Yas Island is a tourist center and the main entertainment hub of the emirate of Abu Dhabi, which offers many leisure options, luxury hotels, first—class shopping destinations, as well as premium residential real estate. The community is an artificial island with an area of 2,500 hectares situated in the east of Abu Dhabi, created by separating part of the mainland using a sea channel. The development of Yas Island began in 2006 and the general developer of the project is Aldar Properties. In 2011, Miral joined the overall project.
About 1,700 hectares of the total area of the island is allocated to residential and entertainment facilities. There are a harbour for ships, theme parks, a beach, Abu Dhabi’s largest shopping center called Yas Mall, one of the best racing tracks in the world; Yas Marina Circuit, and various types of residential real estate on the territory of Yas Island.
Properties on Yas Island are presented by studios, apartments, villas, duplexes and townhouses of various sizes, which are all available to purchase and to rent. Everyone can find a suitable housing option here, and you can also purchase land plots and an entire building in the area.
Yas Island is among the most popular areas in the capital among luxury real estate buyers. For the third quarter of 2022, Yas Island has become one of the most sought-after territories for investors in Abu Dhabi, according to the Bayut & dubizzle report. The average purchase price of a one-bedroom residence was AED 1,000,000 (USD 272,000). At the beginning of 2023, the minimum price for an off-plan one-bedroom apartment on Yas Island constitutes AED 535,000 (USD 146,000), while a similar finished property costs AED 740,000 (USD 202,000).
*The price is valid for 2023
In addition, the island has become the second most popular area (after Saadiyat Island) among buyers of premium segment villas. In the third quarter of 2022, the cost per sq. ft compared to the second quarter increased by 6.54% to AED 1,208 (USD 329). At the end of 2022, the minimum cost of a 2-bedroom off-plan villa was AED 1,650,000 (USD 449,000), and a ready-to-move-in villa – AED 1,785,000 (USD 486,000).
According to the results of the third quarter of 2022, Yas Island also became one of the most popular areas among tenants of luxury apartments and villas. The average cost of renting a 1-bedroom apartment between October and December 2022 was AED 52,000 (USD 14,200) per year, in accordance with the data from Property Finder.
West Yas, Yas Acres, Water’s Edge and Ansam are among the most popular residential projects on the island.
*The price is valid for 2023
Properties on Yas Island will be an ideal choice for those who want to live in one of the most prestigious areas of Abu Dhabi with a developed infrastructure, surrounded by entertainment and world-class attractions. It is also a beneficial option for investors who plan to generate a stable passive income from renting or reselling the real estate profitably.
The area offers a wide choice of real estate types — from compact studios to spacious villas, in which the number of bedrooms can reach between 6-8. The island will be an ideal place for both expats living alone, and for couples or parents with children. Business representatives, freelancers and specialists will appreciate the island’s close proximity to the airport, business areas and the city center, while media and gaming industry workers will have easy access to the Yas Creative Hub. A wide selection of educational and medical institutions in the immediate vicinity, as well as first-class entertainment for all ages, will be an advantage for families with children.
Buyers and investors of real estate on Yas Island will receive the following benefits:
There are several prestigious educational institutions for children of all age groups on the island.
A wide selection of medical institutions, including Mediclinic Khalifa City, Burjeel Medical Center Al Zeina, Amana Healthcare Medical & Rehabilitation Hospital, Al Noor Hospital Medical Center and Yas Clinic Khalifa City can be reached within a 10-15-minute drive from the island.
Residents and guests of Yas Island can use public transport such as buses No. 102 and No. 216, which run around the island. A specially built tunnel allows you to quickly get to the mainland of Abu Dhabi.
Yas Island is the main entertainment hub of the UAE capital, therefore there is a wide range of leisure options here:
In addition, residents and visitors of Yas Island will be able to visit Seaworld Abu Dhabi, which is the region’s first theme park dedicated to marine life. The attraction will open in the area in 2023. It will be home to more than 150 species of marine animals, including reptiles, sharks, sea turtles, and amphibians, as well as hundreds of birds.
The Metropolitan Capital Real Estate agency, along with Metropolitan Premium Properties, is part of the Metropolitan Group. The company holds a leading position in the Abu Dhabi market, and is the official representative of Aldar Properties and other major development companies within the UAE.
Our highly-skilled specialists will provide you with assistance in choosing both off-plan real estate and properties within the secondary market on Yas Island, which will best meet your goals, preferences and budget. We will advise you on any legal issues, draw up all documents, negotiate with the seller and government authorities, as well as register the ownership through the relevant portals and government bodies. If you need a mortgage, our company will help you take out a loan with the best rates in one of the local banks.
Professionals of Metropolitan Capital Real Estate will select a property with a high ROI potential for investors who plan to purchase real estate to generate a passive income. After the purchase, you will be able to use our property management service and receive regular rental income while we do all the hard work for you. We will take care of any issues — from finding a reliable tenant to the communication with a tenant, to monitoring the condition of the premises and the timely receipt of all rental payments.
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