Aldar unveils first residential community at $1.6bn Yas Island project

24/07/2026 08:10 AST

Leading UAE developer Aldar has announced the launch of The Canopies, the first residential community at Yas Point, a AED6 billion ($1.6 billion) waterfront destination to be developed on Yas Island's northern shore.

It comprises 592 apartments across six mid-rise buildings, offering studios and one-, two- and three-bedroom apartments. Sales of the project's residential units are set to commence on 29th July.

The Canopies is located minutes from Yas Island's leading entertainment and lifestyle attractions.

The community also features more than 10,000 sqm of landscaped open space, with shaded pathways, gardens, outdoor wellness areas, and social spaces.


Trade Arabia

News

Aldar, Arada in landmark partnership for $4bn Abu Dhabi projects

01/10/2026

Leading UAE developers Aldar and Arada have announced a landmark strategic partnership comprising major development opportunities on Yas Island and at Seih Sdeirah in Abu Dhabi, representing a combin

Trade Arabia

Aldar launches 351-unit villa community development at Saadiyat Island

18/09/2026

Leading UAE developer Aldar has announced the launch of Talay, an exclusive collection of 351 standalone villas marking the first residential community at Marsa Al Saadiyat.

Unveiling the p

Trade Arabia

Aldar in deal to develop Nabdh community hub model park on Yas Island

29/06/2026

Leading Abu Dhabi property developer Aldar has joined hands with Abu Dhabi's Department of Community Development (DCD) to develop Yas Community Park on Yas Island, a new public space that will includ

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

ALDAR Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
EMAAR 11.32 -0.26 (-2.25%)
EMAARDEV 12.90 -0.18 (-1.38%)
ERES 0.78 0.00 (0.00%)
TECOM 3.36 -0.05 (-1.47%)
MABANEE 920.00 0.00 (0.00%)

Recent News

Mekdam Holding receives Ashghal award for contract worth up to QR262.5 mn

05/10/2026

Mekdam Holding Group said on Sunday that its subsidiary, Mekdam Technical Services W.L.L., has received a Letter of Award from Qatar's Public Works Authority (Ashghal) for a contract to provide and s

Gulf Times

Vodafone Qatar, Mowasalat sign MoU to advance digital innovation

05/10/2026

Vodafone Qatar and Mowasalat (Karwa) have signed a Memorandum of Understanding (MoU) to explore future collaboration across connectivity, data and analytics, customer engagement and digital solutions

Gulf Times

Alwasail Industrial lands supply contract for Riyadh Sports Boulevard

05/10/2026

Saudi Arabia's Alwasail Industrial has announced that it has secured a contract worth SAR8.83 million ($2.35 million) from Almabani General Contractors Company to supply materials for the Sports Boul

Trade Arabia

Du achieves world's first six-carrier aggregation deployment on commercial 5G-advanced network, advancing 5G+ and 6G readiness

05/10/2026

Du, the leading telecom and digital services provider, today announced the world's first six-carrier aggregation deployment on its commercial 5G-Advanced network, successfully aggregating six 5G New

Khaleej Times

Natural Gas Distribution Company secures Al-Kharj gas network licence

05/10/2026

Saudi Arabia's Ministry of Energy has awarded Natural Gas Distribution Company a licence to construct, own and operate a natural gas distribution network in Al-Kharj Industrial City.

The awa

Trade Arabia