Yas Island reinforces its position as a key component of Abu Dhabi’s Plan Capital 2030

Yas Island, a key component of the Abu Dhabi Urban Planning Council’s Plan Capital 2030, is growing to become one of the Emirate’s most established luxury residential destinations.

The Island is a central part of Aldar Properties’ destination development strategy, and already boasts a number of residential projects currently under development, namely; West Yas, Ansam and Mayan. Complemented by seven hotels, Yas Mall, proximity to theme parks, marina and F1 race track, a significant land bank remains which will enable Aldar to successfully develop well into the future.

Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties, said, "Many people from around the world travel to Yas Island for a family holiday in the sun. Drawn by the choice of modern hotels and leisure activities visitors marvel at how much there is to do on the island. Now an increasing number of people are permanently embracing the Yas Island experience by making it their home. We anticipate very strong demand for the homes in the new Yas Island neighbourhoods.

"As more and more of the Island’s amenities have come online, Yas Island has become a most sought after location for people seeking quality education, family friendly entertainment as well as vibrant dining, lifestyle, fitness as part of their everyday lives. What’s more as an investment zone the opportunity to own an interest in this booming community is open to all nationalities. The addition of new homes on the island will help satisfy the tremendous demand we are seeing from local and international buyers."

Mohamed Al Khadar, Executive Director, Urban Development and Estidama Sector, Abu Dhabi Urban Planning Council, UPC, added, "The UPC has been working closely with Aldar throughout the development of Yas Island, from the detailed approval of the Yas Marina Circuit and related projects back in 2008 through to many of the island’s upcoming residential and mixed-use projects that are currently proceeding through the UPC’s Urban Development and Estidama Approvals process. Our strong levels of collaboration with Aldar have resulted in the creation of a critical leisure and entertainment hub for Abu Dhabi – as envisioned in Plan Capital 2030 and now on the ground for residents and visitors to enjoy."

Source:WAM