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Chapter 3. Yas Island: The Entertainment Hub.
Yas Island is the entertainment hub of Abu Dhabi, with attractions such as Ferrari World, Warner Bros. World, Yas Waterworld, Yas Marina Circuit, Yas Marina, Yas Beach, and Yas Mall. It also offers a range of residential options, from waterfront apartments to golf villas. Real Estate Group offers investors a chance to own an apartment in a fun and lively location, with high demand from tourists, locals, and expatriates.
Flipping: Yas Island apartments are popular for their modern and spacious layouts, as well as their proximity to the island’s attractions. Flipping an apartment after upgrading and furnishing it can appeal to buyers who are looking for a comfortable and convenient home.
Long-term renting: Yas Island apartments can generate a steady rental income from tenants who are looking for an exciting and vibrant lifestyle. The average rental price for a one-bedroom apartment in Yas Island is AED 70,000 ($19,074) per year, which translates to a gross rental yield of 7% for an average sale price of AED 1 million ($272,480).
Buying off-plan: Yas Island has several upcoming residential projects, such as Water’s Edge, Yas Acres, and Noya, that offer attractive prices and payment plans for off-plan buyers. Buying an apartment off-plan can allow investors to secure a lower entry price and benefit from the capital appreciation upon completion.
Renting off-plan: Yas Island’s off-plan projects are expected to be completed by 2024 or 2025, which means that investors can rent out their apartments as soon as they receive the handover. Renting an off-plan apartment can provide a higher rental yield than a ready-made apartment, as the rental price is likely to increase with the demand and supply in the market.
1. Real Estate. Yas Island is a natural island with an area of 25 km2 (9.7 sq mi), located 10 minutes from the center of Abu Dhabi and 20 minutes from Abu Dhabi International Airport. The island is divided into 7 districts: Yas Marina, Yas Bay, Yas Acres, Yas Grove, West Yas, Ansam, and Mayan. The island offers a range of residential options, from waterfront apartments to golf villas, with stunning views and sensational amenities.
The advantages of living in this area for different groups are:
Couples: Yas Island is a fun and lively destination, where couples can enjoy the attractions, the events, and the nightlife. The area has many options for dining, shopping, and entertainment. Couples can also relax at the spa, the pool, or the beach of the hotels.
Families with children: Yas Island is a family-friendly and safe community, where families can find spacious and comfortable homes with parking spaces, security and pools. The area has many facilities and activities for children, such as Ferrari World, Warner Bros. World, Yas Waterworld, Yas Mall, and Yas Marina Circuit. Families can also access the Burjeel Medical Centre, which offers quality healthcare services.
Young professionals: Yas Island is a dynamic and diverse city center, where young professionals can find opportunities for career growth, networking, and learning. The area is home to Twofour54, which is a media and entertainment hub, as well as other business towers that accommodate various sectors and industries. Young professionals can also enjoy the sports, the concerts, and the festivals of the area.
Retirees: Yas Island is a serene and scenic setting, where retirees can enjoy a peaceful and luxurious lifestyle. The area has a waterfront pedestrian promenade that offers 360° views of the island. Retirees can also indulge in the golf, the boating, and the fishing of the area.
2. Population. Yas Island is a relatively new and developing area, so the exact population data is not available. However, according to the official website of the area, Yas Island is expected to accommodate over 100,000 residents and 48,000 visitors by 2028.
3. Business life. Yas Island is a growing business hub, with a focus on media, entertainment, and tourism. The area hosts Twofour54, which is a media and entertainment hub that offers a range of services and facilities for local and international media companies, such as studios, offices, and training centers. The area also hosts Yas Marina Circuit, which is a world-class racing circuit that hosts the Formula One Abu Dhabi Grand Prix and other motorsport events. The area also has several business towers, such as Etihad Arena, Yas Bay Arena, and Yas Bay Waterfront, which offer premium office spaces and facilities for various sectors and industries.
4. Infrastructure and transportation. Yas Island is a well-connected and accessible area, with easy access to major highways and public transportation. The area is connected to the main island of Abu Dhabi and the Saadiyat Island by two bridges, the Sheikh Khalifa Bridge and the Yas-Saadiyat Highway. The area is also connected to the Abu Dhabi-Dubai highway and has easy access to the airport and the city center. The area has a bus station, a ferry terminal, and a water taxi service that provide convenient and affordable transportation options for residents and visitors. The area also has ample parking spaces, bicycle lanes, and pedestrian walkways that facilitate mobility and sustainability.
5. Cultural life: attractions, museum, exhibitions. Yas Island is a cultural haven that hosts some of the world’s most popular attractions, such as Ferrari World, Warner Bros. World, Yas Waterworld, Yas Mall, and Yas Marina Circuit. These attractions offer a variety of experiences and entertainment for all ages and interests. Yas Island also hosts many events and shows throughout the year at the Etihad Arena, the Yas Bay Arena, and the Yas Bay Waterfront.
Some of the interesting events and shows that took place in Yas Island area in 2022 and 2023 are:
- Yas Winter Carnival: Yas Island celebrated the winter season with a carnival that featured snow, ice, and lights. The carnival also included live music, food trucks, fireworks, and a giant tree lighting ceremony.
- Yasalam: Yas Island celebrated the Formula One Abu Dhabi Grand Prix with a festival that featured concerts, parties, and activities. The festival also included the Yasalam After-Race Concerts, which featured performances by some of the world’s biggest artists, such as The Weeknd, Sam Smith, Guns N’ Roses, and Post Malone.
- Yas Movies in the Park: Yas Island hosted a series of outdoor movie screenings at the du Arena, which featured some of the latest and classic movies, such as Avengers: Endgame, The Lion King, Aladdin, and The Greatest Showman. The screenings also included food stalls, games, and live entertainment.
6. Entertainment venues. Yas Island is the entertainment hub of Abu Dhabi, with attractions such as:
- Ferrari World is the world’s first Ferrari-branded theme park, which features the world’s fastest roller coaster, Formula Rossa, and other thrilling rides and attractions.
- Warner Bros. World is the world’s first Warner Bros.-branded indoor theme park, which features six themed lands, such as Gotham City, Metropolis, Cartoon Junction, Bedrock, Dynamite Gulch, and Warner Bros. Plaza.
- Yas Waterworld is a water park that features the world’s largest surf-able sheet wave, Bubble’s Barrel, and other exciting slides and attractions.
- Yas Mall is the largest mall in Abu Dhabi, which features over 400 retail outlets, a 20-screen cinema, a family entertainment center, and a food court.
- Yas Marina Circuit is a world-class racing circuit that hosts the Formula One Abu Dhabi Grand Prix and other motorsport events, as well as a range of driving experiences and track days.
Yas Island also has several hotels and resorts, such as the W Abu Dhabi, the Yas Hotel Abu Dhabi, and the Yas Island Rotana, that offer luxurious accommodation, spa, and fitness facilities, as well as bars, lounges, and clubs, such as W Lounge, Skylite, and Y Bar.
7. Universities. Yas Island does not have any universities within its area, but it is close to some of the leading universities in Abu Dhabi, such as New York University Abu Dhabi, Sorbonne University Abu Dhabi, and Khalifa University, which are located on the nearby Saadiyat Island and Reem Island. These universities offer a range of academic programs, research opportunities, and cultural activities for students and faculty.
8. Schools. Yas Island does not have any schools within its area, but it is close to some of the best schools in Abu Dhabi, such as Raha International School, Aldar Academies, and Gems American Academy, which are located on the nearby Khalifa City and Al Raha Beach. These schools offer a high-quality education, following the International Baccalaureate, American, or British curricula, for students from nursery to secondary levels.
9. Kindergartens. Yas Island does not have any kindergartens within its area, but it is close to some of the reputable kindergartens in Abu Dhabi, such as Bright Beginnings Nursery, Redwood Montessori Nursery, and Mosaic Nursery, which are located on the nearby Khalifa City and Al Raha Beach. These kindergartens offer a nurturing and stimulating environment, following the Early Years Foundation Stage, Montessori, or Reggio Emilia approaches, for children from 6 months to 4 years old.
10. Stores. Yas Island has a variety of stores that cater to the needs and preferences of the residents and visitors. Yas Mall, the largest mall in Abu Dhabi, has a range of stores, such as Carrefour, Virgin Megastore, Sephora, Bath and Body Works, and Apple, that offer groceries, electronics, cosmetics, and accessories. Yas Mall also has a department store, Tryano, that offers fashion, home, and beauty products. Yas Island also has a pharmacy, Life Pharmacy, that offers medicines, supplements, and health products.
11. Restaurants and cafes. Yas Island has a plethora of restaurants and cafes that offer a variety of cuisines and experiences. Yas Mall, the largest mall in Abu Dhabi, has over 60 dining outlets, ranging from fine dining restaurants, such as Cipriani, La Petite Maison, and Texas de Brazil, that offer Italian, French, and Brazilian cuisines, respectively, to casual cafes, such as Starbucks, Tim Hortons, and Paul, that offer coffee, snacks, and pastries. Yas Mall also has a food court, Cascade Dining, that offers a range of fast food and international options, such as McDonald’s, KFC, Pizza Hut, Panda Express, and Man’oushe Street. Yas Island also has several hotels and resorts, such as the W Abu Dhabi, the Yas Hotel Abu Dhabi, and the Yas Island Rotana, that offer luxurious accommodation, spa, and fitness facilities, as well as bars, lounges, and clubs, such as W Lounge, Skylite, and Y Bar.
12. Hospitals and clinics. Yas Island has one of the best hospitals and clinics in Abu Dhabi, the Burjeel Medical Centre, which is a branch of the UAE-based Burjeel Hospital. The center offers a range of medical services and specialties, such as dermatology, dentistry, ophthalmology, and orthopedics. The center also has a pharmacy, a laboratory, and a radiology department. The center also offers telemedicine and home care services for patients who prefer to receive care remotely or at home.
Want to Buy Real Estate in Abu Dhabi? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!
Real Estate Group's 5-year forecast for real estate prices on Yas Island.
The average price per square foot for apartments in Yas Island increased by 1.9% from 2022 to 2023, reaching AED 1,019 ($278). The projected price growth for the next five years is 2% annually, which means that by 2028, the average price per square foot will be AED 1,140 ($311). An example of an apartment complex in this area is the Water’s Edge, which offers studios, one-bedroom, and two-bedroom apartments, with sizes ranging from 400 to 1,000 sq. ft., and prices starting from AED 580,000 ($158,038).
Don't miss the opportunity to invest in real estate in the natural Yas Island, which is home to a variety of residential, retail and entertainment facilities and become a part of Abu Dhabi's future. Leave a request to Real Estate Group today on WhatsApp and let us help you find your dream property on Yas Island.
