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19 April 2024

Aldar Properties launches Dh6bn Yas Acres project

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By Staff

Abu Dhabi-based Aldar Properties has launched Dh6 billion Yas Acres, a golf and waterfront development, that will add 1,315 villas to Yas Island.

The project is located on the northern shores of the island. Residents will enjoy the golf course and club house, parks, schools and waterfront.

“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 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,” said Abubaker Seddiq Al Khoori, Chairman, Aldar.

Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties, 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."

Yas Acres on completion will be home to 15,000 residents. Prices for units will start at Dh2.9 million for three-bedroom town houses and can be bought by all nationalities.

At the centre of the project, and running the full length of the development along either side of the golf course and onto the northern shores of Yas Island will be “Royal Oak”, a 4, 5 and 6 bedroom luxury villas.

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