Bay Square 1
One-beds in Business Bay. No apartments sold in the last 12 months; every earlier sale, rent and unit is below.
About Bay Square 1
Bay Square 1 is a mixed-use building in Business Bay, set within the pedestrian-friendly Bay Square complex between Downtown Dubai and Dubai Creek. Completed in 2014 by Dubai Properties, the tower rises 14 storeys and forms part of a cluster of mid-rise blocks with offices, residences, retail and a four‑star hotel. The location has an urban, business-focused character with cafés and services at podium level and landscaped walkways connecting the buildings. Residential options in Bay Square 1 are limited to compact apartments, primarily studios and 1‑bedroom units alongside offices and ground-floor retail. Apartments are contemporary in style, with practical layouts suited to professionals, and some units enjoy views towards Burj Khalifa or the Dubai Water Canal. Ownership is freehold. On-site amenities include a residents’ swimming pool and a fully equipped gym, supported by covered parking, high‑speed elevators, building-wide CCTV and on‑ground security. Concierge services operate in the lobby, and the building is pet‑friendly. Daily conveniences are available within Bay Square, where retail includes cafés, barber and grooming outlets, pharmacies and other everyday services, with additional dining choices around the canal promenade. Connectivity is a key advantage. Al Asayel Street (D72) runs through the development, linking to both Sheikh Zayed Road and Al Khail Road for quick access to Downtown Dubai, DIFC and Dubai World Trade Centre. Public transport options are close by, with bus services in the area and access to the Dubai Metro via a short feeder ride or drive. The Dubai Mall and Burj Khalifa are a few minutes away by car, placing major shopping and leisure attractions within easy reach. Overall, Bay Square 1 offers straightforward, centrally located living in a walkable mixed-use setting, combining residential units with office space and ground-level retail in one of Dubai’s core business districts.
11 apartments over 12 floors: 1 one-bed of 1,179 sqft and 10 penthouses of 1,122 to 1,584 sqft. The service charge is AED 15.50 per sqft a year.
No apartments sold in Bay Square 1 in the 12 months to February 2026. The transaction history below goes back to the first registered sale.
- Developer
- Business Bay
- Completed
- 2014
- Floors
- 12
- Units
- 11
- Unit types
- 1-bed
Average prices in Bay Square 1
No sales were registered in Bay Square 1 in the last 12 months.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Bay Square 1
No sales were registered for Bay Square 1 in the last 12 months.
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Bay Square 1
- CompletedPenthouse · 1,224 sqft 13 Jun 2025AED 1,700,0001,389 /sqft
- CompletedPenthouse · 1,562 sqft 18 Apr 2025AED 2,000,0001,280 /sqft
- CompletedPenthouse · 1,562 sqft 23 Oct 2023AED 1,820,0001,165 /sqft
- CompletedPenthouse · 1,562 sqft 14 Apr 2023AED 1,725,0001,104 /sqft
- CompletedPenthouse · 1,312 sqft 28 Oct 2022AED 1,380,0001,052 /sqft
- CompletedPenthouse · 1,562 sqft 16 Dec 2020AED 1,100,000704 /sqft
- CompletedPenthouse · 1,562 sqft 09 Aug 2020AED 590,000378 /sqft
- CompletedPenthouse · 1,224 sqft 23 Jul 2020AED 880,000719 /sqft
- CompletedPenthouse · 1,224 sqft 02 May 2017AED 1,750,0001,429 /sqft
- CompletedPenthouse · 1,312 sqft 01 Sep 2016AED 925,000705 /sqft
No apartments sold in Bay Square 1 in the last 12 months; the table shows every earlier sale.
Units in Bay Square 1
11 units- Unit 1201Penthouse · 1,312 sqftSold AED 1.38M, Oct 2022
- Unit 1202Penthouse · 1,584 sqftSold AED 1.06M, Jan 2015
- Unit 1203Penthouse · 1,563 sqftSold AED 2M, Apr 2025
- Unit 1204Penthouse · 1,563 sqftSold AED 1.82M, Oct 2023
- Unit 1205Penthouse · 1,563 sqftSold AED 1.73M, Apr 2023
- Unit 1206Penthouse · 1,355 sqftSold AED 1.68M, Nov 2014
- Unit 12071-bed · 1,179 sqftSold AED 1.3M, Nov 2014
- Unit 1208Penthouse · 1,229 sqftSold AED 950K, Sep 2015
- Unit 1209Penthouse · 1,224 sqftSold AED 880K, Jul 2020
- Unit 1210Penthouse · 1,224 sqftSold AED 1.7M, Jun 2025
Nearby buildings in Business Bay
All 170 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Bay Square 8 | 2014 | Few sales | ||
| Canal Heights 1 | 2026 | AED 2,842 | ||
| Canal Heights 2 | 2027 | AED 2,850 | ||
| Bay Square 2 | 2014 | AED 1,037 | AED 92 | 8.9% |
| Bay Square 7 | 2014 | Few sales | AED 121 | |
| Bay Square 3 | 2014 | Few sales | AED 132 | |
| Trillionaire Residences by Binghatti | 2024 | AED 2,402 | AED 181 | 7.5% |
| Regalia Residences | 2024 | AED 1,863 | ||
| Bay Square 6 | 2014 | AED 1,695 | AED 108 | 6.4% |
| Bay Square 9 | 2014 | AED 1,430 | AED 122 | 8.6% |
Bay Square 1 in numbers
- Completed in 2014 by Business Bay; 12 floors of one-beds; service charge AED 15.50 per sqft a year.
- The typical rent is AED 190,000 a year across 1 contract registered in the last 12 months.
Source: Dubai Land Department. Updated 11 February 2026.
Questions about Bay Square 1
How much is a penthouse for rent in Bay Square 1?
About AED 190,000 a year: that is the median of the 1 contract for penthouses registered with Ejari in the 12 months to February 2026.
What is the service charge in Bay Square 1?
AED 15.50 per sqft a year.
Who built Bay Square 1 and when?
Business Bay; completed in 2014; 12 floors; 11 apartments.
How many apartments are there in Bay Square 1?
11, one-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in Business Bay
No Business Bay property is on the board today. Follow Business Bay to hear the day one is listed, or see what is for sale across Dubai with every offer public.