Aldar Properties has announced the complete sell-out of its luxury canal-front community, Yas Riva, within 24 hours of launch. The development, located on Yas Island, generated over AED 1.4 billion in sales.
The rapid sell-out of Yas Riva, with prices starting from AED 8.3 million reflects growing investor demand for luxury living.
The sales data reveals a diverse mix of buyers. UAE nationals accounted for 52 percent of sales, while expatriate residents and overseas buyers made up the remaining 48 percent.
Among international buyers, Indian, Pakistani, and British nationals were the top three by sales volume.
60 percent of all buyers are under the age of 45, indicating the appeal of Yas Riva’s lifestyle to younger buyers. Furthermore, 38 percent of sales were to first-time Aldar property buyers.
Located close to Yas Island’s main attractions, Yas Riva aims to facilitate relaxing experiences in a waterfront setting with views over the canal and access to landscaped parks and gardens.
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