Developer Nine Yards has entered the UAE’s real estate market with a $544.53mn waterfront project that is taking shape at Yas Bay on Yas Island. Sea La Vie will include a range of luxury homes from one- to four-bedroom apartments, lofts, townhouses, duplexes and penthouses.
The developer, born out of a partnership between Ethmar International Holding and Al Nahda International Holding, said the project is inspired by a blend of tranquillity, style and architecture in an exceptional waterfront destination that is perfectly placed at the heart of Yas island, and is set apart by its unique design, ambiance and facilities.
“Nine Yards will be at the forefront of shaping the nation’s future lifestyle, creating beautiful state-of-the-art projects in some of the country’s most iconic locations. We are constantly thinking about how communities, society and families evolve, grow, interact and live together and we believe deeply that our developments will ultimately lead to healthy, vibrant and happy communities,” said Ahmed Selet, CEO of Nine Yards.
In late February 2023, DAMAC handed over ZADA Tower in Business Bay to customers and, in mid March 2023, Deyaar launched a $300mn waterfront residential project in Dubai Maritime City.
Through its upcoming developments, Nine Yards aims to be a positive contributor to Abu Dhabi’s long-term development as a sustainable, diversified, globally-integrated economy, Selet remarked.
He added, “The real estate market in Abu Dhabi and the UAE is witnessing a huge increase in demand from local, regional and international buyers and investors, with luxury-minded customers from around the world showing keenness to buy properties in the UAE, but these home-buyers aren’t only looking for extravagant options, they are also seeking added value from a genuine community vibe, where they can find comfort and style with their families.”
“At Nine Yards, we are designing our legacy through our commitment to create projects and developments that satisfy the overall need for a better life,” he concluded.
In late March 2023, Arada launched the penultimate phase of its Masaar residential community project.