Aldar: Sales at Abu Dhabi waterfront project hit $218m
Developer says second phase of Water’s Edge project has sold out
The Abu Dhabi developer Aldar says it has sold out the second phase of Water’s Edge, its waterfront development on Yas Island, bringing the total sales value of all units launched to over AED 800 million ($218m).
A sales launch of three apartment buildings took place on Saturday, 18 November.
Talal Al Dhiyebi, Chief Executive Officer at Aldar Properties, said: “We are delighted to have sold out these two phases of Water’s Edge in such a short space of time. The exceptional response demonstrates customer confidence in Aldar’s developments and our ability to create communities in which people want to live. The continued demand for homes on Yas Island further solidifies the destination’s reputation as one of Abu Dhabi’s most desirable locations.”
Water’s Edge includes a waterfront promenade, 13 apartment buildings, landscaped areas, pools and a mosque.
The location of Water’s Edge is adjacent to SeaWorld Abu Dhabi, which is set to open in 2022, and only a five-minute walk from Yas Mall, Ferrari World and the Yas Marina Circuit.