The Bay Residence is an elite project by Baraka Real Estate Development with an advantageous location right on the coast of Yas Island. The second phase of the complex, released in May 2024, features apartments with 1-3 bedrooms and 4-bedroom townhouses and penthouses. The property sizes range from 506 sq. ft to 4,381 sq. ft. Each property comes with balconies or terraces, whilst select units will have a private swimming pool. Thanks to the smart home system, you will be able to enjoy the utmost convenience.
The Bay Residence will boast an array of unrivaled amenities. These include swimming pools and splash pads, children’s play areas, picnic and BBQ areas, gardens, indoor and outdoor gyms, stores and F&B venues.
Due to its strategic location in one of the most popular places in Yas Bay, The Bay Residence offers future residents a breathtaking view of the sea and the opportunity to walk along its own promenade along the coast. A 0.6mi promenade near the complex offers various restaurants and sparkling views of the Arabian Gulf. There is also an ultra—modern space in the form of the Etihad Arena in Yas Bay, where performances by global artists and sports competitions take place.
As of Q2 2024, the starting price for an apartment is AED 760K (USD 207K).
*The price is valid for 2024
According to PropertyFinder, the average ROI in 1-bedroom residences on Yas Island is 5.7%. Investors will be able to receive a stable income by leasing their property, as The Bay Residence will be in high demand among media professionals, couples and families with children thanks to the complex’s strategic location near key destinations and the Yas Creative Hub, the new home of TwoFour54. The Bay Residence promises a high demand for buying and renting real estate among professionals who choose exclusive housing close to their workplace. The developer offers several payment plan options, including 85/15, 75/25, 60/40 and 40/60.
Property owners of units in The Bay Residence will also be able to obtain a 10-year Golden Visa, subject to investments in real estate of at least AED 2,000,000 (USD 545,000).
*The price is valid for 2024
The closest retail stores include those in the Yas Bay community and the famous Yas Mall, which is a popular place for shopping and recreation among residents and guests of Abu Dhabi. Yas Mall is 10 minutes away by car. Here you can find shops from 370 international brands, a 24–hall VOX Cinemas, 68 restaurants, Fun Works, Lego: Pop-in & Play, Clymb Abu Dhabi, KidZania and lots of other entertainment.
The closest medical institutions on Yas Island comprise Burjeel Medical Center Al Zeina and HealthPlus Family Clinic — Al Bandar. The development of The Bay Residence will be located in Yas Bay, which means all residents will be able to enjoy walking in the parks and take advantage of the two schools in the neighbourhood.
The Bay Residence is strategically located right on the waterfront of one of the most popular and comfortable communities in the UAE. Yas Island is located just a 15–minute drive from Abu Dhabi International Airport and just an hour’s drive from Dubai. Here, residents of the development can find 8 hotels, 3 theme parks, the largest shopping mall in Abu Dhabi, as well as more than 200 restaurants and 100 attractions.
The Bay Residence will be within easy reach of luxurious coastal hotels, including Hilton Abu Dhabi Yas Island, and restaurants such as The Lighthouse, The Trilogy by Buddha-Bar, Lock Stock and Barrel and Asia Asia, La Carnita, Daikan Izakaya, as well as Yas Creative Hub.
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