Your guide to everything you should know when buying a property in Dubai.
Your guide to everything you should know when buying a property in Dubai.
About the Developer
Baraka Real Estate Development is an Abu Dhabi-based developer established in 2021 through a strategic partnership between Bin Ham Properties and Caphy Properties. The company is led by Founder and CEO Dr. Husam Mohamed Alameri and develops residential, commercial, and entertainment projects in the UAE and overseas.
Its flagship work is centred on Yas Island, Abu Dhabi, one of the UAE’s best-known entertainment and lifestyle destinations. Baraka’s Bay Residence series brings waterfront apartments and penthouses close to landmark attractions such as Yas Marina Circuit, Yas Waterworld, and Etihad Arena.
Baraka also draws on the Bin Ham Group’s wider track record, including the Royal Rose Hotel in Al Danah and the City Seasons Hotels collection across the UAE and Oman. Baraka off-plan developments are regulated in line with relevant UAE authority guidelines and include escrow protection.
Why Invest
Baraka is most relevant for investors seeking waterfront living on Yas Island, an Abu Dhabi address shaped by tourism, events, and year-round entertainment demand.
Portfolio
For Buyers
Baraka’s core developments are on Yas Island, home to Ferrari World, Yas Waterworld, Warner Bros World, Yas Marina Circuit (F1), and Etihad Arena. For buyers, that means a residential setting tied closely to tourism, events, and rental demand.
Baraka is supported by the combined experience of Bin Ham Properties and Caphy Properties. Bin Ham Group’s portfolio includes 5-star hotels and hospitality projects across the UAE and internationally, adding construction and delivery know-how behind the brand.
Market Analysis
Baraka has carved out a focused role as a Yas Island specialist within Abu Dhabi real estate. Aldar remains the larger name across the wider emirate, but Baraka’s narrower focus on Yas Island waterfront projects gives it a clear identity in one of Abu Dhabi’s most watched investment locations. Its backing from Bin Ham Properties and Caphy Properties also matters in a market where buyers look closely at developer track record before committing.
Core developments on Abu Dhabi's leading entertainment and lifestyle island.
Strategic partnership between two established property groups.
Projects in Abu Dhabi, Dubai, Sarajevo, and Morocco.
Waterfront apartments and penthouses overlooking the F1 circuit and Arabian Gulf.
Baraka Real Estate Development was established in 2021 through a partnership between Bin Ham Properties and Caphy Properties. It is led by Founder and CEO Dr. Husam Mohamed Alameri, with the business drawing on its parent companies' experience in hospitality, construction, and real estate across the UAE.
Baraka's main projects are on Yas Island, Abu Dhabi, including the Bay Residence series. The developer has also expanded into Dubai and internationally, with projects referenced in Sarajevo, Bosnia and Morocco, giving it a footprint beyond its Abu Dhabi base.
The Bay Residence is Baraka's flagship waterfront development on Yas Island, Abu Dhabi. It includes apartments and penthouses with views of Yas Marina Circuit, Yas Waterworld, and the Arabian Gulf, while Bay Residence II offers 60% payable upon key handover.
Yes, payment plans are typically available on Baraka off-plan projects, but the terms vary by project and release. For The Bay Residence II, the entry notes that 60% is payable upon receiving the keys. Buyers should confirm the current construction-linked or handover terms before reserving, as availability and schedules can change.
Yes, Baraka properties may qualify for UAE residence visa programmes when they meet the required minimum investment threshold. Eligibility depends on the property value and the applicable visa rules at the time of purchase, so buyers should confirm the latest criteria before reserving.
