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Bay Grove Residences B - Dubai Islands

by DUBAI ISLANDS L.L.C·PALM DEIRAResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started
Construction Progress0.0%
Project Start
Jun 17, 2025
Expected Handover
N/A
Total Units
241
Avg Unit Size
1363 sqft
Freehold Ratio
100%
Escrow Agent
The National Bank of Ras Al Khaimah PJSC (RAKBANK)
Median Price
AED 3.04M
PSF
AED 2,410/sqft
Sales 12M
1
vs Area
+12.5%
Asset Turnover
ⓘ
0.4%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
241
Avg Unit Size
1363 sqft
3BR
13.3%
1BR
40.2%
2BR
44.8%
4BR+
1.7%

Room Configuration

Unit TypeCountShare
2BR10844.8%
1BR9740.2%
3BR3213.3%
4BR+41.7%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR44.8%
108 units
0.0%
0 sold
—🚫 GHOST UNIT
1BR40.2%
97 units
100.0%
2 sold
2.49⚠️ STAGNANT
3BR13.3%
32 units
0.0%
0 sold
—⚠️ STAGNANT
4BR+1.7%
4 units
0.0%
0 sold
—⚠️ STAGNANT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
23 Jul 2026
PALM DEIRA1BRAED 2.29MAED 2,650/sqftOff-planFreehold
16 Sep 2025
PALM DEIRA1BRAED 1.94MAED 2,235/sqftOff-planFreehold
22 Aug 2025
PALM DEIRA1BRAED 2.17MAED 2,212/sqftOff-planFreehold
15 Aug 2025
PALM DEIRA2BRAED 3.43MAED 2,141/sqftOff-planFreehold
13 Aug 2025
PALM DEIRA1BRAED 2.33MAED 2,684/sqftOff-planFreehold
11 Aug 2025
PALM DEIRA3BRAED 4.84MAED 2,321/sqftOff-planFreehold
4 Aug 2025
PALM DEIRA2BRAED 2.84MAED 2,177/sqftOff-planFreehold
4 Aug 2025
PALM DEIRA1BRAED 2.31MAED 2,674/sqftOff-planFreehold
1 Aug 2025
PALM DEIRA2BRAED 3.16MAED 2,405/sqftOff-planFreehold
28 Jul 2025
PALM DEIRA1BRAED 1.96MAED 1,919/sqftOff-planFreehold
28 Jul 2025
PALM DEIRA1BRAED 2.32MAED 1,711/sqftOff-planFreehold
25 Jul 2025
PALM DEIRA2BRAED 2.96MAED 2,266/sqftOff-planFreehold
25 Jul 2025
PALM DEIRA2BRAED 3.93MAED 2,416/sqftOff-planFreehold
22 Jul 2025
PALM DEIRA2BRAED 3.53MAED 2,695/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA1BRAED 2.14MAED 2,478/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA1BRAED 2.50MAED 2,896/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA3BRAED 5.03MAED 2,412/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA3BRAED 4.84MAED 2,303/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA1BRAED 2.37MAED 2,459/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA3BRAED 5.04MAED 2,403/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA2BRAED 4.19MAED 2,576/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA2BRAED 3.10MAED 2,373/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA2BRAED 3.13MAED 2,384/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA1BRAED 2.20MAED 2,553/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA3BRAED 4.94MAED 2,367/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA1BRAED 2.27MAED 2,626/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA2BRAED 2.90MAED 2,223/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA2BRAED 3.04MAED 2,330/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA3BRAED 5.18MAED 2,471/sqftOff-planFreehold
21 Jul 2025
PALM DEIRA1BRAED 2.28MAED 2,367/sqftOff-planFreehold
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