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Homes in Magnolias will be competitively priced. Customers can choose from two-, three-, and four-bedroom townhouses, three- and four-bedroom duplexes, and four-, five- and six-bedroom villas, many of which are golf course facing.
Rashed Al-Omaira, chief commercial officer at Aldar Development, said: “Following the success of our recent launches on Yas Island, we expect to see high demand for these homes, particularly from younger buyers looking for either an investment foothold or to lay down family roots in one of Abu Dhabi’s most desirable locations. Furthermore, the upcoming handover of twofour54’s Yas Creative Hub in Yas South is set to bring a working population of over 10,000 to the island, and Yas Acres provides an ideal community for employees who will relocate their families closer to their workplace.”
The homes at Magnolias have also been designed to exceed or meet the latest sustainability standards set in the UAE. Each unit will feature solar-powered water heating systems, high solar reflectance materials to reduce heat absorption, efficient fixtures that reduce water consumption by more than 20 percent, and LED light fixtures that reduce energy consumption. Additionally, customers will be able to monitor their electricity and water consumption using smart meters.
Construction of Magnolias is due to begin in Q4 2021, with handovers expected to commence in Q3 2024.
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