Project launch ... a significant phase of the Yas Island story, says Al Mubarak.

Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, has announced the launch of West Yas, a new residential project to be built on the Yas Island.

West Yas is a key component of Aldar’s commitment to create quality, comfortable, and desirable destinations meeting customers’ demand, said a top official.

CEO Mohammad Al Mubarak said: “The project launch is a significant phase of the Yas Island story, bringing over 1,000 modern villas to this fabulous destination. West Yas also marks the next stage of Aldar’s residential development in Abu Dhabi’s most sought after areas. This project delivers on our strategy to launch new developments that can drive the completion of Yas Island.”

West Yas is located along Yas Island’s natural mangroves and features 1,017 four and five-bedroom luxury villas, with prices starting from Dh4 million ($1.08 million), said a statement from Aldar.

The development is a non-gated community with no service charges, and includes a range of community facilities including a mosque built for 2,000 worshippers, two schools, one of which will be operated by Aldar Academies, a retail centre, sports facilities, a petrol station, and extensive landscaping and greenery in the open public spaces.

Aldar has invited purchasers to attend the first phase sales event to be held at Yas Island’s Crowne Plaza hotel on September 12, said the statement.  

The event will showcase the unique selling points of West Yas including its setting within the Yas Island development, master planned community, and standalone villa design developed with UAE Nationals in mind, it stated.

In addition, purchasers will benefit from multiple payment plans, offering flexibility over down payment and instalment schedules, it added.  

Marketed exclusively to UAE Nationals, West Yas will become a major community for Emiratis from across the country, enabling them to live and work in the capital, said Al Mubarak.

The residents of West Yas will also enjoy proximity to Yas Mall and the multiple leisure facilities on the island including: Yas Waterworld; Yas Marina Circuit; Yas Marina; Yas Links; Ferrari World Abu Dhabi; and food and beverage outlets located in the numerous hotels on the island, he added.

The villas are expected to be handed over to buyers at the end of 2017.-TradeArabia News Service