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PLAN FOR 1,315 HOMES

Yas Acres ... one of the most significant new residential developments from Aldar.

Aldar launches $1.6bn villa project on Yas Island

ABU DHABI, April 11, 2016

UAE-based Aldar Properties has announced the launch of a golf and waterfront development which will be developed at a cost of Dh6 billion ($1.63 billion) at Yas Island. Yas Acres will be its largest project till date, says the developer.

One of the most significant new residential developments to be launched in Abu Dhabi by Aldar, Yas Acres will boast 1,315 villas which will be available for purchase by all nationalities.

Located on the northern shores of the island, the villa project will offer residents access to the golf course and club house, parks, schools and vibrant waterfront right on their doorstep.

On the project launch, Abubaker Seddiq Al Khoori, the chairman of Aldar Properties, said: "Abu Dhabi’s economic fundamentals remain solid, built upon a long-term vision for economic diversification. In order to play a key role in our emirate’s growth plans, this Dh6 billion ($1.63 billion) development is a clear example of Aldar committing to the delivery of only the highest quality homes to the market."

"Through this, we can improve the quality of life of our customers, while also contributing to the local economy," he added.

Aldar will be showcasing the Yas Acres at the Cityscape Abu Dhabi which opens tomorrow (April 12) in the UAE capital. Visitors to the three-day event will be able to view the project's masterplan and development model in addition to a range of floorplans.

CEO Mohamed Khalifa Al Mubarak said: "Yas Acres is compelling for investors looking to buy into the steady returns and future growth of the well-established Yas Island community. The new development is also exciting for those who want to buy a family home to live in and aspire to the luxury lifestyle amenities that define Yas Island living."

"From the park land and golf course to the beaches, new marina and exclusive yacht club, Yas Acres will set a new standard for villa living in Abu Dhabi. We have designed a complete, sustainable community and are confident buyers will be eager to gain access to these new quality homes," noted Al Mubarak.

Yas Acres, which upon completion will be home to 15,000 residents, is the embodiment of Yas Island living, which emphasises community and puts leisure at the heart of everyday life.

To achieve this, the full-length nine-hole golf course and members' country club sits at the heart of the development. This is accompanied by schools, mosques, community retail, a yacht club and marina.

According to Aldar, the prices for the units within Yas Acres start from Dh2.9 million ($789,309) for three-bedroom townhouses.

At the centre of Yas Acres, and running the full length of the development along either side of the golf course and onto the northern shores of Yas Island sits “Royal Oak”.

It comprises four-, five- and six-bedroom luxury villas with golf, park and sea views. Each home has been designed to the highest specifications and will be one of the largest in Yas Acres, it stated.

"In addition to being an excellent investment proposition, each home has been designed to meet the discerning standards of owner occupiers. We believe that Yas Acres represents everything that people, families in particular, will want from a home," remarked Al Mubarak.

"Whether it is the proximity to great amenities within Yas Acres or the rest of Yas Island, the quality of the homes, or the care that has gone into the design of the community, this is a new benchmark for Abu Dhabi," stated the top official.

"Yas Island is a recognised centre for entertainment and leisure, and combined with the growing number of villas and apartments, I am confident that it will be the most desirable address in the emirate," he added.

Villa clusters will include landscaped parks, running and cycling tracks, community pool areas along with playgrounds, sports facilities and barbecue areas. In addition, Yas Acres will also be home to five mosques, two schools, one retail centre and a full service Adnoc petrol station.-TradeArabia News Service




Tags: Aldar | Yas Island | waterfront | villa | golf |

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