Alkaser is a newly launched residential project with a strategic location on Yas Island, which is well-known for its numerous entertainment attractions. The development company of the complex is Aldar Properties, and the construction of the community is scheduled to begin in the third quarter of 2023. The estimated date of handover for this project is expected to be in April 2026.
The exclusive complex offers a collection of just 10 residential & mixed use land plots. Six of the plots will offer amazing canal views and four plots provide breathtaking park views. Sizes of land plots vary from 38,126 sq. ft to 43,368 sq. ft.
The master plan of the new Alkaser neighbourhood will include a 56,188 sq. ft mosque, as well as numerous open spaces and lush parks. The residential buildings in Alkaser will meet the two pearl rating in accordance with the Estidama Pearl Rating system. The community itself will meet the three pearl rating.
The land plot in the development of Alkaser can be purchased for the minimum cost of AED 20M (USD 5.4M).
*The price is valid for 2023
The project of Alkaser has a strategic location at the north entrance of Yas Island, which is the main entertainment hub of Abu Dhabi. The vibrant waterfront community is positioned between the canal and Gateway Park, and a stunning promenade links Alkaser to the other waterfront developments on the island. Neighbouring districts of the project include Al Raha Beach and Zeraa Island. The central part of the emirate of Abu Dhabi can be reached within a 30-minute drive.
The complex will be distinguished by its great transport connections due to the close proximity of the vibrant Sheikh Khalifa Bin Zayed Street. Travel time to Abu Dhabi International Airport is approximately a 20-minute drive.
Residents of the future apartment buildings in Alkaser will benefit from fast access to various entertainment attractions on Yas Island. Popular landmarks on the iconic island, such as Abu Dhabi’s biggest mall; Yas Mall, as well as the world’s fastest roller coaster; Ferrari World, can be reached in about a 10-15 minute drive from the development. Other attractions nearby include Yas Waterworld, Yas Marina Abu Dhabi and Warner Bros World Abu Dhabi.
The closest educational institutions to the development of Alkaser include Blossom Nursery – Yas Water’s Edge, Yellow Submarine Nursery – West Yas, SABIS International School – Yas Island and West Yas Academy – Aldar Academies. The above-mentioned facilities are all within a 5-10 minute drive from the complex by Aldar Properties.
The acquisition of a generously sized land plot in the complex of Alkaser is an exclusive opportunity to invest in Yas Waterfront. There is a very limited amount of vacant sites available for purchase in the area, therefore property costs will only increase in the future. Investors will be able to resell their plots at a higher price after the project’s completion.
The development of Alkaser is positioned at the gateway to Yas Island, within minutes from a dazzling array of entertainment, dining and lifestyle attractions. These factors will make the residential project an attractive place for all different categories of residents, including tourists, young couples and families with children.
The development company of Aldar Properties offers investors a convenient 50/50 payment plan. By buying a land plot in Alkaser, investors will be able to apply for a 10-year UAE Golden Visa, which allows for a family sponsorship. The minimum investment amount for acquiring this long-term residence visa constitutes AED 2M (USD 545K).
*The price is valid for 2023
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