Yas launch keeps Aldar sales running hot

Arabian Post Staff -Dubai

Aldar has sold 80% of the homes released in the first phase of Yas Park Place on Yas Island, generating more than AED800 million in sales and underlining the continuing pull of Abu Dhabi’s off-plan residential market at a time when demand remains strong from both domestic and overseas buyers. The project, announced on 23 April, adds another fast-moving launch to the developer’s expanding pipeline on one of the capital’s most closely watched residential and leisure corridors.

The company said the performance was driven by buyer events held in Abu Dhabi, Dubai, London, Hong Kong and Shanghai, showing how developers are leaning ever more heavily on cross-border roadshows to widen their sales base. Expatriate residents and international buyers accounted for 54% of total sales, while UAE nationals made up the remaining 46%, a split that points to a market still powered by both local confidence and foreign capital. Aldar also said 83% of buyers were purchasing from the developer for the first time, while 66% were under 45, suggesting Yas Island is drawing a younger and broader customer profile rather than relying only on repeat investors.

Yas Park Place is being developed as a six-building mid-rise community overlooking Yas Central Park. Aldar released four buildings in the first phase and plans to release the remaining two later. The scheme includes studios, one-, two- and three-bedroom homes, along with two-bedroom duplexes, within what the developer describes as a walkable, garden-led setting. The wider property page for the development positions it as a community-led product with lifestyle features including an infinity pool, co-working space, outdoor cinema, wellness gardens, retail and food-and-beverage offerings, children’s play areas and walking trails.

The speed of absorption fits a broader pattern in Aldar’s business. The company’s full-year 2025 results showed group sales rising 21% to AED40.6 billion, with total UAE sales climbing 25% to AED35.5 billion. Its group development revenue backlog reached a record AED71.7 billion by the end of December 2025, while UAE revenue backlog stood at AED61 billion, giving the developer visibility over future revenue as it pushes ahead with new launches and handovers. In March, Aldar said it remained on track to hand over more than 3,500 units in 2026, underlining the scale of delivery now required to match the pace of presales.

That backdrop matters because Yas Park Place is not an isolated success. Yas Island has become one of the emirate’s most commercially effective residential clusters, where homes are being sold not just on location but on the strength of a full lifestyle proposition that combines leisure attractions, hospitality, retail, education and improving connectivity. Aldar’s earlier Yas-branded communities, including Yas Park Gate and Yas Park Views, helped build that residential ecosystem, and the latest launch extends the strategy by shifting further into mid-rise formats aimed at buyers looking for an entry point below the upper tier of luxury villas while still staying inside a premium district.

The wider market has also been supportive. Consultancy data published this year showed Abu Dhabi’s housing sector entering 2026 with considerable momentum after a record 2025. Off-plan homes accounted for 71% of total sales activity last year, with total residential sales value in Abu Dhabi City reaching about AED73.2 billion. Apartment prices rose 15.1% year on year in 2025 and villa prices increased 12.2%, while rents also moved higher, reinforcing the argument for ownership among residents weighing rising lease costs against long-term purchase plans.

Other market readings point in the same direction. CBRE said Abu Dhabi’s residential sector delivered one of its strongest years on record in 2025, with transactions up 50% and values up 61% versus 2024, helped by off-plan activity and constrained supply. Knight Frank, meanwhile, reported that average residential prices rose 17.3% year on year by the second quarter of 2025, with Yas Island villa values posting a 22% annual increase. That combination of price growth, limited prime stock and deepening international interest has created fertile ground for launches such as Yas Park Place, though it also raises the pressure on developers to maintain delivery timetables and avoid overheating in segments where demand has run far ahead of supply.