New homes in Bay Grove Residences 2 start at AED 1,900,000; keys are due Nov 2028; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands. Their median price is AED 2,834 per sq ft (about AED 2,477,000 at 874 sq ft). This project's from price is AED 2,174 per sq ft (AED 1,900,000 for its smallest home, 874 sq ft), 23% less.
Keys
Nov 2028
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
1 to 4 beds
Sizes
874 to 3,371 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,174 per sq ft
Similar off-plan homes: AED 2,834 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 380,000
Feb 2027
While it is built
7.1%
AED 135,714
May 2027
While it is built
7.1%
AED 135,714
Aug 2027
While it is built
7.1%
AED 135,714
Nov 2027
While it is built
7.1%
AED 135,714
Feb 2028
While it is built
7.1%
AED 135,714
May 2028
While it is built
7.1%
AED 135,714
Aug 2028
While it is built
7.1%
AED 135,714
Nov 2028
Keys
30%
AED 570,000
Booking payment, 20%
AED 380,000
Dubai Land Department fee (Oqood), 4%
AED 76,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 456,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Nakheel for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Dubai Islands, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,834 per sq ft
AED 1,519 to AED 1,844 per sq ft
21 sales
AED 1,844 to AED 2,170 per sq ft
127 sales
AED 2,170 to AED 2,495 per sq ft
270 sales
This project's from price is in this band.
AED 2,495 to AED 2,820 per sq ft
390 sales
AED 2,820 to AED 3,146 per sq ft
456 sales
AED 3,146 to AED 3,471 per sq ft
221 sales
AED 3,471 to AED 3,797 per sq ft
140 sales
AED 3,797 to AED 4,122 per sq ft
38 sales
AED 1,519 per sq ftAED 4,122 per sq ft
This project AED 2,174 per sq ft
Half of the sales sold for AED 2,495 to AED 3,127 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,519 to AED 1,844 per sq ft
21
AED 1,844 to AED 2,170 per sq ft
127
AED 2,170 to AED 2,495 per sq ft
270
AED 2,495 to AED 2,820 per sq ft
390
AED 2,820 to AED 3,146 per sq ft
456
AED 3,146 to AED 3,471 per sq ft
221
AED 3,471 to AED 3,797 per sq ft
140
AED 3,797 to AED 4,122 per sq ft
38
The 3 closest sales
Picked from the 1,663 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 2,283,574AED 2,613 per sq ftBeach Walk Grand 2 By Imtiaz, 874 sq ft
Dec 2025AED 2,091,841AED 2,394 per sq ftZephyra Residences, 874 sq ft
Nov 2025AED 1,865,777AED 2,136 per sq ftOcean Pearl by SD - 2, 873 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Islands in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,900,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
23% below 1,663 similar sales
2-bed apartment
Off-plan medianAED 3,499,000AED 2,716 per sq ft
Sales1,972
3-bed apartment
Off-plan medianAED 5,593,000AED 2,829 per sq ft
Sales576
4-bed apartment
Off-plan medianAED 9,741,000AED 2,809 per sq ft
Sales72
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
On your doorstep
Gold Souq Metro Station3.7 km, 8 min driveMetro station
Deira Islands Beach1.9 km, 4 min driveBeach
Al Ittihad Private School2.6 km, 5 min driveSchool
Queen international school3.8 km, 13 min driveBritish school
The Elite English School2.8 km, 10 min driveIndian school
Waterfront Market1.5 km, 3 min driveMall
Dubai Hospital2.3 km, 4 min driveHospital
Dubai World Trade Centre9.6 km, 16 min driveOffices
Bay Grove Residences 2 is Nakheel's second phase of apartments in Dubai Islands, with one to four bedrooms from AED 1,900,000; the listed handover is November 2028. Our price check puts the from price about 23% below 1,663 similar one-bedroom sales in Dubai Islands (12 months to October 2026).
Start with the price check. It puts the from price of Bay Grove Residences 2 about 23% below 1,663 similar one-bedroom sales in Dubai Islands (12 months to October 2026). These are area sales, not sales in this project.
You pay 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 380,000 to book and AED 950,000 during the build, AED 1,330,000 or 70% before handover. The last AED 570,000 is due at handover, and the listed handover is November 2028, two years from now. Separately, the 4% DLD fee comes to AED 76,000; ask when it is due.
The apartments have one to four bedrooms. The listing gives two sets of sizes that do not match: a range of 874 to 3,371 sq ft, and unit sizes of about 866 sq ft for one bedroom, 1,303 for two, 2,090 for three and 3,250 for four. Ask Nakheel for the floor plan and the exact area of your unit before you sign. Residents share a pool and a kids' pool, a gym and a play area.
Deira Islands Beach is about 1.9 km away and Dubai Hospital about 2.3 km. Al Ittihad Private School is about 2.6 km away. Gold Souq Metro Station is about 3.7 km away, around 8 minutes by car by our estimate.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
4 BR
How prices moved
Median price of 1-bed apartments in Dubai Islands, over the 12 months to each dateUp 27% from Dec 2024 to Sep 2026.
Dec 2024AED 2,188 per sq ft
Sep 2026AED 2,781 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,781 per sq ft
2,196 sales
Jun 2026
AED 2,696 per sq ft
2,435 sales
Mar 2026
AED 2,535 per sq ft
2,416 sales
Dec 2025
AED 2,416 per sq ft
1,959 sales
Sep 2025
AED 2,338 per sq ft
1,563 sales
Jun 2025
AED 2,305 per sq ft
1,308 sales
Mar 2025
AED 2,211 per sq ft
746 sales
Dec 2024
AED 2,188 per sq ft
500 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Can foreigners buy here?
Yes. The listing gives Bay Grove Residences 2 as freehold, so foreign buyers can own outright.
How does the price compare with nearby sales?
Our price check puts the from price about 23% below 1,663 similar one-bedroom sales in Dubai Islands (12 months to October 2026).
How is the payment split?
At the from price: AED 380,000 on booking, AED 950,000 during construction and AED 570,000 at handover. That adds up to AED 1,900,000. Separately, the 4% DLD fee comes to AED 76,000; ask when it is due.
How big are the apartments?
Roughly 866 to 3,371 sq ft, from one to four bedrooms. The listed sizes do not match, so confirm the area of your unit on the floor plan.
When is handover?
The listed handover is November 2028. Ask for a construction update before you book.
How far is the metro?
Gold Souq Metro Station is about 3.7 km away, around 8 minutes by car.
