Bay Grove Residences - Phase 3
Project Overview
Bay Grove Residences - Phase 3 is the third phase of a coastal residential development in Dubai Islands. The project consists of three residential buildings with numbers 5, 6 and 7, connected by green gardens and an infinity pool. Each building has one basement and one ground level with a roof, while the fifth building also consists of eight, the sixth of ten- and the seventh of twenty residential floors. 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, featuring elegant interiors, panoramic windows and private terraces with breathtaking views. Residents of the complex can enjoy a boardwalk surrounded by lush greenery with an exclusive swimming pool on the first line of the beach, a lot of entertainment for the whole family, including a club for social events, an indoor play area for children and an outdoor children's club, landscaped gardens, an outdoor sports area, bike and hiking trails, gym, 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 about 6 minutes away, Port Rashid is about 16 minutes away, Downtown Dubai is 26 minutes away, Dubai International Airport is 18 minutes away, Dubai Mall is 25 minutes away, Dubai Hospital is 8 minutes away, and The Elite English School is 6 minutes away.
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.
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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Official Documents
Download official marketing materials from Nakheel Properties.
Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
Bay Grove Residences - Phase 3 by Nakheel Properties
Located in Dubai Islands
Starting from AED 2,400,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Jun 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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