Bay Grove Residences - Building 03

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Nakheel
42
Total Units
42
Sold
AED 2,853,500
Median Price
AED 2,170
Median Price /sqft
Construction progress: 7%
Start: Oct, 2024Completion: Mar, 2028

Bay Grove Residences - Building 03 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed13880 sqft - 1,110 sqftAED 2,780 /sqft
0
2 Beds201,300 sqft - 3,200 sqftAED 3.7M (2,300 /sqft)AED 2,720 /sqft
-15.56
3 Beds72,160 sqft - 2,930 sqftAED 2,790 /sqft
0
4 Beds23,430 sqft - 3,800 sqftAED 1,930 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
2Apartment1,859 sqft47.5 sqft 1AED 3,396,000AED 1,827 /sqft 05, Dec 2024
2Apartment1,979 sqft79.98 sqft 1AED 2,841,000AED 1,436 /sqft 18, Nov 2024
2Apartment1,956 sqft77.76 sqft 1AED 2,840,000AED 1,452 /sqft 06, Feb 2025
3Apartment2,927 sqft99.65 sqft 1AED 4,653,000AED 1,590 /sqft 18, Nov 2024
1Apartment878 sqft8.2 sqft 2AED 1,892,000AED 2,155 /sqft 19, Nov 2024
1Apartment875 sqft7.96 sqft 2AED 1,890,000AED 2,160 /sqft 21, Nov 2024
2Apartment1,612 sqft25 sqft 2AED 3,365,000AED 2,087 /sqft 22, Nov 2024
2Apartment1,305 sqft17.45 sqft 2AED 2,773,000AED 2,125 /sqft 21, Jan 2025
2Apartment1,305 sqft17.44 sqft 2AED 2,772,000AED 2,124 /sqft 05, Dec 2024
3Apartment2,159 sqft28.69 sqft 2AED 4,562,000AED 2,113 /sqft 19, Feb 2025
1Apartment878 sqft8.2 sqft 3AED 1,910,000AED 2,175 /sqft 13, Jan 2025
1Apartment875 sqft7.96 sqft 3AED 1,909,000AED 2,182 /sqft 21, Jan 2025
2Apartment1,612 sqft25 sqft 3AED 3,398,000AED 2,108 /sqft 18, Nov 2024
2Apartment1,305 sqft17.45 sqft 3AED 3,200,000AED 2,452 /sqft 28, Jul 2025
2Apartment1,305 sqft17.44 sqft 3AED 2,799,000AED 2,145 /sqft 05, Dec 2024

Bay Grove Residences - Building 03 Real Estate Data – FAQ

  • What is the current property supply in Bay Grove Residences - Building 03?

    Bay Grove Residences - Building 03 has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Bay Grove Residences - Building 03?

    Bay Grove Residences - Building 03 recorded 1 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Bay Grove Residences - Building 03?

    The median transaction price in Bay Grove Residences - Building 03 is AED 2,300 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Bay Grove Residences - Building 03?

    The gross rental yield in Bay Grove Residences - Building 03 is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Bay Grove Residences - Building 03?

    Property prices in Bay Grove Residences - Building 03 have shown a capital appreciation of 16% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Bay Grove Residences - Building 03?

    There are currently 0 active off-plan projects in Bay Grove Residences - Building 03, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Bay Grove Residences - Building 03?

    The total off-plan pipeline in Bay Grove Residences - Building 03 includes approximately 42 units, which will significantly impact future supply and pricing dynamics.

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  • Is Bay Grove Residences - Building 03 a good area for property investment?

    Bay Grove Residences - Building 03 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Bay Grove Residences - Building 03, this is %, indicating relatively strong income performance compared to global markets.

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