Bay Square Building 2, Business Bay

Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainable Design

Weakens

Traffic Congestion

Limited Parking

Higher Rental Costs

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Strengths

Prime Location

Situated in the heart of Business Bay, offering easy access to key areas of Dubai.

Modern Amenities

Equipped with state-of-the-art facilities, including fitness centers and conference rooms.

Sustainable Design

Features energy-efficient systems and sustainable building practices.

Weaknesses

Traffic Congestion

Can experience heavy traffic during peak hours, making commutes challenging.

Limited Parking

Parking facilities can be insufficient during busy times.

Higher Rental Costs

Rental prices are above average compared to similar properties in the area.

Considerations

Future Development

Potential for new developments in the area that may increase property values.

Community Vibe

The area hosts a mix of commercial and residential spaces, contributing to a vibrant atmosphere.

Access to Public Transport

Proximity to public transport options which may ease commuting for employees and visitors.

Buildign Overview

Summary

Bay Square Building 2 is a modern and vibrant commercial and residential complex located in the heart of Business Bay, Dubai.
It offers proximity to major amenities such as the Dubai Mall, Burj Khalifa, and the Dubai Water Canal.
The building is well-connected via public transport, including the Dubai Metro and multiple bus lines, making it convenient for both residents and businesses.

Properties Overview

The building features a mix of luxurious apartments and commercial spaces, catering to various lifestyles and business needs.
Rental prices for residential units typically range from AED 60,000 to AED 150,000 annually, depending on the size and layout.
For those interested in purchasing properties, units can range from AED 900,000 to AED 2.5 million, with the most sought-after being one and two-bedroom apartments.

Market Trends

The real estate market in Business Bay has shown a consistent rental yield of approximately 6% to 7%, making it an attractive investment option.
Sales prices have seen a steady increase over the past year, with an average appreciation rate of 3% to 5%. Expectations suggest continued growth as the area develops further.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Nearby facilities include high-quality supermarkets like Spinneys and Carrefour, as well as educational institutions and healthcare services.
The American School of Dubai and Emirates Hospital are just a short drive away, providing convenient access for families.

Transportation and Accessibility

Excellent public transport connectivity, with the Business Bay Metro Station within walking distance.
Ample parking spaces are available in the building, accommodating both residents and visitors.

Lifestyle Amenities

Residents can enjoy an array of lifestyle amenities, including state-of-the-art fitness centers, an outdoor pool, and lush green parks.
Diverse dining options are located within walking distance, featuring both local and international cuisines.

Builing Facilities

Bay Square Building 2 is equipped with modern facilities including high-speed elevators, 24/7 security services, and central air conditioning.
Regular maintenance services ensure that all amenities and common areas are well-managed.

Special Services

Additional features such as concierge services, guest parking, and business center facilities enhance the living and working experience.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of apartment layouts are available, from compact studios to spacious three-bedroom units, catering to a wide range of preferences.
Each unit is designed to maximize space, light, and comfort, catering to both single professionals and families.

Things to Consider

Potential renters and buyers are encouraged to assess their priorities, such as proximity to work, school, and available amenities.
Consider the overall community vibe and future developments in Business Bay.

Useful FAQs and Support

Events and Building Life

Building Events

Bay Square Building 2 hosts regular community events, including networking gatherings and cultural celebrations, promoting a vibrant community spirit.
Social opportunities for residents and tenants encourage networking and collaboration.

Community Identity

The building stands out for its sleek architectural design and eco-friendly features, creating a unique identity within Business Bay.
Art installations and green spaces within the area contribute to its culturally vibrant and aesthetically pleasing environment.

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Detailed Buiding Insights

1. Family Friendliness

Bay Square Building 2 offers family-friendly amenities such as parks and play areas nearby, making it a decent choice for families.

Moderately Welcoming

2. Living Options

The building features a variety of apartment sizes and layouts, appealing to singles, couples, and families alike.

Diverse Selection

3. Safety And Security

Equipped with 24/7 security personnel and surveillance systems, residents feel safe in their environment.

Highly Secure

4. Transportation

Excellent access to public transport and main roads ensures easy commuting to key areas of Dubai.

Very Convenient

5. Amenities And Facilities

Features amenities including fitness centers, swimming pools, and retail options, catering to a variety of lifestyle needs.

Well-Equipped

6. Cost Of Living

While prices can vary, compared to other developments in Business Bay, costs are generally reasonable for the quality provided.

Relatively Affordable

7. Things To Do

Proximity to cafes, restaurants, and cultural spots offers residents an enjoyable social experience.

Varied Experiences

8. Noise Levels

While urban noise is present, the building itself maintains a relatively calm atmosphere, especially during evenings.

Generally Peaceful

9. Pet Friendliness

Pets are allowed, but restrictions may apply on certain breeds and sizes, which could be a consideration for potential residents.

Moderately Accommodating

Schools

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Key Information

Developer: Dubai Properties

Building Type: Mixed-use

Building Age: 14 years(Date of completion: 2014)

Unit Types : Studio and 1-bedroom apartments

Floors: 13

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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