ReadyReady 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
- Status
- Ready
- Developer
- Dubai Properties
- Location
- Business Bay, Dubai
- Completed
- Q3 2014
- Unit types
- 1 Bed, 4 Beds, Commercial
- Prices from
- AED 1.3M
- Median price per sq ft
- AED 1,308
- Median gross yield
- 6.3%
- Service charge
- 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 type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 1 | 1,180 sqft109.6 sqmt | No recent sales | – |
| 4 Beds | 9 | 1,220 sqft113.3 sqmt – 1,590 sqft147.7 sqmt | AED 2.5M | AED 110K |
| Commercial | 74 | 1,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmt | AED 4.4M | – |
Sale trends in Bay Square - 12
Median sale price
AED 1.7M
Median per sq ft
AED 1,308
Median gross yield
6.3%
Price ranges from the most recent registered sales, by unit type:
- 4-bedroom apartments: AED 1.3M to AED 2.5M (1,222 to 1,591 sq ft), across 18 sales
- 1-bedroom apartments: AED 1.2M to AED 1.3M (1,180 sq ft), across 2 sales
Rental trends in Bay Square - 12
A recent 4-bedroom contract in Bay Square - 12 was let for AED 110.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 4-bedroom apartments: AED 110.0K a year (1,222 sq ft)
Recent transactions in Bay Square - 12
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Bay Square 12, Business BayReadyApartment | AED 2,500,000AED 1,572 /sqftAED 16,921 /sqmt | 1,590 sqft147.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 2,100,000AED 1,716 /sqftAED 18,471 /sqmt | 1,224 sqft113.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 1,220,000AED 1,034 /sqftAED 11,130 /sqmt | 1,180 sqft109.6 sqmt1 Bed | Owner |
| Bay Square 12, Business BayReadyApartment | AED 2,000,000AED 1,258 /sqftAED 13,541 /sqmt | 1,590 sqft147.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 1,331,922AED 1,088 /sqftAED 11,711 /sqmt | 1,224 sqft113.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 2,050,000AED 1,313 /sqftAED 14,133 /sqmt | 1,561 sqft145 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 1,450,000AED 1,115 /sqftAED 12,002 /sqmt | 1,300 sqft120.8 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 2,450,000AED 1,541 /sqftAED 16,587 /sqmt | 1,590 sqft147.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 1,730,000AED 1,416 /sqftAED 15,242 /sqmt | 1,222 sqft113.5 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 1,414,000AED 1,157 /sqftAED 12,454 /sqmt | 1,222 sqft113.5 sqmt4 Beds | Developer |
| Bay Square 12, Business BayReadyApartment | AED 1,654,625AED 1,352 /sqftAED 14,553 /sqmt | 1,224 sqft113.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayReadyApartment | AED 1,738,000AED 1,221 /sqftAED 13,143 /sqmt | 1,591 sqft147.8 sqmt4 Beds | Developer |
| Bay Square 12, Business BayReadyApartment | AED 1,456,000AED 1,082 /sqftAED 11,647 /sqmt | 1,561 sqft145 sqmt4 Beds | Developer |
| Bay Square 12, Business BayReadyApartment | AED 1,264,000AED 1,071 /sqftAED 11,528 /sqmt | 1,180 sqft109.6 sqmt1 Bed | Developer |
| Bay Square 12, Business BayReadyApartment | AED 1,414,000AED 1,303 /sqftAED 14,025 /sqmt | 1,224 sqft113.7 sqmt4 Beds | Developer |
| Bay Square 12, Business BayOff-planApartment | AED 1,750,000AED 1,346 /sqftAED 14,488 /sqmt | 1,300 sqft120.8 sqmt4 Beds | Owner |
| Bay Square 12, Business BayOff-planApartment | AED 1,985,350AED 1,475 /sqftAED 15,877 /sqmt | 1,561 sqft145 sqmt4 Beds | Owner |
| Bay Square 12, Business BayOff-planApartment | AED 1,414,000AED 1,303 /sqftAED 14,025 /sqmt | 1,300 sqft120.8 sqmt4 Beds | Developer |
| Bay Square 12, Business BayOff-planApartment | AED 2,100,400AED 1,321 /sqftAED 14,219 /sqmt | 1,590 sqft147.7 sqmt4 Beds | Owner |
| Bay Square 12, Business BayOff-planApartment | AED 1,700,000AED 1,567 /sqftAED 16,867 /sqmt | 1,225 sqft113.8 sqmt4 Beds | Owner |
Bay Square 12
Business Bay
AED 2.5M
AED 1,572 /sqftAED 16,921 /sqmt
ReadyApartment1,590 sqft147.7 sqmt4 BedsOwner30 Jul 2026Bay Square 12
Business Bay
AED 2.1M
AED 1,716 /sqftAED 18,471 /sqmt
ReadyApartment1,224 sqft113.7 sqmt4 BedsOwner28 Jan 2025Bay Square 12
Business Bay
AED 1.2M
AED 1,034 /sqftAED 11,130 /sqmt
ReadyApartment1,180 sqft109.6 sqmt1 BedOwner27 Mar 2024Bay Square 12
Business Bay
AED 2M
AED 1,258 /sqftAED 13,541 /sqmt
ReadyApartment1,590 sqft147.7 sqmt4 BedsOwner8 Jan 2024Bay Square 12
Business Bay
AED 1.3M
AED 1,088 /sqftAED 11,711 /sqmt
ReadyApartment1,224 sqft113.7 sqmt4 BedsOwner25 Dec 2023Bay Square 12
Business Bay
AED 2.1M
AED 1,313 /sqftAED 14,133 /sqmt
ReadyApartment1,561 sqft145 sqmt4 BedsOwner26 Oct 2023Bay Square 12
Business Bay
AED 1.5M
AED 1,115 /sqftAED 12,002 /sqmt
ReadyApartment1,300 sqft120.8 sqmt4 BedsOwner1 Aug 2023Bay Square 12
Business Bay
AED 2.5M
AED 1,541 /sqftAED 16,587 /sqmt
ReadyApartment1,590 sqft147.7 sqmt4 BedsOwner26 Jul 2015Bay Square 12
Business Bay
AED 1.7M
AED 1,416 /sqftAED 15,242 /sqmt
ReadyApartment1,222 sqft113.5 sqmt4 BedsOwner4 May 2015Bay Square 12
Business Bay
AED 1.4M
AED 1,157 /sqftAED 12,454 /sqmt
ReadyApartment1,222 sqft113.5 sqmt4 BedsDeveloper13 Nov 2014Bay Square 12
Business Bay
AED 1.7M
AED 1,352 /sqftAED 14,553 /sqmt
ReadyApartment1,224 sqft113.7 sqmt4 BedsOwner29 Oct 2014Bay Square 12
Business Bay
AED 1.7M
AED 1,221 /sqftAED 13,143 /sqmt
ReadyApartment1,591 sqft147.8 sqmt4 BedsDeveloper27 Oct 2014Bay Square 12
Business Bay
AED 1.5M
AED 1,082 /sqftAED 11,647 /sqmt
ReadyApartment1,561 sqft145 sqmt4 BedsDeveloper27 Oct 2014Bay Square 12
Business Bay
AED 1.3M
AED 1,071 /sqftAED 11,528 /sqmt
ReadyApartment1,180 sqft109.6 sqmt1 BedDeveloper15 Oct 2014Bay Square 12
Business Bay
AED 1.4M
AED 1,303 /sqftAED 14,025 /sqmt
ReadyApartment1,224 sqft113.7 sqmt4 BedsDeveloper29 Sept 2014Bay Square 12
Business Bay
AED 1.8M
AED 1,346 /sqftAED 14,488 /sqmt
Off-planApartment1,300 sqft120.8 sqmt4 BedsOwner23 Jul 2014Bay Square 12
Business Bay
AED 2M
AED 1,475 /sqftAED 15,877 /sqmt
Off-planApartment1,561 sqft145 sqmt4 BedsOwner22 Jul 2014Bay Square 12
Business Bay
AED 1.4M
AED 1,303 /sqftAED 14,025 /sqmt
Off-planApartment1,300 sqft120.8 sqmt4 BedsDeveloper16 Jul 2014Bay Square 12
Business Bay
AED 2.1M
AED 1,321 /sqftAED 14,219 /sqmt
Off-planApartment1,590 sqft147.7 sqmt4 BedsOwner5 Jun 2014Bay Square 12
Business Bay
AED 1.7M
AED 1,567 /sqftAED 16,867 /sqmt
Off-planApartment1,225 sqft113.8 sqmt4 BedsOwner8 May 2014
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Bay Square 12, Business BayApartmentNew contract | AED 110,000 | 1,222 sqft113.5 sqmt4 Beds | to |
Bay Square 12
Business Bay
AED 110K/yr
ApartmentNew contract1,222 sqft113.5 sqmt4 Bedsto
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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2018) | AED 13.99 | 1,180 sqft109.6 sqmt | AED 16,508 – AED 16,508 |
| 4 Beds Apartment (2018) | AED 13.99 | 1,220 sqft113.3 sqmt – 1,590 sqft147.7 sqmt | AED 17,068 – AED 22,244 |
| Commercial (2018) | AED 20.58 | 1,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmt | AED 32,105 – AED 243,667 |
| Offices (2018) | AED 20.58 | 1,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmt | AED 32,105 – AED 243,667 |
| Retail (2018) | AED 20.79 | 1,560 sqft144.9 sqmt – 11,840 sqft1,100 sqmt | AED 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
- Business BayRed 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:
- Ready
Ready- Ready
ReadyOff-plan
Ready
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.
Vishal Vijaykumar Khilwani
Property Advisor
Insha Ulla Khan
Property Advisor
Mohamad Basem Ghalwan
Associate Director
FAQs
Bay Square - 12: questions answered
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.