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New Aldar real estate project on Yas Island sells out within 48 hours

Press Release by Press Release
17 April 2021
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New Aldar real estate project on Yas Island sells out within 48 hours
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Noya Viva, the second phase of its Noya development, brings a further 480 homes to Aldar’s latest community on Yas Island. Aldar Properties has announced that Noya Viva, the second phase of its Noya development on Yas Island, sold out within 48 hours. This follows on from the four-hour sell-out of the first phase of Noya in Q4 2020.

Aldar said in a statement that this demonstrates the continued demand for high quality, well located homes in Abu Dhabi. Expanding upon the first phase of the Noya development, Noya Viva brings a further 480 homes to Aldar’s latest community on Yas Island.

Noya Viva is open to customers of all nationalities, with buyers at the development representing 33 countries while 61 percent of units were purchased by UAE nationals.

Rashed Al Omaira, chief commercial officer at Aldar Development, said: “Abu Dhabi’s real estate market continues to go from strength to strength, as demonstrated by the significant appetite for Noya Viva. Central to this market-leading sales performance is Aldar’s commitment to addressing current market demand and launching customer-centric products.

“As one of Abu Dhabi’s most vibrant destinations, Yas Island continues to attract a diverse pool of buyers looking for quality properties, with world-class entertainment and lifestyle on their doorstep, and swift access to the city of Abu Dhabi.”

Prices at Noya Viva start from AED1.65 million, with each unit coming with its own dedicated outdoor space, responding positively to the increased time people are spending at home, Aldar said.

The focal point within the Noya development masterplan is The Village, a community hub set to include shops and cafés, sports, fitness, and health and wellbeing facilities, a mosque and a library. It will also be home to a leading British curriculum school, operated by Aldar Academies. Construction of Noya Viva is due to begin in the fourth quarter of 2021, with handovers expected to commence in Q1 2024. Noya Viva is the latest addition to Aldar’s residential portfolio on Yas Island, which includes Noya, Yas Acres, Water’s Edge, Lea, Ansam and Mayan.

 

 

Tags: Abu DhabialdarDubaiEditor-in-chief Patrizia MarinInvestmentreal estatYas Island
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