Aldar Properties announced the incredible success of Yas Riva on Yas Island, which sold out in just 24 hours, generating over AED 1.4 billion in sales. The canal-front community's serene waterfront setting and modern design have been key factors in drawing buyers, with 52% of sales from UAE nationals and the remaining 48% from expatriates and international buyers.
Starting at AED 8.3 million, Yas Riva's strong demand reflects Yas Island’s rise as a premier destination for luxury living. Notably, 60% of buyers are under 45, highlighting the growing interest in upscale living among younger generations. First-time Aldar buyers represented 38% of sales, indicating Aldar’s expanding customer base, both locally and internationally.
A Luxurious Waterfront Lifestyle
Yas Riva offers a balance between tranquility and vibrancy, located near Yas Island’s world-class entertainment attractions while providing a peaceful waterfront setting with scenic views of the canal, parks, and gardens. Its combination of natural beauty and proximity to entertainment hubs like Ferrari World, Yas Marina Circuit, and Yas Waterworld, makes it an ideal location for those seeking both relaxation and adventure.
A Strong Buyer Profile
The development attracted a diverse range of buyers, with UAE nationals making up the majority. Expatriates, as well as overseas buyers from countries like India, Pakistan, and the UK, were also quick to invest in Yas Riva. This international interest highlights the growing appeal of Abu Dhabi’s property market to global investors. The youthful demographic of buyers—60% under the age of 45—demonstrates Yas Island’s allure to the younger population, while the 38% of first-time buyers reflect Aldar’s ability to continually attract new customers.
Aldar’s Expanding Influence
Aldar continues to strengthen its presence both locally and internationally, reinforcing its position as Abu Dhabi’s leading real estate developer. With two core business segments—Aldar Development and Aldar Investment—the company manages a portfolio of over AED 37 billion in income-generating assets.
Aldar Development is responsible for developing integrated communities across the UAE, including strategic landbanks in Abu Dhabi, Dubai, and Ras Al Khaimah. The division also works closely with the Abu Dhabi government to deliver housing and infrastructure projects. Internationally, Aldar Development owns UK-based developer London Square and has a majority stake in Egyptian real estate company SODIC.
Meanwhile, Aldar Investment focuses on managing a diverse range of real estate assets, from residential and commercial properties to hospitality and logistics. Through its four platforms—Aldar Investment Properties, Aldar Hospitality, Aldar Education, and Aldar Estates—the company ensures its assets are strategically managed and positioned for sustainable growth.
The Future of Yas Island
Yas Island is quickly becoming one of the most sought-after residential and investment locations in the UAE. With its mix of luxurious properties, stunning views, and proximity to major attractions, Yas Island is a hub for those seeking an upscale lifestyle. The success of Yas Riva underscores this growing demand, solidifying the island’s status as a premier destination for both local and international investors.
Aldar’s commitment to delivering high-quality, thoughtfully designed communities like Yas Riva continues to attract buyers looking for a lifestyle that blends luxury, convenience, and natural beauty. As the company expands its portfolio and attracts a younger, more diverse customer base, Yas Island will remain at the forefront of Abu Dhabi’s luxury real estate market.
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