Properties for Sale in Yas Bay

In addition, Yas Bay is planned to implement the following projects:

1. The Waterfront, will become the center of leisure and entertainment for the residents of Yas Bay. The Etihad Arena and the Hilton Abu Dhabi Yas Island (both already open), as well as a breathtaking promenade with bars and restaurants, will be located here.
2. The modern residential complex of Residences Yas Bay will have access to 19 parks, 2 schools, 3 mosques, and community retail stores within walking distance of The Waterfront.
3. Media Zone will be created as the new entertainment and media campus for Yas Creative Hub. This project is expected to bring 10,000 talents to the region.

Location

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.

Rental Yields at Yas Island

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 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).