−21% Photos and renders of the building and grounds — not of this particular unit.
Bay Grove Residences
2 BR · Apartment
About the building
Located in Dubai Islands. Developer — Nakheel.
What the building has
- Swimming pool
- Gym
- Children's area
Where it is
The pin is placed by project — accurate to the development, not the door.
Dubai Islands
The reclaimed islands off Deira, formerly Deira Islands: beaches, hotels and new residential on the northern coast.
- beachfront below southern-coast prices
- central northern location
- long-horizon holds
What to check: The masterplan was relaunched and revised once already. Buy within a contracted phase with a stated completion date, and confirm what is planned between your building and the water.
Full district guide →Questions and answers about lot P3-352790
How much is this 2-bedroom apartment in Bay Grove Residences?
Lot P3-352790 is priced at AED 3 873 324, about $1 055 000. The size is 1 638 sq ft (152 m²), which works out at AED 2 365 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 4 900 000; it is now AED 3 873 324 — AED 1 026 676 less, or 21%.
How does this price compare with other lots in Bay Grove Residences?
The database holds 3 lots in Bay Grove Residences right now, from AED 2 106 468 to AED 10 500 000. At AED 2 365 per sq ft this lot is 14% below the median for the other lots in the project (AED 2 762).
Is this expensive or cheap for Dubai Islands?
The database holds 52 lots in Dubai Islands, starting from AED 1 490 000. The area median is AED 2 145 per sq ft; this lot, at AED 2 365, is 10% above it. 20 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Islands area guide →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 154 933 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 873 324. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Bay Grove Residences?
The project has 296 units. The developer is Nakheel. Figures are from the project passport: Propsearch and the Dubai Land Department.
Bay Grove Residences project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code P3-352790 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Bay Grove Residences
Reviews from the English YouTube channel — each one with a written breakdown on this site.
More in this building
Nearby in Dubai Islands
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram