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BV RESIDENCES

Completed

Developed by MERAAS BAY AND RESIDENCE L.L.C. Located in Island 2.

Construction progress100%Expected 27 Sept 2016
Units1816 buildings · 0 villas
Registered sales3529 in the last 12 months
Median sale priceAED 10.41MMedian of registered salesAED 3,920/sqft

Registry record

Project number
1650
Name on the register
بي في ريزيدنسس
Developer
MERAAS BAY AND RESIDENCE L.L.C
Master developer
مراس باي أند ريزيدنس ش.ذ.م.م
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Development Authority (DDA)
Master project
Jumeira Bay
Start date
27 Oct 2014
Expected completion
2 Feb 2017
Actual completion
27 Sept 2016
Cancelled
Not recorded
Plots
0
Progress
100%

MARINA VILLAGE - MIXED USE DEVELOPMENT COMPRISING OF YACHT CLUB (G+2+R) and 6 Residence Buildings (G+7+R), made of concrete structure with internal and external finishes.

Sales evidence

Median size
2,245 sqft
Median price per sqft
AED 3,920/sqft
Total value transacted
AED 5.29B
Off-plan vs ready
103 off-plan · 249 ready
First sale
13 Dec 2017
Latest sale
21 May 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 85 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialDCM COMMUNITIES L.L.C5.00
Reserved FundResidentialDCM COMMUNITIES L.L.C2.00
MaintenanceResidentialDCM COMMUNITIES L.L.C5.00
ImprovementResidentialDCM COMMUNITIES L.L.C1.00
Hotel ServicesResidentialDCM COMMUNITIES L.L.C20.00
Utilities ServicesResidentialDCM COMMUNITIES L.L.C10.00
Management ServicesResidentialDCM COMMUNITIES L.L.C2.00
InsuranceResidentialDCM COMMUNITIES L.L.C1.00
Master CommunityResidentialDCM COMMUNITIES L.L.C6.00
ServicesRetailDCM COMMUNITIES L.L.C3.00
Reserved FundRetailDCM COMMUNITIES L.L.C2.00
MaintenanceRetailDCM COMMUNITIES L.L.C5.00
Hotel ServicesRetailDCM COMMUNITIES L.L.C1.00
Utilities ServicesRetailDCM COMMUNITIES L.L.C12.00
Management ServicesRetailDCM COMMUNITIES L.L.C2.00
InsuranceRetailDCM COMMUNITIES L.L.C1.00
Master CommunityRetailDCM COMMUNITIES L.L.C7.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
21 May 2026Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R4,576 sqftAED 8,369/sqftAED 38,300,000
19 May 2026Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R1,938 sqftAED 10,837/sqftAED 21,000,000
4 Dec 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R1,938 sqftAED 10,063/sqftAED 19,500,000
17 Nov 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R2,088 sqftAED 11,875/sqftAED 24,800,000
11 Nov 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties1 B/R1,619 sqftAED 8,339/sqftAED 13,500,000
10 Nov 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R3,169 sqftAED 13,571/sqftAED 43,000,000
4 Nov 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R1,932 sqftAED 11,130/sqftAED 21,500,000
28 Oct 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R2,698 sqftAED 13,713/sqftAED 37,000,000
23 Sept 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties1 B/R1,482 sqftAED 8,133/sqftAED 12,050,000
23 Jun 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R2,245 sqftAED 12,472/sqftAED 28,000,000
11 Jun 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R2,245 sqftAED 12,027/sqftAED 27,000,000
29 May 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R1,938 sqftAED 11,199/sqftAED 21,700,000
19 May 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R2,611 sqftAED 11,492/sqftAED 30,000,000
15 May 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R2,088 sqftAED 8,380/sqftAED 17,500,000
7 May 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R2,611 sqftAED 16,088/sqftAED 42,000,000
23 Apr 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties1 B/R1,482 sqftAED 8,976/sqftAED 13,300,000
23 Apr 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties1 B/R1,572 sqftAED 8,972/sqftAED 14,100,000
17 Apr 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R2,611 sqftAED 13,407/sqftAED 35,000,000
2 Apr 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R0 sqftAED 14,400/sqftAED 3,100
2 Apr 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R0 sqftAED 8,145/sqftAED 2,630
13 Mar 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R8,131 sqftAED 7,010/sqftAED 57,000,000
23 Jan 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties1 B/R1,619 sqftAED 7,104/sqftAED 11,500,000
14 Jan 2025Island 2BV RESIDENCESJumeira BayFlatExisting Properties3 B/R2,611 sqftAED 13,790/sqftAED 36,000,000
20 Dec 2024Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R2,088 sqftAED 9,098/sqftAED 19,000,000
6 Dec 2024Island 2BV RESIDENCESJumeira BayFlatExisting Properties2 B/R2,245 sqftAED 2,227/sqftAED 5,000,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.