About Bay Residences Dubai Islands
Bay Residences Dubai Islands is a residential and hotel development by Nakheel, in Palm Deira, Dubai. It rises 11 storeys (a ground floor, 2 podium levels and 8 floors), built as a concrete structure with internal and external finishes. The project comprises 292 homes across 5 buildings.
Key information
Developer
Nakheel
- Expected handover
- Q4 2026
- Status
- Under construction
- Location
- Palm Deira, Dubai
- Master project
- Palm Deira
- Construction started
- 2024
- Number of buildings
- 5
- Number of units
- 292
- Registered with DLD
- 20 Jul 2023
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019000078015
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction48% complete
- Expected handoverQ4 2026
Construction progress
59 inspection photos from the Dubai Land Department. Latest 22 Jun 2026 at 48% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
24 Elevators
12 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
326
Median price
AED 4.3M
Median price / sqft
AED 3K+7%
Off-plan share
94%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 102 | 1,133 sqft | AED 2.6M | AED 2K |
| 2 Bed | 141 | 2,056 sqft | AED 5.2M | AED 3K |
| 3 Bed | 61 | 2,851 sqft | AED 6.8M | AED 3K |
| 4 Bed | 2 | 11,286 sqft | AED 17.3M | AED 2K |
Price per sqft by year
+7% since 2023AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 01 Jun 2026 | Off-plan | 1,503 sqft | AED 4.7M | AED 3K |
| 25 May 2026 | Off-plan | 2,286 sqft | AED 7.0M | AED 3K |
| 04 May 2026 | Off-plan | 1,002 sqft | AED 2.5M | AED 3K |
| 21 Apr 2026 | Off-plan | 4,381 sqft | AED 6.9M | AED 2K |
| 16 Jan 2026 | Off-plan | 1,699 sqft | AED 4.3M | AED 3K |
| 01 Dec 2025 | Off-plan | 1,003 sqft | AED 2.5M | AED 2K |
| 24 Nov 2025 | Off-plan | 1,504 sqft | AED 4.7M | AED 3K |
| 05 May 2025 | Off-plan | 1,502 sqft | AED 4.4M | AED 3K |
Unit mix
302 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 94 | 995 - 1,828 sqft |
| 2 B/R | 132 | 1,501 - 5,163 sqft |
| 3 B/R | 58 | 2,018 - 6,758 sqft |
| 4 B/R | 12 | 11,064 - 11,507 sqft |
| Commercial | 6 | - |
Payment plan
Payment plans are set by Nakheel and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Deira, Dubai.
Bay Residences Dubai Islands
Dubai, United Arab Emirates
Frequently asked questions
Bay Residences Dubai Islands has a planned handover of Q4 2026, and the latest DLD inspection puts construction at 48% complete.
