Project highlights

Area:Dubai Islands
Property type:Apartment
Unit type:1BR, 2BR, 3BR, 4BR, Duplex, Penthouse
Size:861 – 4,635
Payment plan:70:30
Handover:Q3 2029

Project Overview

Bay Grove Residences is a waterfront development by Nakheel on Dubai Islands, offering premium 1, 2 and 3-bedroom apartments alongside exclusive 4-bedroom penthouses across four low- and mid-rise towers configured G+7, G+8, G+13 and G+20, totalling 296 units. Residences span 870 to 3,797 sqft, positioned to maximise views of the azure waters and city skyline, with terraces overlooking the beach and podium gardens. Interiors feature kitchens with built-in fixtures, ensuite bathrooms and elegant finishes, with architecture emphasising natural light, open spaces and privacy. The development offers direct access to a swimmable beach with boardwalk, infinity pools, a clubhouse, co-working spaces and podium-level gardens. Bay Grove sits minutes from Dubai Hospital (8 minutes, 6 km) and Canadian Specialist Hospital (10 minutes, 7 km), with international schools, malls and retail outlets nearby. Prices start from AED 1.85 million with a 70/30 payment plan and handover expected September 2028.

  • Unit Types: 1BR, 2BR, 3BR and 4BR Apartments, 4BR Penthouse

  • Starting Price: AED 1,850,000

  • Payment Plan: 70/30 with 20% Booking

  • Handover: September 2028

  • Development: 296 Units Across 4 Towers (G+7, G+8, G+13, G+20)

  • Masterplan: Waterfront Community on Dubai Islands

  • Amenities: Infinity Pools, Private Beach Access, Clubhouse, Co-Working Spaces

  • Distinction: Direct Access to a Swimmable Beach with Boardwalk

  • Features: Podium Gardens, BBQ Zones, Jogging Tracks, Premium Retail

  • Developer: Nakheel, Master Developer of Palm Jumeirah and The World Islands

Why Invest in Nakheel Bay Grove Residences

  • Direct access to a swimmable beach with boardwalk on Dubai Islands, a Nakheel waterfront masterplan

  • 296 units across 4 towers with infinity pools, clubhouse, co-working spaces and podium gardens

  • 8 minutes from Dubai Hospital, 10 minutes from Canadian Specialist Hospital

  • Nakheel track record across Palm Jumeirah and The World Islands supports long-term resale and rental performance

  • Relatively accessible waterfront entry price from AED 1.85M for a 1BR

  • 70/30 payment plan, 20% booking, structured instalments, 30% at September 2028 handover

  • AED 2M Plus qualifies for UAE 10-Year Golden Visa for buyer and family

  • Freehold ownership, 100% foreign ownership permitted, zero income tax and zero capital gains tax

Location

  • Located on Dubai Islands, Off the Coast of Deira

  • Dubai Hospital 8 Minutes Drive (6 Km)

  • Canadian Specialist Hospital 10 Minutes Drive (7 Km)

  • Minutes from International Schools, Malls and Retail Outlets

Amenities

Bay Grove Residences offers a coastal amenities programme centred on beach access, wellness and family spaces set within landscaped podium gardens.

  • Infinity Pools with Water and Skyline Views

  • Adult Pool

  • Kids' Pool and Play Areas

  • Direct Access to Swimmable Beach with Boardwalk

  • Podium-Level Landscaped Gardens

  • Clubhouse

  • Co-Working Spaces

  • BBQ Zones

  • Jogging Tracks

  • Premium Retail

Floor Plan

  • 1 Bedroom Apartment - Size 871.02 to 1,110.40 Sqft, Price from AED 1,850,000

  • 2 Bedroom Apartment - Size 1,282.84 to 3,851.11 Sqft, Price from AED 2,720,000

  • 3 Bedroom Apartment - Size 2,120.71 to 3,884.26 Sqft, Price on Request

  • 4 Bedroom Apartment - Size 3,405.81 to 3,797.72 Sqft, Price on Request

  • 4 Bedroom Penthouse - Size on Request, Price on Request

Price & Payment Plan

  • Payment Plan: 70/30

  • On Booking: 20%

  • 1st Instalment (Within 5 Months): 10%

  • 2nd Instalment (Within 9 Months): 5%

  • 3rd Instalment (Within 13 Months): 10%

  • 4th Instalment (Within 17 Months): 10%

  • 5th Instalment (Within 21 Months): 10%

  • 6th Instalment (Within 25 Months): 5%

  • Final Instalment: 30% on Completion (September 2028)

ROI and Investment Analysis

Market Snapshot

  • Bay Grove Residences offers 296 units across 4 towers on Dubai Islands, a waterfront masterplan community developed by Nakheel

  • Nakheel is the master developer behind Palm Jumeirah, The World Islands and Palm Jebel Ali, with a long track record of large-scale waterfront delivery in Dubai

  • Nakheel has since launched a further release ("Bay Grove The Final Release") on Dubai Islands starting from AED 2 million, indicating continued phased demand for the community

  • Verified district-wide transaction volume, price-per-sqft and rental yield data for Dubai Islands could not be confirmed from official sources at time of writing (N/A)

Rental Yield

  • Verified rental yield data specific to Bay Grove Residences could not be confirmed from official sources at time of writing (N/A)

  • Demand is expected to be supported by direct beach access, proximity to Deira and the broader Dubai Islands waterfront masterplan

  • Buyers should request current rental estimates from a sales representative given the September 2028 handover timeline

Capital Appreciation

  • Dubai Islands is an active Nakheel waterfront masterplan with continued phased residential launches, indicating sustained developer and buyer interest in the location

  • Direct beach access and swimmable boardwalk positioning differentiate Bay Grove from inland Dubai product

  • Nakheel's track record across Palm Jumeirah and The World Islands shows a long history of delivering large-scale waterfront communities

  • September 2028 handover gives buyers a construction-period appreciation runway from today

  • Verified district-wide capital appreciation percentage for Dubai Islands could not be confirmed from official sources at time of writing (N/A)

Price Per Sqft Value

  • At AED 1.85M for a 1BR (871 to 1,110 sqft) with direct beach access on Dubai Islands, entry pricing reflects a relatively accessible waterfront product

  • 70/30 plan with 20% booking and structured instalments through month 25 provides manageable cash flow through to September 2028 handover

  • Verified district-wide average price per sqft could not be confirmed from official sources at time of writing (N/A)

Key Risk to Note

  • 30% due at September 2028 handover requires mortgage or liquidity planning in advance

  • UAE residents access up to 80% LTV mortgages, non-residents up to 50% LTV, per standard UAE bank lending terms

  • UAE banks generally offer off-plan mortgage pre-approval up to 24 months in advance of handover

  • Dubai Islands is a developing masterplan; some community retail, dining and social infrastructure will continue to mature post-handover

FAQ

Q1. What makes Bay Grove Residences unique on Dubai Islands?

Bay Grove Residences offers direct access to a swimmable beach with boardwalk across four low- and mid-rise towers, combining waterfront and skyline views with podium-level gardens, infinity pools and a clubhouse within Nakheel's Dubai Islands masterplan.

Q2. How do I handle the 30% payment at handover?

The 70/30 plan requires 20% on booking followed by six instalments through month 25, with the remaining 30% due on completion in September 2028. UAE residents can access up to 80% LTV mortgages, non-residents up to 50% LTV, and UAE banks typically offer off-plan pre-approval up to 24 months in advance.

Q3. Will property values appreciate?

Dubai Islands is an active, continuously launching Nakheel waterfront masterplan, with a further phase already released at a higher starting price of AED 2 million. Verified district-wide appreciation figures for the current period could not be confirmed from official sources.

Q4. What rental income can I expect after handover?

Verified rental yield data for Bay Grove Residences could not be confirmed from official sources at time of writing. Demand is expected to be supported by direct beach access and the broader Dubai Islands masterplan development.

Q5. Who is Nakheel?

Nakheel is a Dubai master developer known for delivering large-scale waterfront communities including Palm Jumeirah, The World Islands and Palm Jebel Ali.

About Developer

Nakheel Properties, established in 2000, is one of Dubai’s leading master developers, renowned for transforming the city’s skyline and coastline. The company is behind iconic projects such as Palm Jumeirah, The World Islands, Jumeirah Islands, and Dubai Waterfront, along with popular residential communities like Al Furjan, Discovery Gardens, and Jumeirah Park. Nakheel also owns major retail destinations including Nakheel Mall and Ibn Battuta Mall. Known for innovation and large-scale developments, Nakheel offers investors strong growth potential and residents a world-class lifestyle in Dubai’s most sought-after locations.
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Investment Calculator

Projected return of AED 2,984,467 in 5 years
InvestmentAED 1,850,000
Total rental incomeAED 508,750
Value appreciationAED 625,717
2,984,4672,238,3501,492,234746,1170
2027
2028
2029
2030
2031
Investment Amount1,850,000
50,0005,550,000
Annual Rental Yield5.5%
1%15%
Annual Appreciation6%
1%20%

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Nakheel Bay Grove Residences in Dubai Islands - Dubai