en.Wedoany.com Reported - UAE developer Aldar announced that 80% of the units launched in its Yas Park Place residential community on Yas Island have been sold, generating sales revenue exceeding $218 million.

Adjacent to Yas Central Park, the residential community comprises six mid-rise buildings offering studio, one-bedroom, two-bedroom, and three-bedroom homes, as well as two-bedroom duplex apartments, situated within a walkable, garden-led neighbourhood on Yas Island. Aldar stated that 83% of customers are first-time Aldar homebuyers, highlighting the community's broad market appeal and Aldar's expanding customer base.

Aldar announced in a statement that the first phase of the community saw four buildings launched for sale, with the remaining two buildings to be released in the second phase. The sales performance was supported by a series of customer events held in Abu Dhabi, Dubai, London, Hong Kong, and Shanghai.

Expatriate residents and international buyers accounted for 54% of the community's total sales, with strong demand from buyers in Jordan, China, Chinese Taiwan, and the United Kingdom. UAE nationals accounted for 46% of sales. CEO Jonathan Emery said: "We are very encouraged by the strong market response to Yas Park Place, with sustained demand from both domestic and international investors reaffirming Abu Dhabi's position as an attractive long-term investment destination with strong fundamentals."

Demand for the community was driven by younger buyers, with 66% of customers under the age of 45, reflecting Yas Island's continued appeal to a diverse range of buyers and investors.

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