /sqftAED 11,173 /sqmt
ReadyApartment1,590 sqft147.7 sqmt1 BedOwner25 Nov 2025Bay Square 2
Business Bay
AED 1.8M
AED 1,461 /sqftAED 15,726 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner24 Sept 2025Bay Square 2
Business Bay
AED 1.7M
AED 1,059 /sqftAED 11,399 /sqmt
ReadyApartment1,586 sqft147.3 sqmt1 BedOwner17 Mar 2025Bay Square 2
Business Bay
AED 1.7M
AED 1,109 /sqftAED 11,937 /sqmt
ReadyApartment1,556 sqft144.6 sqmt1 BedOwner26 Feb 2025Bay Square 2
Business Bay
AED 1.7M
AED 1,398 /sqftAED 15,048 /sqmt
ReadyApartment1,180 sqft109.6 sqmt1 BedOwner17 Dec 2024Bay Square 2
Business Bay
AED 1.5M
AED 968 /sqftAED 10,419 /sqmt
ReadyApartment1,586 sqft147.3 sqmt1 BedOwner13 Sept 2024Bay Square 2
Business Bay
AED 1.3M
AED 1,045 /sqftAED 11,248 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner3 Apr 2024Bay Square 2
Business Bay
AED 1.7M
AED 1,038 /sqftAED 11,173 /sqmt
ReadyApartment1,590 sqft147.7 sqmt1 BedOwner12 Jan 2023Bay Square 2
Business Bay
AED 1.2M
AED 1,003 /sqftAED 10,796 /sqmt
ReadyApartment1,224 sqft113.7 sqmt1 BedOwner6 Jun 2022Bay Square 2
Business Bay
AED 525K
AED 933 /sqftAED 10,043 /sqmt
ReadyApartment563 sqft52.3 sqmtStudioOwner29 Jun 2020Bay Square 2
Business Bay
AED 1.5M
AED 1,200 /sqftAED 12,917 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner9 Nov 2017Bay Square 2
Business Bay
AED 1.3M
AED 1,041 /sqftAED 11,205 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner26 Oct 2016Bay Square 2
Business Bay
AED 1.4M
AED 1,143 /sqftAED 12,303 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner26 Oct 2016Bay Square 2
Business Bay
AED 985K
AED 1,750 /sqftAED 18,837 /sqmt
ReadyApartment563 sqft52.3 sqmtStudioOwner29 Mar 2016Bay Square 2
Business Bay
AED 1.6M
AED 1,364 /sqftAED 14,682 /sqmt
ReadyApartment1,180 sqft109.6 sqmt1 BedDeveloper6 Dec 2015Bay Square 2
Business Bay
AED 1.9M
AED 1,511 /sqftAED 16,264 /sqmt
ReadyApartment1,224 sqft113.7 sqmt1 BedOwner8 Nov 2015Bay Square 2
Business Bay
AED 1.1M
AED 1,546 /sqftAED 16,641 /sqmt
ReadyApartment692 sqft64.3 sqmtStudioOwner1 Mar 2015Bay Square 2
Business Bay
AED 877K
AED 1,558 /sqftAED 16,770 /sqmt
ReadyApartment563 sqft52.3 sqmtStudioDeveloper19 Nov 2014Bay Square 2
Business Bay
AED 1.8M
AED 1,117 /sqftAED 12,023 /sqmt
ReadyApartment1,586 sqft147.3 sqmt1 BedDeveloper17 Nov 2014Bay Square 2
Business Bay
AED 1.3M
AED 1,087 /sqftAED 11,700 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedDeveloper13 Nov 2014
Every sale in Bay Square - 02Every rent contract in Bay Square - 02
Service charges in Bay Square - 02
The 2018 service charge in Bay Square - 02 is AED 20.49 per sq ft for commercial units, AED 20.49 per sq ft for offices, AED 13.92 per sq ft for homes, AED 20.15 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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2018) | AED 13.92 | 1,180 sqft109.6 sqmt – 1,590 sqft147.7 sqmt | AED 16,426 – AED 22,133 |
| Commercial (2018) | AED 20.49 | 690 sqft64.1 sqmt – 4,470 sqft415.3 sqmt | AED 14,138 – AED 91,590 |
| Offices (2018) | AED 20.49 | 690 sqft64.1 sqmt – 4,470 sqft415.3 sqmt | AED 14,138 – AED 91,590 |
| Retail (2018) | AED 20.15 | 690 sqft64.1 sqmt – 4,470 sqft415.3 sqmt | AED 13,904 – AED 90,071 |
| Studio Apartment (2018) | AED 13.92 | 560 sqft52 sqmt – 690 sqft64.1 sqmt | AED 7,795 – AED 9,605 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Bay Square - 02
Transportation near Bay Square - 02
The nearest Dubai Metro station from Bay Square - 02 is Business Bay (red line, 2 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2 km, about 6 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.9 km, about 11 min walk) and District 1 near High Speed Rail line (golden line, 1 km, about 12 min walk). Most residents will drive or take a taxi to the metro.
- Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
- District 1 near High Speed Rail lineGolden line · 1 km · about 12 min walk
- Business BayRed line · 2 km · about 6 min drive
- Business Bay InterchangeGolden line · 2 km · about 6 min drive
- Burj Khalifa/Dubai MallRed line · 2 km · about 6 min drive
- Financial CentreRed line · 2.9 km · about 8 min drive
Shopping and groceries near Bay Square - 02
The closest is Spinneys / south bridge downtowne Dubai, 0.3 km from Bay Square - 02 (about 4 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 0.3 km · about 4 min walk
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1 km · about 12 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 - 02
The closest is Al Manzil Hotel, 0.7 km from Bay Square - 02 (about 8 min walk).
- Al Manzil HotelHotel · 0.7 km · about 8 min walk
- Vida Hotels and ResortsHotel · 0.7 km · about 8 min walk
- Maward RestaurantRestaurant · 1 km · about 12 min walk
- The Address HotelHotel · 1 km · about 12 min walk
- Qamardeen HotelHotel · 1.1 km · about 13 min walk
Hospitals and clinics near Bay Square - 02
The closest is Al Amal Hospital, 2.9 km from Bay Square - 02 (about 8 min drive).
- Al Amal HospitalHospital · 2.9 km · about 8 min drive
- Medcare HospitalHospital · 3.7 km · about 9 min drive
- Internationl Medical CenterHospital · 4.3 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 - 02
The closest is Al Quoz Pond Park, 2.6 km from Bay Square - 02 (about 7 min drive).
- Al Quoz Pond ParkPark · 2.6 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 - 02
The nearest is Dubai International Private School - Br, 2.4 km away. Ratings are the KHDA's latest inspection grades.
- Dubai International Private School - BrAmerican · KHDA: Good · 2.4 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.4 km
- Global Indian International School L.L.CIndian · KHDA: Good · 2.5 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 2.6 km
- Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.7 km
- Japanese SchoolJapanese · KHDA: Good · 2.7 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Bay Square - 02 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Bay Square - 02
In its favour
- Owners who resold have made money: a median gain of up to 74%.
- A median gross yield of 6.2% 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 20.49 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 - 02
These brokers handle sales and lettings in Bay Square - 02 and can tell you what is available now.
Mohamad Basem Ghalwan
Associate Director
Nazir Abdulazeez
Senior Commercial Expert
Rodolphe Bou Nader
Senior Property Advisor
Aleli Alo
Associate Director
Mayra Alejandra Torres Almonacid
Property Advisor
Aboubakar Njoya Mefire
Sales Director
Vishal Vijaykumar Khilwani
Property Advisor
FAQs
Bay Square - 02: questions answered
Buying, selling or renting in Bay Square - 02?
A broker who works Business Bay will tell you what is available and what comparable homes went for.