Aldar expands Abu Dhabi tourism footprint with AED 6 billion Yas Island waterfront masterplan

Abu Dhabi-based developer Aldar has launched Yas Point, a new AED 6 billion mixed-use waterfront project on northern Yas Island. The 600,000-square-meter development will feature 1,600 residential units, a luxury hotel, and an international school, expanding the emirate's premium real estate and hospitality infrastructure to accommodate 5,000 residents upon completion.

Abu Dhabi's real estate and hospitality sectors are set for expansion following an official statement by Aldar announcing a new AED 6 billion waterfront masterplan on northern Yas Island. Named Yas Point, the 600,000-square-meter mixed-use precinct will incorporate 1,600 residential homes, a five-star resort, retail spaces, and an international school built for 3,600 students. The development is designed to integrate into the island's broader leisure infrastructure, positioning it near upcoming entertainment hubs like Disney Abu Dhabi and Sphere Abu Dhabi.

This major capital deployment highlights the ongoing transformation of Abu Dhabi into a global destination for tourism, commerce, and long-term residency. By introducing residential capacity for 5,000 people alongside premium hospitality assets, the project directly stimulates the regional construction, retail, and private education sectors. For institutional investors and enterprises, the expansion provides critical market entry points and commercial opportunities within a highly synchronized entertainment ecosystem.

As the principal real estate developer and asset manager in Abu Dhabi, Aldar oversees a massive strategic landbank and multi-billion-dirham portfolio spanning residential, commercial, and educational segments across the region. This latest project reinforces the company's master-development strategy while driving regional economic diversification goals.