Engel & Völkers

Bay Square Guide: Offices and Retail in Business Bay

Bay Square in Business Bay is a thriving mixed-use commercial district offering office spaces, retail, F&B concepts, and boutique hotels in a fully walkable urban environment. Designed as a low-rise, pedestrian-friendly destination, it attracts businesses, startups, and investors seeking convenience and strong rental demand.

Bay Square building with a daytime view of the central courtyard and fountain

Introduction to Bay Square

Bay Square is a prime commercial community within Business Bay, developed by Dubai Properties. Featuring 13 low-rise buildings, it stands out for its walkable layout, vibrant dining scene, and direct access to Sheikh Zayed Road and Downtown Dubai. The community offers a blend of Grade B and high-quality fitted offices, including a wide selection of offices for rent in Bay Square, along with retail spaces, serviced offices, and hotel apartments, making it an ideal base for SMEs, professional firms, e-commerce companies, medical practices, and F&B operators.

Dusk cityscape of modern skyscrapers and mid-rise office blocks along a curved waterfront canal, with streaking car lights on a busy road.

Commercial property types in Bay Square

Office spaces

Bay Square features a wide selection of leased and freehold office units, ranging from 700 sq. ft. to 7,000+ sq. ft. As one of the most in-demand areas, Bay Square Business Bay offers shell-and-core, fully fitted, and furnished spaces ideal for tenants looking for immediate operational setups. Many offices for rent in Bay Square also benefit from canal views and high foot traffic.

Retail spaces

Ground-floor retail units in Bay Square offer strong visibility and high foot traffic from residents, office staff, and hotel visitors. Popular categories include restaurants, cafés, medical clinics, pharmacies, salons, and boutique concept stores. Retail units typically range from 800 to 3,000+ sq. ft.

Property prices in Bay Square

Property prices in Bay Square have seen strong performance due to its walkable lifestyle, high occupancy levels, and proximity to Downtown.

Property typeSelling price (per sq.ft.)Rental price (per sq.ft.)

Offices

AED 2,000 - 3,000

AED 250 - 400

Retail units

AED 2,000 - 3,000

AED 250 - 400

Why choose Bay Square for your business?

Ideal connectivity

Bay Square, Business Bay is one of Dubai’s few low-rise, pedestrian-friendly districts, employees and clients can move between offices, cafés, gyms, and retail without needing a car, boosting convenience and foot traffic for businesses.

Road accessibility

Just minutes from Downtown Dubai, Business Bay Metro, and major highways, Bay Square gives companies instant access to Dubai’s busiest commercial corridors and ensures easy commuting for staff and visitors.

High foot traffic for Retail & F&B units

With offices, hotels, serviced apartments, residential units and retail units in Bay Square, this district delivers steady all-day footfall, ideal for restaurants, cafés, clinics, boutiques, and service businesses.

Strong commercial demand & low vacancy

High occupancy levels and constant enquiry flow keep rental yields competitive (with offices recording a 7 - 8.5% yeild, and retail 8 - 10%+ yields), making it one of Business Bay’s most reliable investment micro-markets.

Ready-to-operate office options

From furnished corporate suites to fitted offices for rent in Bay Square, businesses can move in quickly without the cost and time of fit-out - an advantage for SMEs, start-ups, and firms expanding into Dubai.

Vibrant lifestyle hub

Over 60+ dining concepts, wellness studios, and boutique retailers create an energetic environment that enhances employee wellbeing and supports client-facing operations.

Explore properties for sale and lease in Bay Square

Rental yields in Bay Square

As of November 2025, due to strong tenant demand and limited supply of fitted spaces, offices for rent in Bay Square typically achieve 8 - 10% in rental yields Low vacancy rates and walk-in tenant demand make it a resilient investment choice.

Amenities in Bay Square

Dining & Cafés

Bay Square Business Bay is one of the most active F&B destinations, featuring a range of cafés and quick-service options such as Caribou Coffee, Starbucks and Magnolia Bakery. Additional dining options include boutique restaurants and popular chains such as Wokyo, Circle Café and My Govindas.

Fitness facilities

The district offers a full spectrum of wellness amenities, from gyms like Fitness First and Wellfit, to clinics and health centres, plus Pilates and yoga studios such as StudioRepublik Pop-Up and boutique wellness spots like Beyond Wellness.

Business-friendly facilities

Buildings offer 24/7 security, visitor and basement parking, service elevators, multiple meeting rooms and co-working options, as well as convenient on-site hotel conference facilities.

Retail options

Tenants benefit from everyday conveniences within steps of the office, including pharmacies like BinSina Pharmacy, supermarkets such as Choithrams, and multiple convenience stores.

Getting Around

Bay Square location

Bay Square in Business Bay offers high visibility and seamless access to Sheikh Zayed Road, Al Khail Road, and Downtown Dubai.

  • 5

    min

    Dubai Mall

  • 7

    mins

    DIFC

  • 15

    mins

    Dubai International Airport

Public Transportation in Bay Square

A blue Dubai Metro train on tracks, with skyscrapers and a blue sky in the background.

THINGS TO DO

Dining & Nightlife destinations

Downtown Dubai

Home to Michelin-recognised restaurants, premium steakhouses, rooftop lounges, and business-friendly fine dining concepts

Dubai Mall

Offering hundreds of restaurants and cafés across various cuisines, ideal for corporate lunches and visiting clients

Dubai Canal Walk

This walkway features waterfront dining with a blend of high and mid-range dining options, perfect for relaxed after-work gatherings

Bars & Hotel restaurants

The Oberoi, Taj Dubai, and JW Marriott Marquis are just some options offering hotel dining and lounge experiences popular with executives and visiting business partners

Book A Consultation

Discover prime real estate options in Bay Square

Speak to an Engel & Völkers advisor to explore investment options or leasing opportunities in one of Dubai’s most prestigious districts.

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Frequently asked questions

Contact

Contact your personal advisor

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Ran Miao

Engel & Völkers Dubai

7th Floor, Al Khail Plaza

Jumeirah Village Triangle, Dubai, UAE

Tel: +971 4 4223500