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The main construction contract for Phases 1 and 3 of the sold-out Bay Grove Residences on Dubai Islands has gone to Metac General Contracting. Main works across seven buildings are due to finish in late 2028.

Dubai Islands · Construction Milestone

Nakheel Awards a Dh800 Million Contract to Build 537 Bay Grove Homes

MARKET DESK 3 MIN READ NAKHEEL · BAY GROVE RESIDENCES

Contract Value

Over Dh800 million

Main construction contract, awarded by Nakheel.

Homes Covered

537

Across seven buildings in two phases.

Unit Sizes

1 to 4 bedrooms

A range from smaller apartments to family homes.

Main Works Due

Late 2028

Completion of main construction, not a handover date.

Why This Matters

A fully sold project is judged by one thing: whether it gets built on time. Appointing a main contractor is the step that turns Bay Grove from a sales success into a construction programme, with a named builder, a scope and a completion target for the main works. It reduces delivery uncertainty for existing owners, though it does not remove it.

What the Contract Covers

Two Phases, Seven Buildings

Phase 14 buildings

296 homes

Phase 33 buildings

241 homes

That works out at roughly 74 homes per building in Phase 1 and 80 in Phase 3.

The scope also includes:

Basement construction

Associated infrastructure

Swimming pools

Play courts

Fitness centre

Not in This Award

The contract covers Phases 1 and 3 only. Phase 2 is not mentioned, so its status and timeline should be confirmed separately. The roughly Dh1.5 million of contract value per home is a rough indicator of main construction cost, not a sale price or a full cost per home.

What It Means

For Owners, Buyers and the District

Delivery

A Named Builder and a Completion Target

Contractor appointment is a concrete execution step. Off-plan payments are held in escrow and released against construction progress, so visible build progress is what owners should watch from here.

Sold Out

Access Now Means Buying From an Owner

With the development sold out, anyone not already an owner can only buy on the resale market, with different pricing, payment terms and risks from a developer sale.

District Context

Dubai Islands Is Moving From Launches to Builds

The district went from two selling projects in 2023 to more than 100 filed in 2026, partly because large schemes are filed as several projects. Contract awards show which of them are progressing to construction.

Read the Date Carefully

Late 2028 Is Main Works, Not Handover

Finishing, snagging and regulatory completion can follow the main works. Owners should rely on the handover date in their sale agreement, not the construction target.

Phase Differences

Phases Will Not Necessarily Deliver Together

Phases 1 and 3 share one completion target for main works, but individual buildings can still finish at different times. Check the specific building a unit sits in.

If You Own or Are Considering a Bay Grove Home

Confirm which phase and building the unit is in, and its own handover date in the sale agreement.
Ask the developer for construction progress updates as main works begin.
If buying on resale, check the seller's payment position and any premium being asked.
Compare service charges and amenity details, including the pools, play courts and fitness centre, before committing.

Closing

A Sold-Out Launch Reaches the Build Stage

Bay Grove has done the hard part of selling. The contract award now shifts attention to delivery, with a builder appointed, a scope defined and a target for main works in late 2028. How closely progress follows that plan is what existing owners should track.

This article is provided for general informational purposes and does not constitute investment advice. Details reflect the contract announcement; construction timelines and scope are subject to change. Verify current project status and handover dates directly with the developer.

About the author

Sheraz Khan

Associate Partner

Sheraz Khan stands among the leading real estate professionals in the UAE, known for his strong market insight, trusted client relationships, and proven results. Repeatedly recognized by Emaar and DAMAC at their annual awards, he has built a reputation for excellence at the highest level of the industry.

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About the author

Sheraz Khan

Associate Partner

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Nakheel Awards a Dh800 Million Contract to Build 537 Bay Grove Homes

Sheraz Khan

Sheraz Khan

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