The Bay Residence by Baraka Real Estate Development

About the project 

Nestled in the popular Yas Bay, which is part of Yas Island, The Bay Residence is a 12-storey residential development by Baraka Real Estate Company LLC. The project offers a total of 232 stylish residential units, namely studios and 1–3 bedroom apartments, 1–3 bedroom duplexes and 2–3 bedroom townhouses. The internal area of the properties for purchase ranges from a compact 435 sq. ft to a generous 2,335 sq. ft.

The studios and apartments in The Bay Residence will come with a private balcony, which will overlook the crystal clear waters of the waterfront. The townhouses will also have a maid's room and a balcony/terrace garden, and select 3-bedroom duplex properties will boast a private swimming pool. Among the other key features of The Bay Residence real estate are high-quality fixtures, smart storage options, fully-fitted kitchens with some appliances, and full-height windows.

Key advantages 

The Bay Residence will have two basement floors with a total of 252 parking spaces for the utmost convenience and comfort of homeowners. The master plan also includes an array of premium resort-like amenities such as a gym, health club, BBQ zones, community retail, a swimming pool, parks and children’s playgrounds.

Infrastructure 

The complex is surrounded by different leisure and recreational destinations for the whole family to enjoy. Within a 15-minute walk, there is The Warehouse Gym Yas Bay, which specializes in cardio, strength and stretch equipment, plus a team of personal trainers to assist you with your fitness goals. At the same time, residents of the project can visit Pier 71, which boasts a series of award-winning F&B concepts, including The Trilogy by Buddha-Bar with Zeera, Bushra and the Siddharta Lounge. 

Since the infrastructure of Yas Bay has not been entirely developed yet, the closest healthcare and education institutions, as well as grocery stores, can be found a 15-minute drive away from The Bay Residence. The closest educational facilities are presented by Yas School and SABIS International School — Yas Island. The nearest medical institution to the development is Yas Clinic Khalifa City, and for everyday shopping, residents of The Bay Residence can go to Carrefour Hypermarket and Spinneys.

The Bay Residence is situated at the water’s edge, along Yas Bay Marina. The complex is close to Yas Dr, which will provide excellent routes to the rest of Abu Dhabi. The popular districts of Saadiyat Island and Al Reem Island can be reached in about a 30-minute drive, and travel time to Abu Dhabi International Airport takes less than a 15-minute drive. 

Residents of the complex can easily reach Etihad Arena, which is the Middle East’s largest state-of-the-art indoor entertainment venue. The venue is famed for hosting Disney on Ice, the FINA World Swimming Championship and UFC fight nights, along with the Arabian Gulf’s first NBA games. The destination can be reached in just a 5-minute drive.

Yas Island, where The Bay Residence is located, is the main entertainment hub of Abu Dhabi. The residential complex is surrounded by the world-famous attractions of Ferrari World Abu Dhabi, Warner Bros. World Abu Dhabi and Yas Beach. The above-mentioned landmarks are within a 10–15 minute drive from the project.

Economic attractiveness 

The real estate in The Bay Residence is a lucrative investment option, since this development is adjacent to Yas Creative Hub, which is the new home of the capital's free media zone; twofour54. The area houses more than 600 media and gaming companies and is set to become the main driving force behind the gaming sector in the entire region. The Bay Residence is in a high demand for the sale and rentals of property among talented professionals.

As of Q4 2022, Yas Island offers an average ROI of 5.9% for one-bedroom apartments. The initial rental cost for this type of property in the area is AED 45K (USD 12K) per year. Upon the completion of The Bay Residence, the infrastructure of the island will be even more developed, which guarantees higher rental rates.