Nakheel
Bay Estate
Al Mamzar, Dubai
From AED 5,200,000
- Payment plan60/40
- HandoverQ1 2031
- Units3–4 BR · Villas
Nakheel Rixos Phase 2 is an off-plan apartments and duplexes development by Nakheel in Deira, Dubai, with homes from AED 3,498,800 on an 80/20 payment plan and handover expected in Q1 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Overview
Nakheel Rixos Phase 2 stands as the crowning jewel within Dubai Islands, offering a final opportunity with exclusive 1 to 3-bedroom apartments, 4-bedroom duplexes with large terrace, plus beach houses with gardens, designed for those seeking a dream home in an exclusive community. This development artfully combines sophistication with tranquility, featuring a diverse array of residences, defining luxury beachfront living.
Nestled within the serene embrace of Dubai Islands, this development offers a serene escape from the city's hustle and bustle. Enjoy breathtaking views of pristine beaches, azure waters, and well-known landmarks, creating a picturesque backdrop to your waterfront lifestyle. The horizon meets the shoreline, inviting residents to immerse themselves in the vibrant energy of the city while savoring the tranquil waterfront environment.
As a resident, access to private amenities and bespoke services by Rixos awaits here, creating a lifestyle where waterfront allure seamlessly integrates with the city's vibrant energy. Picture a life where the horizon meets the shoreline, and experience the pinnacle of beachfront living in these exclusive apartment residences.The collection of residences is a testament to exquisite craftsmanship and design. Embrace the waterfront lifestyle allure with stylish interiors that reflect modern elegance, seamlessly blending with the natural beauty that surrounds.
Residents can indulge in state-of-the-art fitness centers, refreshing swimming pools, rejuvenating spa facilities, and sports courts within the development. Vibrant retail outlets, fine dining establishments, and entertainment options ensure a dynamic lifestyle. The community also features car parking, hotels, resorts, a golf course, retail outlets, and F&B establishments. For families, a thrilling Theme Park and Water Park add excitement, while an exhilarating Surfing Park caters to adventure enthusiasts.
Details
Gallery
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 699,760 |
| Construction instalments | 60% | 2,099,280 |
| Handover payment | 20% | 699,760 |
| Total | 100% | 3,498,800 |
*Worked example on the starting price of AED 3,498,800. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
| Unit type | Size (sq ft) |
|---|---|
| 1 bedroom | 1000 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 1519 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 2857 |
| Unit type | Size (sq ft) |
|---|---|
| 4 bedrooms | 7673 |
Location
Investment
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer

Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Homes at Nakheel Rixos Phase 2 start from AED 3,498,800 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
Nakheel offers an 80/20 payment plan: 80% during construction and 20% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
Handover is expected in Q1 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Nakheel Rixos Phase 2 is developed by Nakheel. See the developer page for their other projects in Dubai.
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Nakheel Rixos Phase 2.
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