Bay Grove Residences at Dubai Islands – Nakheel - Payment Plan
Bay Grove Residences payment plan
Bay Grove Residences by Nakheel in DAMAC Islands is sold with a 20/50/30 payment plan: 20% down payment on booking, 50% during construction and 30% on handover.
With prices starting from AED 1,850,000, the 20% down payment starts from about AED 370,000, and handover is expected in Q3 2028.
Below is the full instalment schedule and a mortgage calculator, so you can see what you pay before handover and what is left to finance. Ask us for the official payment plan PDF and the current price list.
Payment Plan Breakdown
Down Payment
On Booking Date
During Construction
Easy Installments
On Handover
Upon Completion
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| Down Payment | 20% | |
| During Construction | 50% | |
| On Handover | 30% |
Mortgage Calculator
Monthly EMI: AED 0
Breakup of Total Payment
Upfront Costs & Bank Fees
Monthly Breakdown of EMI
| Inst # | Opening Balance | Monthly EMI | Interest | Principal | Closing Balance |
|---|
Bay Grove Residences payment plan FAQ
What is the payment plan for Bay Grove Residences?
Bay Grove Residences has a 20/50/30 payment plan: 20% down payment on booking, 50% during construction and 30% on handover.
How much is the down payment for Bay Grove Residences?
The down payment is 20% of the price. For a unit starting at AED 1,850,000, that is about AED 370,000, plus the 4% DLD fee where it applies.
When is the handover of Bay Grove Residences?
Handover of Bay Grove Residences is expected in Q3 2028. The amount due on handover can be paid in cash or with a mortgage.
Developer: Nakheel · Community: DAMAC Islands · See all Nakheel projects
