Aldar’s Yas Island Development ‘Noya Viva’ Sells Out in less than 48 Hours

• Over AED 1 billion generated in sales at Noya Viva
• Buyers represent 33 countries with 61% of units purchased by UAE nationals
• 26% of sales at Noya Viva completed by female buyers
• 42% of buyers are under 40 years of age
• 63% of customers are buying their first Aldar property

Abu Dhabi, UAE – 12 April 2021: Aldar Properties (‘Aldar’) has announced that Noya Viva, the second phase of its highly successful Noya development on Yas Island, sold out within 48 hours. This follows on from the four-hour sell-out of the first phase of Noya in Q4 2020, demonstrating the continued demand for high quality, well located homes in Abu Dhabi.

Expanding upon the first phase of the Noya development, Noya Viva brings a further 480 homes to Aldar’s latest community on Yas Island, with 63% of buyers purchasing their first Aldar property. Located in an investment zone, Noya Viva is open to customers of all nationalities; buyers at the development represent 33 countries with 61% of units purchased by UAE nationals. Similar to the first phase of Noya, 26% of buyers at the Noya Viva community are women, while 42% of all customers are under 40 years of age.

Commenting on the strong sales performance of Noya Viva, Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “Abu Dhabi’s real estate market continues to go from strength to strength, as demonstrated by the significant appetite for Noya Viva. Central to this market-leading sales performance is Aldar’s commitment to addressing current market demand and launching customer-centric products. As one of Abu Dhabi’s most vibrant destinations, Yas Island continues to attract a diverse pool of buyers looking for quality properties, with world-class entertainment and lifestyle on their doorstep, and swift access to the city of Abu Dhabi.”

Prices at Noya Viva started from AED 1.65 million, with each unit coming with its own dedicated outdoor space, responding positively to the increased time people are spending at home. The efficient design of the properties will also give residents more space, while generous community gardens and a variety of recreational facilities will ensure the perfect environment to live, work and play.

The focal point within the Noya development masterplan is ‘The Village’, a community hub set to include shops and cafés, sports, fitness, and health and wellbeing facilities, a mosque and a library. It will also be home to a leading British curriculum school, operated by Aldar Academies, that will cater to the island’s growing population.

Construction of Noya Viva is due to begin in Q4 2021, with handovers expected to commence in Q1 2024. Noya Viva is the latest addition to Aldar’s residential portfolio on Yas Island, which includes Noya, Yas Acres, Water’s Edge, Lea, Ansam and Mayan. Yas Island is a leading leisure and entertainment destination home to the Yas Links Golf Course, Yas Mall, Ferrari World, CLYMB, Du Arena, Yas Beach, Yas Waterworld and Warner Bros World. The one-of-a-kind tourist destination and vibrant residential hub also comprises of numerous luxury villas, apartments, and hotels.