Bay Square Building 1 is a 14-storey mixed-use building in the Bay Square development in Business Bay, developed by Dubai Properties and completed in 2014. This page covers its commercial office units only: sizes, asking ranges, the published service charge and what to check.
Overview
Offices in Bay Square Building 1
Bayut’s building guide gives office sizes from 1,705 to 7,225 sq ft. Building facilities include a swimming pool, gym, barber shop, central air conditioning, CCTV, concierge and 24-hour security. Parking is covered for residents and commercial occupants, and visitors park outside.
Facilities
Pool, gym, barber shop and central air conditioning.
Parking
Covered parking for occupants; visitors park outside.
Security
CCTV, concierge and 24-hour security.
Browse current offices for rent or read our guide to buying an office in Dubai.
Office prices and rents
| Rent, range | AED 350k to AED 734k a year for offices of 1,705 to 7,225 sq ft. Bayut guide, undated |
|---|---|
| Rent, example | A 2,634 sq ft fully furnished corner unit with 7 parking spaces at AED 1,200,000 a year. Bayut listing, validated 5 October 2026 |
| Sale, range | About AED 2.4M to AED 7.5M. Bayut guide, undated |
| Sale, examples | 1,573 sq ft at AED 6,000,000 (listed 16 September 2026); 1,704 sq ft at AED 7,700,000; 2,634 sq ft canal view at AED 10,850,000. Bayut listings |
Asking prices and rents are not transactions. They vary with size, floor, view and fit-out, and the sources were published at different dates. Where a source does not state the date or the rent period, the figure is shown as published.
Office Service Charges & Ownership Costs
This section covers Bay Square Building 1 service charges for commercial office units only: the office service charge per sq ft, annual maintenance fees and the wider cost of owning an office in Bay Square Building 1.
Dubai Land Department publishes approved service charges by project, use and year in the RERA Service Charge Index (Mollak). The index sits behind a login, and we have not confirmed the Bay Square Building 1 office rate from it, from an owners’ association statement or from a verified invoice.
| Latest verified annual office service charge | Not independently verified. |
|---|---|
| Published figure (not verified by us) | AED 13.76 per sq ft on Bayut, shown as the building total with no breakdown. Bayut also shows a separate additional-services line with an unclear unit. Bayut does not label it approved or invoiced. |
| Previous years and percentage changes | Not available. |
| Estimated service charge per sq ft | AED 13.76 per sq ft per year. This is an estimate based on the published figure above. Not independently verified. |
| What the charge includes | No breakdown. Confirm with the owners’ association. |
| Cooling or chiller charges | Not verified. Ask whether cooling is billed separately. |
| Separately billed expenses | Not verified. Ask whether parking, cooling consumption, utilities or insurance are billed on top of the service charge. |
| VAT treatment | Not verified for service charges. Ask the seller to show the latest invoice, with VAT shown separately. |
Units in the same building do not necessarily carry the same charge, and the chargeable area can differ from the advertised size. Before you commit, ask for the latest Mollak statement or invoice for the specific unit and check that the building, the year, the office category and the area basis all match.
Building and design
| Completed | 2014 |
|---|---|
| Storeys | 14 |
| Developer | Dubai Properties |
| Ownership | Freehold |
| Amenities | Pool, gym, barber shop, central A/C, concierge |
Location
| Address | Bay Square, Business Bay, near Al Asayel Street and Marasi Drive |
|---|---|
| Metro and travel times | Sheikh Zayed Road and Al Khail Road are reachable by car; the complex page names Business Bay and Burj Khalifa/Dubai Mall stations (Cushman & Wakefield, Bayut) |
| Neighbours | The other Bay Square buildings: Dubai Properties’ development has 13 buildings, eight of them commercial (Bayut) |
Why consider it, and what to check
In its favour
- Part of the Bay Square business district beside the canal
- Covered parking for office occupants
- Cafes and retail across the complex
Check before you commit
- The verified office service charge and what it includes
- Whether the unit is shell and core, fitted or furnished
- How many parking spaces come with the unit
- Whether the building mixes offices with apartments, which affects noise, lifts and access
Frequently asked questions
What is Bay Square Building 1?
Bay Square Building 1 is a 14-storey mixed-use building in the Bay Square development in Business Bay, developed by Dubai Properties and completed in 2014.
Where is Bay Square Building 1 located?
In the Bay Square development on Al Asayel Street, Business Bay.
What is the service charge for an office in Bay Square Building 1?
The current office service charge for Bay Square Building 1 is not independently verified. A published figure of AED 13.76 per sq ft exists, but we have not confirmed it as an approved rate or invoice. See the service charges section above and ask for the latest statement or invoice for the exact unit.
How do service charges affect the rental yield of an office in Bay Square Building 1?
An owner who bears the service charge deducts it from rental income, so net yield is lower than gross yield. If the lease makes the tenant pay it separately, it is not deducted from the owner’s income.
Sources
Facts on this page come from the sources below, checked October 2026. Where sources disagree, the page says so.
Looking at an office in Bay Square Building 1?
Mazen Alzoubi specializes in commercial offices: rentals, sales and off-plan sales in Downtown Dubai, Business Bay and across Dubai, helping clients secure high-performing assets at the best terms. Ask Mazen Alzoubi, eXp Realty Dubai (RERA BRN 76380), about availability, layouts and viewings.
Call +971 50 438 0503WhatsApp MazenContact usWork out the full cost first with our Dubai office budget calculator or compare other commercial office towers.