Bay Grove Residences - Phase 2
Off-Plan

Bay Grove Residences - Phase 2

From AED 3.99M·Handover Nov 2028·Accepted payment methods: bank_check, credit_debit_card,... Payment
Scroll
AED 3.99M
Starting Price
Nov 2028
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Bay Grove Residences - Phase 2 is the second phase of a coastal residential development by Nakheel Properties, located in Dubai Islands, Dubai. This exclusive project consists of four residential buildings with numbers 9, 10, 11 and 12 with one basement and one ground level with a roof in each of them. At the same time the ninth building has nine, the tenth - eleven, the eleventh - twenty and the twelfth eighteen residential floors, connected by green podium level gardens and an infinity pool. The development features 1-3 bedroom apartments, as well as spacious duplexes and 4-bedroom penthouses. Each unit is designed for comfort and relaxation, featuring elegant interiors, panoramic windows and private terraces with breathtaking views. Residents of the complex can enjoy beautiful features such as a boardwalk, a host of activities for the whole family including a clubhouse for social events, indoor and outdoor play area for children, landscaped gardens, outdoor sports area, cycling and walking paths, gym, BBQ area and visitor parking. The complex is under 24-hour security and video surveillance. The project has an excellent location with Infinity Bridge only 6 minutes away, Port Rashid 19 minutes, Downtown Dubai 26 minutes, Dubai International Airport 18 minutes, Dubai Mall 25 minutes, Dubai Hospital 8 minutes, The Elite English School 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 172,169 / year
Cash-on-Cash
2.2%
Levered cashflow AED 40,499
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 259,350 / 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 - Phase 2 launch basis4,433AED 3.99MCurrent 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

Bay Grove Residences - Phase 2 — View 2
Bay Grove Residences - Phase 2 — View 3
Bay Grove Residences - Phase 2 — View 4
Bay Grove Residences - Phase 2 — View 5
Bay Grove Residences - Phase 2 — View 6
Bay Grove Residences - Phase 2 — View 7
Bay Grove Residences - Phase 2 — View 8
Bay Grove Residences - Phase 2 — View 9
Bay Grove Residences - Phase 2 — View 10
Bay Grove Residences - Phase 2 — View 11
Bay Grove Residences - Phase 2 — View 12
Bay Grove Residences - Phase 2 — View 13
Bay Grove Residences - Phase 2 — View 14
Bay Grove Residences - Phase 2 — View 15
Bay Grove Residences - Phase 2 — View 16
Bay Grove Residences - Phase 2 — View 17
Bay Grove Residences - Phase 2 — View 18
Bay Grove Residences - Phase 2 — View 19
Bay Grove Residences - Phase 2 — View 20
Bay Grove Residences - Phase 2 — View 21
Bay Grove Residences - Phase 2 — View 22
Bay Grove Residences - Phase 2 — View 23
Bay Grove Residences - Phase 2 — View 24
Bay Grove Residences - Phase 2 — View 25
Bay Grove Residences - Phase 2 official render 1

Bay Grove Residences - Phase 2 official render 1

Bay Grove Residences - Phase 2 official render 2

Bay Grove Residences - Phase 2 official render 2

Bay Grove Residences - Phase 2 official render 3

Bay Grove Residences - Phase 2 official render 3

Bay Grove Residences - Phase 2 official render 4

Bay Grove Residences - Phase 2 official render 4

Bay Grove Residences - Phase 2 official render 5

Bay Grove Residences - Phase 2 official render 5

Bay Grove Residences - Phase 2 official render 6

Bay Grove Residences - Phase 2 official render 6

Bay Grove Residences - Phase 2 official render 7

Bay Grove Residences - Phase 2 official render 7

Bay Grove Residences - Phase 2 official render 8

Bay Grove Residences - Phase 2 official render 8

Bay Grove Residences - Phase 2 official render 9

Bay Grove Residences - Phase 2 official render 9

Bay Grove Residences - Phase 2 official render 10

Bay Grove Residences - Phase 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Nakheel Properties.

Unlock Documents

Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

Contact us for detailed payment schedule and milestones

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

WhatsApp Us

Floor Plans

Bay Grove Residences - Phase 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Bike path
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
Walking paths
Yoga studio

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 - Phase 2 by Nakheel Properties

02

Located in Dubai Islands

03

Starting from AED 3,990,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Nov 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Bay Grove Residences - Phase 2

High-ticket buyer routing · Branded / luxury filtering · Serious capital only

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.

Send Buyer BriefRequest CallRequest Atlas-Guided Access
RERA Registered
Qualified Buyer Flow
Verified Listings

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

Get Private Shortlist + ROI on WhatsApp