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: 13 Nov 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.

DatePropertyTypeSizePriceMarket
02/08/2022The Bay, Business BayApartment3,667 sq ft⃃ 5,143,054Primary · Ready
14/03/2022The Bay, Business BayApartment2,039 sq ft⃃ 2,767,190Primary · Ready
22/12/2022The Bay, Business BayApartment1,585 sq ft⃃ 2,235,287Primary · Ready
14/03/2022The Bay, Business BayApartment1,452 sq ft⃃ 1,960,848Primary · Ready
29/04/2022The Bay, Business Bay2 beds · Apartment1,359 sq ft⃃ 1,900,000Primary · Ready
31/03/2022The Bay, Business Bay2 beds · Apartment1,358 sq ft⃃ 1,800,000Primary · Ready
22/08/2022The Bay, Business Bay2 beds · Apartment1,129 sq ft⃃ 1,610,000Primary · Ready
11/05/2022The Bay, Business Bay2 beds · Apartment1,201 sq ft⃃ 1,600,000Primary · Ready
28/04/2022The Bay, Business Bay2 beds · Apartment1,219 sq ft⃃ 1,600,000Primary · Ready
14/03/2022The Bay, Business BayApartment1,172 sq ft⃃ 1,582,754Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022The Bay, Business Bay1 bed · Apartment843 sq ft⃃ 1,165,000Primary · Ready
23/12/2022The Bay, Business Bay1 bed · Apartment781 sq ft⃃ 1,111,407Primary · Ready
22/12/2022The Bay, Business BayApartment1,585 sq ft⃃ 2,235,287Primary · Ready
21/12/2022The Bay, Business Bay1 bed · Apartment781 sq ft⃃ 1,105,000Primary · Ready
20/12/2022The Bay, Business Bay1 bed · Apartment857 sq ft⃃ 988,000Primary · Ready
19/12/2022The Bay, Business Bay1 bed · Apartment852 sq ft⃃ 1,111,000Primary · Ready
16/12/2022The Bay, Business Bay1 bed · Apartment778 sq ft⃃ 945,000Resale · Ready
14/12/2022The Bay, Business Bay1 bed · Apartment843 sq ft⃃ 950,000Primary · Ready
12/12/2022The Bay, Business Bay1 bed · Apartment843 sq ft⃃ 1,150,000Primary · Ready
12/12/2022The Bay, Business Bay1 bed · Apartment781 sq ft⃃ 950,000Primary · 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 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 13 Nov 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 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-bay-business-bay/2022