
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Bay Grove Residences - Phase 2 launch basis | 4,433 | AED 3.99M | Current launch / asking basis |
| Dubai Islands ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Islands premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























Bay Grove Residences - Phase 2 official render 1

Bay Grove Residences - Phase 2 official render 2

Bay Grove Residences - Phase 2 official render 3

Bay Grove Residences - Phase 2 official render 4

Bay Grove Residences - Phase 2 official render 5

Bay Grove Residences - Phase 2 official render 6

Bay Grove Residences - Phase 2 official render 7

Bay Grove Residences - Phase 2 official render 8

Bay Grove Residences - Phase 2 official render 9

Bay Grove Residences - Phase 2 official render 10
Astraterra Properties
Download official marketing materials from Nakheel Properties.
Contact us for detailed payment schedule and milestones
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Dubai Islands
Bay Grove Residences - Phase 2 by Nakheel Properties
Located in Dubai Islands
Starting from AED 3,990,000
Unit mix includes 2 BR, Apartments
Expected handover: Nov 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Register Your Interest