UAE's Aldar launches new waterfront project on Yas Island

Aldar Properties announces waterfront development, Lea, located on the northern shores of Yas Island
UAE's Aldar launches new waterfront project on Yas Island
Featuring 238 residential plots adjacent to Aldar’s flagship Yas Acres project, Lea boasts parks, promenades, and waterside walkways.
By Sam Bridge
Wed 10 Apr 2019 02:19 PM

Aldar Properties on Wednesday announced the launch of its latest waterfront development, Lea, located on the northern shores of Yas Island.

Offering land plots starting at AED990,000, and available for purchase by all nationalities, sales will commence at Cityscape Abu Dhabi next week, the developer said in a statement.

Featuring 238 residential plots adjacent to Aldar’s flagship Yas Acres project, Lea boasts parks, promenades, and waterside walkways. Residents will also benefit from all of the amenities within Yas Acres – parks, swimming pools, play areas, bbq and picnic areas, schools, mosques and the Yas Acres full length nine hole golf course.

The launch of Aldar’s latest land plot development follows on from Alreeman which launched in January and sold out, generating sales of AED1.6 billion, Aldar added.

Talal Al Dhiyebi, CEO, Aldar Properties, said: “Lea represents a fantastic opportunity for any purchaser to buy land and build their dream home on Yas Island. We know that there is pent up demand for this type of product, and the runaway success of Alreeman – generating AED1.6 billion in sales – supports that.

"We look forward to launching sales for Lea at Cityscape when the spotlight can really shine on what makes Abu Dhabi such an attractive place for investment.”

Yas Island is a core pillar of Aldar’s destination development strategy and features the completed residential communities Ansam and West Yas as well as the under-construction Mayan, Yas Acres and Water’s Edge.

Yas Island is also the setting for the Abu Dhabi Formula 1 championship, and other attractions such as Yas Mall, Ferrari World, Yas Waterworld and Warner Bros World, multiple hotels and the Yas Links golf course.

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