ReadyReady building · Dubai Properties
Bay Square - 07, Business Bay
Highlights
Bay Square - 07 at a glance
About Bay Square - 07
Bay Square - 07 is a mixed-use building in Business Bay, Dubai, developed by Dubai Properties. It holds about 75 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. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,230 per sq ft.
Bay Square - 07 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 4,850 sq ft
- Views: Fountain, Burj Khalifa, Community
- Service charge from AED 16.24 per sq ft
- Business Bay metro station 2.1 km away
- Status
- Ready
- Developer
- Dubai Properties
- Location
- Business Bay, Dubai
- Completed
- Q3 2014
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 685.0K
- Median price per sq ft
- AED 1,230
- Median gross yield
- 7.0%
- Service charge
- AED 16.24 per sq ft (2018)
- Nearest metro
- District 1 near High Speed Rail line, 0.9 km
Building details
Inside Bay Square - 07
Properties in Bay Square - 07
Studios in Bay Square - 07
There are about 8 of these in Bay Square - 07, from 560 to 690 sq ft. None has sold recently enough to quote a price.
1-bedroom apartments in Bay Square - 07
There are about 9 of these in Bay Square - 07, from 1,180 to 1,590 sq ft. None has sold recently enough to quote a price.
Commercial units in Bay Square - 07
There are about 58 of these in Bay Square - 07, from 900 to 4,850 sq ft. They have recently sold for a median of AED 7.9M, or AED 5,010 per sq ft.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 8 | 560 sqft52 sqmt – 690 sqft64.1 sqmt | No recent sales | AED 58K |
| 1 Bed | 9 | 1,180 sqft109.6 sqmt – 1,590 sqft147.7 sqmt | No recent sales | AED 115K |
| Commercial | 58 | 900 sqft83.6 sqmt – 4,850 sqft450.6 sqmt | AED 7.9M | – |
Sale trends in Bay Square - 07
Median sale price
AED 1.3M
Median per sq ft
AED 1,230
Median gross yield
7.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 1.3M to AED 1.9M (1,179 to 1,586 sq ft), across 11 sales
- Studios: AED 730.0K to AED 1.1M (563 to 692 sq ft), across 9 sales
Rental trends in Bay Square - 07
A recent 1-bedroom contract in Bay Square - 07 was let for AED 115.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 115.0K a year (1,586 sq ft)
- Studios: AED 58.0K a year (563 sq ft)
Recent transactions in Bay Square - 07
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Bay Square 7, Business BayReadyApartment | AED 1,900,000AED 1,221 /sqftAED 13,143 /sqmt | 1,556 sqft144.6 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,460,000AED 1,238 /sqftAED 13,326 /sqmt | 1,179 sqft109.5 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,283,000AED 1,047 /sqftAED 11,270 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,600,000AED 1,028 /sqftAED 11,065 /sqmt | 1,556 sqft144.6 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,600,000AED 1,009 /sqftAED 10,861 /sqmt | 1,586 sqft147.3 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,332,800AED 1,089 /sqftAED 11,722 /sqmt | 1,224 sqft113.7 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,383,000AED 872 /sqftAED 9,386 /sqmt | 1,586 sqft147.3 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,415,000AED 909 /sqftAED 9,784 /sqmt | 1,556 sqft144.6 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,320,000AED 1,078 /sqftAED 11,603 /sqmt | 1,224 sqft113.7 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,300,000AED 1,061 /sqftAED 11,421 /sqmt | 1,225 sqft113.8 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 875,000AED 1,279 /sqftAED 13,767 /sqmt | 684 sqft63.5 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 730,000AED 1,067 /sqftAED 11,485 /sqmt | 684 sqft63.5 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,475,000AED 1,251 /sqftAED 13,466 /sqmt | 1,179 sqft109.5 sqmt1 Bed | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,145,000AED 2,034 /sqftAED 21,894 /sqmt | 563 sqft52.3 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,037,205AED 1,501 /sqftAED 16,157 /sqmt | 691 sqft64.2 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,026,720AED 1,501 /sqftAED 16,157 /sqmt | 684 sqft63.5 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,026,720AED 1,501 /sqftAED 16,157 /sqmt | 684 sqft63.5 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 1,037,850AED 1,500 /sqftAED 16,146 /sqmt | 692 sqft64.3 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 845,070AED 1,501 /sqftAED 16,157 /sqmt | 563 sqft52.3 sqmtStudio | Owner |
| Bay Square 7, Business BayReadyApartment | AED 845,000AED 1,501 /sqftAED 16,157 /sqmt | 563 sqft52.3 sqmtStudio | Owner |
Bay Square 7
Business Bay
AED 1.9M
AED 1,221 /sqftAED 13,143 /sqmt
ReadyApartment1,556 sqft144.6 sqmt1 BedOwner1 Sept 2025Bay Square 7
Business Bay
AED 1.5M
AED 1,238 /sqftAED 13,326 /sqmt
ReadyApartment1,179 sqft109.5 sqmt1 BedOwner30 Jun 2025Bay Square 7
Business Bay
AED 1.3M
AED 1,047 /sqftAED 11,270 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner15 Jul 2024Bay Square 7
Business Bay
AED 1.6M
AED 1,028 /sqftAED 11,065 /sqmt
ReadyApartment1,556 sqft144.6 sqmt1 BedOwner4 Apr 2024Bay Square 7
Business Bay
AED 1.6M
AED 1,009 /sqftAED 10,861 /sqmt
ReadyApartment1,586 sqft147.3 sqmt1 BedOwner4 Apr 2024Bay Square 7
Business Bay
AED 1.3M
AED 1,089 /sqftAED 11,722 /sqmt
ReadyApartment1,224 sqft113.7 sqmt1 BedOwner2 Apr 2024Bay Square 7
Business Bay
AED 1.4M
AED 872 /sqftAED 9,386 /sqmt
ReadyApartment1,586 sqft147.3 sqmt1 BedOwner2 Apr 2024Bay Square 7
Business Bay
AED 1.4M
AED 909 /sqftAED 9,784 /sqmt
ReadyApartment1,556 sqft144.6 sqmt1 BedOwner2 Apr 2024Bay Square 7
Business Bay
AED 1.3M
AED 1,078 /sqftAED 11,603 /sqmt
ReadyApartment1,224 sqft113.7 sqmt1 BedOwner13 Mar 2024Bay Square 7
Business Bay
AED 1.3M
AED 1,061 /sqftAED 11,421 /sqmt
ReadyApartment1,225 sqft113.8 sqmt1 BedOwner22 Nov 2023Bay Square 7
Business Bay
AED 875K
AED 1,279 /sqftAED 13,767 /sqmt
ReadyApartment684 sqft63.5 sqmtStudioOwner13 Jun 2023Bay Square 7
Business Bay
AED 730K
AED 1,067 /sqftAED 11,485 /sqmt
ReadyApartment684 sqft63.5 sqmtStudioOwner9 Aug 2022Bay Square 7
Business Bay
AED 1.5M
AED 1,251 /sqftAED 13,466 /sqmt
ReadyApartment1,179 sqft109.5 sqmt1 BedOwner19 Nov 2015Bay Square 7
Business Bay
AED 1.1M
AED 2,034 /sqftAED 21,894 /sqmt
ReadyApartment563 sqft52.3 sqmtStudioOwner16 Nov 2015Bay Square 7
Business Bay
AED 1M
AED 1,501 /sqftAED 16,157 /sqmt
ReadyApartment691 sqft64.2 sqmtStudioOwner25 Oct 2015Bay Square 7
Business Bay
AED 1M
AED 1,501 /sqftAED 16,157 /sqmt
ReadyApartment684 sqft63.5 sqmtStudioOwner29 Jul 2015Bay Square 7
Business Bay
AED 1M
AED 1,501 /sqftAED 16,157 /sqmt
ReadyApartment684 sqft63.5 sqmtStudioOwner29 Jul 2015Bay Square 7
Business Bay
AED 1M
AED 1,500 /sqftAED 16,146 /sqmt
ReadyApartment692 sqft64.3 sqmtStudioOwner29 Jul 2015Bay Square 7
Business Bay
AED 845.1K
AED 1,501 /sqftAED 16,157 /sqmt
ReadyApartment563 sqft52.3 sqmtStudioOwner13 Jul 2015Bay Square 7
Business Bay
AED 845K
AED 1,501 /sqftAED 16,157 /sqmt
ReadyApartment563 sqft52.3 sqmtStudioOwner2 Jul 2015
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Bay Square 7, Business BayApartmentNew contract | AED 115,000 | 1,586 sqft147.3 sqmt1 Bed | to |
| Bay Square 7, Business BayApartmentNew contract | AED 58,000 | 563 sqft52.3 sqmtStudio | to |
Bay Square 7
Business Bay
AED 115K/yr
ApartmentNew contract1,586 sqft147.3 sqmt1 BedtoBay Square 7
Business Bay
AED 58K/yr
ApartmentNew contract563 sqft52.3 sqmtStudioto
Every sale in Bay Square - 07Every rent contract in Bay Square - 07
Service charges in Bay Square - 07
The 2018 service charge in Bay Square - 07 is AED 23.96 per sq ft for commercial units, AED 23.96 per sq ft for offices, AED 16.24 per sq ft for homes, AED 23.42 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 16.24 | 1,180 sqft109.6 sqmt – 1,590 sqft147.7 sqmt | AED 19,163 – AED 25,822 |
| Commercial (2018) | AED 23.96 | 900 sqft83.6 sqmt – 4,850 sqft450.6 sqmt | AED 21,564 – AED 116,206 |
| Offices (2018) | AED 23.96 | 900 sqft83.6 sqmt – 4,850 sqft450.6 sqmt | AED 21,564 – AED 116,206 |
| Retail (2018) | AED 23.42 | 900 sqft83.6 sqmt – 4,850 sqft450.6 sqmt | AED 21,078 – AED 113,587 |
| Studio Apartment (2018) | AED 16.24 | 560 sqft52 sqmt – 690 sqft64.1 sqmt | AED 9,094 – AED 11,206 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Bay Square - 07
Transportation near Bay Square - 07
The nearest Dubai Metro station from Bay Square - 07 is Business Bay (red line, 2.1 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, 1 km, about 12 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 · 1 km · about 12 min walk
- Business Bay InterchangeGolden line · 2.1 km · about 6 min drive
- Business BayRed line · 2.1 km · about 6 min drive
- Burj Khalifa/Dubai MallRed line · 2.1 km · about 6 min drive
- District 1Golden line · 2.8 km · about 8 min drive
Shopping and groceries near Bay Square - 07
The closest is Spinneys / south bridge downtowne Dubai, 0.4 km from Bay Square - 07 (about 5 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 0.4 km · about 5 min walk
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.1 km · about 13 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
- Dubai MallShopping Mall · 1.4 km · about 5 min drive
- Spinneys / The Executive TowersSupermarket · 1.6 km · about 5 min drive
Restaurants and hotels near Bay Square - 07
The closest is Al Manzil Hotel, 0.7 km from Bay Square - 07 (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
- The Address HotelHotel · 1.1 km · about 13 min walk
- Maward RestaurantRestaurant · 1.1 km · about 13 min walk
- Qamardeen HotelHotel · 1.2 km · about 14 min walk
Hospitals and clinics near Bay Square - 07
The closest is Al Amal Hospital, 3 km from Bay Square - 07 (about 8 min drive).
- Al Amal HospitalHospital · 3 km · about 8 min drive
- Medcare HospitalHospital · 3.8 km · about 10 min drive
- Internationl Medical CenterHospital · 4.4 km · about 11 min drive
- Emirates HospitalHospital · 4.5 km · about 11 min drive
- Manchester ClinicHospital · 5 km · about 12 min drive
Parks and leisure near Bay Square - 07
The closest is Al Quoz Pond Park, 2.6 km from Bay Square - 07 (about 7 min drive).
- Al Quoz Pond ParkPark · 2.6 km · about 7 min drive
- Dubai Bowling CentreSports Academy · 2.7 km · about 7 min drive
- Safa ParkPark · 3.4 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 - 07
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 · 2.5 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
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.7 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Bay Square - 07 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Bay Square - 07
In its favour
- A median gross yield of 7.0% 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 23.96 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 - 07
These brokers handle sales and lettings in Bay Square - 07 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 - 07: questions answered
Buying, selling or renting in Bay Square - 07?
A broker who works Business Bay will tell you what is available and what comparable homes went for.