Aldar launches Yas Acres Magnolias

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The value of revenues amounted to about AED 3.2 billion, representing an increase of 21 percent on an annual basis. (Aldar)
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  • The gated community consists of 312 villas and townhouses available for purchase from Sept. 4.
  • Each unit has fixtures that reduce water and energy consumption, the company said.

DUBAI: Aldar Properties has announced the launch of Yas Acres The Magnolias, the third phase of its flagship development on Yas Island.

The company said The Magnolias gated community consists of 312 villas and townhouses that are available for purchase by all nationalities from September 4.

“Customers will enjoy all the existing amenities Yas Island and Yas Acres has to offer, including the additional benefit of stunning golf course views for those exclusive front-line villas,” the company said.

The residents will have access to a school, mosques, retail and F&B outlets, green spaces and community pools, leisure, entertainment and shopping destinations.

The company said Yas Acres has become one of the most popular and in-demand communities across Abu Dhabi, with current occupancy rates for the existing community standing at 95 percent.

“The overall design of the Magnolias properties has also been revised to enable a more balanced lifestyle; more efficient and spacious floor plans meet the current desire of customers for extra space to live, work and relax. Some of the new features include larger bedrooms, pantries, studies, laundry rooms and storage areas,” the company said.

It added the homes in Magnolias will be competitively priced and customers can choose from two-, three-, and four-bedroom townhouses, three- and four-bedroom duplexes, and four-, five- and six-bedroom villas, many of which are golf course facing.

Each Magnolia unit will feature solar powered water heating systems, high solar reflectance materials to reduce heat absorption, efficient fixtures that reduce water consumption by more than 20 percent, and LED light fixtures that reduce energy consumption. Additionally, customers will be able to monitor their electricity and water consumption using smart meters.

Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said, “Upcoming handover of twofour54’s Yas Creative Hub in Yas South is set to bring a working population of over 10,000 to the island, and Yas Acres provides an ideal community for employees who will relocate their families closer to their workplace.”

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