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Building · Transactions · 2024

Bay Square - 03 Property Transactions 2024

6 property sales worth ⃃ 16.71M were registered in Bay Square - 03 in 2024, 45.5% lower than 2023 by number of sales. The median sale price was ⃃ 1,517,500 and the median price per square foot ⃃ 1,549 (+13.5% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 6 salesUpdated: 14 Nov 2026
Property sales
6
−45.5% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 16.71M
−39.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,517,500
−29.1% vs 2023
6 sales
Median price per sq ft
⃃ 1,549
+13.5% vs 2023
6 sales

What types of property sold in Bay Square - 03 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments350%⃃ 3.65M⃃ 1,350,000⃃ 1,102
Commercial350%⃃ 13.06M⃃ 5,272,000⃃ 2,008

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)6100%⃃ 16.71M⃃ 1,517,500⃃ 1,549
Ready6100%⃃ 16.71M⃃ 1,517,500⃃ 1,549

How many rental contracts were registered in Bay Square - 03 in 2024?

55 rental contracts (new and renewed) were registered in Bay Square - 03 in 2024, at a median annual rent of ⃃ 175,000 (+69.1% on 2023). Rental yields in Bay Square - 03

What were the most expensive property sales in Bay Square - 03 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/07/2024Bay Square - 03Commercial2,625 sq ft⃃ 6,100,000Resale · Ready
28/03/2024Bay Square - 03Commercial2,625 sq ft⃃ 5,272,000Resale · Ready
11/12/2024Bay Square - 03Commercial1,956 sq ft⃃ 1,685,000Resale · Ready
24/01/2024Bay Square - 031 bed · Apartment1,225 sq ft⃃ 1,350,000Resale · Ready
01/02/2024Bay Square - 031 bed · Apartment1,225 sq ft⃃ 1,350,000Resale · Ready
24/05/2024Bay Square - 03Studio · Apartment691 sq ft⃃ 950,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
11/12/2024Bay Square - 03Commercial1,956 sq ft⃃ 1,685,000Resale · Ready
03/07/2024Bay Square - 03Commercial2,625 sq ft⃃ 6,100,000Resale · Ready
24/05/2024Bay Square - 03Studio · Apartment691 sq ft⃃ 950,000Resale · Ready
28/03/2024Bay Square - 03Commercial2,625 sq ft⃃ 5,272,000Resale · Ready
01/02/2024Bay Square - 031 bed · Apartment1,225 sq ft⃃ 1,350,000Resale · Ready
24/01/2024Bay Square - 031 bed · Apartment1,225 sq ft⃃ 1,350,000Resale · 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-03/2024
Bay Square - 03 Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/bay-square-03/2024

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 - 03 in 2024?
6 property sales worth ⃃ 16,707,000 were registered in Bay Square - 03 in 2024. That is 45.5% lower than 2023.
What was the median property price in Bay Square - 03 in 2024?
The median sale price was ⃃ 1,517,500 and the median price per square foot ⃃ 1,549 (1 Jan – 31 Dec 2024).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/bay-square-03/2024