31 August 2015
•Villas available for sale on Yas Island, exclusively for Emirati Nationals

•1,017 four and five-bedroom modern villaslocated along Yas Island's natural mangroves

•Luxury villasstarting from AED 4 million and no service charges applied

•First phase sales event on 12th September at Crowne Plaza, Yas Island

•Multiple payment plans available for purchasers

Abu Dhabi - Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading listed property development, investment and management company, announces the launch of West Yas, a new residential development located on the iconic Yas Island.

West Yas, for which sales will open on 12th September, is a key component of Aldar's commitment to create quality, comfortable, and desirable destinations meeting customers' demand.

Mohammad Al Mubarak, Chief Executive Officer at Aldar said: "The launch of West Yas is a significant phase of the Yas Island story, bringing over 1,000 modern villas to this fabulous destination. West Yas also marks the next stage of Aldar'sresidential development in Abu Dhabi's most sought after areas. This project delivers on our strategy tolaunch new developments that can drive the completion of Yas Island."

Purchasers looking to become part of the West Yas community are invited to attend the first phase sales event, taking place at Yas Island's Crowne Plaza hotel on 12th September. The event will showcase the unique selling points of West Yas includingits setting within the Yas Island development, master planned community, and standalone villa design developed with UAE Nationals in mind.

In addition, purchasers will benefit from multiple payment plans, offering flexibility over down payment and instalment schedules. 

Marketed exclusively to UAE Nationals, West Yas will become a major community for Emiratis from across the country, enabling them to live and work in the Capital. Residents of West Yas will also enjoy proximity to Yas Mall and the multiple leisure facilities on Yas Island including: Yas Waterworld; Yas Marina Circuit; Yas Marina; Yas Links; Ferrari World Abu Dhabi; and food and beverage outlets located in the numerous hotels on the island.

West Yas is located alongYas Island's natural mangroves and features 1,017 four and five-bedroom luxuryvillas, withprices starting from AED 4 million. The development is a non-gated community with no service charges, andincludes a range of community facilities including a mosque built for 2,000 worshippers, two schools, one of which will be operated by Aldar Academies, a retail centre, sports facilities, a petrol station, and extensive landscaping and greenery in the open public spaces.The villas are expected to be handed over to buyers at the end of 2017.

-Ends-

About Aldar
Abu Dhabi-based Aldar Properties PJSC is one of the largest developers in the Middle East and North Africa region, with almost US$10 billion of assets. The company has developed some of Abu Dhabi's most iconic and complex projects, from the Formula 1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Al Reem Island. Its property portfolio is diversified and balanced with a total asset mix comprising residential communities, retail property, with the remaining in commercial. There are also nine hotels with more than 2,500 available rooms. With a land bank of over 77 million square metres, 90 per cent of which is in special investment zones, Aldar Properties is focused on serving the growing demand in the UAE for high-quality and professionally managed property. Aldar Properties is a strong partner of the Government of Abu Dhabi, which is also a major shareholder. The business is aligned with the Emirate's "Vision 2030" strategy of economic diversification and social infrastructure development.

www.aldar.com

Media enquiries:
Aldar Properties
Alya Al Mutawa
+971 2 810 5555 

Brunswick
Sheena Shah    
+971 2 234 4606 

Joudi Issa
+971 4 375 6285

© Press Release 2015