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Building · Transactions · 2023

Bay Square - 09 Property Transactions 2023

48 property sales worth ⃃ 60.04M were registered in Bay Square - 09 in 2023, 73.2% lower than 2022 by number of sales. The median sale price was ⃃ 871,264 and the median price per square foot ⃃ 1,275 (+5.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 48 salesUpdated: 14 Nov 2026
Property sales
48
−73.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 60.04M
−68.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 871,264
+0.5% vs 2022
48 sales
Median price per sq ft
⃃ 1,275
+5.5% vs 2022
48 sales

What types of property sold in Bay Square - 09 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4287.5%⃃ 39.7M⃃ 860,000⃃ 1,268
Commercial612.5%⃃ 20.34M⃃ 3,278,920⃃ 3,101

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)48100%⃃ 60.04M⃃ 871,264⃃ 1,275
Ready48100%⃃ 60.04M⃃ 871,264⃃ 1,275

How many rental contracts were registered in Bay Square - 09 in 2023?

120 rental contracts (new and renewed) were registered in Bay Square - 09 in 2023, at a median annual rent of ⃃ 52,500 (+1.8% on 2022). Rental yields in Bay Square - 09

What were the most expensive property sales in Bay Square - 09 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/08/2023Bay Square - 09Commercial1,160 sq ft⃃ 3,904,948Resale · Ready
16/11/2023Bay Square - 09Commercial1,218 sq ft⃃ 3,775,924Resale · Ready
14/12/2023Bay Square - 09Commercial986 sq ft⃃ 3,500,000Resale · Ready
20/11/2023Bay Square - 09Commercial986 sq ft⃃ 3,057,840Resale · Ready
20/11/2023Bay Square - 09Commercial986 sq ft⃃ 3,057,840Resale · Ready
16/11/2023Bay Square - 09Commercial983 sq ft⃃ 3,045,874Resale · Ready
10/08/2023Bay Square - 091 bed · Apartment1,329 sq ft⃃ 1,600,000Resale · Ready
22/09/2023Bay Square - 091 bed · Apartment1,299 sq ft⃃ 1,600,000Resale · Ready
06/12/2023Bay Square - 091 bed · Apartment1,329 sq ft⃃ 1,550,000Resale · Ready
25/07/2023Bay Square - 091 bed · Apartment1,301 sq ft⃃ 1,522,708Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023Bay Square - 09Studio · Apartment707 sq ft⃃ 892,000Resale · Ready
22/12/2023Bay Square - 09Studio · Apartment705 sq ft⃃ 900,000Resale · Ready
22/12/2023Bay Square - 09Studio · Apartment707 sq ft⃃ 900,000Resale · Ready
22/12/2023Bay Square - 09Studio · Apartment705 sq ft⃃ 900,000Resale · Ready
14/12/2023Bay Square - 09Commercial986 sq ft⃃ 3,500,000Resale · Ready
14/12/2023Bay Square - 09Studio · Apartment705 sq ft⃃ 892,500Resale · Ready
06/12/2023Bay Square - 091 bed · Apartment1,329 sq ft⃃ 1,550,000Resale · Ready
30/11/2023Bay Square - 09Studio · Apartment659 sq ft⃃ 850,000Resale · Ready
30/11/2023Bay Square - 09Studio · Apartment664 sq ft⃃ 840,000Resale · Ready
30/11/2023Bay Square - 09Studio · Apartment659 sq ft⃃ 920,000Resale · 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-09/2023
Bay Square - 09 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/bay-square-09/2023

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 - 09 in 2023?
48 property sales worth ⃃ 60,043,225 were registered in Bay Square - 09 in 2023. That is 73.2% lower than 2022.
What was the median property price in Bay Square - 09 in 2023?
The median sale price was ⃃ 871,264 and the median price per square foot ⃃ 1,275 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/bay-square-09/2023