Aldar Properties, a leading property development and management company, has announced the launch of public sales for the second and final phase of Water’s Edge, the Company’s waterfront development on Yas Island in Abu Dhabi.

All homes in this second phase are on the waterfront, and feature balconies with the majority having views over the water, said a statement from Aldar.

The Emirati developer said the sales will begin at 9am on November 18 at the Aldar Sales Centre on Yas Island.

Comprising studios to three-bedrooms, prices begin at Dh480,000 ($130,655) onwards and Escrow accounts with Union National Bank can also be utilised for all purchases, it stated.

Located on Yas Island’s Eastern shores, home owners will enjoy private pools, gyms, waterfront walkways, restaurants, cafes and a range of retail options, it added.

On the sales offer, CEO Talal Al Dhiyebi said: "Selling out the first phase of Water’s Edge in a matter of days clearly shows the demand for waterfront homes on Yas Island."

"We look forward to bringing the second phase of homes to market so that more customers can benefit from the opportunity to own a part of this unique community," he added.

Aldar said the development lies adjacent to the upcoming Sea World theme park, and is a five-minute walk from Yas Mall, Ferrari World and the Yas Marina Circuit.

In addition to a wide array of exercise and recreation facilities, retail, restaurants and cafes, Water’s Edge residents will benefit from the abundant attractions that make Yas Island the most exciting destination in Abu Dhabi, said the developer.

Water’s Edge is scheduled to begin phased handovers between June and December 2020, it added.-TradeArabia News Service