Bay Grove Residences - Building 04

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
115
Total Units
115
Sold
AED 3,464,000
Median Price
AED 2,370
Median Price /sqft
Construction progress: 7%
Start: Oct, 2024Completion: Mar, 2028

Bay Grove Residences - Building 04 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 Bed40880 sqft - 890 sqftAED 2.1M (2,360 /sqft)AED 2,780 /sqft
-14.87
2 Beds551,310 sqft - 2,150 sqftAED 2,720 /sqft
0
3 Beds192,170 sqft - 2,220 sqftAED 5.1M (2,330 /sqft)AED 2,790 /sqft
-16.4
4 Beds13,780 sqft - 3,780 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
1Apartment886 sqft8.62 sqft 1AED 1,886,000AED 2,129 /sqft 15, Jan 2025
1Apartment882 sqft8.6 sqft 1AED 1,878,000AED 2,129 /sqft 10, Dec 2024
2Apartment2,150 sqft74.79 sqft 1AED 3,200,000AED 1,488 /sqft 16, Dec 2024
2Apartment1,616 sqft46.14 sqft 1AED 2,814,000AED 1,741 /sqft 10, Jan 2025
3Apartment2,221 sqft33.93 sqft 1AED 4,349,000AED 1,958 /sqft 27, Feb 2025
1Apartment881 sqft8.16 sqft 10AED 2,050,000AED 2,327 /sqft 18, Feb 2025
1Apartment880 sqft8.36 sqft 10AED 2,043,000AED 2,322 /sqft 25, Nov 2024
2Apartment1,638 sqft27.07 sqft 10AED 3,809,000AED 2,325 /sqft 17, Mar 2025
2Apartment1,631 sqft26.68 sqft 10AED 3,735,000AED 2,290 /sqft 07, Mar 2025
2Apartment1,307 sqft17.54 sqft 10AED 3,277,000AED 2,507 /sqft 20, Nov 2024
3Apartment2,175 sqft29.63 sqft 10AED 5,158,000AED 2,371 /sqft 05, Dec 2024
1Apartment881 sqft8.16 sqft 11AED 2,069,000AED 2,348 /sqft 22, Nov 2024
1Apartment880 sqft8.36 sqft 11AED 2,062,000AED 2,343 /sqft 21, Mar 2025
2Apartment1,638 sqft27.07 sqft 11AED 3,844,000AED 2,347 /sqft 22, Nov 2024
2Apartment1,632 sqft26.68 sqft 11AED 3,772,000AED 2,311 /sqft 09, Dec 2024

Bay Grove Residences - Building 04 Real Estate Data – FAQ

  • What is the current property supply in Bay Grove Residences - Building 04?

    Bay Grove Residences - Building 04 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 04?

    Bay Grove Residences - Building 04 recorded 2 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 04?

    The median transaction price in Bay Grove Residences - Building 04 is AED 2,350 /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 04?

    The gross rental yield in Bay Grove Residences - Building 04 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 04?

    Property prices in Bay Grove Residences - Building 04 have shown a capital appreciation of 0% 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 04?

    There are currently 0 active off-plan projects in Bay Grove Residences - Building 04, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Bay Grove Residences - Building 04?

    The total off-plan pipeline in Bay Grove Residences - Building 04 includes approximately 115 units, which will significantly impact future supply and pricing dynamics.

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  • Is Bay Grove Residences - Building 04 a good area for property investment?

    Bay Grove Residences - Building 04 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 04, this is %, indicating relatively strong income performance compared to global markets.

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