ADRO unites with Nine Yards Real Estate Development

By Shilpa Annie Joseph, Official Reporter
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ADRO-Nine Yards Partnership
Officials during the signing ceremony.

Abu Dhabi-based Nine Yards has signed a strategic agreement with the Abu Dhabi Residents Office (ADRO), a part of the Abu Dhabi Economic Development (ADDED), to boost the real estate investment sector and support Nine Yards’ clients.

Nine Yards is a dynamic, innovative real estate development company, established in Abu Dhabi as a partnership between Ethmar International Holding and Al Nahda International Holding.

This agreement aligns with ADRO’s strategic goals that seek to facilitate the affairs of Abu Dhabi residents, by retaining and integrating into society and developing several smart services and benefits that enhance their lifestyle.

Hareb Al Mheiri_AD Ports_ADRO sign Mou
Hareb Mubarak Al Mheiri
Executive Director

“We are excited to join efforts with Nine Yards Real Estate Development, reflecting Abu Dhabi’s efforts towards economic diversification while forming a model community. These efforts aim to enhance the emirate’s high quality of life and attract and retain top talent, investors, and their families in Abu Dhabi. The agreement offers a diverse package of services and programs that aim to create exceptional and unmatched investment opportunities fostering the emirate’s position as a preferred destination to live and grow.”

Mr. Ahmed Selet, Nine Yards CEO, said that, “This step comes in response to the vision of the UAE’s wise leadership which aims to attract investment and develop a distinguished and unique work environment for investors and entrepreneurs. By nominating eligible investors for the Abu Dhabi Golden Visa, we contribute to our clients’ stability and convenience, which would ultimately provide further support for the capital’s diversified and sustainable economy.”

This partnership will also affirm our efforts to attract top talent, investors, and their families from across the world to the emirate, which is one of the world’s most preferable cities to live and grow. It further enhances Abu Dhabi’s attractive position as an investment hub, particularly in the real-estate sector which is a vital economic element that influences investors’ trends and plans in the mid and long term.

The agreement allows investors to apply for the Abu Dhabi Golden Visa when they buy a property for more than $5,44,526 (AED 2 million) in the Sea La Vie project on Yas Island; a provision that aligns with ADRO’s vision of encouraging investment in the capital. It is part of the package of advantages that Nine Yards provides to its clients and investors, promoting economic development in Abu Dhabi.

Located on the waterfront of Yas Bay on Abu Dhabi’s prestigious Yas Island, the Sea La Vie project has a unique location near the capital, with elegant design and luxurious facilities. It consists of four towers housing 668 residential units, comprising a range of luxury apartments from 1 to 4 bedrooms, lofts, townhouses, duplexes, and penthouses.

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