Bay Grove Residences — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 172,600 / year
Cash-on-Cash
2.2%
Levered cashflow AED 40,600
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.84M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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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

Published payment summary

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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 Islands

Developer and Project Facts

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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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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