Island Project in Abu Dhabi Achieves Significant Sales

Aldar Properties announced that 80% of the units at "Yas Park Place," a new residential development on Yas Island, have been sold, generating over Dh800 million in sales. This success was fueled by promotional events across Abu Dhabi, Dubai, London, Hong Kong, and Shanghai. The project, featuring mid-rise buildings, has attracted a diverse range of investors, with residents and international buyers accounting for 54% of total sales.

The strong sales performance highlights the project's broad appeal, with new buyers representing 83% of the total client base. Key international investors came from Jordan, China, Taiwan, and the United Kingdom. UAE nationals made up the remaining 46% of buyers, demonstrating continued confidence in the Aldar brand. A significant portion of purchasers, 66%, were under the age of 45, underscoring Yas Island's attractiveness to a diverse group.

Jonathan Emery, CEO of Aldar Development, stated that the demand for "Yas Park Place" reflects sustained interest from both local and international investors. The project, which overlooks Yas Central Park, consists of six mid-rise buildings offering a mix of residential units within a fully integrated community. The development is designed to promote walkability and is surrounded by green spaces.

This achievement further solidifies Yas Island's position as a leading residential and investment destination in Abu Dhabi, supported by world-class entertainment, retail, hospitality, and education facilities. It also reflects the resilience of the emirate’s real estate market and the continued demand for communities that combine quality living with sustainable investment value.