14 June, 2010

Abu Dhabi moves into Leisure

This weekend Aldar Properties, Abu Dhabi's largest developer, has announced it is to build a huge water park at Al Yass Island nearby to Ferrari World.



This area, Yass Island, is slowly becoming a very nice spot for all year round entertainment. It currently hosts the Grand Prix and has now got two magnificent golf courses in Saadiyat Island and Yass Links. With a world class water park to be added you can see that this area will become an very popular place for UAE residents to visit and holidaymakers looking for a great day out.The water park will need at least one day to to see everything and Ferrari World is just enormous .




It is easy to get to, as the governement have put amazing infrastructure in place and ongoing investment is apparent as you drive down the new 10 lane highway which connects the old motorway with Al Reem Island in the city. It also boasts some great new hotels with two new beach fronted developments being halfway complete.


We have also sold a couple of properties last week in AD, on the Yass Island site, which I believe will be a great investment for the buyer.


All in all this is exactly what the region needs and although they are bound to build a huge mall at some stage, it is good to see that creative thought is going into how to maximise this soon to be talked about leisure destination.