Address Residences The Bay is one of the latest projects by Emaar Properties which will be nestled in Emaar Beachfront, close to Palm Jumeirah and Jumeirah Beach Residence. Among the units available for purchase are fully furnished branded apartments and duplexes/townhouses.
Address Residences The Bay is an upcoming tower with a podium and a hotel by Address Hotels + Resorts by Emaar Hospitality Group.
Among the residences available for buying in Address Residences The Bay are fully-furnished 1–3 bedroom branded apartments with living areas ranging from 756 sq. ft to 2,069 sq. ft, and 3-bedroom duplexes/townhouses with floor plans between 2,675 sq. ft to 2,715 sq. ft.
Due to the fact that the development will become home to a 5-star Address Hotel, occupants of Address Residences The Bay will benefit from a spa, meeting rooms, a destination bar and much more to come. Moreover, parking spaces will be offered to residents of the development as well.
As for Q1 2023, the initial cost of a 1-bedroom apartment in Address Residences The Bay is AED 2,7M (USD 735K). The price for a 3-bedroom duplex/townhouse is from AED 13,3M (USD 3,6M). The premium project is located in a freehold zone that enables both locals and foreigners to choose and obtain a property in the development.
Emaar Properties offers an attractive 80/20 payment plan. Upon booking, you will be asked to pay a 10% down payment. If you would like to obtain the latest information regarding this project, get a master plan or find out more about the payment plan, please do not hesitate to contact our real estate agents.
1-Bedroom Apartment
2-Bedroom Apartment
3-Bedroom Apartment
Address Residences The Bay is the right choice for local residents and foreigners wishing to experience a balanced lifestyle in one of the most sought-after areas in Dubai. A great benefit of Emaar Beachfront is its close proximity to other areas of the emirate, as well as to social infrastructure objects, which include educational and medical institutions, as well as entertainment and leisure venues, shopping centres and dining venues.
Address Residences The Bay is highly popular among investors, as the average ROI in the developing area of Emaar Beachfront is already 6%. This number is supposed to grow with the completion of new projects in the area and in its surroundings. At the moment, the minimum price of a residential unit to rent in Emaar Beachfront is AED 100K (USD 27K) annually.
Properties will allow you to apply for a 10-year Golden Visa, as well as live and work in the UAE with your spouse, children and even house staff.
The Golden Visa can be prolonged if you remain the owner of the property after the initial expiry of the visa.