UAE’s biggest developer by market value, Aldar Properties launched Noya, a master-planned residential community on iconic Yas Island, as it continues to expand and modify its portfolio in the emirate.
The $256 million (Dh940 million) project is situated in an investment zone, with all properties available for purchase on a freehold basis.
Noya, located close to the Yas Acres flagship of Aldar, offers residents the chance to combine the luxury of living on Yas Island, the capital’s premier destination for leisure and entertainment along with the easy access to the heart of Abu Dhabi.
The project features 510 residences with price ranging from $40,000 (Dh1.49 million), including 4-bedroom villas and 2-and 3-bedroom townhouses.
Each unit will have an outdoor space that owners can call as their own. The community also provides an attractive range of facilities, including community gardens, recreation centers, a community pool with parts for adults and children, splash pad, gym and multi-purpose space, as well as access to schools on the island, golf courses, shopping and entertainment destinations and relaxation and leisure park services.
Construction of Noya is expected to start in the second quarter of 2021, with handovers to begin in the second quarter of 2023.
Noya is Aldar’s new residential community on Yas Island, which is home to Water’s Edge, demonstrating the continued appeal for residences in this prime destination of Abu Dhabi.
“Noya will welcome its prospective residents with a unique balance of modern, efficient design, abundant outdoor spaces and connectivity to central Abu Dhabi. As Abu Dhabi’s leading real estate developer, Aldar is committed to continuously delivering property that meets the demands of the market sustainably. The launch of Noya is testament to the strong fundamentals and resilience of the capital’s real estate market and the trust customers have placed in Aldar.”
Rashed Al Omaira, Executive Director, Commercial sector at Aldar Properties said, “We are proud to be launching Noya, which reflects the healthy demand for residential communities in Abu Dhabi. Yas Island is one of Abu Dhabi’s most exciting and sought-after destinations, and we are confident that with developments such as Noya, it will continue to attract residents, tourists and investors. We look forward to seeing this community come to life and welcoming new homeowners to the island.”
Yas Island is a leading recreational and entertainment destination, home to the Yas Links Golf Course, Yas Mall, Ferrari World, CLYMB, Du Arena, Yas Beach, Yas Waterworld and Warner Bros World. There are also numerous luxury villas, apartments and hotels in this exclusive tourist destination and lively residential hub.
The island is expected to welcome the new two-four-54 campus of the Abu Dhabi Media District, which will open job opportunities for nearly 1000 people. The main community developments on Yas Island are Ansam, Mayan, West Yas and Yas Acres, which provides unparalleled living standards in beautiful surroundings.