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Nakheel Awards Dh800 Million Contract for Construction of 537 Sold-Out Bay Grove Residences on Dubai Islands.

Sep 17, 2026•about 3 hours ago

Contract Type

contract

DubaiReal EstateCommercial Real Estate

Description

Nakheel has awarded a contract valued at over Dh800 million to advance the construction of 537 sold-out Bay Grove Residences homes located on Dubai Islands. This initiative reflects the strong demand for premium waterfront living in Dubai and signifies an important milestone in the projects aimed at enhancing the community.

Company Information

Company

Nakheel

Location

Dubai, United Arab Emirates

About

Nakheel is a member of Dubai Holding's pioneering real estate arm, Dubai Holding Real Estate, and is involved in real estate development and infrastructure projects.

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