Bay Grove Residences
Off-Plan

Bay Grove Residences

From AED 4.00M·Handover Sep 2028·Developer payment plan available Payment
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AED 4.00M
Starting Price
Sep 2028
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Bay Grove Residences is a coastal residential complex from Nakheel Properties, located in Dubai Islands, Dubai. This exclusive project consists of four residential buildings, each of them has one basement and one ground floor with a roof, while the first building has eight-, the second has thirteen-, the third has seven- and the fourth has twenty residential floors, connected by green gardens and an infinity pool. The complex offers apartments with 1-3 bedrooms, as well as spacious duplexes and penthouses with 4 bedrooms. Each unit is designed for comfort and relaxation, with elegant interiors, panoramic windows and private terraces with breathtaking views. Residents of the complex can enjoy such wonderful features as a boardwalk surrounded by lush greenery with an exclusive pool on the first line of the beach, plenty of entertainment for the whole family, including a club for social events, an indoor play area for children and an outdoor kids club, landscaped gardens, an outdoor sports area, paths for cycling and hiking, a gym, a barbecue area and parking for visitors. The complex is under 24-hour security and video surveillance. The project has an excellent location, Infinity Bridge is only 6 minutes away, Port Rashid is 19 minutes, Downtown Dubai is 26 minutes, Dubai International Airport is 18 minutes, Dubai Mall is 25 minutes, Dubai Hospital is 8 minutes, The Elite English School is 6 minutes.

Project Specifications
DeveloperNakheel Properties
LocationDubai Islands
Unit Types2 BR, Apartments
AreaDubai Islands
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 172,600 / year
Cash-on-Cash
2.2%
Levered cashflow AED 40,600
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 260,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Bay Grove Residences launch basis4,444AED 4.00MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Islands premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Nakheel Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Floor Plans

Bay Grove Residences — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Covered Parking
Coworking zone
Infinity pool
Kids Play Area
Landscaped garden
Lift
Lobby
Private beach access
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Dubai Islands

Nearby Destinations

Dubai Creek — 10 mins
Deira City Centre — 12 mins
Dubai International Airport — 18 mins
Al Mamzar Beach Park — 8 mins
Dubai IslandsDubai IslandsDubai, UAE

Developer Track Record

01

Bay Grove Residences by Nakheel Properties

02

Located in Dubai Islands

03

Starting from AED 4,000,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Sep 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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