Abu Dhabi has a new premium development joining its list of upcoming waterfront properties.
Aldar Properties (Aldar) has announced the launch of Yas Riva, a new luxury villa community on Yas Island. The development offers both canal-front and canal-accessible homes, designed to provide residents with a tranquil waterfront lifestyle.
Yas Riva is uniquely positioned as one of Abu Dhabi’s few residential developments with direct canal access.
Highlights and amenities available at the Yas Island community
Each canal-front villa will feature a private dock, allowing residents to navigate the surrounding waterways by boat. The community’s design draws inspiration from the natural landscape, with the curving exteriors of the villas echoing the gentle flow of water.
Homes further inland offer contemporary architecture with views of landscaped gardens and parks, along with easy access to the canal via dedicated walkways. The minimalist design of these villas complements the lush greenery that surrounds them, providing a serene living environment.
Residents of Yas Riva will have access to a health-and-wellness centre located on the water’s edge, featuring a spa, gym, adults’ and kids’ pools, and a sunken firepit.
The community is further enhanced by landscaped gardens, three parks, and a variety of recreational facilities, including padel courts, outdoor fitness areas, and an amphitheatre.
Situated on the northern shores of Yas Island, Yas Riva offers proximity to the island’s entertainment and leisure attractions, such as Yas Mall, Yas Bay, Yas Marina Circuit, Yas Links Golf Course and theme parks.
Yas Riva is targeting a 3 Pearl Estidama rating for the villas and a 2 Pearl Estidama rating for the overall community.
The development incorporates sustainable design elements aimed at reducing carbon emissions and water usage, including the use of recycled materials and low-carbon construction practices.
Yas Riva is also seeking a 2-star rating from Fitwel, the global certification system dedicated to promoting healthy communities.
Aldar’s H1 2024 highlights
In other news, the developer recently reported a net profit increase of 57 per cent year-on-year (YoY) in H1 2024, driven by significant backlog realisation and robust performance of its investment portfolio.
The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY, and earnings before interest, taxes, depreciation and amortisation (EBITDA) of Dhs3.9bn, a 61 per cent increase YoY.
Net profit after tax reached Dhs3.3bn.