Address Residences The Bay
About Address Residences The Bay
(sq. ft.)
Exuding the ultimate exclusivity and sophistication, Address Residences The Bay is a gorgeous new residential project by Emaar Properties, and will be one of the tallest towers in the Miami-inspired area of Emaar Beachfront. The branded development was launched in Q2 2022, offering prospective real estate buyers the opportunity to choose from an exquisite collection of thoughtfully crafted fully furnished apartments in 1-3 bedroom configurations, 3-4 bedroom penthouses and 3-bedroom townhouses. The living area of the properties ranges from 756 sq. ft to 2,715 sq. ft.
Treating its occupants to world-class leisure and recreational experiences, Address Residences The Bay will provide access to various amenities onsite, which can be found below:
- Private beach access
- Children’s pool and a play area
- Barbecue area
- Community park
- Gourmet dining options
Address Residences The Bay will also house a hotel, where property owners will be treated to 5-star facilities, including a world-class gym.
Property Information
- Location Emaar Beachfront, Dubai, UAE
- Developer Emaar
- Status of Project In progress
- Type of Project Residential Tower, Townhouses
- Available Units 1-3BR Apartments, 3-4BR Penthouses, 3BR Townhouses
- Area from 756 sq. ft.
- Payment Plan 80/20
Floor Plans of Address Residences The Bay
Apartment, Type A 5
Type:
1 Bedroom
Total Area:
756 sq. ft.
Starting Price:
2,700,000 AED
Apartment, Type A 7
Type:
2 Bedrooms
Total Area:
1,283 sq. ft.
Starting Price:
4,600,000 AED
Townhouse
Type:
3 Bedrooms
Total Area:
2,675 sq. ft.
Starting Price:
13,300,000 AED
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | Type A 5 | Apartment | 756 sq. ft. | 2,700,000 AED |
|
1 Bedroom | Type A 11 | Apartment | 1,193 sq. ft. | 5,500,000 AED |
|
|
2 Bedrooms | Type A 7 | Apartment | 1,283 sq. ft. | 4,600,000 AED |
|
2 Bedrooms | Type A 9 | Apartment | 1,965 sq. ft. | 7,000,000 AED |
|
|
3 Bedrooms | Townhouse | 2,675 sq. ft. | 13,300,000 AED | |
|
3 Bedrooms | Townhouse | 2,715 sq. ft. | 13,500,000 AED |
Property Prices
As of April 2023, the starting price for a 1-bedroom apartment in Address Residences The Bay is AED 2.7M (USD 735K). A townhouse can be acquired for a minimum of AED 13.3M (USD 3.6M).
The service charge fee is AED 10 per sq. ft.
*The price is valid for 2023
Payment Plan
Location
Address Residences The Bay is part of Emaar Beachfront, which houses Beach Mansion, Grand Bleu Tower and Palace Beach Residence, among other upscale developments. The development is connected to the rest of the city via one of the major highways in Dubai – the Sheikh Zayed Road. In addition, there are an array of bus stations within a 20-minute walk away, which include Mina Al Siyahi, Le Meridien Hotel 2 and Mina Al Siyahi, Le Meridien Hotel 1, as well as the Mina Seyahi tram station.
As well as all the above, once the construction of the envisioned Emaar Beachfront area is completed, its residents will have easy access to an internal monorail, which will be connected to the flagship Bluewaters Island and Palm Jumeirah areas. The master plan also includes a pedestrian bridge with cycling and running tracks, alongside water boat stations to facilitate commutes around Dubai, as an alternative to using a car or traditional public transport.
Prospective real estate buyers will be keen to learn that there are plenty of social amenities that can be found within a 30-minute walk of the development. These are as follows:
- American University in Dubai
- Monroe’s Nursery
- Al Manara Pharmacy
- Marina Medical Center
- PlusPoint Supermarket
- Spinneys
- Carrefour
Address Residences The Bay will also boast close proximity to some of the most luxurious hotels and leisure offerings in Dubai, as Emaar Beachfront is located between Dubai Marina and Palm Jumeirah. These include, but are not limited to:
- The Palace at The One & Only Royal Mirage
- The Westin Dubai Mina Seyahi Beach Resort & Marina
- Le Meridien Mina Seyahi Beach Resort & Waterpark
- Dubai International Marine Club
- Skydive Dubai
- Jungle Bay (a waterpark)
Economic Appeal
Address Residences The Bay is scheduled for completion in Q4 2026. Property owners will be able to take advantage of lucrative residents’ discounts in Address Hotel – The Bay. Another perk of residing in the complex is the opportunity to resell your unit after paying just 40% of the total cost.
When investing in a property worth at least AED 2,000,000 (USD 545,000), buyers automatically become eligible for a Golden Visa. This type of residency enables its holder to live, work and study in the UAE without the need for a local sponsor, and also provides the holder the opportunity to bring their family to Dubai as well.
You can also purchase an apartment in Address Residences The Bay with the purpose of renting it out, using a property management service, and generate a lucrative income on a regular basis. According to Property Finder, as of Q2 2023, the gross average ROI for 1-bedroom units in Emaar Beachfront has reached 7%, while the starting rental price is AED 130K (USD 35K) per annum.
*The price is valid for 2023
FAQ
The branded complex of Address Residences The Bay is being developed by Emaar Properties.
Address Residences The Bay is located in the coveted area of Emaar Beachfront.
Potential buyers may choose from a selection of 1–3 bedroom apartments, 3-4 bedroom penthouses and 3-bedroom townhouses.
The anticipated completion of the project is scheduled for Q4 2026.
Emaar Properties offers an 80/20 payment plan, with a booking fee amounting to 10%.
As of Q2 2023, the initial cost for a 1-bedroom apartment in Address Residences The Bay is AED 2.7M (USD 735K), whilst a townhouse is priced at a minimum of AED 13.3M (USD 3.6M).
Yes, you can obtain residency if you acquire property here. The visa type depends on the property value in the UAE.
Since the initial real estate value in Address Residences The Bay exceeds AED 2M (USD 545K), you and your family become eligible for a 10-year Golden Visa.
Any nationality can secure a property in Address Residences The Bay, due to it being a freehold development.
It is an excellent investment, since 1-bedroom units in Emaar Beachfront generate a whopping ROI of 7%, as of April 2023. Also, property owners will be granted discounts on services of the luxury hotel, which will be part of the envisioned complex.
Address Residences The Bay is a fantastic address both for families with children and for single individuals, thanks to a variety of world-class amenities onsite. These include a private beach, a community park and a barbecue area, among others.
Emaar Beachfront boasts close proximity to prestigious academic facilities and medical institutions, including American University in Dubai, Monroe's Nursery and Marina Medical
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Metropolitan Premium Properties
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+971 4 428 6151
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Internet City, Dubai, UAE
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