With the Yas Bay project taking leaps to completion there is more excitement planned for you and your family.
The first stages of the AED 12 billion new area should be completed by year end which includes a Hilton Hotel and an 18,000 seat indoor arena.
Siadah International Real Estate have acquired two land sales in place to develop two residential projects on Yas Island, quoted Miral, the developer for Yas Island.
Chawqui Derradji, CEO at Siadah, says: “We are delighted to invest in Yas Bay and to bring our projects to such an exciting destination. As the two plots become bustling communities, we aim to mirror Miral’s vision of offering unique and immersive experiences by developing residential units with direct views of Yas Bay waterfront.”
Mohamed Abdalla Al Zaabi, CEO of Miral says: “With the recent changes in the law issued by the Abu Dhabi government, allowing foreigners to acquire freehold lands and develop properties in designated zones, Yas Island’s Yas Bay is now firmly on the global map as a real estate investment destination.”
With its rapid growth to development, the first phase of road infrastructure and landscaping of the public parks and promenade have been completed.