Bay Grove Residences Phase 1 by Nakheel

Yes. Bay Grove Residences Phase 1 is a freehold property on Dubai Islands, open to buyers of all nationalities, whether or not they live in the UAE.

The 10 year UAE Golden Visa through property requires an investment of at least AED 2M (approx. USD 545K). At Bay Grove Residences Phase 1, the 2 bedroom apartments from AED 2.64M, the 3 bedroom apartments from AED 4.35M and the 4 bedroom penthouses from AED 7.60M are above that threshold at their starting prices. The 1 bedroom apartments start at AED 1.85M, below the threshold, so a 1 bedroom purchase does not qualify on price. The Bay Grove Residences Phase 1 Golden Visa guide covers eligibility and the application steps in detail.

The project has 296 residential units across four tiers: 1 bedroom apartments from AED 1.85M (approx. USD 504K, about 882 sq ft), 2 bedroom apartments from AED 2.64M (approx. USD 719K, 1,367 to 1,776 sq ft), 3 bedroom apartments from AED 4.35M (approx. USD 1.18M, about 2,314 sq ft) and 4 bedroom penthouses from AED 7.60M (approx. USD 2.07M, about 3,606 sq ft). The 2 bedroom range covers layouts with and without a maid's room.

The penthouses are the top tier of the project, starting at AED 7.60M (approx. USD 2.07M) with about 3,606 sq ft (335 sq m) including terraces. The developer brochure describes the four-bedroom homes as duplexes and penthouses with expansive terraces facing the sea and the city skyline, and the fact sheet allocates three parking spaces to each 4 bedroom unit.

Nakheel launched Phase 1 on a date-based schedule: 20% down payment on booking, then instalments of 10% in March 2025, 5% in July 2025, 10% in November 2025, 10% in March 2026, 10% in July 2026 and 5% in November 2026, with the final 30% on handover in September 2028. Several of those instalment dates have already passed, so the terms for a new booking are set unit by unit at reservation and written into the sales and purchase agreement.

Handover is scheduled for September 2028, which is also the developer's estimated construction completion date. The project is in its early construction phase, and each Dubai Land Department inspection is tracked in the Bay Grove Residences Phase 1 construction updates.

The project is on Island B of Dubai Islands, on the first plot you reach when arriving on the island, facing Crystal Beach, a 500 m beach. According to the developer fact sheet, approximate drive times are 6 minutes to Infinity Bridge, 18 minutes to Dubai International Airport and to BurJuman Mall, 19 minutes to Port Rashid, 25 minutes to The Dubai Mall, and 26 minutes to Downtown Dubai and to Al Mamzar Beach Park.

Residents share an infinity pool, a kids' pool and a raised ocean pool on the beachfront, a fitness centre with a yoga and training room, a clubhouse and residents' lounge with a private dining room, co-working spaces, indoor and outdoor kids' play areas, podium-level gardens, an outdoor BBQ and entertainment zone, an outdoor fitness zone, a beach boardwalk, a pet wash station, bicycle and visitor parking, and 24/7 security with an on-site FM office.

Yes. Reservation, the sales and purchase agreement, payments and registration can all be completed without travelling to Dubai, and I manage the process end to end with Nakheel on your behalf. Each stage of a remote purchase is explained in my Dubai real estate guide library.

Instalments are paid into the project's DLD-registered escrow account with First Abu Dhabi Bank P.J.S.C. and released to the developer against verified construction progress, a framework regulated by the Dubai Land Department. The Bay Grove Residences Phase 1 escrow account guide explains how the account works.

The main additional cost is the 4% DLD registration fee, calculated on the purchase price and paid to the Dubai Land Department at booking, on top of the 20% down payment. On a 2 bedroom apartment at AED 2.64M, for example, the fee comes to AED 105,600.