Bay Estate Phase 1 by Nakheel

Bay Estate Phase 1 is the first release of villas and townhouses at Bay Estate, Nakheel's private residential estate on Island E at Dubai Islands. It comprises 357 homes across 3 and 4 bedroom townhouses, 4 bedroom attached villas and 4 bedroom garden villas, launching in the Verda neighbourhood, with handover scheduled for January 2031.

Bay Estate Phase 1 is on Island E at Dubai Islands, reached by a dedicated bridge from Al Khaleej Street and the Al Mamzar waterfront. Approximate drive times are 18 minutes to DXB Airport, 20 minutes to J1 Beach, 28 minutes to Burj Al Arab, Burj Khalifa and Downtown Dubai, 28 minutes to DIFC and 32 minutes to Palm Jumeirah.

Four home types are offered: the 3 Bedroom Townhouse at AED 5.90M ≈ USD 1.61M (≈ 3,100 sq ft, 288 sq m), the 4 Bedroom Townhouse at AED 6.90M ≈ USD 1.88M (≈ 3,500 sq ft, 325 sq m), the 4 Bedroom Attached Villa at AED 7.20M ≈ USD 1.96M (≈ 3,700 sq ft, 344 sq m) and the 4 Bedroom Garden Villa at AED 10.00M ≈ USD 2.72M (≈ 5,200 sq ft, 483 sq m). The starting price is therefore AED 5.90M ≈ USD 1.61M, and the final price of a specific home depends on its position and the allocation released at launch.

Nakheel accepts Expressions of Interest for Bay Estate from Friday 25 September 2026 at 10:00 AM. The minimum EOI deposit is AED 100K ≈ USD 27K for the 3 and 4 bedroom townhouses, the 4 bedroom (G+1) and 4 bedroom Plus (G+2) attached villas and the 4 bedroom garden villas. Accepted payment modes are manager's cheque, personal cheque, bank transfer and credit card, with cheque and card payments taken only at Nakheel's Sales Boutique in City Walk. Manager's cheques are not deposited or encashed until allocations are confirmed, and the EOI is refundable. Nakheel will announce the final EOI collection date in due course.

Allocation priority is determined strictly by EOI submission date and time, together with deposit payment. Incomplete submissions, and EOIs with partial or missing payments, are ranked lower in the allocation sequence. EOIs may only be submitted for individual transactions, bulk submissions are not permitted, and cheques issued by third parties are not accepted.

The villas and townhouses follow a 60/40 plan: 20% down payment in October 2026, 5% in March 2027, 5% in August 2027, 10% in January 2028, 10% in June 2028, 5% in November 2028, 5% in April 2029 and 40% on handover in January 2031. The 4% DLD registration fee is paid in addition to the purchase price.

Handover is scheduled for January 2031, which is also when the final 40% payment falls due. Nakheel's estimated construction completion date falls in the same month, and the project is currently at EOI stage.

The main additional cost is the 4% DLD registration fee, part of the property registration framework regulated by the Dubai Land Department, paid alongside the 20% down payment. On the 3 Bedroom Townhouse at AED 5.90M ≈ USD 1.61M, the fee is AED 236K ≈ USD 64K. The notes on Nakheel's plans also leave any swimming pool and the garden landscaping outside the sale price, to be funded by the owner.

Yes. Bay Estate Phase 1 is freehold and open to buyers of all nationalities, whether resident in the UAE or not.

All four home types are priced above the AED 2M ≈ USD 545K property value threshold for the 10-year UAE Golden Visa. How that threshold applies to an off-plan purchase at EOI stage is explained in the Bay Estate Phase 1 Golden Visa guide.

Yes. The EOI, the reservation and the sale agreement can all be completed remotely, and I manage the file end to end with Nakheel on your behalf, including the deposit route and document checks. Each stage of a remote purchase is documented in my Dubai real estate guide library

Residents share a beach club with a private gym, swimming pool and dining, two pool clubhouses, two swimmable lagoons with an open-air yoga area, multi-sport courts, shared community pools, children's play areas, a marina with direct sea access, a waterfront promenade, lawns and shaded walking routes, a gym and cafe, multipurpose rooms, and Agora, the estate's hub for everyday amenities, waterfront dining and marina-side retail.