The presentation and launch of sales for the new Waldorf Astoria Residences Yas development recently took place in Abu Dhabi.
The apartments in this exclusive new development attracted so much interest from local and international buyers that they sold out within a day.
Thanks to its high level of service, convenient location and brand recognition, the project attracted investors and will adorn Yas Island. Interestingly, 76% of the apartments were purchased by foreigners, with UAE citizens accounting for just 24% of transactions. The greatest interest came from buyers in China and the United Kingdom. Meanwhile, 66% of Waldorf Astoria Residences Yas apartment buyers were under 45 years old, indicating a growing demand for premium housing with hotel services among young people.
According to Aldar Development CEO Jonathan Emery, the project's successful implementation confirms Yas Island's status as one of Abu Dhabi's leading investment and living destinations.
The residential complex will comprise stylishly designed one-, two- and three-bedroom apartments, four-bedroom penthouses, and two-storey residences. Waldorf Astoria Residences Yas is located next to the renowned Yas Links golf club and offers views of the Yas Marina Circuit Formula 1 track and the course that hosts the Abu Dhabi HSBC Championship as part of the DP World Tour.
The rapid sale of the residences confirms sustained interest in luxury serviced real estate in Abu Dhabi, reinforcing the island's position as a premium living and investment destination.