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Objects in Art Bay
2 bedrooms Apartment in ART BAY No. 11016
3 954 828 AED
Living space 225.419936 m²
Bedrooms 2
Ellington Properties
Al Jaddaf, Dubai
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About Art Bay
Location Al Jaddaf, Dubai
Project status New project
Distance to the sea 100 m
Developer Ellington Properties
Type of property Development
Payment plan 70 / 30
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ART BAY in Dubai
ART BAY in Al Jaddaf is a 12-storey new residential development scheduled for completion in Q4 2027. The project comprises two buildings separated by a carriageway and situated directly on the shores of the famous Dubai Creek. It features studios and apartments with 1–3 bedrooms.
The cost of luxury units starts at AED 1.8 million (USD 494,000). Buyers can take advantage of a flexible payment plan provided by the developer:
- 20% — Down payment
- 10% — Within 30 days of booking
- 10% — Within 90 days
- 5% — Within 150 days
- 5% — Within 240 days
- 5% — Upon reaching 30% construction completion
- 5% — Upon reaching 40% construction completion
- 5% — Upon reaching 50% construction completion
- 5% — Upon reaching 60% construction completion
- 30% — Upon transfer of ownership
The residential complex boasts first-class infrastructure. The first two floors will feature a car park with designated areas for cyclists and people with disabilities, charging stations for electric cars, a spacious lobby with lifts and access to the promenade. The third floor will house a lobby with a reception desk, a concierge, a library, a club lounge, a theatre, a gym, a yoga room, a kids' club, a playground and a swimming pool. The rooftop will include a bar, a lounge and a performance stage.
Off-plan property in ART BAY for investment
Dubai housing prices have been steadily rising for several years. In Q2 2024, prices increased by 21% year-on-year, with no signs of a downturn in the foreseeable future. Many investors are purchasing off-plan properties for sale in ART BAY to implement a ‘buy and hold’ strategy and achieve long-term capital gains. Buying a property at an early stage of construction can maximise resale profits, as its value is typically 25–35% lower than that of a completed property.
As prices for studios and flats in the new complex rise, owners will have the opportunity to earn rental income. Apartments in this area offer an average rental yield exceeding 6.2% per annum. Investors can purchase a single unit or an entire floor to secure a high and stable rental income.
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Project details
- Near public transportation
- Close to shopping malls
- Close to schools
- Prestigious district
- Close to international schools
- Close to river or promenade
- Pond nearby
- Near metro
- Near restaurants
- Near Mosque
- Pool view
- City view
- Park/garden view
- Panoramic view
- Street view
- River view
- Beautiful view
- Community view
- Panoramic windows
- Wi-Fi
- Internet
- Private pool
- Finished
- Premium class
- Children's playroom
- Restaurant
- Cafe
- Lobby in Building
- Pilates and yoga room
- Shopping center
- Elevator
- Outdoor parking lot
- Underground parking lot
- Barbecue area
- Security
- Children's playground
- Children's pool
- School
- Transport accessibility
- Community garden
- Garden
- Garden
- Swimming pool
- Sports ground
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Online viewing Art Bay
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Layouts Art Bay
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2D
| Living space | 124.73m² |
| Bathrooms | 2 |
| Bedrooms | 2 |
| Min. price | 2 638 828 AED |
| Available apartments | 1 |
2D
| Living space | 225.42m² |
| Bathrooms | 2 |
| Bedrooms | 2 |
| Min. price | 3 876 828 AED |
| Available apartments | 1 |
2D
| Living space | 117.96m² |
| Bathrooms | 2 |
| Bedrooms | 2 |
| Min. price | 2 755 828 AED |
| Available apartments | 1 |
1
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32D
| Living space | 174.54m² |
| Bathrooms | 3 |
| Bedrooms | 3 |
| Min. price | 4 077 828 AED |
| Available apartments | 1 |
1
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Comparison of parameters and prices in Art Bay
Layouts
Bedrooms
Type of property
Living space
Price
2 bedrooms
2 638 828 AED
2 bedrooms
Apartment
124.73 m²
2 638 828 AED
2 bedrooms
3 876 828 AED
2 bedrooms
Apartment
225.42 m²
3 876 828 AED
2 bedrooms
2 755 828 AED
2 bedrooms
Apartment
117.96 m²
2 755 828 AED
3 bedrooms
4 077 828 AED
3 bedrooms
Apartment
174.54 m²
4 077 828 AED
Comparison of parameters
Payment plan
INSTALLMENT PLAN
Fase
PAYMENT (%)
Downpayment20%
On Booking
20%
DLD fee4%
Fee
4%
1st Instalment10%
30 days after reservation
10%
2st Instalment10%
90 days after reservation
10%
3st Instalment5%
150 days after reservation
5%
4st Instalment5%
240 days after reservation
5%
5st Instalment5%
30% completion
5%
6st Instalment5%
40% completion
5%
7st Instalment5%
50% completion
5%
8st Instalment5%
60% completion
5%
Final Payment30%
Upon delivery
30%
Consultation with an expert
We will help you with your choice at any time, we are online 24/7. You will receive complete information about the
property you are interested in and the available layout options.
Request a call
Uniqueness
ART BAY by Ellington Properties
The project is conveniently located near one of the city's main motorways, enabling future residents to reach key areas quickly. A metro station and numerous bus stops are within walking distance of the buildings and the airport is just a 20-minute drive away. A prestigious international school is accessible within a 15-minute drive. Additionally, supermarkets and medical clinics are located nearby.
The well-developed infrastructure surrounding the residential area will make the flats highly desirable among expats. Tourists will also be attracted by the proximity to the city centre, offering easy access to famous attractions.
Apartments in ART BAY
Buyers can choose between:
- Studios of 39 to 45 m2
- 1-bedroom flats from 78 to 89 m2
- 2-bedroom apartments of 112 to 157 m2
- 3-bedroom premises from 167 to 199 m2
The layout of the studios includes a sleeping area, kitchen, bathroom and balcony. Some properties also feature a living room and a laundry room. Apartments with one to three bedrooms offer an open-plan kitchen, two to five bathrooms, a living room, a dining area, a laundry room and a balcony. Certain units also include storage rooms. Each property owner will be allocated a parking space, while owners of three-bedroom flats will be assigned two parking spaces.
Map
Creek
1000 m
Al Jadaf
650 m
Dubai Healthcare City
1.6 km
-
Museum 3 km -
Hospital 2 km -
Mall 1.6 km -
Marina 300 m
Places nearby
Al Jaddaf
Al Jaddaf
Al Jaddaf is a community situated next to a picturesque bay, featuring a mix of residential and commercial properties. The neighbourhood’s name translates from Arabic as ‘rower,’ reflecting its historical association with the dhow (traditional boat) building industry and it boasts a shipyard dedicated to their maintenance. Thanks to its robust infrastructure and strategic location near the Al Jaddaf waterfront, residents enjoy easy access to schools, kindergartens, hospitals, supermarkets, public transport, restaurants, attractions and other amenities. Downtown Dubai is only a 13-minute drive away.
FAQ
What is the completion date for the apartments for sale in ART BAY?
The property is scheduled for completion in Q4 2027.
Who is the developer of ART BAY in the UAE?
Ellington Properties is developing the project.
What is the address of ART BAY?
The buildings are located in the Al Jaddaf neighbourhood.
What are the offered unit types?
Buyers can choose from studios and 1–3-bedroom apartments.
How much does a 1-bedroom apartment cost in ART BAY?
In ART BAY, prices from the developer start at AED 1.8 million (USD 494,000).
What are the Payment Plans that Ellington ART BAY offers?
Buyers can make a 20% down payment and pay the remaining amount in stages until the property is handed over.
Can a foreigner buy real estate in ART BAY?
Yes, as the housing estate is located in a freehold area.
Can I obtain residency if I buy flats in ART BAY?
Foreign buyers can apply for a 2-year residence permit for apartments priced above AED 750,000 (USD 205,000) or a 5-year permit for properties priced above 2 million AED (USD 545,000).
Is ART BAY a good place to live in Dubai?
Minimalistic interior designs, functional layouts, scenic bay views, a wide range of world-class amenities including a theatre and performance stage, lush green spaces, community gardens and easy access to important infrastructure and leisure and recreational facilities are the main factors that will enable buyers and tenants of the premises to lead comfortable lifestyles.
What are the pros and cons of living in Al Jaddaf Dubai?
The area's pros include developed infrastructure, the seafront, attractions, an established public transport system and proximity to the city centre. The disadvantages include traffic jams on motorways during peak hours.
Developer Ellington Properties
2014
Founded in
172
Total
13
Completed projects
159
Ongoing projects
Ellington Properties is a development company established over 10 years ago and is a leader in the Dubai property market. It focuses on thoughtfully designed residential complexes and developed internal infrastructure that includes unique amenities. This is why the organisation continues to receive prestigious local and international awards.
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Tim Ward
Property expert