For sale flat in quiet zone Dubai Dubai

Art Bay: Waterfront Residential Excellence in Al Jaddaf

Project Description:

Art Bay represents the first Dutco Ellington brand initiative in Al Jaddaf and the second project in Dubai resulting from the collaboration between Ellington Properties and Dutco Group. This innovative luxury residential development, consisting of two towers, Art Bay East and Art Bay West, is located along the banks of the Dubai Creek, offering a unique combination of creativity, wellness and culture.

Unit Types:

The Art Bay project offers a selection of studios and apartments with 1-3 bedrooms, with floor areas ranging from 40 sqm to 229 sqm, including balconies. Units, with the exception of studios, have a laundry room and a half bath. Some residences also include a storage room and/or pantry. The corner units with 2-3 bedrooms boast an exclusive space, the ´glass box,´ which offers breathtaking views of the surroundings.

Amenities and Comfort:

Art Bay residents will enjoy a wide range of premium amenities, including a shopping area, a walk in Dubai Culture Village, a Hot Yoga studio, a Youth Hub, a theater, a lobby library, a lounge club, a fitness studio, a swimming pool, and The Courtyard. In addition, the complex offers wellness nooks, a relaxation and leisure pool, cabanas, barbecue area, and games corner.

The focal point of Art Bay is the Art Club, equipped with a workshop corner and an arts and performance stage, which stimulates creativity and offers exciting events. Other perks of the club include a rooftop bar, an outdoor lounge, and a lounging area with plunging seating.

Location and Transportation:

Art Bay enjoys a strategic location near Al Khail Road, one of Dubai´s main transportation arteries, providing access to Dubai International Airport and Dubai Marina in just 15 minutes by car. Al Jadaf subway station is a short walk away, with several bus stops nearby, including Al Jaddaf/Culture Village 1 and 2, and Al Jaddaf/Palace 1 and 2.

Services and Education:

A number of essential services such as W MART Supermarket, LIFE Pharmacy Al Jaddaf, and the Sheikha Athija Bint Saqer Al Nahyan Mosque are located nearby. In addition, less than a 15-minute drive away is Swiss International Scientific School Dubai, the largest Swiss school outside of Switzerland, which offers the IB program for students aged 3 to 18.

The complex is also close to popular entertainment venues such as Jameel Arts Center, Jaddaf Waterfront Marina, and Jaddaf Waterfront Sculpture Park.

Investment Opportunities:

As of the first quarter of 2024, the average return on investment (ROI) for 1-bedroom apartments in Al Jaddaf is 6.2 percent, with annual rental prices starting at AED 52K (USD 14K). These indicators suggest an excellent passive income opportunity for those wishing to rent out their property in Art Bay.

Visas for Investors:

All property owners in Art Bay have the option of obtaining a 2-year visa. If the total investment is at least AED 2 million (USD 545K), you are eligible for the 10-year Golden Visa, which can also be extended to your spouse, children and domestic staff.

Advantageous Payment Plan:

A 70/30 payment plan is available, with delivery scheduled for Q3 2026. No fees are required to be paid.

#ArtBay #DutcoEllington #AlJaddaf #DubaiCreek #LuxuryLiving #DubaiRealEstate #InvestmentDubai #GoldenVisaUAE #LuxuryRealEstate #InvestmentRealEstate