About Yas Island, Abu Dhabi
Yas Island is Abu Dhabi's entertainment island — a 25 km² purpose-built destination on a natural island 40 minutes from Abu Dhabi CBD, home to Yas Marina Circuit (Abu Dhabi F1 Grand Prix), Ferrari World, Yas Waterworld, Warner Bros. World, and one of the world's largest malls (Yas Mall). The island receives 40+ million visitors annually and has been evolving from a pure entertainment destination into a live-work-play community, with Abu Dhabi government committing AED 26 billion to Yas Island development over 2024–2035. Residential prices on Yas Island increased 40% between 2022 and 2025 on back of strong rental demand from the island's 40,000+ direct-employment workforce.
About Address Hotels & Emaar
Address Hotels is Emaar's ultra-luxury hotel brand, operating in Dubai, Riyadh, and now Abu Dhabi. The Address Residences programme co-locates private ownership with Address Hotel services — providing hotel-standard amenities, concierge, and F&B to private buyers. Emaar (the developer of Downtown Dubai and Dubai Mall) brings its proven integrated-development expertise to Yas Island through a development agreement with Aldar Properties.
Project Overview
Address Residences The Bay is a waterfront development on Yas Bay's marina edge, delivering 350 residences across two 32-floor towers with Yas Marina views and F1 circuit track-side position. Residents enjoy the Address Hotel's facilities including Zen the Spa, rooftop infinity pool at Level 32, and three restaurants. The towers are within a 5-minute walk of Yas Marina Circuit's main grandstand and the Yas Bay waterfront dining promenade.
- Address Hotel services: spa, restaurants, 24-hour concierge and valet
- Yas Marina views and F1 circuit proximity — Formula 1 Abu Dhabi Grand Prix annually
- Yas Bay waterfront promenade at doorstep: 35+ restaurants and bars
- Short-term rental eligible — F1 Grand Prix weekend rates of AED 2,000–6,000/night
- Etihad Arena (22,000 capacity) 800m away — concerts, boxing, WWE events
- UAE Golden Visa eligible on qualifying investment
Unit Types & Configuration
- Studio — 450–550 sq ft
- 1 Bedroom — 750–950 sq ft
- 2 Bedroom — 1,200–1,600 sq ft
- 3 Bedroom — 1,900–2,500 sq ft corner with dual marina view
Pricing
Studios from AED 1.1 million. One-bedroom from AED 1.8 million. Two-bedroom from AED 3.0 million. Three-bedroom corner from AED 5.5 million. F1 Grand Prix short-term rental premium (late November) typically generates 3–4 months' equivalent rental income in a single weekend. Annual rental yields on Yas Island range 6–9% — among Abu Dhabi's strongest.
Investment Verdict
Positives:
- F1 Grand Prix is an annual guaranteed demand spike — comparable to no other residential market globally
- Yas Island's 40 million annual visitors provide the broadest possible rental demand base for entertainment-adjacent property
- Abu Dhabi government's AED 26 billion commitment to Yas development is the strongest infrastructure guarantee in the UAE outside Dubai
Watch Points:
- Yas Island is primarily an entertainment destination — the residential community feel is developing but not yet equivalent to Dubai Marina or Downtown
- Studio and 1-bed units in entertainment districts attract younger, shorter-tenure tenants; turnover is higher than family-oriented communities