The Yas Bay Waterfront Project is a 13.9 million sq.ft active entertainment area. The location of the huge development is on Yas Island, which is one of the most popular resorts in Abu Dhabi. The Project provides a large number of resort facilities and establishments, including a collection of restaurants and cafes, 2 elite-level hotels, 19 retail outlets, the Etihad Arena sports arena (accommodates up to 18,000 people), various entertainment facilities, and a beautiful waterfront area.
More than USD 1.1 billion was invested in the project and it is part of the Yas Island entertainment infrastructure development programme, which has already contributed USD 3.6 billion to the capital.
Muhammad Khalifa Al Mubarak, CEO of Miral, said there have already been many successes in the Yas Bay project in Abu Dhabi.
Yas Bay is not only an entertainment district, it houses a limited collection of premium residences as well. There are 35 plots for low and mid-rise residential buildings, which will cover 3 clusters – The Waterfront, The Residence and twofour54 with a capacity of about 15,000 residents. The income on local real estate is 6%-6.9% and Yas Island is one of the most popular jurisdictions in Abu Dhabi which has enjoyed great success among tourists and foreign investors.
Metropolitan Capital Real Estate LLC is ready to help you find the best deals available in Abu Dhabi. We guarantee to provide assistance and support at all stages of real estate transactions. To fully satisfy all the wishes and demands of our clients, we offer a wide range of services, including full support in transactions for the sale/purchase/lease of residential and commercial real estate, as well as interacting with banks to assist in obtaining mortgage loans.
Our company is a licensed real estate agency, and also acts as an official representative of the largest developer in Abu Dhabi – ALDAR Properties. If you are planning to buy real estate in Abu Dhabi for personal residence or investment, we offer the best real estate offers on the UAE market at both the construction stage (off-plan) and for ready-to-move-in properties. In addition, we also work with renowned developers such as IMKAN, Reportage, Mubadala, Bloom, Siadah, Tamouh, SDIC, Miral, Manazel, Profile Group and Wahat Al Zaweya.