Let's show that the map $g : I^2/_\sim \to A/_{\approx}$ from @csprun's answer is indeed a homeomorphism:
$$g([(x,y)]) = [f(x,y)] = [((y+1)\cos(2\pi x), (y+1)\sin(2\pi x))].$$
First note that $g$ is well-defined:
- if $x,y \in (0,1)$ then $(x,y)$ is the only member of $[(x,y)]$
- if $x = 0$, then $(0,y) \sim (1,y)$ but $$f(0,y) = (y+1)(\cos(0),\sin(0)) = (y+1)(1,0) = (y+1)(\cos(2\pi), \sin(2\pi)) = f(1,y)$$
so in particular $[f(0,y)] = [f(1,y)]$.
- if $y = 0$ then $(x,0) \sim (x,1)$ but
$$[f(x,0)] = [(\cos(2\pi x), \sin(2\pi x))] = [2(\cos(2\pi x), \sin(2\pi x))] = [f(x,1)]$$
Now we show that $g$ is continuous. As in @csprun's answer, denote the respective quotient maps by $\pi : A \to A/_\approx$ and $\rho : I^2 \to I^2/_\sim$. Recall that quotient topologies are given by $$\{U \subseteq A/_\approx : \pi^{-1}(U) \text{ open in } A\}, \quad \{V \subseteq I^2/_\sim : \rho^{-1}(V) \text{ open in } I^2\}$$
Notice that $g$ satisfies the identity $g \circ \rho = \pi \circ f$. The function $\pi \circ f : I^2 \to A/_\approx$ is continuous as a composition of two continuous functions. We claim that $g$ is continuous. Let $W \subseteq A/_\approx$ be open, we claim that $g^{-1}(W)$ is open in $I^2/\sim$. For that it is sufficient to show that $\rho^{-1}(g^{-1}(W))$ is open in $I^2$, but this is true since $$\rho^{-1}(g^{-1}(W)) = (g \circ \rho)^{-1}(W) = (\pi \circ f)^{-1}(W), \text{ and this is open in } I^2$$
Now onto the inverse of $g$. We will provide an explicit inverse $g^{-1} : A/_\approx \to I^2/_\sim$ and show that it is continuous. First notice that the inverse of $f$ is given by $f^{-1} : A \to I^2$
$$f^{-1}(x,y) = \left(\frac1{2\pi}\omega(x,y), \|(x,y)\| - 1\right)$$
where $\omega : A \to [0,2\pi]$ is the unique angle which the point $(x,y)$ closes with the positive $x$-axis:
$$\omega(x,y) = \begin{cases}
0, &\text{ if } y = 0, x > 0\\
\operatorname{arccot}\frac{x}y, &\text{ if } y > 0\\
\pi, &\text{ if } y = 0, x < 0\\
\pi + \operatorname{arccot}\frac{x}y, &\text{ if } y < 0\\
\end{cases}$$
Note (because of $\omega$) that $f^{-1}$ is not continuous on the line segment $\{x > 0, y = 0\} \cap A$, but it is continuous elsewhere on $A$.
Now we claim that $g^{-1}$ is given by $$g^{-1}([(x,y)]) = [f^{-1}(x,y)]$$
Indeed, this is well defined as for $(x,y)$ on the unit circle we have
$$[f^{-1}(x,y)] = \left[\left(\frac1{2\pi}\omega(x,y), 0\right)\right] = \left[\left(\frac1{2\pi}\omega(2x,2y), 1\right)\right] = [f^{-1}(2x,2y)]$$
Notice that $g^{-1}$ satisfies $g^{-1} \circ \pi = \rho \circ f^{-1}$ so we have
$$(g^{-1} \circ g) \circ \rho = g^{-1} \circ (g \circ \rho) = g^{-1} \circ (\pi \circ f) = (g^{-1} \circ \pi) \circ f = (\rho \circ f^{-1}) \circ f = \rho \circ (f^{-1} \circ f) = \rho$$
so $g^{-1} \circ g = \operatorname{id}_{I^2/_\sim}$. Similarly we show $(g \circ g^{-1}) \circ \pi = \pi$ so $g \circ g^{-1} = \operatorname{id}_{A/_\approx}$. Hence $g^{-1}$ is really the inverse of $g$. It remains to show that $g^{-1}$ is continuous.
First notice that $\rho \circ f^{-1} : A \to I^2/_\sim$ is continuous. We know that $f^{-1}$ is continuous on $A\setminus \{x > 0, y = 0\}$, so $\rho \circ f^{-1}$ is continuous there as well. For $(x,0) \in A$, $x > 0$ let $((x_\lambda, y_\lambda))_{\lambda \in \Lambda}$ be a net in $A$ which converges to $(x,0)$. We can assume $x_\lambda > 0, \forall \lambda \in \Lambda$.
We have
$$(\rho \circ f^{-1})(x_\lambda, y_\lambda) = \begin{cases} \left[\left(\frac1{2\pi}\operatorname{arccot} \frac{x_\lambda}{y_\lambda}, \|(x_\lambda, y_\lambda)\| - 1\right)\right], &\text{ if } y_\lambda > 0 \\
\left[\left(\frac12 + \frac1{2\pi}\operatorname{arccot} \frac{x_\lambda}{y_\lambda}, \|(x_\lambda, y_\lambda)\| - 1\right)\right], &\text{ if } y_\lambda < 0 \\
\left[\left(0, \|(x_\lambda, y_\lambda)\| - 1\right)\right], &\text{ if } y_\lambda = 0 \\
\end{cases} \to \begin{cases} \left[\left(0, \|(x,y)\| - 1\right)\right], &\text{ if } y_\lambda > 0 \\
\left[\left(1, \|(x,y)\| - 1\right)\right], &\text{ if } y_\lambda < 0 \\
\left[\left(0, \|(x,y)\| - 1\right)\right], &\text{ if } y_\lambda = 0 \\
\end{cases} = \left[\left(0, \|(x,y)\| - 1\right)\right] = (\rho \circ f^{-1})(x,y)$$
We conclude that $\rho \circ f^{-1}$ is continuous at $(x,0)$.
Finally, let $W \subseteq I^2/_\sim$ be an open set and we claim that $(g^{-1})^{-1}(W)$ is open in $A/_\approx$. It suffices to verify that $\pi^{-1}((g^{-1})^{-1}(W))$ is open in $A$, which is true:
$$\pi^{-1}((g^{-1})^{-1}(W)) = (g^{-1} \circ \pi)^{-1}(W) = (\rho \circ f^{-1})^{-1}(W), \text{ and this is open in } A$$
Therefore $g^{-1}$ is continuous so we conclude that $g$ is a homeomorphism.