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
Momentum: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 2,323/sqft
Last 12M:AED 2,234/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 2,234/sqft
Prior Year:AED 2,208/sqft
Community Compare: Last 90DPalm Deira
Discount-7%
Below AvgProject:AED 2,323/sqft
Community:AED 2,506/sqft
Liquidity: Last 12MExit Speed
High26%Turnover
77Sold (Last 12M)
Supply & Demand Matrix
Bay Grove Residences, Dubai Islands averaged 26% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
108 units
27 sold81 left
25%
Velocity
2 Bedrooms
148 units
37 sold111 left
25%
Velocity
3 Bedrooms
36 units
11 sold25 left
31%
Velocity
4 Bedrooms
4 units
2 sold2 left
50%
Velocity
Layouts & Units (296)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 30 units | Type Flat | Beds 2 B/R | Size 1,632 sqft | Avg Price AED 3.7M | Last Price AED 3.7M | Last Sold about 1 month ago | Sales 31 |
Units 64 units | Type Flat | Beds 1 B/R | Size 878 sqft | Avg Price AED 2.0M | Last Price AED 2.1M | Last Sold about 2 months ago | Sales 66 |
Units 42 units | Type Flat | Beds 2 B/R | Size 1,307 sqft | Avg Price AED 3.1M | Last Price AED 3.4M | Last Sold 3 months ago | Sales 45 |
Units 18 units | Type Flat | Beds 3 B/R | Size 2,174 sqft | Avg Price AED 5.2M | Last Price AED 5.0M | Last Sold 9 months ago | Sales 18 |
Units 28 units | Type Flat | Beds 2 B/R | Size 1,638 sqft | Avg Price AED 3.7M | Last Price AED 3.4M | Last Sold 9 months ago | Sales 28 |
Units 4 units | Type Flat | Beds 3 B/R | Size 2,159 sqft | Avg Price AED 4.6M | Last Price AED 4.7M | Last Sold 9 months ago | Sales 4 |
Units 35 units | Type Flat | Beds 1 B/R | Size 875 sqft | Avg Price AED 2.0M | Last Price AED 2.1M | Last Sold 9 months ago | Sales 35 |
Units 504 | Type Flat | Beds 3 B/R | Size 3,884 sqft | Avg Price AED 5.0M | Last Price AED 5.0M | Last Sold 10 months ago | Sales 1 |
Units 12 units | Type Flat | Beds 2 B/R | Size 1,636 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold 11 months ago | Sales 12 |
Units G02 | Type Flat | Beds 2 B/R | Size 2,397 sqft | Avg Price AED 3.3M | Last Price AED 3.3M | Last Sold 11 months ago | Sales 1 |
Units 103 | Type Flat | Beds 3 B/R | Size 2,221 sqft | Avg Price AED 4.3M | Last Price AED 4.3M | Last Sold 11 months ago | Sales 1 |
Units 602 | Type Flat | Beds 4 B/R | Size 3,798 sqft | Avg Price AED 9.3M | Last Price AED 9.3M | Last Sold 11 months ago | Sales 1 |
Units G01 | Type Flat | Beds 1 B/R | Size 1,110 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold 11 months ago | Sales 1 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,283 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold 11 months ago | Sales 3 |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,308 sqft | Avg Price AED 3.0M | Last Price AED 2.9M | Last Sold 11 months ago | Sales 7 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,612 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold 11 months ago | Sales 4 |
Units 104 | Type Flat | Beds 2 B/R | Size 2,572 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold 11 months ago | Sales 1 |
Units 103 | Type Flat | Beds 2 B/R | Size 1,956 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold 12 months ago | Sales 1 |
Units 105 | Type Flat | Beds 1 B/R | Size 886 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 1 |
Units 4 units | Type Flat | Beds 1 B/R | Size 871 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 4 |
Units 101 | Type Flat | Beds 2 B/R | Size 1,616 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold about 1 year ago | Sales 1 |
Units 7 units | Type Flat | Beds 3 B/R | Size 2,121 sqft | Avg Price AED 4.6M | Last Price AED 4.7M | Last Sold about 1 year ago | Sales 7 |
Units G01 | Type Flat | Beds 3 B/R | Size 3,282 sqft | Avg Price AED 4.6M | Last Price AED 4.6M | Last Sold about 1 year ago | Sales 1 |
Units 601 | Type Flat | Beds 4 B/R | Size 3,432 sqft | Avg Price AED 8.9M | Last Price AED 8.9M | Last Sold about 1 year ago | Sales 1 |
Units 104 | Type Flat | Beds 2 B/R | Size 1,280 sqft | Avg Price AED 2.9M | Last Price AED 2.9M | Last Sold about 1 year ago | Sales 1 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,664 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold about 1 year ago | Sales 3 |
Units 102 | Type Flat | Beds 2 B/R | Size 2,150 sqft | Avg Price AED 3.2M | Last Price AED 3.2M | Last Sold about 1 year ago | Sales 1 |
Units 105 | Type Flat | Beds 2 B/R | Size 3,315 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold about 1 year ago | Sales 1 |
Units 103 | Type Flat | Beds 2 B/R | Size 3,851 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold about 1 year ago | Sales 1 |
Units 106 | Type Flat | Beds 1 B/R | Size 909 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 1 |
Units G04 | Type Flat | Beds 3 B/R | Size 2,884 sqft | Avg Price AED 4.6M | Last Price AED 4.6M | Last Sold about 1 year ago | Sales 1 |
Units 101 | Type Flat | Beds 1 B/R | Size 1,023 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 1 |
Units G03 | Type Flat | Beds 2 B/R | Size 1,751 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold about 1 year ago | Sales 1 |
Units 101 | Type Flat | Beds 2 B/R | Size 1,859 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold about 1 year ago | Sales 1 |
Units 2001 | Type Flat | Beds 4 B/R | Size 3,780 sqft | Avg Price AED 9.5M | Last Price AED 9.5M | Last Sold about 1 year ago | Sales 1 |
Units G03 | Type Flat | Beds 2 B/R | Size 2,327 sqft | Avg Price AED 3.3M | Last Price AED 3.3M | Last Sold about 1 year ago | Sales 1 |
Units 102 | Type Flat | Beds 1 B/R | Size 1,049 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 1 |
Units G02 | Type Flat | Beds 2 B/R | Size 1,836 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold about 1 year ago | Sales 1 |
Units G04 | Type Flat | Beds 2 B/R | Size 2,989 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold about 1 year ago | Sales 1 |
Units G02 | Type Flat | Beds 2 B/R | Size 3,197 sqft | Avg Price AED 3.9M | Last Price AED 3.9M | Last Sold about 1 year ago | Sales 1 |
Units 802 | Type Flat | Beds 4 B/R | Size 3,406 sqft | Avg Price AED 8.6M | Last Price AED 8.6M | Last Sold about 1 year ago | Sales 1 |
Units 105 | Type Flat | Beds 2 B/R | Size 1,991 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold about 1 year ago | Sales 1 |
Units G06 | Type Flat | Beds 2 B/R | Size 1,427 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold about 1 year ago | Sales 1 |
Units 104 | Type Flat | Beds 2 B/R | Size 1,979 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold about 1 year ago | Sales 1 |
Units 106 | Type Flat | Beds 2 B/R | Size 3,578 sqft | Avg Price AED 3.5M | Last Price AED 3.5M | Last Sold about 1 year ago | Sales 1 |
Units 604 | Type Flat | Beds 3 B/R | Size 2,711 sqft | Avg Price AED 5.0M | Last Price AED 5.0M | Last Sold about 1 year ago | Sales 1 |
Units G03 | Type Flat | Beds 3 B/R | Size 2,917 sqft | Avg Price AED 4.6M | Last Price AED 4.6M | Last Sold about 1 year ago | Sales 1 |
Units G01 | Type Flat | Beds 2 B/R | Size 2,392 sqft | Avg Price AED 3.3M | Last Price AED 3.3M | Last Sold about 1 year ago | Sales 1 |
Units 102 | Type Flat | Beds 3 B/R | Size 2,927 sqft | Avg Price AED 4.7M | Last Price AED 4.7M | Last Sold about 1 year ago | Sales 1 |
49 unique layouts covering 296 units