Project · Transactions · 2022

The Bay, Business Bay Property Transactions 2022

90 property sales worth ⃃ 104.82M were registered in The Bay, Business Bay in 2022, with no comparable figure for 2021 by number of sales. The median sale price was ⃃ 1,025,000 and the median price per square foot ⃃ 1,214.

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 90 salesUpdated: 17 Oct 2026
Property sales
90
1 Jan – 31 Dec 2022
Total value
⃃ 104.82M
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,025,000
90 sales
Median price per sq ft
⃃ 1,214
90 sales

What types of property sold in The Bay, Business Bay in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments90100%⃃ 104.82M⃃ 1,025,000⃃ 1,214

How were 2022 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
Primary (developer sales)8998.9%⃃ 103.87M⃃ 1,025,000⃃ 1,214
Resale (secondary)11.1%⃃ 945K⃃ 945,000⃃ 1,215
Ready90100%⃃ 104.82M⃃ 1,025,000⃃ 1,214

How many rental contracts were registered in The Bay, Business Bay in 2022?

59 rental contracts (new and renewed) were registered in The Bay, Business Bay in 2022, at a median annual rent of ⃃ 80,001. Rental yields in The Bay, Business Bay

What were the most expensive property sales in The Bay, Business Bay in 2022?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2022?

No transactions on record for this selection.

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 2022 with the whole of 2021.
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/the-bay-business-bay/2022
The Bay, Business Bay Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-bay-business-bay/2022

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 The Bay, Business Bay in 2022?
90 property sales worth ⃃ 104,818,769 were registered in The Bay, Business Bay in 2022. That is with no comparable figure for 2021.
What was the median property price in The Bay, Business Bay in 2022?
The median sale price was ⃃ 1,025,000 and the median price per square foot ⃃ 1,214 (1 Jan – 31 Dec 2022).
What share of 2022 sales in The Bay, Business Bay were off-plan or from developers?
Developer (primary) sales were 98.9% of the 90 sales and resales 1.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-bay-business-bay/2022