Cityscape: Aldar to build 2,000 homes to meet Abu Dhabi demand
Developer launches three residential developments on Yas Island and Al Reem Island
Abu Dhabi’s Aldar Properties has launched three residential developments with 2,000 homes to meet growing demand in the emirate, the developer announced ahead of this week’s Cityscape exhibition.
The new developments – West Yas, Mayan and Meera – will cater to luxury and mid-market segments, offering options for UAE nationals and foreign investors alike.
The West Yas development on Yas Island will offer 1,000 premium villas for purchase by Emiratis only. Mayan, an investment zone beachfront development also on Yas Island, will feature 700 residential units ranging from studios to four-bedroom apartments.
Meanwhile, the Meera development at Shams Abu Dhabi on Al Reem Island will “fill the market gap for a mid-income product,” Aldar said in a statement.
Aldar CEO Mohammad Al Mubarak said the developer has had a busy year so far with the launch of the Al Merief residential community in March and the ground-breaking at its Ansam and Al Hadeel projects, launched last year.
“We are delighted to be able to offer a further 2,000 homes to the growing Abu Dhabi market,” Al Mubarak said.
“Our three new developments, West Yas, Mayan and Meera, will enrich Yas Island and Shams Abu Dhabi with high quality homes to meet demand across all segments of the market.”
