Master Developer
Appears in 2 stories · Last updated Oct 29, 2026
Developer of Dubai Islands and Bay Grove Residences
Nakheel has awarded the last main construction contract for Bay Grove Residences, a waterfront community rising on Dubai Islands off Deira. The 950-million-dirham ($258 million) deal with Parkway International Contracting covers 617 homes across eight buildings in Phases 2 and 4.
Updated Oct 29
As of October 2026: Contracting authority for Dubai Islands
Nakheel has hired Mar Marine & Building Contracting to build a new beach and upgrade 3km of shoreline on Island B at Dubai Islands, the artificial archipelago off Deira's coast. The contract adds 320 metres of beach frontage next to Bay Villas, a 636-home villa and townhouse community now under construction.
Updated Oct 9
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