Strong Demand Spurs New Release of Water’s Edge Homes From Aldar Properties

Press release
Published December 10th, 2017 - 06:09 GMT

The new release will comprise studios to three-bedroom apartments, with prices starting from Dh500,000.
The new release will comprise studios to three-bedroom apartments, with prices starting from Dh500,000.

Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, today announced that due to strong demand it will release more apartments for sale in Water’s Edge, the Company’s waterfront development on Yas Island. Sales will commence on 12th December 2017 at the Aldar Sales Centre on Yas Island.

Demand has soared for the waterfront homes, with the units launched to date already sold out. The new release will comprise studios to three-bedroom apartments, with prices starting from AED 500,000 and ESCROW accounts with Union National Bank utilised for all purchases.

Commenting, Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties PJSC, said: “The appetite for waterfront homes on Yas Island continues to exceed expectations; when we release new units, they sell out in a matter of days. We are making every effort to cater to this  demand.”

Located on Yas Island’s Eastern shores, Water’s Edge offers the complete outdoor lifestyle with pedestrian access to all amenities including a waterfront promenade with multiple dining and retail options. It also features private courtyards with spacious landscaped areas, pools, multipurpose courts and a mosque. Water’s Edge residents will benefit from the abundant attractions that make Yas Island the most exciting destination in Abu Dhabi. The development lies adjacent to the upcoming Sea World theme park, and a five-minute walk from Yas Mall, Ferrari World and the Yas Marina Circuit.

Water’s Edge is scheduled to begin phased handovers between June and December 2020. Those interested in Water’s Edge will have the opportunity to view the masterplan, floorplans and more at the Sales Centre, which opens at 8am.

Background Information

Aldar Properties

Aldar Properties PJSC, is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.

From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate of Abu Dhabi.

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