Bay Grove Residences Phase 3 Golden Visa

The UAE Golden Visa property route currently applies a minimum property value of AED 2M ≈ USD 545K, assessed on the registered purchase value of the unit rather than on a price-list figure. At Bay Grove Residences Phase 3, the 2 bedroom apartments from AED 2.80M ≈ USD 762K, the 3 bedroom apartments from AED 4.80M ≈ USD 1.31M and the 4 bedroom duplexes from AED 9.70M ≈ USD 2.64M start above that value, while the 1 bedroom apartments from AED 1.90M ≈ USD 517K start below it. The rules that apply are those in force at the time of application, set out in the Dubai Golden Visa requirements guide.

The 1 bedroom apartments at Bay Grove Residences Phase 3 start from AED 1.90M ≈ USD 517K for approximately 862 sq ft (80 sq m), which at that starting price is AED 0.10M ≈ USD 27K below the AED 2M ≈ USD 545K minimum property value. A 1 bedroom purchase at the starting price therefore does not meet the property threshold by itself. The 2 bedroom apartment, from AED 2.80M ≈ USD 762K, is the smallest layout in the phase whose starting price clears the threshold.

Yes, on value. The 4 bedroom duplexes at Bay Grove Residences Phase 3 start from AED 9.70M ≈ USD 2.64M for approximately 3,369 sq ft (313 sq m), more than four times the AED 2M ≈ USD 545K minimum property value, and each duplex is a single registered unit, so one purchase is assessed on its own. That headroom also leaves room for mortgage or joint-ownership structures that would take a smaller unit below the line, although any application remains subject to the requirements in force at the time it is filed.

Off-plan applications are commonly accepted on the strength of the Oqood registration issued by the Dubai Land Department, together with proof that the paid share of the price meets the conditions applied at the time of application, which are updated from time to time. Bay Grove Residences Phase 3 was at the enabling and piling stage, read at 5.7% in the DLD register on 22 July 2026, with handover scheduled for March 2029, when the title deed can support a completed-property application instead. The off-plan property Golden Visa guide explains both routes.

Nakheel's published plan is 20% on booking plus the 4% DLD fee, six calendar-dated instalments totalling 50% between September 2025 and May 2027, and 30% on handover in March 2029. With 70% of the price scheduled before handover, the commonly applied paid-value conditions for off-plan applications can usually be reached during construction. Several dates in the launch schedule have already passed, so the instalment dates for a new booking are the ones confirmed in the SPA.

Mortgaged property is commonly accepted for the Golden Visa, usually with a letter from the lending bank, subject to the conditions in force when you apply. For joint ownership, the qualifying value is commonly assessed on each owner's share: a Bay Grove Residences Phase 3 2 bedroom apartment from AED 2.80M ≈ USD 762K split equally gives each owner AED 1.40M ≈ USD 381K, below the AED 2M ≈ USD 545K minimum, while a 4 bedroom duplex from AED 9.70M ≈ USD 2.64M split equally gives each owner AED 4.85M ≈ USD 1.32M. The rule applied to each ownership structure is the one in force at the time of application.

Under the program's current terms, a Golden Visa holder can generally sponsor a spouse and children, and in some cases parents, subject to the eligibility conditions and documents required at the time of application. Family visas are tied to the main holder's residency, so their status follows the Bay Grove Residences Phase 3 property that supports it. The Dubai Golden Visa benefits guide covers who can be included.

The property Golden Visa is currently issued for 10 years and is renewable. Renewal is commonly assessed on whether the holder still owns qualifying property at the required value, so selling the Bay Grove Residences Phase 3 unit, or replacing it with property below AED 2M ≈ USD 545K, would affect the next renewal. The term and the renewal conditions are those in force at the time, which are updated from time to time.

The sequence usually runs from booking and signing the SPA with Nakheel, to Oqood registration of the Bay Grove Residences Phase 3 unit with the Dubai Land Department, to the residency application with the property documents, followed by the medical test, biometrics and Emirates ID issuance. Timing depends on the paid-value conditions for off-plan property in force at the time. Each step is detailed in the guide to applying for the UAE Golden Visa.

No. Buyers who purchase at Bay Grove Residences Phase 3 through this advisory receive the VIP Golden Visa application service free of any service fee: preparing the documents, filing the application and tracking it to a decision. Government fees still apply and are paid to the issuing authorities at the rates in force when the application is made.

The Golden Visa is a renewable residency permit, not citizenship, and a Bay Grove Residences Phase 3 purchase makes a buyer eligible to apply rather than guaranteeing approval, which depends on the requirements in force at the time, including ownership verification and security checks. The visa does not change the SPA terms, the payment schedule or the March 2029 handover date. Construction progress toward that date is recorded on the Bay Grove Residences Phase 3 construction updates page.