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Aldar launches rent-to-own scheme at West Yas Community

Technical Review Middle East TRME

Aldar launches rent-to-own scheme at West Yas Community

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The Yas Island has become one of Abu Dhabis most exciting destinations, attracting residents, tourists and investors alike. (Image source: Aldar)

Aldar Properties PJSC (Aldar) has launched a rent-to-own scheme for a limited number of homes in its West Yas community overlooking the natural mangroves that surround Yas Island

The scheme is expected to enable customers to build up their home equity over a five-year period while paying US$59896.10 in annual rent.

Commenting on this, Talal Al Dhiyebi, CEO of Aldar, said that the rent-to-own scheme is set to enable customers to build ownership in their homes over time and live in this community.

?The iconic Yas Island has become one of Abu Dhabi's most exciting destinations, attracting residents, tourists and investors alike,? Al Dhiyebi added.

The development offers a number of amenities and facilities including two schools, three mosques, sports facilities, retail centres, a community centre and more. The villa handovers were commenced in late 2018.

Residents of West Yas benefit from close proximity to Yas Mall and other facilities including Yas Waterworld, Yas Marina Circuit, Yas Marina, Yas Links, Ferrari World Abu Dhabi, du Arena and a range of F&B outlets.