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Bay Square 13, Business Bay

Bay Square 13, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Versatile Spaces

Weakens

High Rental Prices

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • Bay Square 13 is an impressive commercial and residential development located in the heart of Business Bay, one of Dubai's most prestigious business districts.
  • It is surrounded by a multitude of amenities including retail shops, dining options, and entertainment venues.
  • The building boasts excellent connectivity via major roads and is close to key public transport links, enhancing its accessibility.
  • Notable nearby landmarks include the Burj Khalifa, Dubai Mall, and the Dubai Water Canal, establishing it as a central hub.

Properties Overview

  • Bay Square 13 features a variety of properties appealing to both renters and buyers, including luxurious apartments with contemporary finishes.
  • Monthly rental prices for two-bedroom apartments range from AED 80,000 to AED 120,000, while sales prices can vary from AED 1.5 million to AED 2.5 million depending on the unit's size and view.
  • The building enjoys high demand due to its prime location, making it one of the sought-after developments in the area.

Market Trends

  • In the past year, rental prices in Business Bay have seen a steady increase of around 5%, while sales prices have appreciated by approximately 8%.
  • Investors can expect attractive returns on investment (ROI) of around 7-8%, driven by the area’s evolving infrastructure and business growth.
  • Future projections suggest continued demand, influenced by ongoing urban development and an influx of expatriates.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents of Bay Square 13 benefit from nearby supermarkets such as Spinneys and Carrefour, offering convenient grocery shopping.
  • The area features reputable educational institutions including the International School of Arts and Sciences as well as healthcare facilities like Mediclinic Dubai Mall.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro with the Business Bay station providing easy access to the wider city.
  • The building offers designated parking spaces, ensuring convenient access for residents and visitors.

Lifestyle Amenities

  • Bay Square 13 is surrounded by an array of lifestyle amenities including state-of-the-art fitness centers, cafes, and restaurants serving diverse cuisines.
  • Residents can enjoy outdoor spaces and recreation areas, ideal for both relaxation and social activities.

Builing Facilities

  • The building is equipped with modern lifts, robust security systems, and central air conditioning to enhance comfort and safety.
  • Maintenance services are readily available, ensuring a hassle-free living environment for all occupants.

Special Services

  • Bay Square 13 offers unique features like concierge services, business lounges, and meeting rooms, catering particularly to corporate residents.
  • Additional amenities such as concierge services and guest facilities add to the building's appeal and convenience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of thoughtfully designed floor plans are available, from one-bedroom apartments to spacious three-bedroom units, catering to different lifestyle needs.

Things to Consider

  • Prospective tenants and buyers should evaluate property size, view, and amenities.
  • Consider proximity to offices, schools, and public transport when making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and gatherings foster a vibrant atmosphere within Bay Square 13, enhancing the sense of belonging among residents.
  • Seasonal celebrations and social mixers are organized to encourage neighborly interactions.

Community Identity

  • Bay Square 13 stands out for its modern architectural design, blending business and lifestyle seamlessly, reflecting the spirit of innovation.
  • The building's identity is further enhanced by its commitment to providing a thriving community and vibrant lifestyle options.

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Detailed Buiding Insights

1. Family Friendliness

Bay Square 13 offers a variety of family-oriented amenities such as parks, playgrounds, and recreational areas. However, the urban environment may not fully cater to every family's needs.

Moderately Welcoming

2. Living Options

The community features a range of living options from modern apartments to luxury residences, making it suitable for various lifestyles and preferences.

Diverse

3. Safety And Security

With 24/7 security surveillance and well-maintained public areas, Bay Square 13 is considered very safe, offering peace of mind to its residents.

Highly Secure

4. Transportation

The area's location provides easy access to major highways and public transport, including the metro, facilitating the movement of residents across the city.

Conveniently Accessible

5. Amenities And Facilities

Residents have access to a variety of amenities such as gyms, swimming pools, retail shops, and dining options, enhancing their daily living experience.

Well-Equipped

6. Cost Of Living

While the area offers many luxurious features and convenient amenities, the cost of living can be on the higher side compared to other neighborhoods.

Relatively High

7. Things To Do

Bay Square 13 boasts a lively atmosphere with numerous activities, including cultural events, shopping, and nightlife, providing residents with ample entertainment options.

Vibrantly Engaging

8. Noise Levels

Although the area can be bustling during peak hours, residential buildings are generally well-insulated, allowing for a serene living environment.

Moderately Quiet

9. Pet Friendliness

The community is accommodating to pets, with access to parks and pet-friendly amenities; however, some restrictions may apply in residential buildings.

Friendly

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (1Beds)
Rent
97.2K AED
apartment (1Beds)
Sale
1.4M AED

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Key Information

Buy: 1.2M AED - 1.5M AED

Rent: 63.2K AED - 120K AED

Developer:  Dubai Properties and designed by Khatib & Alami.

Building Type:  mixed-use 

Building Age: 10 years(completed in 2014)

Unit Types : studio and 1-bedroom apartments

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

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