Aldar launches 'Noya Viva' on Yas Island following sale of first phase villas and townhouses in record time

• 480 homes available with prices starting from AED 1.65 million

Abu Dhabi: Aldar Properties (‘Aldar’) has announced the launch of Noya Viva, the next phase of its highly successful Noya development on Yas Island. The community is open for buyers from all nationalities to purchase their homes on a freehold basis.

Noya Viva will bring a further 480 homes to the Noya development, with four-bedroom villas and two- and three-bedroom townhouses available. Prices at Noya Viva start from AED 1.65 million and each unit comes with its own dedicated outdoor space responding positively to the increased time people are spending at home. The efficient design of the properties will also give residents more space, while generous community gardens and a variety of recreational facilities will ensure the perfect environment to live, work and play.

The community focal point of Noya Viva is The Village, which will feature shops and cafes’, sports, fitness, and health and wellbeing facilities, a mosque and a library. It will also be home to a leading British curriculum school, operated by Aldar Academies, that will cater to the island’s growing population.

Commenting on the launch of Noya Viva, Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “The strong response we witnessed for the first phase of Noya is a clear testament to the strength and resilience of the Abu Dhabi real estate market and the continued appetite to live on Yas Island, one of the capital’s most desirable destinations.

“Every aspect of Noya Viva, from the layout of the homes to the design of the communal outdoor spaces, has been carefully planned in response to our customers changing requirements. Noya Viva offers customers the opportunity to own their own homes in a premium community that strikes the perfect balance of quality, location, and lifestyle.”

Customers interested in purchasing a home at Noya Viva can do so by contacting Aldar’s Sales Centre. Thorough precautionary measures in line with government regulations have been implemented across Aldar’s Sales Centre, providing peace of mind for customers wishing to visit in person.

Construction of Noya Viva is due to begin in Q4 2021, with handovers expected to commence in Q1 2024. Noya Viva is the latest addition to Aldar’s residential portfolio on Yas Island, which includes Noya, Yas Acres, Water’s Edge, Lea, Ansam and Mayan.

Yas Island is a leading leisure and entertainment destination home to the Yas Links Golf Course, Yas Mall, Ferrari World, CLYMB, Du Arena, Yas Beach, Yas Waterworld and Warner Bros World. The one-of-a-kind tourist destination and vibrant residential hub also comprises of numerous luxury villas, apartments, and hotels.

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For further information, please contact:
Media
Obaid Al Yammahi
Aldar Properties
+971 2 810 5555 

Joudi Issa
Brunswick
+971 2 234 4600
ALDAR@brunswickgroup.com

About Aldar

Aldar Properties PJSC is the leading real estate developer and manager in the UAE with a diversified and sustainable operating model centered around two core businesses: Aldar Development and Aldar Investment.

Aldar Development is a master developer of integrated, liveable, and thriving communities across Abu Dhabi’s most desirable destinations, including Yas Island, Saadiyat Island, Al Raha, and Reem Island. It is responsible for developing Aldar’s c. 65 million sqm land bank and includes three businesses: Aldar Projects, which manages Aldar's fee-based development management business, including AED 45 billion of government housing and infrastructure projects; Aldar Ventures, which incubates and nurtures new business opportunities and innovation areas; and Aldar Egypt, the platform focused on developing mixed-use communities in Egypt.

Aldar Investment houses Aldar’s core asset management business comprising an AED 16 billion portfolio of investment grade and income-generating real estate assets diversified across retail, residential and commercial segments. It also manages three core platforms: Aldar Education, Aldar Estates and Aldar Hospitality and Leisure. Aldar Education includes Aldar’s entire educational portfolio, including Aldar Academies, the leading education group in Abu Dhabi, with 20 schools, over 24,000 students and a growing network of 3,000 educators from over 100 nationalities, offering a wide range of curriculum and ancillary services such as a Teacher Training Academy.

Aldar Estates consolidates Aldar’s Retail Operations alongside existing Residential and Commercial real estate operations within Provis and will further include Community Management under one integrated property management platform. Aldar Hospitality and Leisure looks after Aldar’s portfolio of hotel and leisure assets, which are anchored around Yas Island and Saadiyat. It includes Aldar’s portfolio of 10 hotels, comprising over 2,900 hotel keys and managing operations across golf courses, beach clubs and marinas.

Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders.

Aldar is driven by a vision to be a leading real estate developer and manager in the region by playing a key role in the development of quality, comfortable, desirable destinations that people can live in, work at and visit.

For more information on Aldar please visit www.aldar.com 

© Press Release 2021