{"id":37330,"date":"2016-12-07T17:05:56","date_gmt":"2016-12-07T10:05:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=37330"},"modified":"2016-12-07T14:56:31","modified_gmt":"2016-12-07T07:56:31","slug":"aldar-properties-opens-west-yas-villa-sales-to-expats","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-opens-west-yas-villa-sales-to-expats\/","title":{"rendered":"Aldar Properties opens West Yas villa sales to expats"},"content":{"rendered":"


\nAldar Properties has opened up sales of off-plan villas at its West Yas development to all nationalities. Abu Dhabi’s largest listed property developer had started marketing the development of 1,017 four bedroom and five bedroom villas on Yas Island last year exclusively to Emiratis.The villas, located along the island’s mangroves, are expected to be handed over to buyers at the end of 2017.Aldar said that prices start from Dh4.3 million and the villas range from 600 to 800 square metres in size.The company added that it was offering buyers a payment plan where they could pay 25 per cent during construction and 75 per cent upon handover with a down payment of just 5 per cent of the purchase price.Aldar said on Wednesday that it was making the move because it had seen “significant demand” for the villas.”We have witnessed significant demand for the enriched community living experience that West Yas offers in Abu Dhabi’s most exciting destination – Yas Island,” said the Aldar chief executive Mohamed Khalifa Al Mubarak. “As such, we are delighted to open up West Yas to purchasers of all nationalities who will be able to take advantage of this master-planned community and its exceptional range of community facilities.”The news comes as property brokers in Abu Dhabi continue to report falling demand for high end villas as low oil prices force companies to cut back on hiring the sort of high earning executives who can afford to rent such expensive properties.On Monday, Cluttons reported that average house prices in Abu Dhabi fell 5.2 per cent in the first nine months of the year and were expected to fall further. Sea view villas on Saadiyat Island – currently the capital’s most expensive recently built villa neighbourhood – had the biggest falls with prices down nearly 18 per cent since the start of the year.”The top end of the villa market has borne the brunt of a diminishing rate of creation of senior level positions, while housing allowances have also continued to slip across the board,” said Edward Carnegy, head of Cluttons Abu Dhabi office in the report.Aldar said that much of the infrastructure work on West Yas was nearing completion. A mosque, shopping centre and recreational club are to be completed before the end of this year.lbarnard@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Aldar Properties opens West Yas villa sales to expats<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aldar Properties has opened up sales of off-plan villas at its West Yas development to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-37330","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9I6","jetpack-related-posts":[{"id":37326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-to-open-west-yas-villa-sales-to-non-emiratis\/","url_meta":{"origin":37330,"position":0},"title":"Aldar Properties to open West Yas villa sales to non-Emiratis","date":"December 7, 2016","format":false,"excerpt":"\r Aldar Properties has opened up sales of off-plan villas at its West Yas development to all nationalities. Abu Dhabi's largest listed property developer had started marketing the development of 1,017 four bedroom and five bedroom villas on Yas Island last year exclusively to Emiratis.The villas, located along the island's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-sells-dh1-billion-of-homes-at-yas-acres-ready-to-launch-second-phase\/","url_meta":{"origin":37330,"position":1},"title":"Aldar sells Dh1 billion of homes at Yas Acres, ready to launch second phase","date":"June 15, 2016","format":false,"excerpt":"\r Aldar Properties has said that it will launch the second phase of its Dh6 billion Yas Acres project after generating more than Dh1bn by selling out the first phase.The company said that it plans to start selling 125 homes under the second phase, which will be a mix of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-to-start-selling-homes-at-third-phase-of-yas-acres\/","url_meta":{"origin":37330,"position":2},"title":"Aldar to start selling homes at third phase of Yas Acres","date":"September 25, 2016","format":false,"excerpt":"\r Aldar will on October 4 start selling 260 villas and town houses under the third phase of its Dh6 billion Yas Acres, the Abu Dhabi developer's flagship golf and waterfront development on Yas Island.The project for the first time will offer two-bedroom town houses, alongside three-bedroom town houses and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-awarded-dh2bn-contract-to-build-1017-villas-on-abu-dhabis-yas-island\/","url_meta":{"origin":37330,"position":3},"title":"Arabtec awarded Dh2bn contract to build 1,017 villas on Abu Dhabi’s Yas Island","date":"January 11, 2016","format":false,"excerpt":"\r \r Dubai contractor Arabtec has been awarded a Dh2 billion contract by Abu Dhabi\u2019s Aldar Properties to build 1,017 villas on Yas Island.The contract represents the final package to be awarded for the West Yas development following infrastructure, public realm, school, clubhouse, retail and mosque packages, Aldar said in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-awards-main-contract-for-yas-acres-development-to-trojan\/","url_meta":{"origin":37330,"position":4},"title":"Aldar awards main contract for Yas Acres development to Trojan","date":"May 8, 2017","format":false,"excerpt":"\r Abu Dhabi's largest listed property developer, Aldar, said on Sunday it has awarded Trojan General Contracting a Dh1.7 billion main construction contract for the first three precincts of its Yas Acres development on Yas Island in Abu Dhabi. In a note to the Abu Dhabi bourse, Aldar said Trojan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-occupancy-rates-boost-net-profit-for-aldar-properties\/","url_meta":{"origin":37330,"position":5},"title":"Higher occupancy rates boost net profit for Aldar Properties","date":"November 8, 2016","format":false,"excerpt":"\r Aldar Properties, Abu Dhabi's biggest publicly traded real estate company, said its net profit in the third quarter increased by about 16 per cent amid high occupancy rates at Yas Mall and across its office and residential properties. The company also said that it sold Dh1 billion of property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37330"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=37330"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37330\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}