$545 million project launched on Yas Island in Abu Dhabi
$545 million project launched on Yas Island in Abu Dhabi
A new $545 million (AED2 billion) real estate project is being launched in Yas Bay, near Yas Island, Abu Dhabi. Sea La Vie is being developed by Nine Yards and a partnership between Ethmar International Holding and Al Nahda International Holding.
With strong government stimulus and an economic recovery leading to robust post-COVID growth, real estate is in high demand in a market that is in need of exciting new developments. Nine Yards is ideally placed to fill the gap in demand for premium homes. Sea La Vie Abu Dhabi real estate project, located in Yas Bay, will be a residential project with 1–4-bedroom apartments, lofts, townhouses, duplexes and penthouses.
Ahmed Selet, CEO of Nine Yards, said Nine Yards will be at the forefront of shaping the nation's future lifestyle by creating beautiful contemporary projects in some of the country's most iconic locations. They constantly think about how communities, society and families develop, grow, interact and live together, and deeply believe that their developments will ultimately lead to healthy, vibrant and happy communities. With its upcoming developments, Nine Yards aims to make a positive contribution to the long-term development of Abu Dhabi as a sustainable, diversified, globally integrated economy.
According to Selet, the real estate market in Abu Dhabi and the UAE is seeing a huge increase in demand from local, regional and international buyers and investors. These homebuyers are not only looking for extravagant options, they are also looking for added value in an authentic community environment where they can find comfort and style with their families.
