ALDAR SELLS OUT ‘YAS PARK GATE’ AND LAUNCHES EXCLUSIVE STANDALONE VILLAS AT ‘YAS PARK VIEWS’
- Over AED 1.1 billion in sales recorded at Yas Park Gate
- 341 Yas Park Views homes are available to purchase for all nationalities from 23 November
- Final community of its type in North Yas to offer standalone villas in one of Abu Dhabi’s most sought-after destinations
Abu Dhabi, UAE – 21 November 2022: Aldar Properties (‘Aldar’) has announced the successful sell-out of its recently launched Yas Park Gate community on Yas Island, achieving AED 1.1 billion in sales.
Almost 10% of sales came from non-resident buyers, demonstrating Abu Dhabi’s appeal to international customers. Expatriate residents of the UAE accounted for 5%, with Emirati customers purchasing the remaining 85%. Aldar’s strategy to expand its customer base has seen resounding success, with 95% of buyers of Yas Park Gate properties purchasing their first Aldar home. Additionally, 49% of buyers were under the age of 40, and the number of female customers reached 35%.
With customer demand continuing to grow at pace, Aldar has simultaneously launched the adjacent Yas Park Views community, comprising 341 standalone villas on the doorstep of Yas Park Gate. Yas Park Views is the final North Yas community of its type to offer single-family homes, creating an exclusive community that will be available for purchase by all nationalities from 23 November.
Yas Park Views’ compelling proposition offers buyers competitively priced single-family villas, with three-bedroom villas starting from AED 2.84 million, four-bedroom villas starting from AED 3.43 million, and five-bedroom layouts starting from AED 4.1 million. Inspired by growing customer demand for standalone villas in amenity-driven communities on Yas Island, homes in the gated development benefit from increased private outdoor space, an elegant Mediterranean architecture style, and a broad range of leading amenities on their doorsteps.
Commenting on the launch, Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “The strong response to Yas Park Gate from both resident buyers and local and international investors is a testament to the continued appetite to live and invest in Yas Island’s communities. Yas Park Views offers customers a final opportunity to own a single-family home in one of the capital’s most desired locations. Each aspect of Yas Park Views has been carefully planned in response to our customers’ changing needs, so we expect to see significant demand for this exclusive community.”
The development boasts easy access to the 115,000 sqm Yas Park, over half the size of Yas Mall, which will set the benchmark for landscape design in the entire North Yas master development. Yas Park will define a new standard for parks in the UAE, bringing together an array of amenities for the first time in one space – it will be connected by a promenade that enables access to each feature as well as a walking and jogging track around the perimeter.
Once Yas Park Views is completed, residents will enjoy numerous themed parks embedded within the development, a community mall, community clubhouses and gyms, multipurpose rooms, swimming pools, and an abundance of outdoor areas. Residents will also enjoy access to the Noya Community Hub, which will be home to a leading British curriculum school, operated by Aldar Academies, that will cater to the island’s growing communities.
Construction of Yas Park Views is due to begin in Q2 2023, with handovers expected to commence in Q2 2026. Customers interested in purchasing units at Yas Park Gate can visit the Aldar’s Sales Centre at Aldar Square or contact the Aldar Sales Centre by phone on 800-ALDAR/800-25327 or via email on customermanagement@aldar.com.
