Manchester City Phase 2, Yas Island
Ohana Real Estate Development is building Manchester City Phase 2, the second phase of Manchester City Residences on Yas Island in Abu Dhabi. The project is apartments only, covering a wide price band from investor-grade entry points to premium family-sized units. Construction started in October 2026 and handover is targeted for September 2029.
Getting In for 5%
The down payment is 5%. For an off-plan project in this price bracket and location, that is a low bar. The structure divides the remaining balance into 35% during construction and 60% at handover, with no post-handover installments.
The breakdown in concrete terms: a buyer at the minimum price of AED 3,590,000 commits AED 179,500 at signing and pays AED 1,256,500 across the construction phase. The handover payment then falls at approximately AED 2,154,000, due in a single tranche. At the top of the range, AED 9,900,000, the same structure produces a handover payment of approximately AED 5,940,000.
The 5% entry is genuinely accessible. The 60% at handover is the defining financial event in this structure, arriving as a single lump at a fixed point in September 2029.
What AED 3.59M to AED 9.9M Covers
The price range is AED 3,590,000 to AED 9,900,000 for apartments. A spread of AED 6.3 million across a single property type reflects significant variation in unit size and floor position within the building.
At AED 3.59 million, the buyer profile is likely an investor targeting rental yield on Yas Island, or a professional seeking a compact home base close to the island's amenities. As the price climbs toward AED 9.9 million, the picture changes substantially. Near AED 10 million, the buyer is typically a family or someone choosing Yas Island as a long-term primary or premium secondary residence. The spread represents genuinely different buyer profiles, each with a different relationship to the island.
Yas Island: Abu Dhabi's Leisure Hub
Yas Island is Abu Dhabi's primary entertainment and leisure destination. The Yas Marina Circuit hosts the Abu Dhabi Formula 1 Grand Prix. Ferrari World, Yas Waterworld, and Yas Mall sit alongside it. The island is a purpose-built district, developed around these large-scale anchors rather than growing organically from the existing city fabric.
Residents live close to this infrastructure day to day, not just during events. The island is less dense than Abu Dhabi's city center, with more open space. It connects to central Abu Dhabi directly via major highways. The trade is distance from the commercial core in exchange for immediate access to a concentrated leisure environment.
Six Amenities and What They Signal
| Category | Amenities |
|---|---|
| Fitness & Recreation | Gymnasium, Indoor Swimming Pool |
| Outdoor Spaces | Landscaped Gardens |
| Family | Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
Six amenities cover the fundamentals. The indoor pool stands out for a practical reason: Abu Dhabi's summer heat makes outdoor swimming impractical for several months, and an indoor facility is usable year-round. On-site restaurants reduce residents' reliance on leaving the building for food. The children's play area and landscaped gardens reinforce a family-oriented positioning. This is a package for people living in the building rather than a minimal setup aimed at investors handing over to tenants.
Three Years Before Keys
Construction started in October 2026. Handover is targeted for September 2029, giving the project a three-year build window. Off-plan buyers entering now have that full window to complete the 35% construction-phase installments before the remaining balance falls due.
The 60% handover payment lands as a single sum at completion, with no post-handover spreading. The payment structure is straightforward: light at the front, heavy at the end. The 5% down payment is a low-cost entry; the 60% at handover is the single largest commitment in the plan.