News

Aldar sells 80% of Yas Park Place, tops AED 800m

Aldar Properties has sold 80% of released units at Yas Park Place on Yas Island, generating over AED 800 million in sales.

Phase I includes four of six mid-rise buildings overlooking Yas Central Park, offering studios to three-bedroom units and duplexes. The remaining two buildings will launch in Phase II.

International and expatriate buyers accounted for 54% of sales, with demand from Jordan, China, Taiwan and the UK. UAE nationals made up 46%.

First-time buyers represented 83% of transactions, while 66% of purchasers were under 45.

Sales were supported by activations across Abu Dhabi, Dubai, London, Hong Kong and Shanghai, reflecting Aldar’s expanding global sales network.

Gulf Economist Staff Writer