Ayala Malls Manila Bay (formerly Ayala Malls Bay Area) is a large shopping mall in Metro Manila, developed by Ayala Malls, a wholly owned subsidiary of Ayala Corporation. Opened on September 26, 2019, it is the first and only Ayala Mall in Parañaque. It is located in the Aseana City township development in Bay City, a reclamation area on Manila Bay. With a total floor area measuring , it is the largest Ayala Mall and the fifth largest shopping mall in the Philippines, tied with Festival Mall.
Ayala Malls Manila Bay features two buildings and five floors of retail space, with three levels of basement parking and above-ground Podium Parking from the second to eighth floor. It has the Abueva Atrium (adjacent to a street of the same name) at Building B for events, Central Garden, IT Zone at the fourth floor, and ten digital cinemas at the fifth floor. The largest among Ayala Malls, the cinemas include an A-Giant Screen cinema, while some have A-Luxe Recliner Seats. The mall also hosts multiple entertainment and leisure facilities including a Timezone branch at , formerly the largest in the country. The mall also features the Seda Manila Bay Hotel, a 350-room 4-star hotel which opened its doors in July 2023, and located along the corners of Abueva Road and Aseana Avenue. The hotel was eventually planned to be opened within 2021 while entering full operations in 2022, yet was pushed back due to the effects of the COVID-19 pandemic in the country. The 12-storey hotel features 3 meeting rooms; three restaurants, namely the Misto Restaurant, Straight Up Roof Deck Bar, and the Club Lounge; an infinity pool, a game room, a mini golf course, a gym, and the Seda Spa. The hotel's lounge features artworks from Ann Pamintuan, Francisco "Paco" Guerrero, Eddie Zobel, and Jaime Zobel de Ayala.
The mall has four dedicated country-specific shopping sections: the Filipino Village, China Town, Japan Town and Korea Town. The Filipino Village also houses the Food Wanderer by Lakbay Museo, an interactive art museum which moved to the mall on September 2022 from the S Maison mall located at Conrad Manila at the SM Mall of Asia complex.
Located at the fourth floor of the mall is the Express Lingkod Office (ELO) Serbisyo Center, a one-stop-shop service center bringing under one roof both personal and business frontline services of the Parañaque City Government. Other government offices branching in the mall are Philippine Statistics Authority (Civil Registry System outlet), Professional Regulation Commission, and Pag-IBIG Fund.
Located at the ground floor of the mall is its indoor transport terminal. An electric vehicle charging station by ACMobility is also located at the mall's Almario Road entrance. The mall will also be anchored by The Landmark Department Store and Supermarket, located along the mall's northeastern section. The department store will have five floors of retail space and was initially planned to be opened within 2023, yet the construction faced delays due to undisclosed factors. The supermarket and food center opened on October 25, 2024, while the new department store is set to be completed within the 1st half of 2025.
In 2025, Mindspark, the country's largest science museum, opened at the mall.