Bay Grove Residences, Dubai Islands
Off-PlanDeveloperDUBAI ISLANDS L.L.C
CommunityPalm Deira
AreaPalm Deira
Started
1 year 1 month ago22-12-2024
Handover
In 2 years 1 month15-03-2028
Status
0% BuiltIn Progress
Project Description
A residential project located at Dubai Islands. The Project Introduces one combined Basement, one combined Ground + 4 buildings: Building 01 = B+G+8+R (59 units) Building 02 = B+G+13+R (80 units) Building 03 = B+G+7+R (42 units) Building 04 = B+G+20+R (115 units). The Residences consist of a total of 296 Apartments with unit mix of 1-Bedroom, 2-Bedrooms, 3-Bedrooms, and 4-Bedroom (Simplex & Duplex Apartments).
Performance Alpha
Developer Sales: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 2,323/sqft
Last 12M:AED 2,237/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 2,237/sqft
Prior Year:AED 2,209/sqft
Community Compare: Last 90DPalm Deira
Discount-7%
Below AvgProject:AED 2,323/sqft
Community:AED 2,504/sqft
Layouts & Units (296)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-20 | Inventory 108units 17 layouts · Typically 1 parking 8-30 sqm balcony | Size Range 871-1,110sqft | Price Range AED 1.9M - AED 2.2M | Avg PSF 2,272 | Sales 110 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-19 | Inventory 148units 32 layouts · Typically 1 parking 15-232 sqm balcony | Size Range 1,280-3,851sqft | Price Range AED 2.7M - AED 4.1M | Avg PSF 2,178 | Sales 152 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-19 | Inventory 36units 11 layouts · Typically 1 parking 23-185 sqm balcony | Size Range 2,121-3,884sqft | Price Range AED 4.3M - AED 5.6M | Avg PSF 2,162 | Sales 36 | Trend — | |
Asset Class 4 Bed FlatFloors 6-20 | Inventory 4units 4 layouts · Typically 1 parking 47-117 sqm balcony | Size Range 3,406-3,798sqft | Price Range AED 8.6M - AED 9.5M | Avg PSF 2,521 | Sales 4 | Trend — |
Grouped into 4 asset classes covering 296 units