Gardenia Bay — project image
Off-Plan

Gardenia Bay

From AED 840,000·Handover Sep 2028·Accepted payment methods: bank_check, bank_transfer Payment
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AED 840,000
Starting Price
Sep 2028
Handover
Accepted payment methods: bank_check, bank_transfer
Payment Plan
Studio · Apartments
Type

Project Overview

Gardenia Bay is a waterfront development on Yas Island that features a collection of studios, 1, 2 and 3 bedroom apartments. Phase A comprises 16 buildings from 5 to 9 storeys, while Phase B comprises 9 buildings from 6 to 9 storeys. The buildings feature a contemporary design, focused on maximising shading and reducing heat load. The project places great emphasis on landscaping and plant selection. Residences are available in two colour options: dark or light. Laminate, porcelain tiles and paint are used in the finishing. The contemporary design is complemented by balconies and panoramic windows with views of the community or canal. Gardenia Bay features a club house, wellness facilities, commercial spaces, gardens, work pods, BBQ areas, play areas, educational centres, a mosque and more. This allows residents to lead an active and fulfilling lifestyle while enjoying the comforts of home. The development’s strategic location, in close proximity to Yas Park, provides a welcoming environment. Numerous entertainment venues and famous attractions are in close proximity, including Ferrari World, Yas Mall, SeaWorld and Abu Dhabi International Airport, accessible via Sheikh Khalifa Bin Zayed Street. Residents also have easy access to neighboring islands and towns. Buildings Configuration: Phase A: G+5–9; Phase B: G+6–9

Project Specifications
DeveloperAldar Properties
LocationYas Island
Unit TypesStudio, Apartments
AreaYas Island
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 36,246 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,526
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 386,400 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Aldar Properties.

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Payment Structure

Accepted payment methods: bank_check, bank_transfer

Published payment summary

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Amenities & Lifestyle

BBQ
Central A/C
Children’s pool
Cinema
Concierge Service
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Yas Island

Nearby Destinations

Yas Island

Developer and Project Facts

01

Gardenia Bay by Aldar Properties

02

Located in Yas Island

03

Starting from AED 840,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Sep 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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