Water's Edge — project image
✓ Resale Available

Water's Edge

From AED 1.50M·Completed Jun 2021·Developer payment plan available Payment
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AED 1.50M
Starting Price
Jun 2021
Handover
Developer payment plan available
Payment Plan
1 BR · 2 BR
Type

Project Overview

Water's Edge is Aldar's premier residential development on Yas Island, consisting of 13 nine-storey buildings. It offers a collection of one, two and three bedroom studios and apartments. Each residence features a private balcony offering full or partial views of the canal. All buildings have a similar architecture combining smooth lines and large panoramic windows. The interiors are finished with modern materials and the layouts are thoughtfully designed to ensure comfort and maximize livability. Water's Edge boasts many first-class amenities, including: landscaped gardens, fully equipped gyms, multiple swimming pools, jogging and cycling paths, multi-use sports courts and private courtyards with swimming pools. And the promenade with stylish cafes, restaurants and stores offers residents a tranquil Mediterranean atmosphere. The complex's ideal location in the heart of Yas Island provides residents with easy access to the island's many attractions and amenities. Ferrari World, Yas Waterworld and Yas Marina Circuit are all within an 8-10 minute radius, while Abu Dhabi International Airport and Al Raha Beach are no more than 15 minutes away.

Project Specifications
DeveloperAldar Properties
LocationYas Island
Unit Types1 BR, 2 BR, Apartments
AreaYas Island
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 64,509 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,174
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 687,700 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Aldar Properties.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Basketball court
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lobby
Paddle court
Pets Allowed
Recreational areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Tennis court
Walking paths

Location

Yas Island

Nearby Destinations

Yas Island

Developer and Project Facts

01

Water's Edge by Aldar Properties

02

Located in Yas Island

03

Starting from AED 1,495,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Jun 2021

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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