Nakheel
Bay Estate
Al Mamzar, Dubai
From AED 5,200,000
- Payment plan60/40
- HandoverQ1 2031
- Units3–4 BR · Villas
Bay Grove Residences 2 is an off-plan apartments development by Nakheel in Dubai Islands, with homes from AED 1,900,000 on a 70/30 payment plan and handover expected in Q4 2028. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Overview
Bay Grove Residences 2 at Dubai Islands is the pristine second series of residential development by Nakheel featuring premium 1, 2, 3 & 4-bedroom waterfront apartments. Following the success of its first phase, this newly launched façade is sets to redefine the luxury living on the pristine Island, promising a fresh blend of modern design and natural beauty, offering a perfect balance of tranquillity and urban sophistication. With direct access to the beaches and panoramic views of the waterfront, it offers a sanctuary seamlessly crafting the indoor-outdoor living with expansive terraces and lush landscaping enhancing the serene waterfront experience.
Details
Gallery
Amenities
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 380,000 |
| Construction instalments | 50% | 950,000 |
| Handover payment | 30% | 570,000 |
| Total | 100% | 1,900,000 |
*Worked example on the starting price of AED 1,900,000. 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 | 866 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 1303 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 2090 |
| Unit type | Size (sq ft) |
|---|---|
| 4 bedrooms | 3250 |
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 Bay Grove Residences 2 start from AED 1,900,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
Nakheel offers a 70/30 payment plan: 70% during construction and 30% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
Handover is expected in Q4 2028. 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.
Bay Grove Residences 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 Bay Grove Residences 2.
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Ask about availability, the payment plan or resale rules.