Aldar Properties' latest project, Yas Living, sold out in days of launch, with over Dh1.3 billion worth of transactions and solidifying Yas Island as one of the UAE's best-selling residential destinations.
The complex has three residential towers with 678 apartments, ranging from studios to a three-bedroom apartment, all offering unobstructed canal views from the northeast boundary of Yas Island. The proximity to major attractions like Yas Mall, Warner Bros. World, Ferrari World, and Yas Marina Circuit was the reason for its success on day one.
"The rapid sell-out of Yas Living again demonstrates the island's position as among the UAE's most desirable addresses," said Jonathan Emery, CEO of Aldar Development. "Market uptake demonstrates Abu Dhabi's historic record as an investment hub of international caliber and the success of our plan for developing dynamic communities."
The buying profile outlines dominant market trends: 65 percent foreign investors or expatriates from China, the UAE, Jordan, India, and the UK. The fact that 65% of buyers were under 45 and 71% of buyers were original Aldar buyers is noteworthy and demonstrates the demand for young, professional, and family buyers.
All towers offer best amenities such as a cinema theatre, swimming pools and a world-class gymnasium. Aldar's dedication to sustainable development is recognized by the development's aim for Estidama 3 Pearl certification.
The company's new community-focused developments in Abu Dhabi continue to be in high demand, as evidenced by the success of its Manarat Living and Nouran Living schemes on Saadiyat Island, which sold out in a similar amount of time.
1 - 3 Beds
1 - 3 Beds
