Home / Properties / Bay Grove Residences Building 2

Bay Grove Residences Building 2

Dubai Islands , Dubai

AED 1,850,000
≈ AED 1,850,000
Free Residency Visa
Construction Progress1%
Bedrooms
1
Size
871 sqft
Price/Sqft
AED 2,124
Developer

Description

Bay Grove Residences 2 is a signature development by Nakheel redefining luxury waterfront living. Nestled in a picturesque island setting, this sophisticated residential complex at Dubai Islands will offer direct beach access, breathtaking views of serene azure waters and the city’s skyline. This exclusive development will feature premium 1, 2 and 3-bedroom apartments and 4-bedroom penthouses.
This off-plan project is designed to allow natural light, open spaces and modern aesthetics. Each residential unit is meticulously planned to offer a serene and private retreat. The off-plan development boasts a coveted address that effortlessly blends natural beauty with the allure of waterfront living.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden
Barbeque Area

Property Details

Property TypeApartment
DeveloperNakheel
ProjectBay Grove Residences Building 2
CommunityDubai Islands
CompletionOff-Plan - Q1 2028
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,850,000
DLD Fee (4%)AED 74,000
Trustee FeeAED 4,200
Agency (2%)AED 37,000
Total InvestmentAED 1,965,200

Expected Annual Returns

Expected Annual RentAED 135,050
Service Charges (Est)-AED 13,065
Net Annual IncomeAED 121,985
Net Annual ROI6.2% (after expenses)
Payback Period16.1 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa12.8 km
Dubai Mall12.7 km
Dubai Airport (DXB)7.5 km
Mall of the Emirates23.9 km
Dubai Marina30.9 km