With a total value of 2.4 billion dirhams and comprising 2,255 residential units, Aldar Properties, a leader in real estate development, investment, and management in Abu Dhabi, launched yesterday the “Waters AG,” a residential project featuring waterfront views on Yas Island, with prices starting at 480,000 dirhams. The company clarified that the project will be open to buyers of all nationalities.

This move coincides with the launch of the Cityscape Global exhibition, which Dubai is hosting on September 11, where units from the project’s first buildings will be showcased. Aldar Properties“ participation in the exhibition is part of its commitment to meeting the growing demand from global investors for the high-quality residential units it offers in Abu Dhabi. The company’s strategy to increase its recurring revenue includes, among other measures, allocating a number of units in the ”Waters AG” project to its rental housing portfolio, which is characterized by easy access to all the facilities and amenities it offers residents, including sports and recreational facilities, restaurants, and retail stores, in addition to the many advantages that have made Yas Island the most distinctive destination in the UAE capital, Abu Dhabi.

On this occasion, Mohammed Khalifa Al Mubarak, CEO of Aldar Properties, stated that “Yas Island has succeeded in strengthening its position on the global tourism map,” adding that the ”Waters AG” project is capable of attracting the attention of investors and those seeking to own their dream home. Al Mubarak believes the project plays a significant role in achieving the company’s strategy to increase recurring revenue through the contribution of the units that will be added to our residential portfolio.”