Aldar Launches a New Building Sale at Water’s Edge on Yas Island Following Solid Demand

Press release
Published September 20th, 2020 - 05:14 GMT
Aldar Launches a New Building Sale at Water’s Edge on Yas Island Following Solid Demand
Water's Edge
Highlights
Aldar Properties (‘Aldar’) has launched unit sales at an additional building within its Water’s Edge development on Yas Island following strong demand from previous two building launches in July and August 2020.

Aldar Properties (‘Aldar’) has launched unit sales at an additional building within its Water’s Edge development on Yas Island following strong demand from previous two building launches in July and August 2020.

Located on the east side of the iconic Yas Island, the 13 mid-rise residential buildings that make up Water’s Edge are almost two-thirds complete. Sales of the third Water’s Edge building will be launched on 17TH September 2020 following solid demand from the previous two building launches this Summer, with over 85% of their units being sold. The development, is scheduled for completion in June 2021, will offer properties ranging from modern studios to spacious three-bedroom apartments.

In August, the first building at Water’s Edge witnessed robust demand for the 1-, 2- and 3-bedroom properties, with 75% of the units selling within three weeks of the late-July launch. Similarly, Aldar continues to witness solid interest in the existing inventory across its development portfolio.

Rashed Al Omaira, Executive Director – Commercial at Aldar Properties, said: “Abu Dhabi’s real estate market is maintaining its position of strength, and our latest successes at Water’s Edge are a perfect example of this. The development combines the luxury of living on Yas Island with a more affordable price-point, resulting in a fantastic offering for our customers, which is being recognised by the market. We look forward to providing further updates on the success of Water’s Edge over the coming period.”

Customers that purchase an apartment at Water’s Edge can currently benefit from a 4% rebate on the purchase price, three years of service charges and maintenance fees for free, and a 10/90 payment plan option.

With its own canal and 800m promenade at the heart of Yas Island, Water’s Edge offers properties starting at AED 549,000, with beautiful views over the canal and unparalleled leisure and entertainment at their doorstep.

Background Information

Aldar Properties

Aldar Properties PJSC, is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.

From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate of Abu Dhabi.

You May Also Like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content