· Strong demand seen in first phase, with 300 four and five bedroom luxury villas sold
· 1,017 units starting from AED 4 million
· Multiple payment plans available for purchasers
· No service fees apply within the master developed community
· Outdoor space and community amenities play major role in master planned development
Abu Dhabi: Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading listed property development, investment and management company, has today launched the second phase of sales for West Yas, a master planned residential development located on Yas Island. This comes as a response to the strong nationwide demand recorded in phase one where 300 units were sold to Emiratis.
West Yas features luxury standalone villas that are integrated into large green spaces and adjacent to Yas Island's major attractions. Purchasers benefit from multiple payment plans, offering flexibility over down payment and instalment schedules.
Talal Al Dhiyebi, Chief Development Officer at Aldar said: "We have seen significant demand for West Yas due to the elegant design of the development's luxury villas, and its prime location on one of Abu Dhabi's leading retail and leisure destinations, Yas Island. West Yas, the next phase of the Yas Island story, appeals to Emiratis from across the UAE, who are looking for a long term investment opportunity, in addition to luxury community living that will enable tenants or owner occupiers to live and work in the Capital. With over 1,000 villas making up West Yas, we expect it to become a major destination in its own right, with a significant emphasis on creating quality of life for our residents."
West Yas features 1,017 four and five-bedroom luxury villas, with prices starting from AED 4 million. The development is a non-gated community with no service charges, and includes a range of community facilities including a mosque built for 2,000 worshippers, an international school, a retail centre, sports facilities, a petrol station, and extensive landscaping and greenery in the open public spaces. All of these facilities will be fully operational by the time of villa handover - a first for a development of this type. The villas are expected to be handed over to buyers at the end of 2017.
Residents of West Yas will 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.
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Media enquiries:
Aldar Properties
Alya Al Mutawa
+971 2 810 5555
Brunswick
Sheena Shah Joudi Issa
+971 2 234 4606 +971 4 375 6285
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.
© Press Release 2015
