Urgent Sale | 18.6% Below OP | 3 BR in Bay Grove Residences 6

Overview of the deal

A seller who needs to move quickly is offering a three-bedroom apartment in Bay Grove Residences 6 on Dubai Islands, developed by Nakheel. The asking price is AED 4,100,000. By the seller's figures, the original price plus the 4% Dubai Land Department fee came to AED 5,038,800, so this price sits AED 938,800, or 18.6%, below that figure.

Deals like this appear in Dubai real estate when an owner would rather sell now than wait for completion.

The unit

Among apartments for sale in Dubai at this stage of construction, this one offers a full sea view from a low floor and its own balcony. The key facts:

• Bedrooms: 3

• Size: 2,060 sq ft

• Floor: low

• View: full sea view

• Outdoor space: balcony

• Expected handover: Q1 2029

This is a 3 bedroom apartment Dubai families can grow into, with space for living and dining areas alongside the bedrooms. We can share the floor plan on request.

The building and community

Bay Grove Residences 6, also listed as Building B6, is part of the Bay Grove Residences development on Dubai Islands. Nakheel is the master developer of Dubai Islands and the company behind Palm Jumeirah, Palm Jebel Ali, The World Islands, Jumeirah Park and Nad Al Sheba Villas. Its name is closely tied to the waterfront properties Dubai has become known for.

Amenities and final specification will be confirmed by the developer, so ask us for the latest brochure. For buyers who follow Nakheel projects, this is a way to own on Dubai Islands through the resale market.

Price, discount and payment position

The seller describes AED 4,100,000 as the last price. On transfer, the buyer pays:

• Payment to the seller: AED 1,919,750

• DLD transfer fee (4% of the original price plus AED 40): AED 193,840

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 86,100

That comes to AED 2,204,940 on transfer. The remaining AED 2,180,250 follows the developer's schedule:

• 15 January 2027: AED 484,500

• 15 May 2027: AED 242,250

• On handover, 15 March 2029: AED 1,453,500

The total cost to the buyer, fees included, is AED 4,385,190, and the DLD fee is charged on the original price. Two instalments in 2027 and the largest amount at handover make this a payment plan Dubai buyers can budget around.

Why this deal and for whom

For Dubai property investment, the case is a large sea-view unit priced below its original cost, with time between the last 2027 instalment and the 2029 handover to arrange the final payment.

It suits families who want three bedrooms and a sea view and can wait until 2029. Investors comparing off-plan projects Dubai wide should set this price against current launch prices on Dubai Islands, and we can pull those comparisons for you.

What happens next

Urgent sales move faster than most properties for sale in Dubai, and the unit may be sold before this page is updated. The usual steps are:

• Contact Mahboob Estate to confirm availability and the current price

• Review the original sale agreement and the developer's statement of account

• Sign a sale agreement (MOU) with the seller

• Obtain the developer's no objection certificate for the transfer

• Complete the transfer at a trustee office and pay the fees listed above

As a real estate agency Dubai buyers can reach directly, we check the payment status and paperwork with you before money changes hands.

FAQ

Is the 18.6% discount guaranteed?

No. It is the seller's figure, comparing AED 4,100,000 with AED 5,038,800, so verify it against the original sale agreement when you enquire.

How much do I need at transfer?

AED 2,204,940, covering the payment to the seller, the DLD fee, the trustee office fee and the agency commission; anyone who plans to buy property in Dubai on resale should budget for these fees up front.

When is handover?

The handover payment is dated 15 March 2029, within the Q1 2029 completion listed for the project. Dates can move, so confirm the timeline with Nakheel.