Yas Bay is one of the most anticipated mixed-use projects in the capital, located on the sought-after of Yas Island. Developed by the award-winning Miral, it is set to become a premiere leisure and entertainment destination across the emirate. A total of AED 4B (USD 1.1B) is being invested into the upcoming development and it is expected to attract more than 10,000 top business professionals and 15,000 future residents.
The mixed-use project is divided into four districts: Pier71, Promenade, Boardwalk and the Arena District. According to the master development plan, Yas Bay will include the Etihad Arena Stadium (formerly Yas Arena), a 545-room Hilton Abu Dhabi Yas Island Hotel, a pier and waterfront that will house more than 50 restaurants and cafes, 20 retail outlets, a beach club and a cinema.
*The price is valid for 2023
In addition, Yas Bay is planned to implement the following projects:
Yas Bay is conveniently located in the south of Yas Island, providing easy transport connectivity to the rest of the emirate. For instance, Al Reem Island and the central part of Abu Dhabi can be reached within a maximum of 30 minutes’ by car. A drive to the cultural capital of Saadiyat Island, featuring various attractions such as the Louvre Museum, the Sheikh Zayed Mosque and the upcoming Zayed National Museum, will take approximately the same period of time. Moreover, Yas Bay boasts close proximity to the upcoming sustainable development of Masdar City and Abu Dhabi International Airport; both can be reached within 15 minutes. Dubai is accessible within 1 hour 15 minutes providing there is no traffic.
In addition to the above, residents and visitors of the area can visit places such as the concert venue Du Forum, The Waves Park, Yas South Skate Park, Playground, Yas Beach, The Point Waterfront, Carparking (one of marina fireworks view) as well as other interesting places and attractions.
The 9,7 sq ft development on Yas Bay is set to become the most vibrant destination for leisure, business and entertainment across the emirate. By creating this project, Miral contributes to the economic diversification plans of Abu Dhabi. In fact, it has already delivered several record-breaking attractions on Yas Island already, including the Warner Bros. World theme park, Yas Waterworld, Ferrari World Abu Dhabi, CLYMB Abu Dhabi and the upcoming Warner. Bros Hotel.
Yas Bay will include a unique beach club, as well as 1,962 square feet of indoor and outdoor retail and entertainment space, with ample parking for 2,500 cars. The master developer Miral predicts an annual footfall of 6.3 million by 2026 in the upcoming development.
According to the Bayut & Dubizzle H1 Sales Market Report for 2021, Yas Island has been one of the most popular areas in Abu Dhabi to buy luxury apartments. The prices for these residential units have risen by 0.95% from to AED 1,207 (USD 329) sq ft. The ROI of luxury apartments has reached 7.1%, as of H1 2021.
The minimum annual rental price for a 1-bedroom apartment at Yas Bay is AED 45,000 (USD 12,250). When calculating net profit from investments, one has to consider 5% VAT of approximately AED 2,250 (USD 613) and management fees, about AED 4,500 (USD 1,200) per year. In this case, the estimated net profit from a 1-bedroom apartment on Yas Island amounts to AED 41,000 (USD 11,200).
*The price is valid for 2023
Yas Creative Hub at Yas Bay will become the new home of twofour54 Abu Dhabi, the capital’s media free-zone. It is aimed at expanding the media, gaming and entertainment sector of the emirate by opening doors to a wide range of SMEs, freelance professionals and a group of global companies. Yas Creative Hub is expected to create jobs for up to 16,000 professionals by the end of 2031, tripling the number of employed workers in Abu Dhabi.
Facilities of the upcoming commercial development will feature the Arab Film Studio, almost 280,000 sq. ft. of rooftop space and an external amphitheater. As well as this, there will be 5 towers at Yas Creative Hub with over 600 businesses providing multiple opportunities for commercial investments. Among the confirmed companies joining Yas Creative Hub, there are Ubisoft, CNN and Unity Technologies as well as some of the biggest production companies in Bollywood and Hollywood.
Completion is scheduled for November 2021, after which the Yas Creative Hub will be the size of 40 soccer fields (more than 27M sq. ft.). The complex will be built on Media Boulevard, whose master plan includes a huge park and plaza. The Hub is connected to Etihad Arena and The Waterfront via a landscaped terrace with a large selection of cafes, parks and restaurants.
Yas Creative Hub has been designed by the award-winning MZ Architects. The company is known for developing the innovative concept of the Aldar Headquarters, which is the first circular building of its kind in the Middle East.
The highly anticipated mixed-use project, Yas Bay will be home to sustainable community spaces and landscapes with a beautiful sea view. Residences Yas Bay will comprise low to mid-rise buildings with heights ranging from G+8 to G+18. Homebuyers can choose from a wide range of studios and 1-3BR apartments with living spaces of 489 sq. ft. to 2,602 sq. ft. There are also spacious 2-3BR duplexes available for sale with sizes varying from 1,863 sq. ft. to 2,727 sq. ft. The purchase price of apartments start from AED 620,000 (USD 170,000) and the starting price of buying a duplex costs AED 1,660,000 (USD 452,000).
Another attractive option for investment is a hotel plot overlooking the azure waters of the Arabian Gulf. The size of the plot is 412,580 sq. ft. and is designated for a 5-star hotel (G+7). The GFA of the hotel land plot is 531,037 sq. ft. and can be purchased for AED 71M (USD 19,33M).
*The price is valid for 2023
The Waterfront will be the focal point of Yas Bay, providing a range of leisure, entertainment and recreation options. Besides Etihad Arena and Hilton Abu Yas Hotel, it will feature:
Pier71 at Yas Bay will offer a number of its own F&B destinations accessible by water taxi, boat, car, foot and bike. Speaking of restaurants, the upcoming mega-development will be home to many award-winning eateries and bars such as Akiba Dori, Zeera, The Lighthouse, Siddharta Lounge by Buddha Bar and Asia Asia, just to name a few. These destinations are expected to open in Q4 2021.
The Etihad Arena opened its doors in January 2021. The unique indoor entertainment venue is adapted for both private 200-seat events and concerts with 18,000 spectators. To order food and beverages, visitors have to install the Etihad Arena application, where the arena staff will deliver the chosen items in no time.
In addition, there is a VIP lounge with 16 suites and a private bar, as well as a large ballroom which is one of the distinctive features of the Etihad Arena. At 12,916 square feet, it can be divided into three separate rooms with soundproof partitions. The Grand Ballroom has a spacious private terrace overlooking Yas Island and is ideal for gala/wedding dinners, MICE and other events.
Miral’s CEO, Mohamed Abdalla Al Zaabi, stated that the room can be expanded to accommodate a basketball court or an ice rink. Some of the world’s most spectacular sporting events like the UFC tournaments, are held at the Etihad Arena. It also hosts Eid al-Adha concerts, Disney on Ice shows, stand-up comic performances, swimming championships and many other events.
In 2018, the design of the Etihad Arena was announced the winner of “The Sustainable Building Design of the Year” at the MENA Green Buildings Awards.
|MPC-S-35539||Single Row| Corner | First Row | Golf View |Vacant||6,694 sq. ft.||4||5||10,000,000 AED|
|MCS-1047||Stunning Studio | Type S3 | Waterfront living||506 sq. ft.||0.5||1||850,000 AED|
|MCS-1801||Astounding Unit | Awesome View | Time To Invest||700 sq. ft.||1||1||877,800 AED|
|MCS-2058||Pristine TH | Sensational Deal | Worth To Own||1,334 sq. ft.||2||4||1,740,000 AED|
|MCS-2437||Corner Unit | Maid's Room | Incredible Offer||1,792 sq. ft.||3||4||2,335,000 AED|
|MCS-2720||Corner Plot | No Service Charges | Water Upfront||17,212 sq. ft.||7,900,000 AED|
|MPC-S-34902||High Floor Unit|Comforting Canal View|Own It Now||1,075 sq. ft.||2||2||1,350,000 AED|
|MCS-1718||Beach View | Resale | Balcony | Motivated Seller||750 sq. ft.||1||2||830,000 AED|
|MCS-1870||Park View| Fascinating 3BR + M | Exciting Location||1,792 sq. ft.||3||4||2,350,000 AED|
|MCS-2100||Single Row TH | Mid Unit | Reasonably Priced||1,335 sq. ft.||2||4||1,816,000 AED|
|MCS-2414||Corner Unit | Premium 4BR TH | Modern Layout||6,792 sq. ft.||4||5||5,000,000 AED|
|MCS-2810||Full Sea View | Duplex | 2BR+M | Motivated Seller||2,177 sq. ft.||2||3||3,600,000 AED|
|MPC-S-36141||Superb Unit| Partial Golf And Sea View| Invest It||1,434 sq. ft.||2||3||2,700,000 AED|
|MCS-1788||Pristine Unit|Stunning Opportunity|Premium Living||885 sq. ft.||1||2||1,358,259 AED|
|MCS-1992||Pristine TH | Yours To Own | Undeniable Deal||2,826 sq. ft.||3||4||3,525,000 AED|
|MCS-2265||Stunning Studio w/ Balcony | Rare layout | Rented||746 sq. ft.||Studio||1||1,250,000 AED|
|MCS-2613||Double Row | Stunning Unit | Yours To Own||2,446 sq. ft.||4||5||3,233,523 AED|
|MCS-2905||Corner 3BR TH | Single Row | Payment Plan||1,792 sq. ft.||3||4||2,400,000 AED|
|MCS-1064||Spectacular View | 2 Balconies | Vacant | Type C||1,276 sq. ft.||2||2||2,100,000 AED|
|MCS-1799||Spacious 3BR | Mesmerizing View | Insane Deal||1,404 sq. ft.||3||3||1,747,240 AED|
|MCS-2061||Invest Now | Bright Townhouse | Yas Island Living||1,764 sq. ft.||3||4||2,010,000 AED|
|MCS-2220||Luxurious 2BR|Park And Partial Sea View|H.O 2026||1,430 sq. ft.||2||3||2,450,000 AED|
|MCS-2664||Sun-soaked Balcony | Captivating Studio | Vacant||509 sq. ft.||Studio||1||730,000 AED|
|MPC-S-34861||Corner 2BR |Sea and Corner View | Rent Refundable||1,304 sq. ft.||2||2||1,850,000 AED|
|MCS-1720||Single Row Plot | Community And Mangrove View||10,785 sq. ft.||5,500,000 AED|
|MCS-1877||Yours To Own | Terrific Unit | Seize This Offer||2,826 sq. ft.||3||4||3,500,000 AED|
|MCS-2188||Exclusive 2Plots | Facing Beautiful Lagoon | No SC||32,485 sq. ft.||20,000,000 AED|
|MCS-2390||Panoramic Sea View|ADM Fee Waived|Huge Layout||1,614 sq. ft.||2||3||3,300,000 AED|
|MCS-2811||Garden View | Balcony | Resale Unit | Fully Paid||741 sq. ft.||1||2||750,000 AED|
|MPC-S-36172||Well-built Finishing | Sun-Soaked Balcony | Vacant||1,071 sq. ft.||2||2||1,300,000 AED|
|MCS-1789||Furnished Pristine 1BR|Cracking Bargain|Own It||885 sq. ft.||1||2||1,367,147 AED|
|MCS-1993||Corner Plot | 804 Sqm | First Row | Sea View||8,662 sq. ft.||3,400,000 AED|
|MCS-2238||Stand Alone Villa|Double Row|Payment Plan 40/60||2,506 sq. ft.||4||5||3,700,000 AED|
|MCS-2614||Investment Deal| Pristine End Unit| Prime Location||2,305 sq. ft.||2||3||2,820,000 AED|
|MCS-2960||Single Row | Mid Unit | Great Investment||1,335 sq. ft.||2||3||1,900,000 AED|
|MPC-S-35377||Elegant Unit | Community View | Ideal Deal||1,294 sq. ft.||2||1,900,000 AED|
|MCS-1798||Glorious Apartment | Alluring View | Luxury Living||1,410 sq. ft.||3||3||1,805,604 AED|
|MCS-2060||Spacious 3BR+M | Captivating View | Smart Buy||1,764 sq. ft.||3||4||1,970,000 AED|
|MCS-2492||Mediterranean-Style 3BR TH | PP 30/70 | H.O 2026||1,725 sq. ft.||3||4||2,300,000 AED|
|MCS-2731||Sparkling 2BR | Sophisticated Deal | Relaxing View||1,098 sq. ft.||2||2||1,300,000 AED|
|MPC-S-35350||Resplendent Unit | Wondrous View | Invest Wisely||809 sq. ft.||1||1||800,000 AED|
|MCS-1728||Mesmerizing Golf View | Single Row | Type F Villa||7,211 sq. ft.||5||6||9,632,000 AED|
|MCS-1881||Corner Plot | Waterfront Community | Worth To Buy||10,547 sq. ft.||3,800,000 AED|
|MCS-2190||Fascinating TH | Single Row | Premium Location||3,547 sq. ft.||3||4||4,400,000 AED|
|MCS-2417||Amazing View | Brand New Apartment | Big Terrrace||1,663 sq. ft.||3||2||1,850,000 AED|
|MCS-2819||Spectacular Studio |Type S3 | Big Balcony | Rented||532 sq. ft.||Studio||1||900,000 AED|
|MPC-S-36222||Own It | Charming Apartment | Amazing View||1,074 sq. ft.||2||2||1,275,000 AED|
|MCS-1783||Furnished 1BR | Great Investment | Worth To Own||1,072 sq. ft.||1||2||1,379,506 AED|
|MCS-2008||Double Row | Magnificent TH | Cracking Deal||2,826 sq. ft.||3||4||3,756,487 AED|
|MCS-2266||Corner | Standalone 4G | The Only One | Large Plot||4,320 sq. ft.||4||6||5,850,000 AED|
|MCS-2628||Luxury Standalone Villa | Golf Front Single Row||5,554 sq. ft.||4||6||6,745,000 AED|
|MCS-2965||Ideal Priced |Single Row | Mid Unit| Make It Yours||1,752 sq. ft.||3||4||2,150,000 AED|
|MPC-S-36715||Mid Unit | Study Room | Family-Friendly View||2,335 sq. ft.||2||3||3,000,000 AED|
|MCS-1807||Stunning 2BR With Balcony | Waterfront Lifestyle||1,076 sq. ft.||2||2||1,323,252 AED|
|MCS-2062||Elegant 4BR | Luxury Living | Yours To Own||2,250 sq. ft.||4||5||2,930,000 AED|
|MCS-2493||Fully Furnished| Type B | Resort-Style Community||584 sq. ft.||Studio||1||970,000 AED|
|MCS-2732||Biggest Layout | Spectacular | Luxurious Location||7,450 sq. ft.||5||9||6,800,000 AED|
|MPC-S-35554||Fantastic Studio | Invest It | Pool And Golf View||617 sq. ft.||Studio||1||800,000 AED|
|MCS-1748||Affordable Luxury Studio | Waterfront Living Style||360 sq. ft.||Studio||1||580,000 AED|
|MCS-1899||Partial Golf View | Upgraded 4BR | Greenery Garden||5,001 sq. ft.||4||5||5,500,000 AED|
|MCS-2227||Hot Deal | Incredible TH | Duplex | Redwoods||3,810 sq. ft.||4||5||4,700,000 AED|
|MCR-1609||Vacant 2BR | Ready To Move In | Fantastic Living||2,422 sq. ft.||2||3||190,000 AED|
|MCS-2822||Corner 5BR Villa | Splendid Layout |Prime Location||3,111 sq. ft.||5||6||4,300,000 AED|
|MPC-S-35370||Mid Unit TH | Good Investment | Good Price||1,753 sq. ft.||3||4||2,140,062 AED|
|MCS-1793||Impeccable 2BR | Luxury Living | Best Choice||1,618 sq. ft.||2||3||1,929,662 AED|
|MCS-2017||Best Price | Superb 1Bedroom |Waterfront Community||785 sq. ft.||1||1||859,000 AED|
|MCS-2373||Fully Furnished 1BR | Partial Canal View | Rented||692 sq. ft.||1||1||850,000 AED|
|MCS-2630||Corner 3BR+M| Single Row| Prestigious Community||1,792 sq. ft.||3||4||2,600,000 AED|
|MCS-2977||Ideal Bargain |PREM 50K | Type Y| Luxury Lifestyle||3,034 sq. ft.||3||4||3,600,000 AED|
|MCS-1251||Vacant Unit| Captivating Views| Ready To Be Yours||530 sq. ft.||Studio||1||750,000 AED|
|MCS-1806||Best Investment | Awesome Apartment With Balcony||1,067 sq. ft.||2||2||1,341,096 AED|
|MCS-2052||Elegant 4BR | Luxury Living | Yours To Own||2,250 sq. ft.||4||5||2,940,000 AED|
|MCS-2498||Full Beach View | 2BR+M | Resale | Fully Paid||1,503 sq. ft.||2||4||1,650,000 AED|
|MCS-2693||Full Canal View | Excellent 2BR | Great Amenities||1,054 sq. ft.||2||2||2,000,000 AED|
|MPC-S-35351||Cozy Unit | Community View | Invest Now||685 sq. ft.||1||1||820,000 AED|
|MCS-1749||Hot Offer | Single Row | Beautiful Garden View||2,443 sq. ft.||4||5||3,280,000 AED|
|MCS-1924||Golf Front Row | Striking 5BR+M | Luxury Lifestyle||7,211 sq. ft.||5||9||9,432,567 AED|
|MCS-2228||Semi-Detached TH | Premium Living | Own It Now||2,883 sq. ft.||3||4||3,318,000 AED|
|MCS-2540||Single Row | Biggest Plot | Park View||3,389 sq. ft.||4||5||4,450,000 AED|
|MCS-2828||Stand Alone Villa| Single Row 3BR+M | Private Pool||2,023 sq. ft.||3||4||2,840,000 AED|
|MPC-S-36460||Hot Deal | Captivating Unit | Street View | Vacant||1,292 sq. ft.||2||2||1,500,000 AED|
|MCS-1792||Captivating 2BR Unit | Brand New | Best Buy||1,235 sq. ft.||2||3||2,025,478 AED|
|MCS-2018||Single Row | Sea View | Magnificent Plot | Own It||19,375 sq. ft.||6,700,000 AED|
|MCS-1496||GF Unit| 5Yrs Free SC| 50% Saving on Electricity||746 sq. ft.||1||2||995,000 AED|
|MCS-2629||4BR TH | Type X | Single Row | Luxury Lifestyle||3,389 sq. ft.||4||6||4,260,000 AED|
|MCS-2979||Invest It | Deluxe TH | Type A | Vibrant Community||3,230 sq. ft.||3||4||3,550,000 AED|
|MCS-1194||Stunning 2BR+M | Vacant | Beachfront Lifestyle||1,650 sq. ft.||2||4||2,550,000 AED|
|MCS-1817||Majestic Villa|Garden And Playground View|Own It||5,672 sq. ft.||5||8||7,100,000 AED|
|MCS-2054||Priced To Move | Bright 2BR+M | Best Investment||1,350 sq. ft.||2||4||1,720,000 AED|
|MCS-2499||Brand New| SeaWorld View | Balcony| Prime Location||685 sq. ft.||1||1||910,000 AED|
|MCS-2776||Brand New | Exquisite Large Layout| Prime Location||1,753 sq. ft.||3||4||2,000,000 AED|
|MCR-1270||Spacious Studio | Ready Now | Fantastic Offer||544 sq. ft.||Studio||1||50,000 AED|
|MCS-1214||Stunning Golf And Sea View | High Floor | Rented||1,465 sq. ft.||2||3||2,900,000 AED|
|MCS-2234||1BR w/ Balcony | Handover Q4 2025 | 5Years Free SC||945 sq. ft.||1||2||983,000 AED|
|MCS-2569||Single Row | Facing Mangrove | Incredible Deal||11,808 sq. ft.||4,500,000 AED|
|MCS-2829||Spacious 2BR| Rent Refundable| Beachside Community||1,400 sq. ft.||2||2||1,700,000 AED|
|MPC-S-36448||Full Golf + Sea View | Corner 3BR+M | Big Balcony||2,180 sq. ft.||3||4||5,000,000 AED|
|MCS-1794||Stunning 2BR | High-End Finishes | Idyllic Deal||1,235 sq. ft.||2||3||2,036,959 AED|
|MCS-2037||Full Sea And Golf View | 3BR+M TH | Ready To Move||6,898 sq. ft.||3||5||8,000,000 AED|
|MCS-2364||Ideal Investment|Exquisite 4BR+M|Vibrant Community||2,255 sq. ft.||4||5||3,200,000 AED|
Sign up for our weekly newsletter for market updates!