Abu Dhabi’s Aldar properties to build new villa development on Yas Island
Aldar Properties, Abu Dhabi based developer, has announced plans to build a new villa development on Yas Island. This golf and waterfront development which will add 1315 villas to Yas Island, is one of the most significant new residential developments to be launched in Abu Dhabi by Aldar with a development value of over AED6 billion.
Inspired by the concept of Yas Island Living, Yas Acres is located on the northern shores of the island. Residents will enjoy the golf course and club house, parks, schools and vibrant waterfront right on their doorstep.
Commenting on the launch of Yas Acres, Abubaker Seddiq Al Khoori, Chairman, Aldar Properties PJSC, said:
“Abu Dhabi’s economic fundamentals remain solid, built upon a long term vision for economic diversification. In order to play a key role in our Emirate’s growth plans, this AED 6 billion development is a clear example of Aldar committing to the delivery of only the highest quality homes to the market. Through this we can improve the quality of life of our customers, while also contributing to the local economy.”
Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties PJSC, commented:
“Yas Acres is compelling for investors looking to buy into the steady returns and future growth of the well-established Yas Island community. The new development is also exciting for those who want to buy a family home to live in and aspire to the luxury lifestyle amenities that define Yas Island living. From the park land and golf course to the beaches, new marina and exclusive yacht club, Yas Acres will set a new standard for villa living in Abu Dhabi. We have designed a complete, sustainable community and are confident buyers will be eager to gain access to these new quality homes.”
Yas Acres, which upon completion will be home to 15,000 residents, is the embodiment of Yas Island Living, which emphasises community and puts leisure at the heart of everyday life. To achieve this, the full length nine hole golf course and member’s country club sits at the heart of the development. This is accompanied by schools, mosques, community retail, a yacht club and marina. Prices for units within Yas Acres will start at AED2.9 million for three bedroom town houses.
Yas Island is a recognized centre for entertainment and leisure, and combined with the growing number of villas and apartments, I am confident that it will be the most desirable address in the Emirate.” Al Mubarak said.