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Aldar Launches Noya on Yas Island

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Aldar Launches Noya on Yas Island PRESS RELEASE ALDAR LAUNCHES NOYA ON YAS ISLAND • The community features townhouses and villas, with prices starting from AED 1.49 million • AED 940 million development open to all nationalities • Sales kick off on November 22 Abu Dhabi – UAE, 19 November 2020: Aldar Properties (‘Aldar’) today announced the launch of Noya, a master-planned residential community on the iconic Yas Island. The AED 940 million development is located in an investment zone, with all properties available for purchase on a freehold basis. Located in close proximity to Aldar’s flagship Yas Acres, Noya offers residents the opportunity to combine the luxury of living on Yas Island, the capital’s premier leisure and entertainment destination, with convenient access to the heart of Abu Dhabi. Noya features 510 residences, including 4-bedroom villas and 2-and 3-bedroom townhouses, with prices starting from AED 1.49 million. Buyers can also benefit from an attractive 35/65 payment plan. Sales will commence on November 22, 2020. Each unit will have its own outdoor space that owners will be able to call their own. The community offers an attractive range of amenities including community gardens, sports facilities, a community pool with adult and kid’s sections, splash pad, gym, and multi-purpose room, along with access to the island’s schools, golf courses, retail and entertainment destinations, and park networks for relaxation and leisure. Construction of Noya is due to begin in Q2 2021, with handovers to commence in Q2 2023. Noya is Aldar’s latest residential community on Yas Island, which is home to Water’s Edge, demonstrating the continued appeal for residences in this prime destination in Abu Dhabi. Commenting on the launch, Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties, said: “Noya will welcome its prospective residents with a unique balance of modern, efficient design, abundant outdoor spaces and connectivity to central Abu Dhabi. As Abu Dhabi’s leading real estate developer, Aldar is committed to continuously delivering property that meets the demands of the market in a sustainable way. The launch of Noya is testament to the strong fundamentals and resilience of the capital’s real estate market and the trust customers have placed in Aldar.” Customers interested in purchasing a villa or townhouse can do so by visiting Aldar’s Sales Centre. A set of thorough precautionary hygiene measures in line with government regulations have also been rolled out and implemented across Aldar’s Sales Centre, providing peace of mind for customers wishing to visit in person. In line with its commitment to digital transformation, Aldar has also made virtual home tours available for its customers Rashed Al Omaira, Executive Director – Commercial at Aldar Properties, said: “We are proud to be launching Noya, which reflects the healthy demand for residential communities in Abu Dhabi. Yas Island is one of Abu Dhabi’s most exciting and sought-after destinations, and we are confident that with PRESS RELEASE developments such as Noya, it will continue to attract residents, tourists and investors. We look forward to seeing this community come to life and welcoming new homeowners to the island.” Yas Island is a leading leisure and entertainment destination home to the Yas Links Golf Course, Yas Mall, Ferrari World, CLYMB, Du Arena, Yas Beach, Yas Waterworld and Warner Bros World. The one-of-a-kind tourist destination and vibrant residential hub also comprises of numerous luxury villas, apartments and hotels. The island will soon welcome the Abu Dhabi Media Zone’s new twofour54 campus which will bring a working population of 10,000 people. Leading community developments on Yas Island include Ansam, Mayan, West Yas and Yas Acres, all offering an unrivalled quality of life in picturesque surroundings. -ENDS- For further information, please contact: Media/IR Joudi Issa Obaid Alyammahi Brunswick Aldar Properties +971 2 234 4600 +971 2 810 5555 [email protected] About Aldar Aldar Properties PJSC is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region. From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate. Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit. Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders. Aldar seeks to create quality, comfortable, desirable destinations that enrich the lives of Abu Dhabi residents as well as tourists within the Emirate. Aldar is playing a leading role in the development and provision of world class retail - Yas Mall, international standard education through Aldar Academies, iconic entertainment venues such as the Yas Marina Circuit, and community amenities across its entire portfolio. PRESS RELEASE Aldar is driven by a vision to be the most trusted and recognized real estate lifestyle developer in Abu Dhabi and beyond. For more information on Aldar please visit www.aldar.com or follow us on: .
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