Property transactions in Abu Dhabi amount to more than AED 22.5B (USD 6B) in the first half of 2022
One of the leading development companies in the emirate of Abu Dhabi; Aldar Properties, has launched a new exclusive residential project in the community of Yas Acres – North Bay. The waterfront complex is the last project in the Yas Acres community, which is strategically located on Yas Island. The popular Yas Links golf course can be easily reached by residents of Yas Acres – North Bay.
Investors will be able to purchase residential and mixed-use land plots in the neighbourhood and can build complexes with apartments that can be sold in the future. The number of land plots in Yas Acres – North Bay is limited, and constitutes just 18. Land areas in Yas Acres – North Bay constitute from 33,368 sq. ft to 42,000 sq. ft.
At the moment the residential project is currently under construction with the anticipated date of handover set to be in January 2025. The service charge in the Yas Acres – North Bay development constitutes AED 0.91 (USD 0.25) per sq. ft of GFA.
The master plan of the residential community of Yas Acres includes a mosque, two major parks and interactive outdoor spaces. There also will be exclusive access to the beach for future residents and owners of property.
The developer offers residents flexible payment plans: 40/60, 50/50 and 60/40. The title deed for each plot will be received upon 100% payment of the real estate.
Design of buildings in the project must be agreed with the Aldar Properties team beforehand, and owners will receive guidelines that they will follow to make the residential community look beautiful and in-keeping with the area.
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