Bay Grove Residences Phase 2: Nakheel on Dubai Islands
Bay Grove Residences Phase 2 is a residential development by Nakheel, located on Dubai Islands in the northeast of the city. The project spans apartments and penthouses across a wide price range, with handover scheduled for September 2028. Construction started in June 2025, placing buyers entering now roughly three years from keys.
Dubai Islands: What the Address Means Day-to-Day
Dubai Islands extends into the Gulf from the Deira coastline, connected to the mainland via the Dubai Islands Bridge. Dubai International Airport is roughly 20 to 25 minutes by car. Downtown Dubai and Business Bay sit in the 35 to 45-minute range depending on traffic conditions.
For residents, the location delivers waterfront living with reasonable access to the city's core. For investors, it offers new island supply from an established developer across multiple price points.
AED 1.9M to AED 8.22M: Reading the Range
This is a wide price spread, and it covers genuinely different products within the same development.
One-bedroom apartments start at AED 1.9 million, with floor areas ranging from 865 to 971 square feet. These suit investors targeting rental income or buyers wanting a compact coastal unit. Two-bedroom apartments enter at AED 2.72 million, with layouts from 1,308 to 1,617 square feet. The variation in that band reflects multiple layout configurations across the building.
Three-bedroom apartments begin at AED 4.41 million at around 2,100 square feet. At the top, four-bedroom apartments start at AED 8.22 million, spanning 3,371 to 3,382 square feet. The project also includes four-bedroom penthouses. Buyers at these upper tiers are looking at a fundamentally different product than those entering at the one-bedroom level.
Apartments and Penthouses: Matching the Unit to the Buyer
This project covers apartments from one to four bedrooms and penthouses. One and two-bedroom buyers here typically split between investors targeting the rental market and professionals or couples looking for a primary residence with island access. Three and four-bedroom buyers lean toward families or those looking for their main home rather than an income property.
The one-bedroom floor plates at 865 to 971 square feet are compact but workable for a single occupant or couple. Two-bedroom layouts offer more range in size, with the larger units at 1,600-plus square feet feeling spacious by apartment standards.
What the Building Offers Day-to-Day
| Category | Facilities |
|---|---|
| Fitness | Gymnasium, Indoor Swimming Pool |
| Outdoor | Landscaped Gardens, Children's Play Area |
| On-Site | Restaurants, CCTV Security |
The amenity set is lean and functional. The indoor pool is the standout practical item for a Gulf climate, usable year-round even during the summer months when outdoor options become difficult. On-site restaurants cover casual dining without a car trip. The children's play area and landscaped gardens point to a project that targets residents and families, not purely the short-term rental market. CCTV coverage is standard for a development of this type.
Getting In for 20%: The Payment Structure
| Phase | Amount |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| On handover | 30% |
The 20% down payment sits at the standard level for Dubai off-plan. Buyers commit a further 50% across the construction period to September 2028, with the final 30% due at handover. The full purchase price lands at keys, with no post-handover payment component.
Construction began in June 2025. Buyers entering now are early in the cycle, which means the construction payment schedule runs across approximately three years before handover.