Real Estate

LEA homes to come up at Yas Island

May 2019

Leading UAE developer Aldar Properties has announced the launch of its new freehold waterfront project, LEA, which will be developed on the northern shores of Yas Island in Abu Dhabi.

Featuring 238 residential plots in a prime location adjacent to Aldar’s flagship Yas Acres project, LEA boasts parks, promenades, and waterside walkways. In addition, residents will benefit from all the amenities within Yas Acres such as parks, swimming pools, play areas, barbecue and picnic areas, schools, mosques and the Yas Acres full-length nine-hole golf course.

The launch comes following the successful sellout of Alreeman, a $545-million freehold development in the Alshamkha area of Abu Dhabi, in January.

CEO Talal Al Dhiyebi says: “LEA represents a fantastic opportunity for any purchaser to buy land and build their dream home on Yas Island. We know that there is pent up demand for this type of product, and the runaway success of Alreeman – generating Dh1.6 billion ($435 million) in sales – supports that.”

Combining the opportunity to acquire land with all of the attractions and amenities of Yas Island is a hugely compelling proposition that no one else can offer, remarks Al Dhiyebi.

Yas Island is a core pillar of Aldar’s destination development strategy and features the completed residential communities Ansam and West Yas as well as the under-construction Mayan, Yas Acres and Water’s Edge.  

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