Top 6 apartment complexes on Yas Island in Abu Dhabi

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The sought-after area of Yas Island is widely known for its extensive selection of properties, from compact studios and luxury penthouses, to generously-sized villas. Among the most popular apartment developments are Waters Edge, Ansam, Diva, Ansam, Mayan, Yas Acres and Yas Bay. We have reviewed each one of them to help you choose a suitable property, whether you are looking to acquire a home or are planning to diversify your investment portfolio. Next, you will find out their defining features, amenities, property types and prices of the above-mentioned developments on Yas Island, as well as why Abu Dhabi is a perfect investment destination.

What Makes Yas Island Appealing to Foreign Buyers

Throughout 2021 Yas Island has witnessed an ongoing strong demand among local and overseas property buyers. In fact, according to the November statement of the Department of Municipalities and Transport (DMT), this area topped the third quarter with the highest value in terms of total sales at AED 1.1B (USD 300M). This is not surprising, since it is famed for hosting some of the most astounding global events, including UFC tournaments and the Abu Dhabi Grand Prix. As well as that, in 2022, Yas Island plans to witness the NBA games, the first-ever Pokemon GO Tour and the 2021 FIFA Cup World Cup.

Additionally, Yas Island houses Yas Creative Hub, which is the Emirate’s main media hub. Set to bring a working population of 16,000 to the area by 2031, it will host a growing gaming industry, as well as many of the largest production companies in Hollywood and in Bollywood. Therefore, properties on Yas Island are expected to see an even higher increase in sales, particularly, among talented specialists who will be willing to relocate their families closer to their place of work. In terms of rental yields, luxury apartments generate 7.36%, with an average price per sq. ft of AED 1,202 (USD 327), as of Q3 2021.

TOP Apartments for Sale

As we have already mentioned, the best developments which offer apartments for sale include Waters Edge, Ansam, Mayan, Diva, Yas Acres and Yas Bay. All these projects are freehold, which means you will benefit from unlimited full ownership, which gives you the right to resell, rent out or pass a property on as an inheritance. Moreover, the below-reviewed developments boast a range of world-class amenities, including gyms and swimming pools, and is within close proximity to some record-breaking attractions, such as the Yas Links golf course, Etihad Arena and Yas Marina Circuit, among others.

Water’s Edge

The residential complex Water's Edge by Aldar Properties comprises 13 mid-rise buildings with 2,262 units, including studios and 1-3 bedroom apartments. Perfectly located on a stunning canal and a 2,624-feet waterfront, the properties range in size from 688 sq. ft to 1,420 sq. ft. All residents are granted full access to private courtyards, a shared gym and pool, a children's play area and a pool, covered parking, a running and cycling trail, a BBQ area and white-washed beaches. As well as all the above, there are supermarkets, pharmacies, hospitals, kindergartens and schools, as well as restaurants and cafes which can be found within walking distance of the development. Not forgetting the ultimate attractions such as Yas Beach and the Yas Waterworld water park, which are situated a stone’s throw away from the Water’s Edge. Meanwhile, travel time to Abu Dhabi International Airport does not exceed 20 minutes.

The starting price for a 1-bedroom apartment in Water’s Edge amounts to AED 700,000 (USD 191,000).

Ansam

Situated on the west side of Yas Island, Ansam by Aldar Properties consists of twelve 6-8 storey buildings and offers a range of studios and spacious 1-3 bedroom apartments. The residences provide a beautiful view of the Yas Links golf course, while their total area varies between 495 sq. ft and 2,314 sq. ft.

Ansam is designed in the distinctive Andalusian style, with many Spanish elements, including balconies, facades, terraces and awnings. Known for its family-friendliness, the residential development is equipped with a security system that allows entry only by special access cards. In terms of amenities, there are infinity pools and children’s pools, a 24-hour concierge service, gyms and underground parking and homeowners are also offered membership in the prestigious golf club.

Homeowners of Ansam can benefit from a well-developed social infrastructure since the complex is adjacent to schools, kindergartens, clinics and other essential amenities. There is a convenient and quick exit to Sheikh Khalifa Bin Zayed Al Nahyan Highway, via which will take about 15 minutes’ to reach the central part of the emirate and 20 minutes’ to get to the international airport.

In Ansam, 1-bedroom apartments of 882 sq. ft have an initial cost of AED 1,000,000 (USD 272,300).

Mayan

Mayan is a luxurious residential complex by Aldar Properties, with five 10-storey buildings offering 512 premium units. Interested real estate buyers can choose from a selection of studios, 1-4-bedroom apartments and 3-bedroom beach houses ranging from 430 to 8,288 sq. ft with magnificent views of the coast, the mangrove forests and Yas Links. Mayan was successfully completed in Q1 2021, so the residences are ready to move in. In addition to world-class amenities such as gyms, pools, BBQ areas, underground parking, indoor and outdoor play areas, residents also have direct beach access. Mayan lies in the vicinity of some of the most reputed educational institutions in the Emirate’s such as Yellow Submarine Nursery and SABIS International School, just to name a few, as well as the well-known shopping centers, Yas Mall and IKEA. These destinations can be reached within a radius of 20 minutes from the development.

The starting price for 1-bedroom apartments in Mayan will be AED 1,125,000 (USD 306,300).

Diva

Diva contains 2 residential towers located in the heart of the island and is a flagship project by Reportage Properties. The fully glazed facades of the buildings are accentuated by a white protruding grid of smooth panels that creates intricate patterns throughout the exterior. Meanwhile, floor-to-ceiling windows boast dark frames and balconies are equipped with exquisite glass balustrades. Due for completion in Q3 2024, Diva features a selection of 1-3 bedroom apartments, as well as 2-bedroom duplexes. The area of the residences varies from 516 sq. ft to 1,130 sq. ft.

Diva will be an excellent choice for families with children as the development houses gardens for the ultimate recreation, as well as pet-walking zones. Moreover, Diva provides the opportunity to invite your friends and neighbours for a barbecue party in designated areas. To have even more fun, you can play table tennis or giant chess within the grounds of the complex as well. For relaxation, Diva has a temperature-controlled pool, while children can enjoy a smaller pool or have fun in the play area. For those who never miss a workout, the complex also has a top-notch gym.

The starting price for a 1-bedroom apartment in Diva constitutes AED 403,100 (USD 110,000).

Yas Acres

Spanning across an expansive area of 22M sq. ft, Yas Acres is a highly-popular golf and coastal development by Aldar Properties. It includes 4 phases: Royal Ok, The Cedars, The Magnolias and The Dahlias, all of which received a tremendous response from end-users and investors. Yas Acres offers a generous selection of 2-5 bedroom townhouses, 3-4 bedroom duplexes and 2-6 bedroom villas. Residents are provided with full access to a golf course and a clubhouse, parks, schools and a beautiful waterfront. Yas Acres' proximity to the major tourist attractions in Abu Dhabi makes it suitable for long-term investments and short-term rentals.
Investors can expect the highest return on investment at 6.4% if they choose to invest in 2-bedroom properties. Meanwhile, the estimated ROI of 5-bedroom villas and townhouses is 4.6%.

In Yas Acres, it is possible to acquire a 2-bedroom townhouse or a villa of 2,226 sq. ft for AED 2,400,000 (USD 654,000).

Yas Bay

Yas Bay is a mixed-use mega-development in the south of the island, divided into 3 areas: The Waterfront, Residences Yas Bay and Media Zone. It will include a beach club, indoor and outdoor retail stores, entertainment spaces and ample parking for 2,500 cars, besides the above-mentioned Yas Creative Hub. The master plan of the colossal project includes 19 parks, 2 schools and 3 mosques for the utmost convenience of homeowners. According to its developer Miral, Yas Bay is expected to draw an annual footfall of 6.3M by 2026.

Yas Bay Waterfront is a vibrant entertainment area that contains an array of resort facilities, as well as a picturesque 9,842 long promenade. There are also shopping and entertainment venues, restaurants and bars, which offer a wide selection of award-winning F&B venues. We've picked the top 12 places to visit in Yas Bay Waterfront.

Residences in Yas Bay will consist of low and mid-rise buildings, with a wide range of studios and 1 to 3-bedroom apartments of 505 sq. ft to 2,583 sq. ft. The purchase price of 1-bedroom apartments here start at AED 577,000 (USD 157,100).

Why Foreigners Should Purchase a Property in Abu Dhabi

There are 57 residential areas in Abu Dhabi in total. In addition to the central area, there is a coastline with many islands, where housing is also actively being built. Tourists are attracted by the snow-white beaches and its comfortable climate. In addition, Abu Dhabi boasts a variety of green spaces and park areas.

When it comes to investment, Abu Dhabi is one of the leading global destinations to set up a business, combined with one of the most favorable tax regimes in the world (0% corporate tax and 0% income tax) and not forgetting the quality of life. The capital of the UAE annually attracts not only millions of tourists from all over the world but also entrepreneurs who want to open their own business or set up representative offices of companies whose employees live in rented apartments here. Due to the increase in the scale of residential development, foreign citizens are offered a wide range of high-quality real estate, both for residential and commercial purposes, such as rental for a stable passive income. The Emirate features a wide variety of comfortable apartments and detached villas for sale. It is worth noting that villas and townhouses are mostly located on the islands for a private and secluded lifestyle.

Over the past 6 months, the housing market in Abu Dhabi has shown steady growth, with prices of properties for sale rising by up to 9%. In 2022, this growth trend is likely to continue, however, at a more moderate pace, as projects postponed due to the pandemic will start to be implemented.

Another obvious advantage of buying property in the UAE is the fact that in the Emirates there is no property rental tax and annual property tax. When purchasing real estate, foreign citizens have the right to obtain a resident visa for an investment of 3, 5 and 10 years (depending on the amount of investment). Holders of a resident visa in the UAE receive virtually the same rights as UAE citizens.
In addition, from 2019, foreign nationals have been allowed to acquire not only real estate, but also land plots. Of course, this land plot has to belong to one of the freehold areas within the emirate. As a rule, land plots for purchase are available both for residential and commercial purposes, depending on the requirements of the investor.

Why is it Profitable to Acquire Properties with Metropolitan Capital Real Estate

Our Abu Dhabi-based company Metropolitan Capital Real Estate is known for its high level of services, whether it is acquisition, rental, resale or obtaining mortgages of various property types. We will help you choose a suitable residence on Yas Island, which will meet your requirements and budget. Moreover, our specialists will deal with all paperwork and explain and assist with all the nuances of property purchasing in the UAE. It is worth mentioning that we are licensed brokers of many of the largest UAE developers, including Aldar Properties, which means we have the latest information regarding special offers and payment plans. Not forgetting villa construction on a chosen land plot, where we take care of everything from landscaping to fit out.

Are there Special Requirements for Foreign Property Buyers in Abu Dhabi?

While there are no particular rules for foreigners, you have to take into account fees and taxes before purchasing a property. These include, but are not limited to a Title Deed registration fee and an ownership transfer fee.

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