ALDAR TO HOST ROADSHOW IN RESPONSE TO DEMAND FOR ABU DHABI REAL ESTATE AMONGST EGYPTIAN INVESTORS
Egyptians among the top five nationalities purchasing homes in Abu Dhabi
By Eman Hamed
Aldar Properties (‘Aldar’) is embarking on its first sales roadshow in Egypt in response to increased demand for residential properties in Abu Dhabi. The roadshow, which commences on Saturday 6 November, will showcase a range of apartments and villas in premium freehold developments on Abu Dhabi’s Yas Island including Water’s Edge, Mayan, and Yas Acres.
Aldar has seen vast interest from Egyptian customers looking to buy homes in Abu Dhabi. Customers cited familiarity with the market, prospect of good returns, stability, and quality of lifestyle as the key reasons for considering Abu Dhabi as a property investment destination. They also cited cultural similarity and safety as reasons to reside in Abu Dhabi.
60 percent of potential buyers surveyed by Aldar indicated that they prefer a central popular location in Abu Dhabi as opposed to investing in property located in the outskirts of the Emirate. 59 percent indicated that they prefer apartments, 41 percent prefer villas and townhouses, while the remining two percent are interested in purchasing land plots. Buyers are eager for spacious properties that include a range of amenities specifically gyms, swimming pools, and child-care facilities, as well as access to shopping and leisure destinations.
Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “We are pleased to be hosting our first roadshow in Egypt. Through our market research, we have seen significant interest from Egyptian buyers wanting to purchase homes in Abu Dhabi. They are looking for competitive prices, strategic locations, high-quality integrated communities, and attractive payment schemes, all of which are offered in Aldar developments on Yas Island. Egyptians are consistently in our top five nationalities purchasing homes by Aldar. This reflects their trust in Abu Dhabi’s real estate market and the Aldar brand.”
Aldar’s roadshow will provide Egyptian customers with the opportunity to purchase homes in Yas Island, Abu Dhabi’s leading leisure, entertainment, and residential hub. It will be held at the Four Seasons Hotel Cairo, First Residence, on 6 November 2021 between the times of 10am and 7pm. Prices for premium properties in Water’s Edge, Mayan and Yas Acres start from EGP 2.5 million, with zero property registration fees and an opportunity to avail ten-year golden visas. Customers can also benefit from 6 percent guaranteed net return on investment for three years and a 10 percent down payment fee.
Yas Island is one of the Middle East’s leading leisure and entertainment attractions. The one-of-a-kind tourist destination and vibrant residential hub hosts Yas Mall, Abu Dhabi’s largest shopping mall, Yas Links Golf Course, Yas Marina Circuit, along with world-renowned entertainment destinations, such as Ferrari World and Warner Bros. World and Ferrari World Abu Dhabi.
A waterfront community running alongside its very own promenade and canal which offers a unique lifestyle of Yas Island. The fully serviced community is comprised of one, two, and three-bedroom apartments that enjoy stunning or partial views over the water from private balconies. Each of the apartment buildings are complemented by landscape gardens and equipped with gyms as well as jogging and cycling tracks.
A mixed-use residential development that embraces leisure and provides residents with a world of opportunities to explore. 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. Residents of Yas Acres can enjoy a range of amenities including gyms, swimming pools, retail and F&B outlets, and access to the on-site golf course.
A low-rise master planned development comprising over 500 premium units that range between studios, one, two, three, and four bedroom apartments as well as luxury beach houses. The project is designed to maximise views of the waterfront, mangroves, and fairways of the Yas Links Golf Course, and it offers residents first-class amenities including pools, sun decks, BBQ areas, a gym, and children recreational areas.
Interested customers can contact the Aldar Sales Centre by phone on +971 281 06400 or via email on [email protected]. To register for the roadshow please visit [insert website link.]