Project · Transactions · 2024

Bay Square Property Transactions 2024

247 property sales worth ⃃ 510.31M were registered in Bay Square in 2024, 4.6% lower than 2023 by number of sales. The median sale price was ⃃ 1,470,656 and the median price per square foot ⃃ 1,335 (−6.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 247 salesUpdated: 17 Oct 2026
Property sales
247
−4.6% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 510.31M
−14.7% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,470,656
−34.3% vs 2023
247 sales
Median price per sq ft
⃃ 1,335
−6.2% vs 2023
247 sales

What types of property sold in Bay Square in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16667.2%⃃ 195.49M⃃ 1,041,997⃃ 1,279
Commercial8132.8%⃃ 314.82M⃃ 3,700,000⃃ 2,034

How were 2024 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)247100%⃃ 510.31M⃃ 1,470,656⃃ 1,335
Ready247100%⃃ 510.31M⃃ 1,470,656⃃ 1,335

How many rental contracts were registered in Bay Square in 2024?

668 rental contracts (new and renewed) were registered in Bay Square in 2024, at a median annual rent of ⃃ 150,000 (+50.0% on 2023). Rental yields in Bay Square

What were the most expensive property sales in Bay Square in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/11/2024Bay Square - 13Commercial4,230 sq ft⃃ 13,000,000Resale · Ready
03/06/2024Bay Square - 07Commercial4,385 sq ft⃃ 9,200,000Resale · Ready
27/05/2024Bay Square - 02Commercial4,456 sq ft⃃ 8,500,000Resale · Ready
19/08/2024Bay Square - 01Commercial2,594 sq ft⃃ 8,115,228Resale · Ready
27/09/2024Bay Square - 01Commercial2,634 sq ft⃃ 7,000,000Resale · Ready
02/09/2024Bay Square - 13Commercial2,767 sq ft⃃ 6,500,000Resale · Ready
03/07/2024Bay Square - 03Commercial2,625 sq ft⃃ 6,100,000Resale · Ready
29/10/2024Bay Square - 01Commercial1,956 sq ft⃃ 6,050,000Resale · Ready
04/01/2024Bay Square - 13Commercial3,201 sq ft⃃ 6,040,083Resale · Ready
28/08/2024Bay Square - 02Commercial1,703 sq ft⃃ 6,000,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
17/12/2024Bay Square - 021 bed · Apartment1,180 sq ft⃃ 1,650,000Resale · Ready
17/12/2024Bay Square - 061 bed · Apartment1,179 sq ft⃃ 1,495,000Resale · Ready
11/12/2024Bay Square - 03Commercial1,956 sq ft⃃ 1,685,000Resale · Ready
26/11/2024Bay Square - 12Commercial1,566 sq ft⃃ 3,466,467Resale · Ready
25/11/2024Bay Square - 10Commercial1,892 sq ft⃃ 4,709,522Resale · Ready
25/11/2024Bay Square - 091 bed · Apartment1,139 sq ft⃃ 1,600,000Resale · Ready
25/11/2024Bay Square - 09Studio · Apartment664 sq ft⃃ 1,050,000Resale · Ready
22/11/2024Bay Square - 10Commercial1,993 sq ft⃃ 4,904,567Resale · Ready
12/11/2024Bay Square - 09Studio · Apartment659 sq ft⃃ 890,000Resale · Ready
06/11/2024Bay Square - 13Commercial4,230 sq ft⃃ 13,000,000Resale · 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 2024 with the whole of 2023.
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/2024
Bay Square Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/bay-square/2024

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 in 2024?
247 property sales worth ⃃ 510,309,347 were registered in Bay Square in 2024. That is 4.6% lower than 2023.
What was the median property price in Bay Square in 2024?
The median sale price was ⃃ 1,470,656 and the median price per square foot ⃃ 1,335 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/bay-square/2024