Layered bosonic dipolar fluids have been suggested to host a condensate of inter-layer molecular bound states. However, its experimental observation has remained elusive. Motivated by two recent experimental works [Hubert et al., Phys. Rev. X 9, 021026 (2019) and D. J. Choksy et al., Phys. Rev. B 103 045126 (2021)], we theoretically study, using numerically exact quantum Monte Carlo calculations, the experimental signatures of collective inter-layer pairing in indirect exciton (IX) bilayers. We find that IX energy shifts associated with each layer evolve non-trivially as a function of density imbalance following a non-monotonic trend with a jump discontinuity at density balance, identified with the inter-layer IX molecule gap. This behavior discriminates between the superfluidity of inter-layer bound pairs and independent dipole condensation in distinct layers. Considering finite temperature and finite density imbalance conditions, we find a cascade of Berezinskii-Kosterlitz-Thouless (BKT) transitions, initially into a pair superfluid and only then, at lower temperatures, into complete superfluidity of both layers. Our results may provide a theoretical interpretation of existing experimental observations in GaAs double quantum well (DQW) bilayer structures. Furthermore, to optimize the visibility of pairing dynamics in future studies, we present a detailed analysis of realistic experimental settings in GaAs and transition-metal dichalcogenide (TMD) bilayer DQW heterostructures.