Aldar launches Dh6 billion villa project in Yas Island

Aldar launches Dh6 billion villa project in Yas Island

Abu Dhabi’s Aldar Properties said on Monday it will add new villas to its Yas Island development with a project valued at Dh6 billion.

Yas Acres will consist of 1,315 villas, with the company saying residents will have access to a golf course and club house, parks, schools and a waterfront.

The project will add to Aldar’s Yas Island development, where the emirate’s Formula 1 race track is built, which on completion will house 15,000 residents, the firm said in a bourse statement.

No details were given in the filing on financing or construction timetable.

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