Bay Grove Residences
A Nakheel apartment tower on Dubai Islands, launched Dec 2024 and sold out. Property Finder lists handover for Q1 2028, Propsearch estimates September 2028.
Short answer
Bay Grove Residences launched in December 2024 from about AED 1.85 million. Property Finder lists handover for the first quarter of 2028, while Propsearch estimates September 2028. The project is sold out by the developer, with a resale recorded at AED 2.08 million for a 1 bedroom unit in November 2025. The published payment plan is 20% at booking, 50% during construction and 30% at handover.
- Status
- under construction
- Handover
- Q1 2028 (Property Finder) or Sep 2028 (Propsearch est.)
- Payment plan
- 20 / 50 / 30 (booking / construction / handover)
- Starting price
- From AED 1.85M (launch, Dec 2024)
Launch price, from
AED1.85M
Dec 2024 launch. Property Finder
Recent resale, 1 bedroom
AED2.08M
Nov 2025. Propsearch
Handover date
Q1 2028 or Sep 2028
Property Finder vs Propsearch estimate
Payment plan
20 / 50 / 30
Booking / construction / handover. Property Finder
When will Bay Grove Residences be handed over?
Two dates are published for this project. Property Finder lists the first quarter of 2028. Propsearch estimates September 2028, about six months later. Neither date has passed. The main construction contract, valued at more than AED 800 million, was awarded in September 2026.
What is the payment plan?
Property Finder lists 20% at booking, 50% during construction and 30% at handover.
As a worked example only, for a 1 bedroom unit at the launch price of AED 1.85 million, plus the 4% DLD registration fee of AED 74,000: the 20% booking share is AED 370,000, the 50% construction share is AED 925,000, and the 30% due at handover is AED 555,000.
What do homes cost?
| Point in time | Unit | Price |
|---|---|---|
| Launch, Dec 2024 | 1 bedroom, from | AED 1.85M |
| Resale, Nov 2025 | 1 bedroom, 880 sq ft | AED 2.08M |
| Resale, Aug 2026 | 2 bedroom, 1,636 sq ft | AED 3.67M |
| Resale, Sep 2026 | 3 bedroom, 2,174 sq ft | AED 5.06M |
The development is sold out by the developer. Recent resale prices per square foot have ranged from about AED 2,220 to AED 2,600.
What to check before booking
- Which handover date applies to your unit, since Property Finder and Propsearch differ by about six months.
- How the 4% DLD fee is billed alongside the 20/50/30 instalments, in writing, before you book.
- The DLD project status for this building, through Dubai Land Department’s project status enquiry service.
- Whether you are buying resale, since the project is sold out by the developer and current listings are resales at prices above launch.
Questions buyers also ask
Is Bay Grove Residences sold out?
Yes, according to its Property Finder project page (accessed 28 Sep 2026).
When will Bay Grove Residences be handed over?
Property Finder lists the first quarter of 2028. Propsearch estimates September 2028. Check the date in your sale and purchase agreement (Property Finder; Propsearch, accessed 28 Sep 2026).
What is the payment plan for Bay Grove Residences?
20% at booking, 50% during construction and 30% at handover (Property Finder, accessed 28 Sep 2026).
How much do apartments cost at Bay Grove Residences?
Launch prices were from about AED 1.85 million in December 2024. A 1 bedroom unit resold for AED 2.08 million in November 2025 (Property Finder; Propsearch, accessed 28 Sep 2026).
Where is Bay Grove Residences located?
On Dubai Islands, within Nakheel's Deira masterplan (Property Finder, accessed 28 Sep 2026).