Properties for sale in Yas Island

Property in Yas Island with residence permit

Buying real estate in Yas Island offers great prospects for expats and investors. This man-made island in the eastern part of Abu Dhabi serves as a destination with iconic attractions for travelers from all over the world.

The island is among the most sought-after locations for luxury property. The following types of accommodation are available:

• Villas are spacious homes with private plots. They range from compact and cozy to luxurious, with several living rooms, swimming pools, terraces, and large gardens. Villas in the UAE are most often located in gated complexes with 24-hour security.
• Townhouses are 2- and 3-story houses adjacent to neighbors through common walls. Each townhouse usually has its own courtyard, which can be set up as a recreation area or garden.
• Flats are modern apartments in the UAE in high-rise or mid-rise buildings. They range from studio layouts to units with 1 or multiple bedrooms. Complexes usually have fitness halls, swimming pools, playgrounds, and other amenities.
• Penthouses are luxury units, usually located on the top floors. They feature large terraces and beautiful views and often have outdoor seating areas or private swimming pools.

The island is a freehold area where foreigners can buy real estate under full ownership.

Residence permit in UAE by buying property in Yas Island

Purchasing properties in Yas Island, UAE, allows foreign investors to get residency. This status offers several significant benefits, including long-term residency, access to a favorable business environment, and high-quality services.

Investors who invest at least AED 2 million (about $544,500) in property in the capital city are eligible for a golden visa.

Purchase by mortgage or interest-free installments is also possible, but the first payment must be a threshold amount or a minimum of 50% of the total cost. A foreigner needs to maintain property ownership to extend the visa.

The golden residence permit program covers not only investors but also spouses and unmarried children of any age, which makes the procedure convenient and comfortable for the whole family.

Investment real estate in Yas Island

Yas Island is one of the most attractive destinations for investors due to its well-developed infrastructure, stable rental demand, and opportunities to generate sustainable income. In popular tourist areas, the average profitability here reaches 7.8% per annum.

The housing market in the capital demonstrates stable growth. In Q1 2024, the average selling price increased by 7%, and rental rates increased by 4%. Luxury villa prices in the community increased by 10.3% by the end of the first half of the year. These figures confirm the high potential of properties in Yas Island for investment.

Buyers can target the following prices:

• The price of a 2-bedroom townhouse starts from AED 1.5 million ($408,000). The average price of a 4-bedroom luxury villa will be AED 6.3 million ($1.7 million). Premium options can cost tens of millions of dollars.
• Prices for compact 33 m² 1-bedroom flats in under-construction developments start from AED 420,000 ($114,500) and 2-bedroom flats from AED 1 million ($272,500). However, it is important to note that this is a starting price. Average prices are about twice as high.

One key advantage for investors is the absence of income, inheritance, capital gains, estate, and gift taxes. Corporation tax is only 9%, which is much more favorable than in most other countries.

If you want to buy real estate for sale in Yas Island, the experts at Citizenship-By.Investments will help you every step of the way. We will provide professional property selection, secure transactions, and detailed advice. Fill in the feedback form and our experts will answer all your questions and help you make the best choice.