Townhouses to go on sale in Abu Dhabi’s Dh6bn development

Townhouses to go on sale in Abu Dhabi’s Dh6bn development
New Yas Acres homes to go on sale from October 4
By Wam Emirates 24/7 News
Published Sunday, September 25, 2016

Townhouses to go on sale in Abu Dhabi's Dh6bn development

Aldar Properties has announced public sales for the third phase of Yas Acres, Aldar’s Dh6 billion flagship golf and waterfront villa development on Yas Island, will commence on October 4 at the Aldar Sales Centre on Yas Island.

This phase, consisting of 260 homes will include, for the first time, two-bedroom townhouses alongside three-bedroom townhouses and three- and four-bedroom duplexes.

Prices for homes begin at Dh2.3 million with sizes ranging from 200 sqm to 324 sqm.

The homes released for sale are situated on the western side of Yas Acres, and enjoy close proximity to all of the amenities within the development.

Aldar is offering payment plans for purchasers, in particular its 30/70 plan, with 30 per cent of the purchase price payable during construction (5% down payment), and 70 per cent payable at handover.

Nearly 90 per cent of the homes released to the market in Yas Acres have been purchased, with new customers making up the vast majority of buyers, the developer has stated.

Construction is targeted to commence before the end of this year, with the first handovers to be made during Q4 2019.

Commenting, Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties PJSC, said: “The home owners and residents are central to the way in which Yas Acres has been planned, from the design of the villas and townhouses to the amenities and facilities.

“This has resulted in strong sales for the development, which we expect to continue with the launch of this third phase, bringing a new two bedroom townhouse offering to market.

“Our diverse buyer mix suggests that Yas Acres will become a unique and engaging community – and one of the most desirable addresses in Abu Dhabi.”

Yas Acres has two schools, a nine-hole golf course and member’s country club, mosques, a yacht club and marina are supported by a diverse mix of retail, outdoor dining areas, swimming pools, leisure facilities, recreation and parks.

In complying with the Emirate’s Real Estate Law, Yas Acres is registered with the Abu Dhabi Municipality and ESCROW accounts are being utilised for all purchases.

Posted on September 25, 2016 in Property, Real Estate

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