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2,000 NEW HOMES

Aldar ... to offer 2,000 new homes in Abu Dhabi.

Aldar unveils three big residential projects in Abu Dhabi

ABU DHABI, April 20, 2015

Aldar Properties, Abu Dhabi's leading listed property company, has launched three major new residential developments in prime areas of the emirate, including in investment zones where property can be purchased by non-UAE nationals.

The projects - West Yas, Mayan and Meera - mark the next phase of Aldar’s development plan that will enhance leading residential lifestyle communities and leisure destinations Yas Island and Shams Abu Dhabi, said a statement from Aldar.

West Yas will offer more than 1,000 premium villas on Yas Island for exclusive purchase by Emiratis.

The development is in a prime waterfront location overlooking the mangroves and offers easy access to the numerous leisure and entertainment amenities on the island, which include the F1 track at the Yas Marina Circuit, Ferrari World Abu Dhabi, Yas Water World, Yas Links Golf Course and the now firmly established Yas Mall with more than 400 retail outlets.

Residents of West Yas will benefit from high-quality amenities, including an infinity lap pool, children’s pool, an Aldar Academies school, Friday mosque, women's centre, health clinic, community retail and variety of open parks and public spaces.

Mayan is a contemporary-style, beachfront development located on Yas Island, which offers a mix of more than 700 residential units, including studios, one-, two-, three- and four-bedroom apartments, as well as townhouses, villas and penthouses with outstanding views of the Yas Links Golf Course, the mangroves and surrounding waterfront and the Abu Dhabi skyline.

The development is centrally located on Yas Island and offers easy access to the numerous leisure and entertainment amenities on the island.

Mayan will offer residents all of the amenities of community living, including swimming pools, private gym and changing areas, schools, a mosque, children's play areas, and an elevated landscaped podium deck providing a full golf course, sea and mangrove views, said the Aldar in its statement.

Meera at Shams Abu Dhabi is an attractively designed mid-income product located on popular Al Reem Island.

The development has direct access to a family park and is within short walking distance of the planned central park, the Shams Marina and the East Shams public beach amenities.

Shams Abu Dhabi is developing as a vibrant community with successful developments such as the Gate towers, Sun and Sky towers and the Arc, said the Abu Dhabi developer.

Meera offers more than 400 attractive and affordable family homes in an excellent location with outstanding amenities all within easy reach. It offers excellent connectivity to Abu Dhabi city centre and business districts, Abu Dhabi International Airport and connections to Dubai, it stated.

Commenting on the launch, CEO Mohammad Al Mubarak said: "Our three new developments, West Yas, Mayan and Meera, will enrich Yas Island and Shams Abu Dhabi with high quality homes to meet demand across all segments of the market."

"The next wave of our development plan is well under way and we are delighted to be able to offer a further 2,000 homes to the growing Abu Dhabi market," he stated.

"The year started well with the successful launch of Al Merief in March and groundbreaking at Ansam and Al Hadeel. This exciting pipeline of real estate developments is further testament to our ability to deliver on our strategy of monetising our land bank, growing our recurring revenues and delivering value for all of our shareholders," he added.

Talal Al Dhiyebi, the chief development officer, said: "Abu Dhabi continues to see strong demand for high quality residential product built with the infrastructure and amenities that have come to signify community living."

"We have launched these three new developments in line with providing our customers with the type of real estate products that they want.  Yas Island is one of the world’s leading entertainment and leisure destinations and the launch of West Yas and Mayan, as well as Ansam which we launched last year, will only add to its attractiveness and value," noted Dhiyebi.

"Meera will fill the gap in the market for a high quality, mid-market product and will add to the already thriving community of Shams Abu Dhabi on Al Reem Island," he added.-TradeArabia News Service




Tags: abu dhabi | Aldar | Residential project |

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