Today's Edition
ABU DHABI (ALETIHAD)
Aldar has announced a complete sell-out on launch day of all 133 homes at Waldorf Astoria Residences Yas, the first-ever branded residential development on Yas Island. The project generated Dh850 million in sales.
The development drew strong interest thanks to its prime location, world-class amenities, and the legendary service associated with the Waldorf Astoria brand.
Expatriate residents and international investors made up 76% of total sales, with UAE nationals accounting for 24%. Buyers from the UK and China led international demand, underlining the global appeal of Yas Island as one of the region’s most vibrant destinations.
Notably, 66% of buyers were under the age of 45, reflecting growing interest in luxury, hospitality-led living among younger demographics. Additionally, 68% of purchasers were first-time Aldar buyers, demonstrating the brand’s expanding market reach.
Bringing Hilton’s iconic Waldorf Astoria brand to Abu Dhabi for the first time, the project sets a new benchmark for luxury living in the capital.
Jonathan Emery, Chief Executive Officer at Aldar Development, said: “The sell-out of Waldorf Astoria Residences Yas marks a significant milestone for Aldar and highlights the attractiveness of Yas Island both as an investment destination and a prime residential address. As the island’s first branded residential offering, its overwhelming success is a strong indicator of the rising demand for luxury, hospitality-led living in Abu Dhabi and the universal appeal of the Waldorf Astoria brand.”
The residences include an exclusive collection of elegantly furnished homes, ranging from one- to three-bedroom apartments and duplexes to four-bedroom penthouses. The development is located along the iconic Yas Links Golf Course, offering sweeping views of the fairways and the Yas Marina Circuit, home of the Formula 1 Etihad Airways Abu Dhabi Grand Prix.
