#Aldar General News
April 11, 2016
Aldar Properties Launches Yas Acres - Largest Project For The Abu Dhabi Developer
Abu Dhabi - UAE, April 11, 2016: Aldar Properties, in response to strong demand for a villa development that is available for purchase by all nationalities, is delighted to announce the launch of Yas Acres.
This golf and waterfront development which will add 1315 villas to Yas Island, is one of the most significant new residential developments to be launched in Abu Dhabi by Aldar with a development value of over AED6 billion. Inspired by the concept of Yas Island Living, Yas Acres is located on the northern shores of the island. Residents will enjoy the golf course and club house, parks, schools and vibrant waterfront right on their doorstep.
Commenting on the launch of Yas Acres, Abubaker Seddiq Al Khoori, Chairman, Aldar Properties PJSC, 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 AED 6 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.
Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties PJSC, commented: 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, 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 member's country club sits at the heart of the development. This is accompanied by schools, mosques, community retail, a yacht club and marina. Prices for units within Yas Acres will start at AED2.9 million for three bedroom town houses.
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". Royal Oak comprises 4, 5 and 6 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.
Yas Acres, 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. 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.
Yas Island is a recognized 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. Al Mubarak concluded.
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.
Those interested in Yas Acres will have the opportunity to view the masterplan, development model in addition to a range of floorplans at Cityscape Abu Dhabi.
For more information on Yas Acres, please visitwww.aldar.com