Building · Transactions · 2023

Bay Square - 10 Property Transactions 2023

3 property sales worth ⃃ 5.29M were registered in Bay Square - 10 in 2023, 50.0% higher than 2022 by number of sales. The median sale price was ⃃ 935,000 and the median price per square foot ⃃ 1,507 (+21.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
+50.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 5.29M
+77.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 935,000
−37.4% vs 2022
3 sales
Median price per sq ft
⃃ 1,507
+21.7% vs 2022
3 sales

What types of property sold in Bay Square - 10 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments266.7%⃃ 1.78M⃃ 892,500⃃ 1,429
Commercial133.3%⃃ 3.5M⃃ 3,500,000⃃ 2,231

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)3100%⃃ 5.29M⃃ 935,000⃃ 1,507
Ready3100%⃃ 5.29M⃃ 935,000⃃ 1,507

How many rental contracts were registered in Bay Square - 10 in 2023?

41 rental contracts (new and renewed) were registered in Bay Square - 10 in 2023, at a median annual rent of ⃃ 181,010 (+113.0% on 2022). Rental yields in Bay Square - 10

What were the most expensive property sales in Bay Square - 10 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/12/2023Bay Square - 10Commercial1,569 sq ft⃃ 3,500,000Resale · Ready
23/06/2023Bay Square - 10Studio · Apartment692 sq ft⃃ 935,000Resale · Ready
07/04/2023Bay Square - 10Studio · Apartment564 sq ft⃃ 850,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Bay Square - 10Commercial1,569 sq ft⃃ 3,500,000Resale · Ready
23/06/2023Bay Square - 10Studio · Apartment692 sq ft⃃ 935,000Resale · Ready
07/04/2023Bay Square - 10Studio · Apartment564 sq ft⃃ 850,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/bay-square-10/2023
Bay Square - 10 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/bay-square-10/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Bay Square - 10 in 2023?
3 property sales worth ⃃ 5,285,000 were registered in Bay Square - 10 in 2023. That is 50.0% higher than 2022.
What was the median property price in Bay Square - 10 in 2023?
The median sale price was ⃃ 935,000 and the median price per square foot ⃃ 1,507 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/bay-square-10/2023