Aldar generates AED1b in sales from Yas Acres' first phase

Aldar Properties PJSC, Abu Dhabi’s leading listed property development, investment and management company, has sold out the first phase of 267 units at Yas Acres, generating AED 1 billion in sales. As a result of this strong demand for villas on Yas Island, the second phase of units within Yas Acres will now be released for sale.

In a press release, the company said public sales for the 125 units that make up the second phase will commence on Saturday 18th June 2016 at Aldar’s new Yas Acres sales centre on Yas Island. The second phase includes 3 bedroom townhouses, 3 bedroom duplexes, 4 bedroom duplexes, 4 bedroom villas and 5&6 bedroom golf front villas. Prices start from AED 2.9 million.

Commenting, Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties PJSC, said, "With the launch of the second phase we are confident that Yas Acres will be the next successful chapter in the Yas Island story which to date includes residential launches for West Yas, Ansam and Mayan. A major focus for us is to deliver products that suit the current and future needs of the Emirate, and the feedback so far indicates that Yas Acres is a good fit for the market."

"The quality of the villas and townhouses and the design of the community will make Yas Acres one of Abu Dhabi’s most attractive places to live. It will benefit from proximity to great amenities both within the development and on the rest of Yas Island, a core component of Aldar’s destination development strategy," he added.

Source :WAM