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Bay Square 10, Business Bay

Bay Square 10, Business Bay

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Business Bay, Dubai

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Strengths

Modern architectural design

Prime location

Ample parking space

Weakens

High rental prices

Noise levels

Limited green space

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Buildign Overview

Summary

  • Bay Square 10 is a distinguished commercial and residential building located in the vibrant Business Bay district, known for its dynamic skyline and modern convenience.
  • Strategically situated near prominent landmarks such as the Burj Khalifa and Dubai Mall, Bay Square 10 offers easy access to a wide range of amenities.
  • The building benefits from efficient public transport options, including the Dubai Metro and multiple bus routes, enhancing connectivity.

Properties Overview

  • The building features a mix of upscale apartments and prime office spaces, ideal for both investors and tenants.
  • Popular choices include one and two-bedroom apartments, with average rental prices ranging from AED 70,000 to AED 120,000 per year and sales prices between AED 1.2 million to AED 2 million.
  • Units often include modern finishes and stunning views of the Dubai skyline, making them highly sought after in the current market.

Market Trends

  • Recent trends indicate a steady demand for rentals in Business Bay, with average rental prices experiencing a slight increase of around 5% over the past year.
  • Sales in the area have also shown resilience, with many properties appreciating in value, offering a potential ROI of approximately 6-8% for investors.
  • Looking ahead, the market is expected to continue its upward trajectory due to ongoing infrastructure development and a thriving business environment.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Bay Square 10 is in close proximity to essential services, including supermarkets, reputable schools, and hospitals like the Mediclinic City Hospital and American Hospital Dubai.
  • Additionally, various clinics and pharmacies are conveniently located within a short walking distance.

Transportation and Accessibility

  • Excellent public transport connectivity with the Business Bay Metro Station just a few minutes away.
  • The building includes dedicated parking spaces, ensuring ease of access for both residents and visitors.

Lifestyle Amenities

  • Residents can enjoy a rich lifestyle with access to fitness centers, trendy restaurants, cafes, and recreational spaces within the Bay Square community.
  • Nearby luxury hotels and leisure destinations add to the vibrant ambiance, making it an attractive location for both living and working.

Builing Facilities

  • Features state-of-the-art elevators, round-the-clock security, and central air conditioning services.
  • Regular maintenance is provided to ensure a high quality of life for all residents and tenants.

Special Services

  • The building boasts exceptional services including concierge assistance, business support centers, and guest services for visitors.
  • Unique amenities may include rooftop gardens and recreational rooms, providing added comfort and convenience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Bay Square 10 offers a variety of well-designed floor plans tailored to diverse preferences, featuring both studio and multi-bedroom units.
  • Investors will find flexible layouts that maximize space and functionality.

Things to Consider

  • Before making a decision, consider factors such as proximity to work, amenities, and the building’s community environment.
  • Evaluate budget constraints and potential for return on investment for buyers.

Useful FAQs and Support

Events and Building Life

Building Events

  • Bay Square 10 regularly hosts community events, social gatherings, and networking opportunities, fostering a vibrant community spirit.
  • Residents can engage in various activities, from workshops to seasonal celebrations.

Community Identity

  • The building is characterized by its modern aesthetic and commitment to sustainability, making it a standout choice in Dubai's real estate market.
  • Bay Square 10's blend of work and lifestyle amenities contributes to its unique position as a prime destination for professionals and families alike.

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Detailed Buiding Insights

1. Family Friendliness

Bay Square 10 has several family-friendly amenities, including playgrounds and parks, making it a comfortable environment for families. However, the urban setting may not appeal to all family types.

Moderately Welcoming

2. Living Options

The community offers various living options, ranging from modern apartments to upscale units, catering to different lifestyles and preferences.

Broadly Diverse

3. Safety And Security

Bay Square 10 benefits from top-notch security measures, including CCTV surveillance and security personnel, ensuring residents feel safe at all times.

Remarkably Secure

4. Transportation

The community features easy access to major roadways and public transportation, making commuting to other parts of Dubai exceptionally convenient.

Highly Convenient

5. Amenities And Facilities

Bay Square 10 is equipped with a variety of amenities, including fitness centers, swimming pools, retail shops, and dining options, enhancing residents' quality of life.

Richly Equipped

6. Cost Of Living

The cost of living in Bay Square 10 is above average compared to other regions in Dubai, primarily due to its prime location and luxury offerings.

Relatively High

7. Things To Do

The area is filled with numerous activities, including cultural sites, parks, restaurants, and events, ensuring that residents have plenty of options for leisure and entertainment.

Dynamically Engaging

8. Noise Levels

Being in a bustling urban area, noise levels can fluctuate, especially during peak hours, but many residential units are designed to minimize sound disruption.

Occasionally Noisy

9. Pet Friendliness

While some buildings in Bay Square 10 allow pets, the overall pet-friendliness varies, with limited spaces for pet activities compared to pet-centric communities.

Moderately Accommodating

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Key Information

Developer: Dubai Properties Group

Building Type: Mixed-use

Building Age: 10 years(completed in 2014)

Unit Types : Studios and 1-bedroom apartments | Offices and shops

Floors: 11

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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