YAS ISLAND REINFORCES ITS POSITION AS A KEY COMPONENT OF ABU DHABI’S PLAN CAPITAL 2030

Local🕔 4 April 2016

Entertainment and leisure destination now a growing residential hub for the Emirate

04 APRIL 2016, ABU DHABI, UAE - While many observers have focused on high profile developments being planned elsewhere in Abu Dhabi, Yas Island is steadily evolving from being a pure entertainment and leisure destination into a destination for living as well as tourism. A key component of the Abu Dhabi Urban Planning Council’s Plan Capital 2030, Yas Island is growing to become one of the Emirate’s most established luxury residential destinations offering those lucky enough to call the island home an impressive and growing array of lifestyle amenities.

Yas Island is a central part of Aldar Properties’ destination development strategy, and already boasts a number of residential projects currently under development, namely; West Yas, Ansam and Mayan. Complemented by seven hotels, Yas Mall, proximity to theme parks, marina and F1 race track, a significant land bank remains which will enable Aldar to successfully develop well into the future.

Mohamed Khalifa Al Mubarak, Chief Executive Officer, Aldar Properties PJSC said:

“Many people from around the world travel to Yas Island for a family holiday in the sun. Drawn by the choice of modern hotels and leisure activities visitors marvel at how much there is to do on the island. Now an increasing number of people are permanently embracing the Yas Island experience by making it their home. We anticipate very strong demand for the homes in the new Yas Island neighbourhoods.

“As more and more of the Island’s amenities have come online, Yas Island has become a most sought after location for people seeking quality education, family friendly entertainment as well as vibrant dining, lifestyle, fitness as part of their everyday lives. What’s more as an investment zone the opportunity to own an interest in this booming community is open to all nationalities. The addition of new homes on the island will help satisfy the tremendous demand we are seeing from local and international buyers.”

Cooled by sea breezes blowing in across the tranquil blue waters of the Arabian Gulf, the residences on Yas Island, when completed, will offer serene sanctuary from the bustle of Abu Dhabi’s urban environments. While enjoying dramatic views of the Capital’s central business district skyline, residents will enjoy a privileged resort lifestyle that includes relaxation on manicured beaches, access to exciting watersports via Yas Marina, rounds of golf on the world-class Yas Links course and family days out at Yas Waterworld and Ferrari World amusement parks all without leaving their own neighborhoods.

Mohamed Al Khadar, Executive Director, Urban Development & Estidama Sector, Abu Dhabi Urban Planning Council (UPC) added:

“The UPC has been working closely with Aldar throughout the development of Yas Island, from the detailed approval of the Yas Marina Circuit and related projects back in 2008 through to many of the island’s upcoming residential and mixed-use projects that are currently proceeding through the UPC’s Urban Development and Estidama Approvals process. Our strong levels of collaboration with Aldar have resulted in the creation of a critical leisure and entertainment hub for Abu Dhabi – as envisioned in Plan Capital 2030 and now on the ground for residents and visitors to enjoy.”

Yas Island is an embodiment of the Complete Sustainable Communities initiative that was created by the UPC to ensure the development of high-quality, thoughtfully designed communities that meet the needs of today’s residents, yet are flexible enough to meet the changing needs of future generations. The many developments across Yas Island, through the use of the CSC suite of manuals, policies and guidelines, ensure the provision of safe, connected and walkable communities that feature attractive public realm and a mix of community facilities.

Yas Island is being developed in line with Vision 2030, which aims to raise the standard of living for all people living and visiting the Emirate through the creation of vibrant, mixed-use communities and the provision of a diverse range of housing choices. The Estidama programme of sustainability sits at the heart of Vision 2030 to ensure developments are environmentally, economically, socially and culturally sustainable.

Home to some of the UAE’s most exciting attractions, racing events, concerts, and luxury hotels, Yas Island is conveniently located just 25 minutes from downtown Abu Dhabi, 15 minutes from the Abu Dhabi International Airport and only 45 minutes from Dubai.

Local🕔 4 April 2016

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