ReadyBay Square 1, Business Bay
HIGHLIGHTS
About Bay Square 1
Bay Square 1 is a 14-storey mixed-use tower in Business Bay, Dubai. Located on Al Asayel Street, it is one of the thirteen buildings in Bay Square, a project by Dubai Properties Group. It offers studio and 1-bed apartments along with offices and shops for rent and sale. The tower was completed in 2014 and offers facilities like parking, security and fitness options.
Business Bay is a popular area in Dubai with several residential, commercial and leisure projects. Neighbouring Downtown Dubai, it is well-connected to the rest of the city and is accessible mainly via Sheikh Zayed Road and Al Khail Road. Residents get easy access to shopping, dining, leisure, education and healthcare facilities.
Fitness options in Bay Square 1 include a swimming pool and gymnasium, while the retail area features a barber shop along with other outlets. The tower’s location ensures ease of commuting via private vehicles, as major highways are easily accessible. One can also find multiple modes of public transportation nearby.
In a Nutshell
- Type of building: Mixed-use
- Location: Business Bay
- Developer: Dubai Properties Group
- Date of completion: 2014
- Number of floors: 14
- Unit type: Offices, shops and studio and 1-bedroom apartments
- Type of ownership: Freehold
- Amenities: Gymnasium, swimming pool, covered parking, high-speed elevators, CCTV system, barber shop
BUILDING DETAILS
Facilities in Bay Square 1
PARKING
There is covered parking in Bay Square 1 for residents and commercial property occupants. Visitors can park their vehicles outside the tower.
ELEVATORS
The high-speed elevators in Bay Square 1 are well-maintained for optimum service.
SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES
Security and maintenance staff are present to ensure safety and convenience. The CCTV system monitors all important areas including the entrance/exit points.
GYM AND FITNESS FACILITIES
There is a swimming pool and a fully-equipped gym in Bay Square 1.
LIFESTYLE AMENITIES
Residents can find all important amenities nearby while some dining options are present within the complex.
CONCIERGE AND GUEST SERVICES
Concierge staff is present to welcome guests and visitors.
PET-FRIENDLY
It is a pet-friendly building.
Bay Square 1 Floor Plans
Properties in Bay Square 1
Bay Square 1 offers studio and 1-bedroom apartments along with offices and shops.
Apartment Types in Bay Square 1
Those looking to buy or rent apartments in Bay Square 1 will find studio and 1-bedroom units.
STUDIO APARTMENTS IN BAY SQUARE 1
Studio apartments in Bay Square 1 include a bathroom, kitchen and balcony.
1-BEDROOM APARTMENTS IN BAY SQUARE 1
1-bedroom apartments in Bay Square 1 have two bathrooms, a living/dining area, a kitchen and a balcony. The covered areas range from 1,121 sq. ft. to 1,563 sq. ft.
MOST POPULAR APARTMENT TYPES IN BAY SQUARE 1
Information for apartment type is currently not available on Bay Square 1.
OFFICES IN BAY SQUARE 1
Offices for rent in Bay Square 1 are priced between AED 350k and AED 734k per annum. The covered areas range from 1,705 sq. ft to 7,225 sq. ft. Offices for sale in Bay Square 1 are available for about AED 2.4M to AED 7.5M.
These are among the popular choices for renting offices in Business Bay. Investors can consider buying offices in Business Bay for rental income.
SHOPS IN BAY SQUARE 1
Shops for rent in Bay Square 1 are available on the ground floor. One can also find shops for sale in Bay Square 1 at reasonable prices.
There are several other shops for rent in Business Bay with varying price tags. Shops for sale in Business Bay are ideal for setting up a retail business and investment.
Sales Trends in Bay Square 1
Information for average price is currently not available on Bay Square 1.
Rental Yield in Bay Square 1
Information for rental yield is currently not available on Bay Square 1.
Service Charges in Bay Square 1
| GENERAL FUND | PRICE PER SQ. FT. IN AED |
|---|---|
| Services General upkeep of the building |
1.76 |
| Maintenance General repairs and replacements |
2.32 |
| Utilities Services Charges for using DEWA/district cooling facilities and meters |
5.27 |
| Management Services Owner’s association charges for managing the property |
0.65 |
| Insurance Charge for the insurance of the building |
0.10 |
| Master Community Fees for communal facilities in the neighbourhood |
1.75 |
| Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
1.47 |
| Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent |
0.42 |
| Income A credit or debit charge |
0.02 |
| Total | 13.76 |
| ADDITIONAL SERVICES | PRICE PER SQ. FT. IN AED |
|---|---|
| Additional Services | 1,843.00 |
These are the service charges for Bay Square 1* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in Dubai.
*Please note that these service charges are subject to change.
NEARBY AMENITIES
Transportation near Bay Square 1
Sheikh Zayed Road and Al Khail Road are reachable within 8 minutes. Both these highways connect with several important areas and destinations in Dubai. One can also rely on public transportation near Bay Square 1 as taxis, buses and metro are available.
BUS STATIONS NEAR BAY SQUARE 1
Bay Square Bus Stop 1 is about a 6-minute walk away. One can board buses 26, F14, F19A and X22 at the station.
METRO STATIONS NEAR BAY SQUARE 1
To travel by Dubai Metro, one has to reach Business Bay Metro Station. It is about a 6-minute drive away and also reachable via buses F14 and F19A.
Restaurants near Bay Square 1
One can find a wide variety of cafes and restaurants in Business Bay. The nearest ones include:
- Mumbai Subrolls
- Dumpling Express
- Freshii
- Wok of Fame
- Under500
- Izakaya
- 25 Degrees North
- Circle Cafe
- A La Saj Restaurant
- Galito’s
- Maingi Kitchen
- Pizzalito’s
All these restaurants near Bay Square 1 are reachable within 5 minutes and serve cuisines like Arabic, American, Chinese, Italian, Indian and Japanese.
Supermarkets near Bay Square 1
Popular supermarkets near Bay Square 1 include:
- Choithrams
- View City Mini Mart
- Carrefour Market
All these supermarkets are present within a 3-minute drive and include some of the best supermarkets in Dubai. Choithrams and View City Mini Mart are about a 4-minute walk away.
Schools and Nurseries near Bay Square 1
- Jumeirah International Nursery
- Dubai International Private School
Jumeirah International Nursery offers education for children aged 45 days to six years following the British Curriculum. It is about a 5-minute drive away.
Dubai International Private School offers education from Kindergarten to Grade 12 as per Houghton Mifflin Harcourt’s research program. It is located in Al Quoz 1 about 9 minutes away from Bay Square 1.
Nearby Buildings
All these mixed-use towers are part of the Bay Square complex and offer a good variety of apartments for rent and sale.
Major Landmarks
- Burj Khalifa
- Dubai Mall
- Dubai Fountain
Burj Khalifa is one of the tallest towers in the world and offers various dining and leisure options. It also has an observation deck called At The Top. One can get to it with a 6-minute drive.
Dubai Mall is counted among the best malls in Dubai. It offers a wide range of shopping, dining and entertainment options for visitors. It is about 7 minutes away from Bay Square 1.
Dubai Fountain, about 8 minutes away, is one of the most popular tourist attractions in Dubai. One can enjoy the spectacular show while dining at one of the many restaurants nearby.
Things to Consider
Bay Square 1 offers all the advantages of working and living in Business Bay. Although the tower has just studio and 1-bed units, one can find other options in nearby projects.
FAQs
WHAT ARE THE APARTMENT TYPES IN BAY SQUARE 1?
Bay Square 1 offers studio and 1-bedroom apartments.
DOES BAY SQUARE 1 HAVE FITNESS OPTIONS?
There is a gymnasium and swimming pool in Bay Square 1.
