Aldar launches “The Magnolia” project at Yas Acres

Aldar launches “The Magnolia” project at Yas Acres
Aldar launches “The Magnolia” project at Yas Acres
Abu Dhabi: «The Gulf»

Aldar Properties PJSC (Aldar) has announced the launch of Yas Acres The Magnolia, the third phase of its flagship development on Yas Island, which includes 312 new and spacious villas and townhouses in the gated community of Yas Acres.

The new residential units will be offered for sale to all nationalities, starting from September 4th.

With the construction of units completed in the previous phases of Yas Acres, namely Redwoods, Aspen and Cedars, Aldar Properties launched the new units in Magnolia. Buyers will benefit from the facilities on Yas Island and Yas Acres, in addition to the stunning views that owners of the front villas overlooking the golf course will enjoy. With the completion of the Magnolia phase of construction, residents will have access to a school, mosques, retail outlets, restaurants, spacious green spaces and communal swimming pools, as well as global entertainment, leisure and shopping destinations close to Yas Island.

Yas Acres has become one of the most popular and attractive development communities in Abu Dhabi; The current occupancy rates for existing units are 95%.

Amendments were made to the general design of the units of the “Magnolia” project to give its residents a more balanced lifestyle, ensuring the use of spaces in proportion to the customers’ current desire to obtain additional space for living, working and relaxing. Some of the new features include large bedrooms, pantry, study rooms, laundry rooms and storage areas.

The units in the “Magnolia” project are distinguished by their competitive prices, and customers can choose from residential units ranging from two-, three- and four-bedroom townhouses, three and four-bedroom duplexes, and four, five and six-bedroom villas, and most of these units have views of the stadium. golf.

Rashid Al Amira, Chief Commercial Officer at Aldar Development, said: “Following the huge success of our recent projects on Yas Island, we expect to see high demand for these units, especially from younger buyers who are climbing the investment ladder or looking to start a family. In one of the most desirable locations in Abu Dhabi. The project is expected to attract more than 10,000 employees and their families to the island after the upcoming opening of the Creative District – Yas in the south of Yas Island; Yas Acres provides an ideal community for employees who will live with their families near their workplace.”

All units of the Magnolia project have been designed according to the highest and most recent standards of sustainability in the United Arab Emirates. Each unit will have solar water heating systems, high reflective solar materials to reduce heat absorption, efficient fixtures that reduce water consumption by more than 20%, and LED lighting fixtures that reduce energy consumption. In addition, customers will be able to monitor their electricity and water consumption using smart meters.

Construction of the Magnolia project is scheduled to begin in the last quarter of 2021, with units to be delivered in the third quarter of 2024. This addition to the Yas Acres development follows the successful sales of the units of the Noya Viva and Noya Loma projects. » on Yas Island, which reflects the large and growing demand for Aldar projects on Yas Island.

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