{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/offices/business-bay/bay-square-03","canonicalUrl":"https://dubaiwealthindex.com/commercial/offices/business-bay/bay-square-03","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/offices/business-bay/bay-square-03","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Bay Square - 03 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/offices/business-bay/bay-square-03","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/offices/business-bay/bay-square-03). “Bay Square - 03 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/offices/business-bay/bay-square-03\">Dubai Wealth Index</a>. “Bay Square - 03 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"office","assetClassLabel":"Offices","area":{"name":"Business Bay","slug":"business-bay","dldAreaId":"526"},"building":{"name":"Bay Square - 03","slug":"bay-square-03"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial 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medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}