Aldar’s ‘Noya Luma’ development on Yas Island sold out in four hours
More than Dh2.5b in sales across Noya, Noya Viva and Noya Luma in the past six months.
Abu Dhabi: Aldar Properties has announced that Noya Luma, the third phase of its Noya development on Yas Island, sold out within four hours. This follows the rapid sell-out of the first and second phases of the community.
Commenting on the robust sales performance of Noya Luma, Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “Similar to other recent launches, we saw growing interest from overseas buyers at Noya Luma and we expect this trend to continue as more and more expats realise the benefits of Abu Dhabi’s recently implemented real estate, residency and investment reforms.”
In total, Dh560 million in sales was generated at Noya Luma. Construction is due to begin in November 2021, with handovers expected to commence in February 2024. Noya Luma is the latest addition to Aldar’s residential portfolio on Yas Island, which includes Noya, Noya Viva, Yas Acres, Water’s Edge, Lea, Ansam and Mayan.
Yas Island is a leading leisure and entertainment destination home to the Yas Links Golf Course, Yas Mall, Ferrari World, CLYMB, Etihad Park, Yas Beach, Yas Waterworld and Warner Bros World. The one-of-a-kind tourist destination and vibrant residential hub also comprises of numerous luxury villas, apartments, and hotels.