Bay Square - 08 rents
- 98 new leases and 60 renewals in 12 months
- Business Bay
- near Burj Khalifa / Dubai Mall Metro Station
A studio here leases for about AED 76,930 a year, 11% above the typical Business Bay studio. Renewing tenants pay more than new ones: AED 80,111.
Studio · typical new lease
76,930AEDa year
AED 114/sqft · -8.4% on a year
- A month, roughly
- AED 6,411
- Renewal
- AED 80,111
- vs Business Bay studio
- 11% above the median
- New leases, 12 months
- 54
What should a lease in Bay Square - 08 cost?A studio leases for about AED 76,930 a year; renewing tenants pay 4.1% more than new ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 8.4% less than a year earlier: AED 76,930 against 84,000.
Chart data, Studio: 2015, AED 80,000; latest, 2026, AED 75,000; peak, 2025, AED 82,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About Bay Square - 08An apartment building in Business Bay
Bay Square - 08 is an apartment building completed in 2014 in Business Bay. 158 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Comparables in Business Bay
Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Bay Square - 08 places 61st of 100; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Bay Square - 08.
At studio, Bay Square - 08 ranks 45th of 57 by rent per square foot in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Bay Square towers
11 towers in Bay Square, at the bedroom type above.
Ejari files Bay Square’s leases under the project, not a tower, so 8 towers share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Business Bay: every development at this typeBusiness Bay: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer.
Nearby in Business Bay
Prices per sq ft around Bay Square - 08, on the mapPrices per sq ft around Bay Square - 08, on the map
Bay Square - 11
Business Bay · 98 contracts, 12 months
90,000
AED a year median · 106/sqft
Bay Square - 13
Business Bay · 98 contracts, 12 months
90,000
AED a year median · 106/sqft
Bay Square - 09
Business Bay · 98 contracts, 12 months
90,000
AED a year median · 106/sqft
Peninsula Three
Business Bay · 441 contracts, 12 months
100,000
AED a year median · 162/sqft
Ask about Bay Square - 08
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Common questions
- What is the registered annual rent for a studio in Bay Square - 08?
- The median new annual rent is AED 76,930, from 54 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Bay Square - 08 risen or fallen?
- The median new annual rent changed -8.4% in the trailing 12 months against the previous 12, using 54 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Bay Square - 08 pay more than sitting ones?
- A new tenant pays -4.0% against a renewing one, across 34 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- Which metro station is closest to Bay Square - 08?
- Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in Bay Square - 08?
- No gross yield is published for Bay Square - 08 as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 0 registered sales and 54 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.8% gross.
For agents
Send this page to a client as a branded report
Bay Square - 08 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 44 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/business-bay/bay-square-08
Cite as: Dubai Wealth Index. “Bay Square - 08 rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/bay-square-08
Stable dataJSON