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Sold for AED 5,700,000: Office in Bay Square

Located in Business Bay, Dubai. Its price per sqft is +40% vs the Bay Square median (AED 2,521/sqft).

All Business Bay salesBay Square prices

Sale price

AED 5,700,000

Per sqft
AED 3,517
Registered
8 Jan 2026, 08:37 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay B4-490,B3-739,B2-676,B2-677).

Comparable sales

02 / The property

Property details

Size
1,621 sqft · 150.58 m²
Bedrooms
Office
Registered as
Sale On Payment Plan
Property sub-type
Office
Usage
Residential
Tenure
Freehold
Parking
B4-490,B3-739,B2-676,B2-677
Nearest metro
Buj Khalifa Dubai Mall Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Bay Square (2 Jan 2026 – 6 Oct 2026)

87 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
6 Oct 20264M−30% vs selected2,045−42% vs selected
21 Sept 20261.48M−74% vs selected1,298−63% vs selected
21 Sept 20261.39M−76% vs selected1,222−65% vs selected
21 Sept 20261.39M−76% vs selected1,222−65% vs selected
21 Sept 20261.73M−70% vs selected1,091−69% vs selected
21 Sept 20261.73M−70% vs selected1,091−69% vs selected
21 Sept 20261.48M−74% vs selected1,194−66% vs selected
21 Sept 20261.7M−70% vs selected1,088−69% vs selected
21 Sept 20261.41M−75% vs selected1,198−66% vs selected
21 Sept 20261.48M−74% vs selected1,190−66% vs selected
21 Sept 20261.48M−74% vs selected1,193−66% vs selected
18 Sept 20261.74M−69% vs selected1,527−57% vs selected
16 Sept 20264.75M−17% vs selected2,510−29% vs selected
15 Sept 20262.12M−63% vs selected—— vs selected
14 Sept 20262.04M−64% vs selected4,677+33% vs selected
31 Aug 20261.07M−81% vs selected1,511−57% vs selected
18 Aug 20262.65M−54% vs selected5,484+56% vs selected
12 Aug 20265.79M+2% vs selected2,850−19% vs selected
12 Aug 20264.6M−19% vs selected2,850−19% vs selected
30 Jul 20262.5M−56% vs selected1,573−55% vs selected
30 Jul 20264.54M−20% vs selected2,800−20% vs selected
29 Jul 20268.85M+55% vs selected3,200−9% vs selected
28 Jul 20265.3M−7% vs selected3,110−12% vs selected
20 Jul 20267.2M+26% vs selected4,451+27% vs selected
17 Jul 20263.35M−41% vs selected2,800−20% vs selected
17 Jul 20264.4M−23% vs selected2,800−20% vs selected
14 Jul 20266.8M+19% vs selected4,323+23% vs selected
1 Jul 20266.98M+23% vs selected—— vs selected
1 Jul 20266.94M+22% vs selected—— vs selected
1 Jul 20264.08M−28% vs selected—— vs selected

04 / Renting it out

What similar offices rent for

Median of 6 market rents of offices of 1,378–1,864 sq ft in Bay Square. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 306,667
Per sqft / yr
AED 195/sqft
Gross yield
5.4%