Palm Central Bay Grove Residences gets its main contractor: 537 homes in seven buildings by late 2028
Bay Grove Residences, Nakheel's low-rise apartment community on Dubai Islands, has a main contractor. Metac takes a contract of more than Dh800 million, announced on 17 September 2026.
What the contract covers
537 homes in seven buildings: Phase 1, 296 homes in four buildings, and Phase 3, 241 homes in three. Completion is set for late 2028.
The community
1,154 homes in fifteen buildings when finished, on Crystal Beach on the islands' seaward side. Phase 2 and the remaining buildings are not in this award.
The pattern
This is the third Dubai Islands contract Nakheel has placed in fourteen months, after Bay Villas' two: the developer is building the islands' first communities in parallel rather than in sequence, as it did on Palm Jumeirah twenty years ago.
Dh800 million for 537 homes is about Dh1.5 million of construction per apartment, which for a four-storey beach building is a generous number and says something about the finish the developer intends. The buyer's question is Phase 2: an award that skips a phase usually means that phase is either not sold or being redesigned, and either way its handover will trail Phases 1 and 3. Anyone buying in Phase 2 should ask for its contract date, not its launch date.
Source: Nakheel checked against the source
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