Aldar generates $272m in sales for Yas Acres
As a result of this strong demand for villas on Yas Island, the second phase of units within Yas Acres will now be released for sale
Abu Dhabi-based developer Aldar Properties announced that it has sold out the first phase of 267 units at Yas Acres, generating $272m (AED1bn) in sales.
As a result of this strong demand for villas on Yas Island, the second phase of units within Yas Acres will now be released for sale.
Public sales for the 125 units that make up the second phase will commence on 18 June 2016 at Aldar’s new Yas Acres sales centre on Yas Island.
The second phase includes three-bedroom townhouses, three-bedroom duplexes, four-bedroom duplexes, four-bedroom villas, and five- and six-bedroom golf front villas.
Prices for the villas start from $789,556 (AED2.9m).
Commenting, HE Mohamed Khalifa Al Mubarak, chief executive officer, Aldar Properties PJSC, said: “We are extremely pleased by the response that the first phase of Yas Acres has generated. With the launch of the second phase we are confident that Yas Acres will be the next successful chapter in the Yas Island story which to date includes residential launches for West Yas, Ansam and Mayan. A major focus for us is to deliver products that suit the current and future needs of the Emirate, and the feedback so far indicates that Yas Acres is a good fit for the market.
"We believe that Yas Acres represents everything that people, and families in particular, will want from a home. The quality of the villas and townhouses and the design of the community will make Yas Acres one of Abu Dhabi’s most attractive places to live. It will benefit from proximity to great amenities both within the development and on the rest of Yas Island, a core component of Aldar’s destination development strategy.”