Yas Acres North Bay – new launch in Abu Dhabi
The largest listed developer in Abu Dhabi; Aldar Properties has surprised its customers once again with the launch of yet another sensational project in its best-selling community of Yas Acres on Yas Island. Called Yas Acres North Bay, the new launch offers a limited collection of 18 waterfront land plots, which are perfect for the construction of mixed-use and residential buildings (G+5 and G+8). The price for a plot averages at AED 18M (USD 4.9M), while Aldar Properties offers 3 options of payment plans: 40/60, 50/50, 60/40 with a discount of up to 2% depending on the chosen scheme.
For the utmost convenience of its occupants, Yas Acres North Bay will be home to a range of amenities, such as 2 major parks, a mosque, interactive outdoor spaces and much more. In addition, homeowners will be provided with privileged access to a public beach, where they can enjoy a wide variety of water activities.
Prospective real estate investors have the exclusive opportunity to construct a building in the last project in Yas Acres, and subsequently sell and/or rent out apartments and retail spaces. There is a constant undersupply of land plots for the construction of buildings in the UAE, therefore, Yas Acres North Bay is expected to sell out quickly. You will be able to benefit from a strong cash flow and also grow your portfolio in a much shorter time than buying a number of different apartments at once.
After the tremendous success of Yas Acres, Aldar Properties is set to launch another upscale mega-community, and this time it will be located in the prestigious area of Saadiyat Island. Spanning across 66.7 million sq. ft, the upcoming development will be home to about 2,700 residential units, most of which will be villas. With the capacity of accommodating 15,000 residents, the project will be constructed over a 4-year development period, with the start of construction scheduled for the second half of 2022.