Listen to the article
Nord Real Estate Development has officially launched Novayas, a modern mixed-use project valued at approximately AED 300 million in Abu Dhabi. The new development represents a significant addition to the emirate’s growing real estate landscape, combining sophisticated architecture with lifestyle-focused design and long-term investment value in one of Abu Dhabi’s most sought-after locations.
Novayas is strategically positioned just steps away from the upcoming Disneyland project and minutes from Ferrari World and other prominent Yas Island landmarks, according to the developer. The project offers seamless access to both Abu Dhabi and Dubai city centers, enhancing its appeal to end-users and investors seeking residential assets in prime locations.
Strategic Location Drives Abu Dhabi Real Estate Investment Appeal
The mixed-use development sits approximately 300 meters from the anticipated Disneyland Abu Dhabi project, positioning residents within walking distance of world-class entertainment facilities. Additionally, the proximity to Ferrari World and other Yas Island attractions ensures daily convenience and easy mobility between the emirate’s most exciting destinations.
This strategic placement within Abu Dhabi’s real estate market makes Novayas particularly attractive for both residential living and investment purposes. The location guarantees residents access to leisure, entertainment, and business hubs across the capital and neighboring Dubai.
Diverse Residential Units and Commercial Spaces
The project comprises 96 residential units alongside dedicated commercial spaces, offering varied accommodation options. Studios measure 41 square meters, while one-bedroom apartments span 75 square meters, according to the development specifications.
Two-bedroom units offer 120 square meters of living space, and three-bedroom apartments with maid’s rooms extend to 305 square meters. The development is crowned by an exclusive four-bedroom penthouse with helper’s quarters on the eighth floor.
Flexible Payment Plan Enhances Market Accessibility
Novayas is offered on a freehold basis with prices starting at AED 1.25 million. The developer has structured a payment plan requiring 40 percent during the construction phase and 60 percent upon handover, making the Abu Dhabi property development more accessible within the competitive Yas Island market.
However, this payment structure aims to attract a broader range of buyers and investors looking to capitalize on the growing demand for residential property in Abu Dhabi. The flexible terms reflect current market trends favoring installment-based acquisition models.
Developer Vision for Sustainable Communities
Maher Al Rahbi, CEO of Nord Real Estate Development, stated that Novayas reflects the company’s vision of creating residential communities that harmonize with lifestyle preferences while delivering sustainable long-term value. Meanwhile, he emphasized that as Yas Island continues establishing itself as one of Abu Dhabi’s most attractive destinations, the project responds to this momentum through upscale living and thoughtful design quality.
Al Rahbi noted that the development’s proximity to entertainment venues opens unlimited possibilities for exceptional experiences that become part of daily life. In contrast to standard residential offerings, Novayas combines location advantages, design excellence, and investment potential to establish itself as a desirable residential address.
Nord Strengthens Position in Property Development Sector
With the launch of Novayas, Nord Real Estate Development continues reinforcing its position as a developer celebrating design excellence. The company focuses on delivering residential projects aligned with market expectations in strategic locations that guarantee sustainable long-term value.
The mixed-use development joins Abu Dhabi’s expanding portfolio of lifestyle-oriented real estate projects catering to the emirate’s evolving demographic and economic landscape. Additionally, the project underscores growing investor confidence in Yas Island as a premium residential and commercial destination.
Construction timelines and completion dates for the Novayas project have not been officially confirmed. Further details regarding project milestones and handover schedules are expected to be announced as development progresses.
