Bay Grove Residences Phase 2 by Nakheel in Dubai Islands Island B Golden Visa graphic with a gold visa card over a residential entrance rendering with landscaped greenery in Dubai - Presented by Tohid Fetrat

Nakheel · Dubai Islands, Island B

Bay Grove Residences Phase 2 Golden Visa

Residency From the 2 Bedroom Apartment Upward

Three of the four unit types at Bay Grove Residences Phase 2 start above the Golden Visa threshold of AED 2M ≈ USD 545K, and the 1 bedroom apartment, from AED 1.90M ≈ USD 517K, starts below it. Below is the unit-by-unit verdict, what the dated launch payment plan means for the moment you can file, and how the title deed follows the November 2028 handover.

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AED 1.90M ≈ USD 517KStarting Price
AED 2M ≈ USD 545KGolden Visa Threshold
5.72%DLD Register Progress
November 2028Handover Date

Eligibility Snapshot

Bay Grove Residences Phase 2 Golden Visa Facts

Bay Grove Residences Phase 2 is a freehold phase of 241 residences by Nakheel in the Marina district of Island B, Dubai Islands. The Dubai Land Department filed it as project 3631, Bay Grove Residences B - Dubai Islands, on 04 April 2025; construction started on 17 June 2025, and the Dubai Land Department project register recorded 5.72% on 21 July 2026, with enabling and piling works progressing on site. For residency planning the price list splits in two. The 1 bedroom apartments start at AED 1.90M ≈ USD 517K, short of the Golden Visa minimum property value of AED 2M ≈ USD 545K, while the 2 bedroom apartments from AED 2.72M ≈ USD 741K, the 3 bedroom apartments from AED 4.41M ≈ USD 1.20M and the 4 bedroom duplexes from AED 8.22M ≈ USD 2.24M each clear it alone, under the rules in force on the date of application. Handover is scheduled for November 2028, and the title deed issued after it takes over from the Oqood as the record of ownership.

Golden Visa Threshold

AED 2M ≈ USD 545K

Bay Grove Residences Phase 2 Starting Price

AED 1.9M ≈ USD 517K

Lowest Qualifying Unit

2 Bedroom Apartment

Ownership

Freehold, open to all nationalities

Registration Type

Oqood now, Title Deed at November 2028 handover

Developer

Nakheel

Snapshot dated 21 July 2026, the latest Dubai Land Department register reading on file for project 3631, with prices from current Nakheel releases. The register is checked again and these figures refreshed every quarter.

Unit by Unit

Which Bay Grove Residences Phase 2 Units Meet the AED 2M Threshold

At Bay Grove Residences Phase 2 the AED 2M ≈ USD 545K line runs between the first and second rungs of the price list. The 1 bedroom apartment is the way into the phase but not into residency: at its starting price it does not support an application alone. From the 2 bedroom apartment upward, every unit type clears the line by itself, so a buyer who wants the visa from one purchase is choosing among a 2 bedroom, a 3 bedroom and a 4 bedroom duplex on living and letting grounds, since the price test is met either way. The table works from starting prices; the registered value of the actual unit is what the application relies on.

Unit TypeSize RangeStarting PriceQualifies Alone
1 Bedroom Apartment≈ 866 to 972 sq ft (80 to 90 sq m)AED 1.90M ≈ USD 517KNo
2 Bedroom Apartment≈ 1,303 to 1,617 sq ft (121 to 150 sq m)AED 2.72M ≈ USD 741KYes
3 Bedroom Apartment≈ 2,090 to 2,109 sq ft (194 to 196 sq m)AED 4.41M ≈ USD 1.20MYes
4 Bedroom Duplex≈ 3,250 to 3,382 sq ft (302 to 314 sq m)AED 8.22M ≈ USD 2.24MYes
Three of the four unit types qualify individually at starting prices: the 2 bedroom apartment, the 3 bedroom apartment and the 4 bedroom duplex. The 1 bedroom apartment, from AED 1.90M ≈ USD 517K, falls below AED 2M ≈ USD 545K.
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Why this matters: the figure measured against the threshold is the purchase value registered with the Dubai Land Department, so a 2 bedroom apartment bought from AED 2.72M ≈ USD 741K stands above the line from the day its Oqood is registered, subject to the paid-value conditions covered below. A 1 bedroom apartment bought from AED 1.90M ≈ USD 517K does not qualify by itself, and neither would a resale unit registered under AED 2M ≈ USD 545K, so check the registered price in your own unit's contract before you file.

Payment Plan and Timing

When Off-Plan Buyers at Bay Grove Residences Phase 2 Can Apply

Bay Grove Residences Phase 2 launched on a 70/30 plan: 20% at booking (plus the 4% DLD fee), then dated instalments of 10% in May 2025, 5% in September 2025, 10% in January 2026, 10% in May 2026, 10% in September 2026 and 5% in January 2027, with the final 30% on handover in November 2028. Those dates belong to the launch schedule, so for a unit reserved now the booking amount and any instalments whose dates have passed are set out in the reservation form and the SPA. For residency, an off-plan file is normally built on the Oqood, the interim registration of the sale with the Dubai Land Department, together with evidence that the price meets the threshold and that any paid-value condition in force when you apply has been met.

Here the plan shifts the usual calculation. Its instalments follow the calendar rather than construction stages, so 70% of the price is scheduled before handover while the Dubai Land Department project register read 5.72% on 21 July 2026. For a buyer who wants residency early, that front-loading helps: once the payments set in the SPA are made, the paid-value conditions commonly applied to off-plan applications can be reached long before the buildings are finished, and a file on the Oqood during construction becomes realistic. A buyer with no deadline can wait for the title deed after the November 2028 handover and apply on completed ownership instead. Paying this much ahead of the build also makes the escrow account that holds those payments as important as the visa file, which is why the Bay Grove Residences Phase 2 escrow account guide belongs in the same checklist. Off-plan requirements are updated from time to time, so the paid-value condition is checked on the day the application goes in.

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VIP processing, zero service fee: buy through me and the Golden Visa application service costs you nothing. I prepare the documents, submit the file and follow its status until the authorities respond. The service is free; government fees apply, at the official rates the issuing authorities publish.

Read the full Off-Plan Property Golden Visa guide

The Project

An Island B Waterfront Address for a Ten-Year Residency

A Golden Visa runs for ten years, so the apartment behind it should work for a decade of living or letting. The full Bay Grove Residences Phase 2 guide sets out the layouts, the complete price list, the podium amenities and the Island B setting behind your qualifying purchase.

Bay Grove Residences Phase 2 aerial view of the waterfront community on Island B at Dubai Islands Presented by Tohid Fetrat

Bay Grove Residences Phase 2 in the Island B Marina District

Bay Grove Residences Phase 2 is a Nakheel phase of 241 apartments and duplexes in buildings linked by a landscaped podium.

View the Bay Grove Residences Phase 2 Project Guide

Golden Visa Guides

Requirements, Process, and Benefits in Full

The rules of the Golden Visa program are the same for every Dubai property, so they live in the dedicated guides below rather than being repeated here.

Golden Visa Requirements: AED 2M in Real Estate Registered in Your Name

Golden Visa requirements for property investors: real estate worth at least AED 2M, ownership proof, mortgages, off-plan rules and documents.

Read the requirements guide

Applying for the Golden Visa in Seven Steps, From Purchase to Approval

For a property investor, the seven steps run from the purchase to the visa, usually within weeks of ownership being confirmed.

Read the application guide

Golden Visa Benefits: Residency, Family Sponsorship and Long Periods Abroad

Golden Visa benefits: residency without an employer, long periods abroad without losing status and the right to sponsor your family.

Read the benefits guide

Insights

Project Insights for Bay Grove Residences Phase 2 Golden Visa Buyers

Clearing the threshold is only one part of a residency purchase made this early in construction. The construction record shows how the build is moving toward the title deed, and the escrow guide shows where each dated instalment is held until the work it pays for is verified. Read both before you commit.

Bay Grove Residences Phase 2 by Nakheel in Dubai Islands Island B Golden Visa graphic with a gold visa card over a residential entrance rendering with landscaped greenery in Dubai - Presented by Tohid Fetrat
You Are Here

Bay Grove Residences Phase 2 Golden Visa Guide

This page: the unit-by-unit threshold verdict and the application windows under the 70/30 launch plan.

Bay Grove Residences Phase 2 by Nakheel in Dubai Islands Island B construction updates cover image featuring a project rendering of beachfront residential buildings, palm trees, and turquoise waterfront in Dubai - Presented by Tohid Fetrat

Bay Grove Residences Phase 2: Island B Marina District Piling

Bay Grove Residences Phase 2, Nakheel's 241-residence phase in the Island B marina district, read 5.72% on 21 July 2026.

View Bay Grove Residences Phase 2 Construction Updates
Bay Grove Residences Phase 2 by Nakheel in Dubai Islands Island B escrow account graphic with shield and padlock icons over a poolside residential rendering in Dubai - Presented by Tohid Fetrat

Bay Grove Residences Phase 2 Escrow: Nakheel's Second Phase Account

National Bank of Ras Al Khaimah holds Bay Grove Residences Phase 2 escrow, DLD project 3631, 5.72% certified July 2026.

Verify the Bay Grove Residences Phase 2 Escrow Account

Structure

Explore Dubai Islands Structure

Residency rests on one unit, but what that unit is worth over ten years is set by everything around it. Place Bay Grove Residences Phase 2 beside its sister phases, see how Island B is taking shape, and look at Nakheel as master developer of Dubai Islands before you settle on a Golden Visa purchase.

Aerial masterplan view of Island B properties for sale at Dubai Islands in Dubai, Presented by Tohid Fetrat

Island B: Seven Waterfront Projects by Nakheel, Ellington and Beyond

Island B, on the eastern side of Dubai Islands, is a villa and beachfront residence district with seven projects for sale.

See Island B Properties for Sale
Aerial view of Dubai Islands Island B with highlighted arrow showing location of residential district along the waterfront Presented by Tohid Fetrat

Dubai Islands - Island B

See the beaches, boardwalk, bridges and Marina district that shape long-term demand around Bay Grove Residences Phase 2.

Explore the Dubai Islands Island B Community
Nakheel developer aerial view of the Palm Jebel Ali masterplan at sunset. Presented by Tohid Fetrat.

Nakheel: The Master Developer of Dubai's Island Living and Reclaimed Coastline

Founded in 2003, Nakheel created Palm Jumeirah and Dubai Islands, adding over 300 kilometers of coastline and building complete waterfront communities.

View the Nakheel Developer Profile

FAQs

Bay Grove Residences Phase 2 Golden Visa Frequently Asked Questions

Three of the four. At starting prices the 2 bedroom apartments from AED 2.72M ≈ USD 741K, the 3 bedroom apartments from AED 4.41M ≈ USD 1.20M and the 4 bedroom duplexes from AED 8.22M ≈ USD 2.24M each clear the AED 2M ≈ USD 545K threshold by themselves. The 1 bedroom apartments, from AED 1.90M ≈ USD 517K, sit below it. Eligibility is judged on the registered purchase value of the individual unit; the Golden Visa requirements guide lists the full criteria.

Not on its own at its starting price. The 1 bedroom apartments start at AED 1.90M ≈ USD 517K, which is under the minimum property value of AED 2M ≈ USD 545K used for the property route to the 10-year Golden Visa. At Bay Grove Residences Phase 2 the first unit type above that minimum is the 2 bedroom apartment, from AED 2.72M ≈ USD 741K.

On price, yes. The 4 bedroom duplexes start at AED 8.22M ≈ USD 2.24M, well clear of the AED 2M ≈ USD 545K threshold, and they are registered in the same way as the apartments: an Oqood during construction, then a title deed after the November 2028 handover. Under the current program the visa is the same whichever unit type clears the threshold, so the larger purchase buys more home rather than a longer or broader residency.

Usually, yes. Off-plan purchases are commonly accepted on the strength of the Oqood, the interim sale registration with the Dubai Land Department, once the purchase value meets the threshold and whatever share-paid condition the authorities apply on the day you file has been satisfied; those conditions are updated from time to time. Buyers who prefer to file on completed ownership can wait for the title deed after handover in November 2028. The off-plan Golden Visa guide walks through that route step by step.

The launch plan takes 20% at booking, together with the 4% DLD fee, then 50% in dated instalments between May 2025 and January 2027, and 30% on handover in November 2028. That fee is paid on top of the price and is not part of the value measured against the threshold. Because the instalments follow calendar dates rather than construction stages, 70% of the price is scheduled before handover, so buyers on this plan tend to meet the paid-value conditions commonly applied to off-plan files early in the build. For a unit reserved now, the booking amount and any catch-up of instalments whose dates have passed are fixed in the reservation form and the SPA.

Often, with conditions. For joint ownership the approach commonly applied assesses each owner's share of the registered value against the AED 2M ≈ USD 545K threshold, so at starting prices an equal two-way split of a 4 bedroom duplex gives each owner about AED 4.11M ≈ USD 1.12M, while the same split of a 2 bedroom apartment gives about AED 1.36M ≈ USD 370K each. Mortgaged property has been accepted with a letter from the lending bank, subject to conditions on the lender and the amount paid. Both rules are set by the authorities and change from time to time, so the treatment is confirmed against the regulations in force when you apply.

The property route generally allows the investor to sponsor a spouse and children, and in some cases other family members, under the sponsorship conditions in force at the time of application. Family sponsorship follows the investor's own eligibility, so at Bay Grove Residences Phase 2 it starts from a unit that clears the AED 2M ≈ USD 545K threshold: at starting prices, a 2 bedroom apartment or larger. What sponsorship covers is set out in the Golden Visa benefits guide.

The property route currently grants a 10-year residence visa that can be renewed. Renewal generally depends on still holding qualifying property when the renewal is filed, so selling the unit, or holding a share below the threshold, affects the next renewal under the rules then in force. For a buyer who applies on the Oqood, the title deed issued after the November 2028 handover is expected to become the ownership record used for later renewals.

The usual sequence is: sign the SPA and pay the booking amount, the developer registers the sale with the Dubai Land Department as an Oqood, and once the purchase value and any paid-value condition in force are met, the application is filed with the ownership record, passport and photographs, followed by a medical test and Emirates ID biometrics. Document lists and timelines are set by the issuing authorities and change from time to time; each step is covered in the how to apply guide.

No. A qualifying purchase gives you the basis to apply; the decision rests with the issuing authorities, which check ownership, identity and security clearance against the requirements current on the day you file. The visa is a residence permit, not citizenship or a UAE passport, and it stays tied to holding qualifying property. Progress on the building behind the application is tracked on the Bay Grove Residences Phase 2 construction updates page.

No. Buyers who purchase through this advisory receive the VIP application service free: the documents are prepared, the file is submitted and its status is followed up at no charge. The service is free, government fees apply, at the rates the issuing authorities publish at the time of application.

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments

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Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is making sure the property you buy actually qualifies before you commit, with the VIP visa application service included free for my buyers. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.

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