Alkaser by Aldar Properties

About Alkaser

Alkaser will be a new location on the map of the vibrant Yas Island, and a great investment opportunity offered by Abu Dhabi's leading developer, Aldar Properties. The project covers a prime land plot with more than 406K sq. ft. of development area, located at the northern entrance of the island. The complex will be framed by a picturesque canal with an 800 m long promenade on one side, and the extensive green space of Yas Gateway Park North on the other.

There are 10 plots available for purchase, ranging in size from 38,100 sq. ft to 43,400 sq. ft. Interested investors can choose plots for construction for 6 to10 storey apartment buildings and multi-purpose complexes, either facing the canal or the park. The territory of the community will have landscaped gardens, children's playgrounds, commercial spaces and a mosque. Future residents will find Alkaser to be the perfect place to live, as it will сombine a harmonious and tranquil environment with its advanced infrastructure. The project provides quick access to endless entertainment options that Yas Island is well-known for.

The Alkaser complex will be located in a prestigious area of Abu Dhabi which is popular among tourists and locals for its numerous theme parks and a variety of attractions. For future residents, all the benefits of living on Yas Island will be right at their fingertips, including:

• Yas Acres Golf & Country Club — 3 minutes by car
• SeaWorld Abu Dhabi — 5 minutes drive
• Yas Waterworld Abu Dhabi, Warner Bros. World Abu Dhabi и Ferrari World Abu Dhabi — 10 minutes by car
• Yas Mall — 8 minutes by car
  

When you get tired of the bustling atmosphere, you can spend a relaxing day on Yas Beach, or stroll among the luxury yachts at Yas Marina and dine at one of the seafront restaurants.

Small supermarkets can be found within the complex, whilst those who want to do some major shopping can head to Yas Mall, Carrefour Market and IKEA.

The nearest Yas Marina Circuit Medical Center is within a 10-minute drive, and Etihad Airways Medical Center and Al Bahia Healthcare can both be reached within 15 minutes.

Educational institutions located within a 10-minute drive include Yellow Submarine Nursery — West Yas, Blossom Nursery — Yas Water's Edge, Yas School, West Yas Academy and SABIS International School — Yas Island. Meanwhile, NOYA School, which will be built in the near future, is a 20-minute walk away.

The leisure opportunities for residents of the island are countless, and the convenient connection to Sheikh Khalifa Bin Zayed Street provides even more entertainment options. The highway means it is just a 15-minute drive to Abu Dhabi International Airport and it takes 20 minutes to reach the Cultural District on Saadiyat Island.

Public transportation is also well developed in the area as the nearest bus stop, Al Maha St / Gateway Park North, is right in front of the development.

Economic Appeal

The advantageous location, excellent amenities and convenient connections to the infrastructure of Yas Island make the Alkaser project an outstanding investment opportunity. This ideal destination can provide its residents with both a relaxing and active lifestyle. The project offers one of the last waterfront residential investment choices on the island.

The real estate is located in a very popular area which attracts a huge number of tourists every year, and can generate income from either short-term or long-term rentals. The average rental price for a one-bedroom apartment on Yas Island is AED 60K (USD 16K) per year, which will ensure an average gross yield of 6.7%.