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Aldar unveils AED6bn waterfront destination on Yas Island

Development is expected to become home to approximately 5,000 residents, spanning approximately 600,000 square meters

By  BBN Bureau July 11, 2026

ABU DHABI: Aldar Properties, one of the UAE's leading real estate developers, has officially unveiled Yas Point, a landmark AED6 billion ($1.63 billion) waterfront destination set to redefine the northern shore of Yas Island . The announcement marks a significant new chapter in the evolution of one of the world's premier entertainment and lifestyle hubs.

Yas Point is conceived as a holistic, mixed-use community spanning approximately 600,000 square meters. The masterplan calls for 1,600 residences alongside a five-star resort hotel, branded residences, an international school, and a curated mix of retail, dining, and leisure offerings — all within a walkable beachfront setting. Once fully complete, the development is expected to become home to approximately 5,000 residents.

The project occupies one of Yas Island's most prominent coastal sites, strategically positioned on the doorstep of the island's globally recognised attractions. Aldar's vision is to transform this prime stretch of coastline into a connected, vibrant destination where living, visiting, gathering, and exploration converge seamlessly.

Design philosophy

The Yas Point masterplan places a strong emphasis on walkability and connection to nature. Park linkages and waterfront pathways are woven throughout the site, encouraging both residents and visitors to explore on foot.

The design intentionally blurs the boundary between private residential life and public experience, creating a place that welcomes the broader community rather than closing itself off.

Key components of the development include:

  • A five-star resort hotel anchoring the hospitality offering
  • Branded residences catering to luxury buyers and investors
  • An international school serving families within the community
  • Retail and dining experiences positioned along the waterfront
  • Public spaces and beachfront designed for year-round activation

Jonathan Emery, Chief Executive Officer of Aldar Development, framed the project as part of a broader ambition to keep Yas Island globally competitive.

"The world's greatest destinations never stand still; they continue to evolve to remain globally relevant and create new reasons for people to visit, live, and connect," Emery said.

"Yas Point reflects that ambition, introducing a vibrant waterfront destination that expands how people experience Yas Island and reinforces Abu Dhabi's position as a leading destination for lifestyle, tourism, and investment."

Emery, who brings over 30 years of global real estate experience to the role and oversees Aldar's development activities across the UAE, Egypt, and the UK, has been instrumental in shaping the developer's long-term vision for integrated communities.

Yas Island's continuing evolution

Yas Island has long been one of Abu Dhabi's flagship destinations, home to attractions including Ferrari World, Yas Marina Circuit, Warner Bros. World, and Yas Mall. The addition of Yas Point signals Aldar's intent to build beyond the island's entertainment core and expand its residential and lifestyle appeal along the northern waterfront.

With a gross development value of AED6 billion, Yas Point ranks among the most ambitious mixed-use projects currently underway in the UAE capital. The development is expected to attract both domestic and international interest, particularly from buyers and investors seeking waterfront living with direct access to leisure, education, and hospitality amenities.

         

#aldar properties#yas island#uae#property#abu dhabi
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BBN Bureau

Editor at Business Benchmark News