UAE: Miral with New Development “Yas Village“ on Yas Island, Abu Dhabi
Miral Asset Management, Abu Dhabi’s creator of destinations, has announced a new development – “Yas Village“ – an affordable modern living community with one or two bedroom apartments on Yas Island, spreading across 108,600 square metres. Miral is investing 625 million Dirham (154 million Euro) in the first phase which is set to appeal to Yas Island’s employees and the wider community of the Abu Dhabi Emirate. The modern living area, which is scheduled for handover by end of 2020 with a total of 994 units, will include nine residential buildings, sports and leisure facilities, along with retail and dining options.
“Yas Village, the first affordable residential development on Yas Island, brings a modern and welcome living community to the island. […] Once complete, we look forward to welcoming employees from the island and its surrounding areas within Abu Dhabi to become residents of this inclusive community,“ comments B.R. Kiran, Chief Portfolio Officer of Miral. The construction works for phase one of Yas Village began in May 2018 and is now 40 percent complete. Phase two will bring additional 758 units to the living area. (eap)