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Bay Square 3, Business BayReady

Bay Square 3, Business Bay

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HIGHLIGHTS

About Bay Square 3

Bay Square 3 is a mid-rise mixed-use building in Business Bay. The tower is a part of Bay Square, a multi-building complex which consists of 13 mid-rise towers. Developed by Dubai Properties, the construction of the building was completed in 2014. The building has 10 floors and features studio and 1-bedroom apartments with office spaces and retail options.

Bay Square
Bay Square Complex

The tower also offers underground parking spaces with a 24-hour CCTV video security system and spacious lobby area. Bay Square 3 is located close to Al Asayel Street (D72) and Marasi Drive. Ras Al Khor Road (E44) can also be found in close proximity to Bay Square 3.

Business Bay is a trendy mixed-use neighbourhood in Dubai. The area boasts a diverse range of residential and commercial buildings along with retail spaces and entertainment options. It has become a favorite destination for investors, with numerous ongoing and upcoming developments and projects, driving its growth and popularity.

In a Nutshell

  • Type of building: Mixed-use
  • Location: Bay Square
  • Developer: Dubai Properties
  • Date of completion: 2014
  • Number of floors: 10 floors
  • Unit type: Studio and 1-bedroom apartments with office spaces and retail options
  • Type of ownership: Freehold
  • Amenities: 24-hour security and parking spaces
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BUILDING DETAILS

Facilities in Bay Square 3

Parking

You can find underground parking in Bay Square 3, Business Bay.

Elevators

There are multiple elevators in Bay Square 3, Bay Square.

Security, Central Air-Conditioning and Maintenance Services 

Bay Square 3 offers 24-hour CCTV video surveillance for security purposes with regular maintenance services.

Gym and Fitness Facilities 

Gyms near Bay Square 3 include Easy Fit EMS Training Centre and UFC Gym. Both fitness facilities are located a short walking distance away.

Lifestyle Amenities

One can find South Ridge Park at a 10-minute walking distance away from Bay Square 3.

Concierge and Guest Services 

There is a spacious lobby in Bay Square 3, Business Bay.

Properties in Bay Square Building 3

Properties in Bay Square 3, Business Bay include studio and 1-bedroom apartments with office spaces and retail options.

Apartment Types in Bay Square 3, Business Bay

The tower features studio and 1-bedroom apartments in Bay Square 3. You can find an increase in the apartments for rent in Bay Square 3 in the last 12 months. Residents can also find a rise in the apartments sold in Bay Square 3 in the last year.

Studio Apartments in Bay Square 3

Studio apartments in Bay Square 3 offer an attached bathroom with built-in cabinets and a spacious balcony.

1-Bedroom Apartments in Bay Square 3

1-bedroom apartments in Bay Square 3 cover 1,544 sq. ft. These apartments have an attached bathroom, a kitchen, a large living room, a guest bathroom and a balcony.

Studio
1-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 16 hours ago

According to Bayut, studio apartments in Bay Square 3 enjoy the highest popularity. They are followed by 1-bed apartments in the second spot.

Offices in Bay Square 3

One can find fitted offices in Bay Square 3. These spaces are ready-to-move-in fitted offices with modern designs and a covered area ranging from 1,956 sq. ft. to 6,670 sq. ft.

Shops In Bay Square 3

Shops in Bay Square are located on the ground floor, offering retail spaces ideal for restaurants, supermarkets, and cafeterias.

Rental Trends in Bay Square 3

Apartment TypeAverage Rental Price in AED
Studio80,000
1-Bed110,000
Based on property listings on Bayut.com over the last 12 months. Last updated 16 hours ago
Vacant | City View | Well Maintained
AED109,888Yearly
beds
1
baths
2
area
1,156 sqft
Vacant | City View | Well MaintainedBay Square 3, Bay Square, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Recent Rental Transactions in Bay Square 3

AED 120,000 Yearly New10 Jan 2025
Bay Square 3
1 Bed
Built-Up: 1225 sqft Duration: 12 months
AED 60,000 Yearly Renewal25 Nov 2024
Bay Square 3
Studio
Built-Up: 684 sqft Duration: 12 months
AED 100,000 Yearly Renewal13 Nov 2024
Bay Square 3
1 Bed
Built-Up: 1225 sqft Duration: 12 months
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The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Sales Trends in Bay Square 3

Apartment TypeAverage Sales Price in AED
Studio1,049,000
1-Bed1,625,000
Based on property listings on Bayut.com over the last 12 months. Last updated 16 hours ago
BIGGEST LAYOUT | RENTED | 5 MINUTES FROM DOWNTOWN
AED1,700,000
beds
1
baths
2
area
1,544 sqft
BIGGEST LAYOUT | RENTED | 5 MINUTES FROM DOWNTOWNBay Square 3, Bay Square, Business Bay, Dubai, UAE
Large layout  | Close to Mall | Prime Location
AED1,650,000
beds
1
baths
1
area
1,545 sqft
Large layout | Close to Mall | Prime LocationBay Square 3, Bay Square, Business Bay, Dubai, UAE
Huge | Spacious | Bright | Prime Location
AED1,650,000
beds
1
baths
1
area
1,545 sqft
Huge | Spacious | Bright | Prime LocationBay Square 3, Bay Square, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Recent Sale Transactions in Bay Square 3

AED 1,000,00021 Jan 2025
Bay Square 3
Studio
Built-Up: 691 sqft
AED 950,00024 May 2024
Bay Square 3
Studio
Built-Up: 691 sqft
AED 1,350,0001 Feb 2024
Bay Square 3
1 Bed
Built-Up: 1225 sqft
lightbulb

The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Rental Yield in Bay Square 3

Information for rental yield is currently not available on Bay Square 3.

Service Charges in Bay Square 3

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
2.15
Maintenance
info
General repairs and replacements
3.03
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
5.09
Management Services
info
Owner’s association charges for managing the property
0.68
Insurance
info
Charge for the insurance of the building
0.10
Master Community
info
Fees for communal facilities in the neighbourhood
1.84
Adjustment
info
The difference between the estimated amount charged the previous year vs the actual amount spent
0.17
Total 13.06

These figures are based on the services charges for Bay Square 3* as per the Dubai Land Department.

There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near Bay Square 3

Residents of the tower can easily travel by private or public modes of transportation near Bay Square 3, as Al Asayel Street (D72) and Marasi Drive are located within a 5-minute walking distance away.

Bus Stations near Bay Square 3

Bay Square 1 Bus Stop can be found at a 5-minute walking distance away from Bay Square 3.

Metro Stations near Bay Square 3

Business Bay Metro Station is located at a 9-minute drive away from the building. The station runs through the Red Line of Dubai Metro.

Restaurants near Bay Square 3

Restaurants near Bay Square 3 include:

  • Baltazar Burger 
  • Taqado Mexican Kitchen
  • Wok of Fame Restaurant

You can find Baltazar Burger, a fast food restaurant and Taqado Mexican Kitchen and Wok of Fame, an Asian restaurant within the Bay Square Complex. One can also find Circle Cafe, Namah 25 Degree and KFC at a short walking distance away from Bay Square 3, Business Bay, Dubai.

Restaurants Business Bay
Restaurants near Bay Square 3

Supermarkets near Bay Square 3

Supermarkets near Bay Square 3, Business Bay include:

  • Choithrams Bay Square
  • Adil Supermarket
  • Farmers Supermarket & Cafeteria

Above-mentioned grocery stores can be found within a 10-minute walking distance away from Bay Square 3, Business Bay.

Nearby Buildings

Buildings near Bay Square 3 include:

  • Bay Square 2
  • Bay Square 6
  • Bay Square 7
  • Canal Heights

Bay Square 3 is a part of Bay Square, a multi-structure complex which features 13 mid-rise buildings. One can also find Canal Heights Location at a short walking distance away.

Major Landmarks

Nearby landmarks include:

  • Dubai Opera
  • Burj Khalifa
  • Dubai Mall

Dubai Opera is a world-class performing arts venue offering a range of cultural performances, including opera, ballet, and concerts.

Burj Khalifa is the tallest building in the world, standing at 828 meters, offering breathtaking views of Dubai from its observation decks.

Burj Khalifa
Burj Khalifa near Bay Square 3

Dubai Mall is one of the largest shopping malls globally, featuring a wide range of retail stores, dining options, and entertainment attractions.

Things to Consider

Bay Square offers studio and 1-bedroom apartments with office spaces and retail options with a vibrant lifestyle in Business Bay. One thing to consider is that public parking spaces near the building are limited. However, ample parking is available within the underground parking facility of Bay Square 3.

FAQs

What types of properties are available in Bay Square 3?

Bay Square 3 offers a variety of properties including studio and 1-bedroom apartments, office spaces, and retail units.

What amenities are available in Bay Square 3?

Bay Square 3 provides several amenities including 24-hour security with CCTV surveillance, 

How accessible is Bay Square 3 by public transport?

Bay Square 3 is well-connected by public transportation. The nearest bus stop, Bay Square 1, is just a 5-minute walk away.

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