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Gardenia Bay

Yas Island · Aldar Properties

Project factsheet

Developer Aldar Properties
Status Under construction
District Yas Island
Layouts studios, 1, 2 and 3 bedrooms
Handover Q3 2027

Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.

About the building

Located in Yas Island, currently under construction. Developer — Aldar Properties.

Specifications for Gardenia Bay as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.

About the project

Gardenia Bay is a residential complex of several buildings in Yas Island, handover is due Q3 2027.

The developer is Aldar Properties.

Layouts, according to the sales-launch announcement — studios, 1, 2 and 3 bedrooms.

The database currently holds 8 lots in this project, from 1 549 999 AED; 8 of them priced below the market, the deepest discount 13%.

An Aldar waterfront project on Yas Island with its own beach and beach club: studios and apartments up to three bedrooms, handover stated for Q3 2027.

What's stated

Gardenia Bay is waterfront housing on Yas with a private beach and beach club. The stated amenities: pools and communal gardens, yoga decks, a gym and fitness trails, cycling and running routes, a private cinema and clubhouse, children's parks and sports courts, a dog park, barbecue areas, cafés and retail, meeting rooms and coworking, concierge.

The service charge quoted at launch was AED 15.7 per square foot a year — a moderate rate for a project with a beach club, and it's worth rechecking as of the date of your deal, since the upkeep of the beach and the club falls under that same charge.

Two sales waves

The second launch came in February 2024 (the first phase opened in September 2023). Studios started from AED 860,000 then, one-bedrooms (796–936 sq ft) from AED 1.507 million, two-bedrooms (1,162–1,377 sq ft) from AED 2.328 million, two-bedrooms with a maid's room (1,517–1,582 sq ft) from AED 2.85 million, three-bedrooms (1,657–2,002 sq ft) from AED 3.772 million.

The second wave was the Begonia phase, launched on 13 February 2025: studios from AED 950,000, one bedroom from AED 1.56 million, two from AED 2.33 million, three with a maid's room from AED 3.10 million, on a 40/60 payment plan.

The gap between the two launches is the most useful thing in these numbers: over a year, a studio in the same project rose in price from AED 860,000 to AED 950,000, around 10%. That's not a forecast — it's what actually happened between the phases.

Phase one: September 2023

Aldar opened the first phase of Gardenia Bay on 8 September 2023, releasing 210 of the community's 2,434 homes; three buildings sold out within 24 hours. Launch prices: studios from USD 219,000, one-bedrooms from USD 369,000, two-bedrooms from USD 565,000, two-bedrooms with maid's room from USD 670,000 and three-bedrooms from USD 845,000; the smallest studio is 46 m². Construction of phase one was due to start in Q1 2024, with handover stated for Q2 2027.

Sustainability is the organising idea: smart irrigation, per-apartment water and energy metering, recycled materials and architecture designed for shade. On top of the amenities above, the plan added a zen garden, an amphitheatre, a swimmable lagoon and a mosque, and the community is pet-friendly. The February 2024 release came with a 10/40/50 payment plan.

Composition, sizes, first-wave prices and service charge — developer materials, February 2024. Begonia phase prices and payment plan — developer materials for the phase launch, 13 February 2025. Phase one (date, volume, prices, timing) and sustainability concept — Aldar announcement and trade press, September 2023; payment plan of the February 2024 release — its launch materials.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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Frequently asked about Gardenia Bay

Who is the developer of Gardenia Bay?

Aldar Properties.

When is Gardenia Bay handed over?

The sales-launch announcement says Q3 2027. The date in the contract for a particular unit can differ — I check it before the deal.

What layouts are there in Gardenia Bay?

Studios, 1-bedroom, 2-bedroom and 3-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.

How much does an apartment in Gardenia Bay cost?

The database currently holds 8 lots in this project, from 1 549 999 AED; 8 of them priced below the market, the deepest discount 13%. The list changes daily — I will send a fresh selection for the building on request.

In the news

What has been written about the building, its developer and Yas Island

Where this project stands today

I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.

Ask a question

Telegram is the fastest way — I answer personally.

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