Overview

Property Description

Located on Yas Island, Gardenia Bay is a new and prestigious residential community developed by Aldar Properties, one of the leading developers in the capital. In the first phase of the project, 210 units will be delivered in residential buildings named Rosa, Orchid, Ivy and Iris, offering a balance between nature and water.. In Q1 2024, construction of the community will begin, and handover is anticipated in Q2 2027. There is a collection of elegant apartments at Gardenia Bay that boast an abundance of light and airy feel. You can choose from a range of light or dark colours for your family living spaces and naturally-designed bathrooms. Studio apartments and one to three bedroom apartments are available in the project, with living areas ranging from 473 square feet to 1,937 square feet. Aldar Properties' waterfront community is a sustainable development that will benefit the environment. Residents of Gardenia Bay will be able to reduce water consumption using smart meters and recycled water. There will be green spaces in the neighbourhood to promote biodiversity. Among the prestigious amenities Gardenia Bay will offer are: Gardenia Bay's initial price is AED 805K (USD 219K). The developer offers a convenient 50/50 payment plan and just 5% down payment. *Prices are valid for 2023 It will be an excellent investment to own a residence in Gardenia Bay, since it is situated on Yas Island within the main entertainment hub of Abu Dhabi. Tourists seeking a property to rent near the island's attractions will flock to the area. The average rent for a 1-bedroom apartment in the area is AED 50K (USD 14K).. Yas Island properties have an average ROI of 6.4% as of 2023. Upon completion, it is expected that prices for studios and apartments in Gardenia Bay will only rise. Investors can purchase off-plan residences in the community and resell them at a higher price in the future.

Location