Bay Grove Residences Phase 4 By Nakheel in Dubai Islands
Bay Grove Residences Phase 4 By Nakheel · Dubai Islands, Dubai
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Launch Price
AED 2M
Property Type
Mixed-Use
Bedrooms
1 - 4 Beds
Payment Plan
10/60/30
Handover
Q3 2028
Projected Yield
5.3 to 7.4%
Bay Grove Residences Phase 4 By Nakheel enters the Dubai Islands off-plan market as a multiple/other project with a starting price of AED 2M. A 10% booking payment secures the unit. Construction-phase instalments total 60%, with the remaining 30% due at handover scheduled for Q3 2028. The regenerating coastline here supports both short and long-term rental demand, reflected in projected gross yields in the 5.3 to 7.4% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 40,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 200,000 Due on signing SPA |
|
| During Construction | 60% | AED 40,000/mo 30 monthly instalments |
|
| On Handover | 30% | AED 600,000 Due at Q3 2028 |
|
| Total | AED 2,000,000 | ||
On Booking
10%
AED 200,000
Due on signing SPA
During Construction
60%
AED 40,000/mo
30 monthly instalments
On Handover
30%
AED 600,000
Due at Q3 2028
Total
100%
AED 2,000,000
Questions about Bay Grove Residences Phase 4 By Nakheel
What payment plan does Bay Grove Residences Phase 4 By Nakheel offer?
Bay Grove Residences Phase 4 By Nakheel uses a 10/60/30 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q3 2028.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Bay Grove Residences Phase 4 By Nakheel fits your budget and send you comparable alternatives.
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