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Bay Square Building 4, Business BayReady

Bay Square Building 4, Business Bay

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HIGHLIGHTS

ABOUT BAY SQUARE BUILDING 4

Bay Square Building 4 is a mid-rise commercial building in Business Bay. It is a part of a multi-building complex, Bay Square. It has seven storeys above the ground and offers shell-and-core, shared and fitted offices. The ground floor of the building is dedicated to shops, while the rest of the building has offices. This building is developed by Dubai Properties Group and is a part of a multi-building complex, Bay Square. Construction of this commercial building started in 2007 and offices were handed over in 2014. It offers different facilities for its tenants, such as a swimming pool, gym and play area for kids.

Business Bay is one of the most famous areas in Dubai. It is located near Dubai Canal and aims to become the central business hub of Dubai like Manhattan in NYC. It is home to various luxury hotels like JW Marriott Marquis, the former tallest hotel in the world. This community is also among the top areas to buy commercial properties in Dubai.

IN A NUTSHELL

  • Type of building: Commercial
  • Location: Business Bay
  • Developer: Dubai Properties Group
  • Date of completion: 2014
  • Number of floors: Seven storeys
  • Unit Type: Shared offices, shell-and-core and fitted offices
  • Amenities: Gym, pool and children’s play area
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BUILDING DETAILS

FACILITIES IN BAY SQUARE BUILDING 4

Bay Square Building 4 is a state-of-the-art office building. It offers many amenities and facilities for its tenants.

Parking 

There are two floors dedicated to parking in Bay Square Building 4. Every office in the building is given parking according to its size.

Elevators 

Multiple high-speed elevators in Bay Square Building 4 ensure quick and convenient movement throughout the building.

Security and Concierge Services 

The security staff of the building ensures its security with the help of CCTV cameras. There is a reception in the lobby where guests are required to show their identity and the purpose of the visit. Guests can also relax and wait for their host in the lobby.

Fitness Amenities 

There is a swimming pool and well-equipped gym in Bay Square Building 4. Tenants of the building can use these facilities at their convenience.

Properties in Bay Square Building 4

Bay Square Building 4 is a commercial building that offers different types of offices. The ground floor of the building is dedicated to a shop, while the rest of the building has offices. Most of the offices have glass windows that provide panoramic views of the community.

There are a few types of offices in Bay Square Building 4:

  • Shared offices 
  • Shell-and-core offices 
  • Fitted offices

Shared offices are those in which more than one corporation can share rooms and work as per their needs. These offices are cost-effective and ideal for companies that need less space. Shell-and-core offices are those that are final from the construction site but need final touches. Tenants and owners can choose the final finishing as per their requirements and start working. Fitted offices are full and final from every point of view and are ready to move in. Tenants and owners of these offices can move their necessary equipment and start their operations from the same day.

Offices in Bay Square Building 4

Bay Square Building 4 is a popular building in Business Bay to buy or rent an office. Offices in Bay Square 4 have an area from 5,000 sq. ft. to 16,000 sq. ft. with a rental range from AED 29k for a shared office to AED 5.6M for a full floor. The majority of the offices have a kitchen and pantry, while the rest of the office can use shared facilities for the entire floor.

Shared offices in Bay Square Building 4 Business Bay have lounges and meeting rooms. These offices have a rental price that starts from AED 29k per annum.

Full floors in Bay Square Building 4 Business Bay have large partitions, conference rooms and lounges. These offices have a rental price of up to AED 5.6M per year.

Shops in Bay Square Building 4

Shops are located on the ground floor of Bay Square Building 4 Business Bay. The area of these shops range between 1,000 sq. ft. to 2,500 sq. ft.

Rental Trends in Bay Square 4 

Offices for rent in Bay Square Building 4 Business Bay have different specifications. You can compare them with other apartments for rent in Business Bay.

  • Shared offices in Bay Square Building 4 Business Bay have a rental price of around AED 29k per annum.  
  • Full floors in Bay Square Building 4 Dubai have a cost up to AED 5.6M per year for a huge area of 16,000 sq. ft. 
  • Shops for rent in Bay Square Building 4 Dubai cost around AED 240k to AED 644k per year, depending on the size and configurations of the shop.

Sale Trends in Bay Square Building 4 Dubai

The selling price for offices for sale in Bay Square Building 4 Dubai varies from office to office. You can check other offices for sale in Business Bay for comparison. 
Offices for sale in Bay Square Building 4 Dubai have cost from AED 1.5M to AED 25M based on the office’s area, location, and configurations.

SERVICE CHARGES IN BAY SQUARE 4 BUILDING

SERVICE CHARGESPRICE PER SQ. FT. IN AED
Services
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General upkeep of the building Read more
1.74
Maintenance
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General repairs and replacements
1.04
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
1.74
Management Services
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Owner’s association charges for managing the property
0.43
Insurance
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Charge for the insurance of the building
0.17
Adjustment
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The difference between the estimated amount charged the previous year vs the actual amount spent
0.08
Reserved Fund
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Funds used for major repairs and to help maintain the yearly service charges fees
0.30
Total 5.50

These figures are based on the services charges for Bay Square Building 4 Dubai* as per the Dubai Land Department.

Various Dubai property service charges have to be paid while residing in Dubai. You can read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

TRANSPORTATION NEAR BAY SQUARE 4

There is no shortage of transportation near Bay Square Building 4 Dubai. People working in the building can use buses, metro and taxi services to commute.

Bus Stops near Business Bay Square Building 4

Different bus stops are located near the building. Bay Square 1 Bus Stop is a walking distance of the location. South Ridge Tower 2 Bus Stop is 3 minutes away. South Ridge Tower 1 Bus Stop is a 6-minute drive from Business Bay Square Building 4.

Metro Stations near Bay Square 4

Various Dubai metro stations are a few minutes away from the location. Business Bay Metro Station is an 8-minute drive from the location. Burj Khalifa/ Dubai Mall Metro Station is a 9-minute distance from the building. Financial Centre Metro Station is 10 minutes away from Bay Square 4.

Restaurants near Bay Square 4 

Casual dining restaurants near Bay Square 4 are:

  • Kazdora Restaurant 
  • Le Petit Belge 
  • Sizzling Wok – Business Bay

The building is close to various restaurants. Kazdora Restaurant is a walking distance of the location. Le Petit Belge is also within walking distance and offers Belgian cuisine. Sizzling Wok – Business Bay is 7 minutes away from the location and provides Chinese cuisine.

Fine dining restaurants near Bay Square 4 include:

  • Billionaire Dubai 
  • Bice Mare Restaurant 
  • Tresind Dubai

Fine dining lovers can visit different options near the building. Billionaire Dubai is an 8-minute drive from the location. Bice Mare Restaurant is 9 minutes away. It is one of the best seafood restaurants in Dubai and offers delicious Seafood. Tresind Dubai is famous for its Indian food and is a 16-minute drive from the building. This is among the top Indian restaurants in Dubai.

Nightlife options near Bay Square 4 are:

  • V Lounge 
  • 1 Oak Dubai 
  • Sensation Club

Different nightlife options are located slightly away from the building. V Lounge is a famous lounge that is a 10-minute drive from the location. It offers different types of drinks and snacks. 1 Oak Dubai is 13 minutes away from the building**.** It offers drinks, snacks, refreshments, a dance floor and party nights. Sensation Club is at a 14-minute distance and is famous for its drinks, snacks and music. It is one of the best nightclubs in Dubai.

Nearby Buildings

  • The Light Commercial Tower – residential
  • Grosvenor Tower – residential
  • B2B Tower – residential
  • Central Park Towers – commercial

The Light Commercial Tower, Grosvenor Tower, B2B Tower and Central Park Towers are some of the buildings close to Bay Square 4.

Things to Consider

Lifestyle in Business Bay is quite convenient, but it should be considered that the traffic in this area gets congested during rush hours.

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