#Aldar General News
September 04, 2016
Demand Soars For Aldar’s Yas Acres Among Home Buyers
Abu Dhabi - UAE, September 4, 2016: Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading listed property development, investment and management company, today announced that it has sold 90% of the villas and town houses launched to date in the first two precincts within Yas Acres, Aldar's flagship golf and waterfront villa development on Yas Island.
Of particular note, almost 80% of sales are from new customers to Aldar – many of whom are planning to be owner occupiers, attracted to the unique Yas Island living concept. Yas Acres has generated significant interest from a diverse purchaser base drawn from across the GCC, wider MENA region as well as international markets further afield.
Commenting, H.E. Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties PJSC, said:
"We are extremely pleased with the sales success of Yas Acres but also with the number of new customers we have drawn in from different countries. As we prepare to launch the next precinct in the coming weeks it is encouraging to see the significant interest shown by owner-occupiers, underlining the appeal of Yas Island living."
"Yas Acres offers all the key elements that make a house a family home. The distinct community and exceptional design quality of the villas and townhouses make it one of the most sought-after addresses in Abu Dhabi, not to mention the convenient access to an array of amenities both within the development and on Yas Island – Abu Dhabi's most exciting destination."
Yas Acres is the embodiment of Yas Island living, which emphasises community and puts leisure at the heart of everyday life. In line with this, a full-length nine-hole golf course and member's country club sits at the heart of the development, which also boasts schools, mosques, community retail, a yacht club and marina. Moreover, villa clusters will include landscaped parks, running and cycling tracks, community pool areas along with playgrounds, sports facilities and BBQ areas.
Yas Acres' most prized real estate "Royal Oak" runs the full length of the development, along either side of the golf course, and onto the northern shores of Yas Island. The homes on offer range from four to six-bedroom luxury villas with golf, park and waterfront views, all of which have been designed to the highest specifications.
Yas Island is a recognised destination for entertainment and leisure, and residents will benefit from being minutes away its from world-class attractions and events, including the Ferrari World theme park, year-round performances by award-winning international artists, and the Formula 1 Grand Prix. The development also offers close proximity to endless leisure offerings, including seven hotels, Yas Mall, Yas Waterworld, du arena, marina beach, Yas Links Golf Club, and more than 100 café and restaurant options.
In complying with the Emirate's Real Estate Law, Yas Acres is registered with the Abu Dhabi Municipality and ESCROW accounts are being operated for all purchases.