New homes in Bay Grove Residences at Dubai Islands start at AED 1,850,000; keys are due Sep 2028; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 107 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Bay Grove Residences, Dubai Islands. Their median price is AED 2,264 per sq ft (about AED 1,970,000 at 870 sq ft). This project's from price is AED 2,126 per sq ft (AED 1,850,000 for its smallest home, 870 sq ft), 6% less.
Keys
Sep 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 3 beds
Sizes
870 to 3,884 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 2,126 per sq ft
Similar off-plan homes: AED 2,264 per sq ft
RERA project
3293
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Mar 2028
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
296
In 4 buildings
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 370,000
Feb 2027
While it is built
7.1%
AED 132,143
May 2027
While it is built
7.1%
AED 132,143
Jul 2027
While it is built
7.1%
AED 132,143
Oct 2027
While it is built
7.1%
AED 132,143
Jan 2028
While it is built
7.1%
AED 132,143
Apr 2028
While it is built
7.1%
AED 132,143
Jun 2028
While it is built
7.1%
AED 132,143
Sep 2028
Keys
30%
AED 555,000
Booking payment, 20%
AED 370,000
Dubai Land Department fee (Oqood), 4%
AED 74,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 444,000
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
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 107 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Bay Grove Residences, Dubai Islands, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Bay Grove Residences, Dubai Islands sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 107 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Bay Grove Residences, Dubai Islands, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,264 per sq ft
AED 2,128 to AED 2,179 per sq ft
15 sales
AED 2,179 to AED 2,230 per sq ft
23 sales
AED 2,230 to AED 2,282 per sq ft
21 sales
AED 2,282 to AED 2,333 per sq ft
19 sales
AED 2,333 to AED 2,384 per sq ft
10 sales
AED 2,384 to AED 2,436 per sq ft
9 sales
AED 2,436 to AED 2,487 per sq ft
4 sales
AED 2,487 to AED 2,538 per sq ft
6 sales
AED 2,128 per sq ftAED 2,538 per sq ft
This project AED 2,126 per sq ft, below every sale
Half of the sales sold for AED 2,202 to AED 2,345 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 2,128 to AED 2,179 per sq ft
15
AED 2,179 to AED 2,230 per sq ft
23
AED 2,230 to AED 2,282 per sq ft
21
AED 2,282 to AED 2,333 per sq ft
19
AED 2,333 to AED 2,384 per sq ft
10
AED 2,384 to AED 2,436 per sq ft
9
AED 2,436 to AED 2,487 per sq ft
4
AED 2,487 to AED 2,538 per sq ft
6
The 3 closest sales
Picked from the 107 similar sales above, closest in size to this project's smallest home.
Jan 2025AED 1,886,000AED 2,166 per sq ftBuilding 01, 871 sq ft
Dec 2024AED 1,963,000AED 2,254 per sq ftBuilding 01, 871 sq ft
Nov 2024AED 1,925,000AED 2,210 per sq ftBuilding 01, 871 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 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 1,850,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
6% below 107 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
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
Four buildings linked by podium gardens make up Bay Grove Residences, a Nakheel project in Dubai Islands' Marina District, with apartments, duplexes and penthouses from AED 1,850,000 and a listed handover of September 2028. The from price per square foot is about 6% below 107 one-bedroom off-plan sales in the project over the 24 months to October 2026.
The Dubai Land Department lists 107 one-bedroom off-plan sales here in the 24 months to October 2026. The from price per square foot is about 6% below their median.
The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 370,000 on booking, AED 925,000 during construction and AED 555,000 at handover, listed for September 2028. The Land Department fee is 4% of the price, AED 74,000 at the from price.
The four buildings share podium gardens and an infinity pool. The listing gives about 877 sq ft for one bedroom, 1,305 sq ft for two and 2,159 sq ft for three, and also mentions four-bedroom duplexes and penthouses, while its bed range stops at three. Sizes run from 870 to 3,884 sq ft overall, so check the floor plans. Homes have private terraces.
By our map, Deira Islands Beach is about 1.9 km away and Dubai Hospital about 2.3 km. Gold Souq Metro Station is about 3.7 km away, around 8 minutes by car, and the World Trade Centre about 16 minutes. Ask Nakheel which parts of Dubai Islands are due to be finished by your handover date.
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
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
Show as tableShow as chart
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
Who is building Bay Grove, and is it freehold?
Nakheel. The project is in Dubai Islands' Marina District and is listed as freehold.
Am I paying less than other buyers in the project?
The from price per square foot is about 6% below the median of 107 one-bedroom off-plan sales in this project over the 24 months to October 2026.
What will I pay at each stage?
At the from price: AED 370,000 on booking, AED 925,000 during construction and AED 555,000 at handover. The 4% Land Department fee is AED 74,000 at that price.
Which homes can I buy?
One- to three-bedroom apartments of about 877 to 2,159 sq ft, plus four-bedroom duplexes and penthouses.
How long is the drive to the rest of the city?
By our estimate, Gold Souq Metro Station is about 8 minutes by car and the World Trade Centre about 16 minutes.
What shared facilities are planned?
Podium gardens, an infinity pool, a kids' pool, a gym, a lobby and covered parking.
