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Bay Grove Residences Building 3

Dubai Islands , Dubai

AED 1,850,000
≈ AED 1,850,000
Free Residency Visa
Construction Progress1%
Bedrooms
1
Size
875 sqft
Price/Sqft
AED 2,114
Developer

Description

Bay Grove Residences 3 is a high-end project by Nakheel Properties, elevating the concept of luxury waterfront living. The project is set on a serene island setting and offers an exquisite set of 1 to 3-bed apartments and 4-bedroom penthouses. Situated within the chic residential area of Dubai Islands, the apartment tower provides direct beach access and captivating views of tranquil azure waters and the vibrant city skyline.
Each residence is thoughtfully designed to maximise natural light, embrace open spaces and showcase a modern aesthetic, creating a peaceful and private haven. The off-plan development boasts a prestigious address, seamlessly combining the beauty of nature with the sophistication 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 3
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 127,650
Service Charges (Est)-AED 13,125
Net Annual IncomeAED 114,525
Net Annual ROI5.8% (after expenses)
Payback Period17.2 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)7.4 km
Mall of the Emirates23.9 km
Dubai Marina30.9 km