Bayview by Address Resorts is a new project by Emaar Properties located in the Emaar Beachfront area. It consists of two towers that are connected by a podium. The second phase of the development was announced in Q3 2023. The project is expected to be completed by Q3 2028.
Tower 1 offers 356 residences for purchase. They include exclusive furnished apartments with 1-4 bedrooms ranging from 736 sq. ft to 2,476 sq. ft are available for purchase, as well as a limited number of penthouses with 4 or 6 bedrooms. Tower 2 features 308 residences, which include 1–3 bedroom apartments ranging from 731 sq. ft to 1,855 sq. ft and 5-6 bedroom penthouses ranging from 5,257 sq. ft to 11,738 sq. ft.The complex will offer services from the globally renowned hotel brand, Address Hotels + Resorts.
Bayview by Address Resorts features its own private sandy beach stretching 1.5 km. Within walking distance, there is a waterfront promenade, yacht harbour, and park area.
In Q3 2023, the starting price of a 1-bedroom apartment is AED 2.9M (USD 790K). The cost of penthouses starts from AED 28M (USD 7.6M).The developer, Emaar Properties, offers an attractive payment plan of 90/10, with a 10% down payment upon booking. The project is located in a freehold zone, allowing both local residents and foreigners to purchase properties here.
One-Bedroom Apartment
Two-Bedroom Apartment
Three-Bedroom Apartment
Four-Bedroom Apartment
Six-bedroom penthouse
Bayview by Address Resorts is an ideal choice for those who appreciate a relaxed resort lifestyle and comfort. Emaar Beachfront is conveniently located near the business districts and in close proximity to educational institutions, numerous sports complexes, and landmarks.
Bayview by Address Resorts is also a promising investment asset. In Q3 of 2023, the annual rental price for one-bedroom apartments in Emaar Beachfront is AED 150K (USD 41K). The ROI is 6.7%.
Upon completion of construction, property owners in Bayview by Address Resorts can apply for a 10-year Golden Visa. The visa can be renewed unlimited times, provided that the property remains in your ownership.