Aldar posts over $217m sales in new Abu Dhabi waterfront project

Developer says second phase of Water's Edge on Yas Island has sold out
By Staff writer
Mon 20 Nov 2017 01:09 PM

Aldar Properties has announced that it has sold out the second phase of Water’s Edge, its waterfront development on Yas Island, bringing the total sales value of all units launched to more than AED800 million ($217.8 million).

The developer said customers turned out in force at the Aldar Sales Centre to buy their new homes following the sales launch of three apartment buildings within Water’s Edge on Saturday.

Talal Al Dhiyebi, CEO, Aldar Properties, said: “We are delighted to have sold out these two phases of Water’s Edge in such a short space of time. The exceptional response demonstrates customer confidence in Aldar’s developments and our ability to create communities in which people want to live.
"The continued demand for homes on Yas Island further solidifies the destination’s reputation as one of Abu Dhabi’s most desirable locations.”

Water’s Edge includes 13 apartment buildings which will be complemented by private courtyards with landscaped areas, pools, multipurpose courts and a mosque.

The location of Water’s Edge is adjacent to SeaWorld Abu Dhabi, which is set to open in 2022.

Yas Island is a destination for major government investment, with the upcoming AED12 billion South Yas development, incorporating the new twofour54 campus being developed by Aldar, which will bring 10,000 media and entertainment industry professionals to the island.

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