The Bay Apartments
About the project
(sq. ft.)
The Bay Apartments is a 21-storey mixed-use complex located in Business Bay, one of Dubai’s most prestigious areas. Residents have easy access to a wide range of luxury facilities, which ensure a comfortable living environment. The building has a unique and stylish architectural design. The lower part of the structure has commercial space, including cafes, retail stores, and beauty salons. Construction began in 2019, and the complex was completed by December 2021.
There are a total of 320 residential units, including one- to two-bedroom apartments. The properties are bright and spacious, and they have high-quality tile flooring and floor-to-ceiling windows. The interiors were designed using soft natural colours. Apartments have bathrooms with modern fixtures, equipped open- or closed-plan kitchens, living rooms, and large balconies.
Apartments range in size from 750 sq. ft. to 1,500 sq. ft. and range in price from AED 800,000 to 2,500,000 (USD 220,000 to 680,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
- Covered parking
- High-speed elevators
- Modern gym
- Separate swimming pools for adults and children
- Saunas and baths
- 24-hour security with alarms and video surveillance
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Property Information
- Location Business Bay, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 750 sq. ft.
- Total Amount of Units 320
Location
The Bay Apartments is located in Business Bay, which stretches along the artificial Dubai Waterway and is adjacent to Downtown Dubai, one of the city’s most popular tourist destinations. Sheikh Zayed Road/E11 runs along the northern border of Business Bay and provides direct routes to other parts of the emirate. Al Khail Road, another major highway, is situated to the south of the district. Dubai International Airport can be reached within a 15-minute drive of the apartments.
The community has a well-developed infrastructure and good transport accessibility. There are bus stops and Metro stations located within walking distance of the residences.
The complex is situated within a 15-minute drive of many leisure, commercial, and social facilities, including:
- Hummingbird Nursery and Blossoms Nursery
- Jumeirah English Speaking School and Safa British School
- Emirates Hospital Clinic
- Jumeirah Mosque
- Bay Avenue Mall
- Spinneys Supermarket and Choithrams Supermarket
- Mama’esh Restaurant, Middle Eastern Restaurant, and Tong Thai
- Jumeirah Beach
Business Bay’s main attraction is the Dubai Canal. JW Marriott Marquis Hotel is another popular destination and is the world’s second-tallest hotel. Burj Khalifa, Dubai Fountain, and Dubai Opera can be reached within a 15-minute drive of the apartments.
Payback
Properties in The Bay Apartments are in demand among tenants and investors. Apartments can be purchased to subsequently rent out, which can generate a steady income. One-bedroom apartments have an average return on investment rate of 5.7%, and two-bedroom apartments have a return rate of 5.5%.
The complex offers many advantages, including a developed infrastructure, accommodations with ergonomic layouts, an attractive architectural design, and a wide range of amenities.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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