Yas Canal residential project for UAE nationals
The UAE’s capital is undergoing a remarkable transformation, with its leadership committed to enhancing the quality of life for its citizens. The highly anticipated Yas Canal residential project is at the forefront of this initiative. Approved by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, this AED 3.5 billion residential project promises to deliver an unparalleled living experience.
Yas Canal Residential Project in Abu Dhabi Overview: A Collaborative Effort
What is the Yas Canal residential project? The Yas Canal residential project in Abu Dhabi results from a strategic partnership between the Abu Dhabi Housing Authority, the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company.
This public-private collaboration ensures that the project aligns with the government’s vision for sustainable urban development and provides high-quality housing options for Emirati citizens.
Oversight and Responsibilities
Under the watchful eye of the Abu Dhabi Centre for Projects and Infrastructure, the ICT Real Estate Development Company has been entrusted with the design, construction and infrastructure development of the Yas Canal housing project.
Meanwhile, the Abu Dhabi Housing Authority will oversee the sales and management of the residential units, ensuring a seamless experience for the homebuyers.
Yas Canal Housing Development Features and Scope – Tailored to Emirati Families
Yas Canal housing development amenities reflect the Abu Dhabi leadership’s commitment to providing high-quality housing solutions for Emirati families.
The residential project will span an impressive 1.8 sq. km and encompass many amenities and facilities. In addition to the 1,146 residential villas, the development will feature three mosques, a school, a gym and various retail and commercial spaces spanning 10,000 sq. m.
Diverse Residential Options
Yas Canal will offer diverse residential villas catering to Emirati families’ preferences and requirements.
Homebuyers can choose from three to six-bedroom villas, with sizes ranging from 350 to 525 sq. m., situated on plots ranging from 600 to 780 sq. m.
Architectural Variety
The project’s architectural design showcases a harmonious blend of traditional Emirati elements and modern aesthetics, ensuring the residential units seamlessly integrate with the local context and culture. Homebuyers can select from diverse architectural styles to suit their tastes and preferences.
Yas Canal Project Details – Payment Plan and Financing
Who is eligible to purchase villas in the Yas Canal project? One of the key features of the Yas Canal project payment plan is its accessibility to Emirati citizens.
Regarding the Yas Canal financing options, homebuyers can opt for housing loans from the Abu Dhabi Housing Authority to purchase the villas within the development, making the acquisition process more convenient and affordable.
Project Location and Commitment to Sustainability
Where is the Yas Canal housing development located? The upcoming project in Al Raha Beach is envisioned as a sustainable residential community incorporating eco-friendly design elements and energy-efficient technologies. This aligns with Abu Dhabi’s vision of becoming a global leader in sustainable urban development.
FAQs about the Yas Canal Residential Project
What is the expected Yas Canal project timeline?
This residential development is expected to be completed by the last quarter of 2027. The Abu Dhabi Centre for Projects and Infrastructure will oversee its progress and ensure adherence to the highest standards of quality and execution.
Can foreigners buy property in Abu Dhabi?
If you want to buy apartments or villas in the UAE capital as a foreign national, check out these top freehold areas in Abu Dhabi.
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What is life like in Al Raha Beach?
Al Raha Beach is one of Abu Dhabi’s popular neighbourhoods, offering beautiful waterfront properties and long stretches of pristine shoreline. You can read more about the pros and cons of living in Al Raha Beach to see if this area suits you.
What is the total cost of the Yas Canal project?
Yas Canal project cost is AED 3.5 billion.
Are there any priority criteria for housing allocation?
When prioritising housing requests for Emirati citizens, the Abu Dhabi Housing Authority (ADHA) considers factors like the applicant’s social status and financial situation. You can visit the official ADHA website for more information.
The Yas Canal residential project is not just about providing housing; it is a strategic initiative to enhance Emirati families’ overall well-being and quality of life. As the project progresses towards its targeted completion in 2027, it will undoubtedly serve as a shining example of the Abu Dhabi government’s dedication to its people and the emirate’s future.
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