Bay Residences Dubai Islands construction progress
Bay Residences Dubai Islands in Palm Deira is 48% built at the Land Department inspection of June 2026. Developer Nakheel And Excelsior Real Estate. Completion registered for October 2026.
48%
Built, at the Land Department site inspection of 22 June 2026
Running behind its date
- Completion date (Land Department)
- October 2026
- Finish at recent pace
- February 2028
- Construction started
- January 2024
- Registered with the Land Department
- July 2023
- Developer
- Nakheel And Excelsior Real Estate
- Community
- Palm Deira
- Units
- 302
- Escrow bank
- Mashreq Bank
- Name in Arabic
- باي ريزيدنسز جزر دبي
- Land Department project number
- 2719
- Land Department site inspections
- 8
Schedule
Between July 2025 and June 2026 the site added about 2.6 points a month. At that rate it would finish around February 2028, more than three months after the October 2026 date registered with the Land Department.
Site inspections
22 June 2026
48%+12 pts
26 March 2026
36%+12 pts
30 October 2025
25%+5.5 pts
24 July 2025
19%+5.2 pts
19 April 2025
14%+6.4 pts
22 January 2025
7.5%+7.3 pts
5 July 2024
0.2%+0.2 pts
11 July 2023
0%
Context
Palm Deira has 95 projects under construction, 22% built on average.
Nakheel And Excelsior Real Estate has 2 projects under construction in Dubai, none past their registered completion dates.
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Notify me when it launchesQuestions
- When will Bay Residences Dubai Islands be completed?
- The completion date registered with the Dubai Land Department is October 2026. At the pace of its recent inspections the site would reach 100% around February 2028. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Bay Residences Dubai Islands is built?
- 48%, measured at the Land Department site inspection on 22 June 2026. The Land Department engineers have inspected the site 8 times since July 2023.
- Is Bay Residences Dubai Islands delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of October 2026.
- Who is building Bay Residences Dubai Islands?
- The registered developer is Nakheel And Excelsior Real Estate. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Bay Residences Dubai Islands?
- Mashreq Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Beach Residences Dubai IslandsAlso by Nakheel And Excelsior Real Estate. 29%.
- Bay Villas - Dubai IslandsNearby in Palm Deira. 23%, Due May 2027.
- Edgewater ResidencesNearby in Palm Deira. 48%.
- Hatimi Residences By FakhruddinNearby in Palm Deira. 51%, Due October 2026, passed.
- Edgewater Residences 2Nearby in Palm Deira. 55%, Due August 2026, passed.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.
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