Aldar to launch Yas Acres Phase Three units sale
ABU DHABI, September 24, 2016
Aldar Properties (Aldar), a leading developer based in Abu Dhabi, UAE, said the sales of housing units in the third phase of Yas Acres, a Dh6-billion ($1.63 billion) flagship golf and waterfront villa development on Yas Island in Abu Dhabi, will kick off on 4th October at the Aldar Sales Centre on Yas Island.
Phase Three, consisting of 260 homes will include, for the first time, two-bedroom townhouses alongside three-bedroom units besides three- and four-bedroom duplexes.
Prices for the homes, which are open to all nationalities, begin at Dh2.3 million ($626,021) onwards with sizes ranging from 200 sq m to 324 sq m.
The homes released for sale are situated on the western side of Yas Acres, and enjoy close proximity to all of the amenities within the development.
The Abu Dhabi developer is also offering attractive payment plans for purchasers, in particular its 30/70 plan, with 30 per cent of the purchase price payable during construction (five per cent down payment), and 70 per cent payable at handover.
Since its launch at Cityscape in April this year, Yas Acres has proven that there is strong demand from buyers for high quality villas and townhouses in one of Abu Dhabi’s most exciting and desirable locations – Yas Island.
This positive response resulted in the second phase being launched in June and to date, 90 per cent of the homes released to the market in Yas Acres have been purchased, with new customers making up the vast majority of buyers.
Construction on the second phase is like to start by the end of this year, with the first handovers likely during the fourth quarter of 2019.
On the new launch, Aldar CEO Mohamed Khalifa Al Mubarak said: "The home owners and residents are central to the way in which Yas Acres has been planned, from the design of the villas and townhouses to the amenities and facilities. This has resulted in strong sales for the development, which we expect to continue with the launch of this third phase, bringing a new two-bedroom townhouse offering to market."
"Our diverse buyer mix suggests that Yas Acres will become a unique and engaging community - and one of the most desirable addresses in Abu Dhabi," he stated.
According to him, Yas Acres puts the community at its heart and is designed to provide an enriching and nurturing lifestyle with some of the region’s most attractive landscapes, amenities and facilities.
"Two schools, a nine-hole golf course and members country club, mosques, a yacht club and marina are supported by a diverse mix of retail, outdoor dining areas, swimming pools, leisure facilities, recreation and parks," he added.-TradeArabia News Service