The Canopies at Yas Point by Aldar: Prices, Payment Plan and Who It Suits
The Canopies is Aldar's first apartment launch at Yas Point on Yas Island. Here are the prices by unit type, how the 55/45 payment plan works and who the project suits.
The Canopies at Yas Point by Aldar: Prices, Payment Plan and Who It Suits
The Canopies is the first apartment launch at Yas Point, Aldar's new waterfront district on the northern shore of Yas Island in Abu Dhabi. It combines studios and family apartments with a large landscaped park, a short drive from Yas Island's theme parks, Yas Mall and Yas Marina Circuit. This guide covers the prices, the payment plan and who The Canopies suits best.
The Canopies at a glance
- Developer: Aldar
- Location: Yas Point, Yas Island, Abu Dhabi
- Homes: 592 apartments in six mid-rise buildings, from studios to 3 bedrooms
- Sizes: 495 to 1,981 sq ft
- Starting price: from about AED 1.65 million
- Payment plan: 55/45
- Handover: Q3 2030
- Ownership: freehold, open to all nationalities
Prices by apartment type
- Studio: from about AED 1.65 million
- 1 bedroom: from about AED 2.2 million
- 2 bedrooms: from about AED 3.4 million
- 2 bedrooms with maid's room: from about AED 4.2 million
- 3 bedrooms with maid's room and study: from about AED 5.5 million
Prices depend on the building, floor and view, and change between releases, so always ask for the latest price list.
How the 55/45 payment plan works
You pay 5% on booking, then 50% in instalments while the buildings go up, and the final 45% on handover in Q3 2030. On a 1-bedroom apartment at AED 2.2 million, that is about AED 1.21 million during construction and AED 990,000 on completion. Many buyers cover the handover payment with a mortgage. Our guide to off-plan payment plans and mortgages in Dubai and Abu Dhabi explains how to plan for it.
What makes Yas Point different
Yas Point is a 600,000 m² district planned by Aldar on Yas Island's northern shore, with around 1,600 homes, a public beach, a waterfront promenade, a marina, a hotel and an international school. The Canopies sits at its heart, with more than 10,000 m² of gardens and a central park, plus a residents' club, pools, a gym and play areas. Read more in our article on Yas Point, Aldar's waterfront destination on Yas Island.
Location
Yas Mall, Yas Marina Circuit, Ferrari World, Warner Bros. World and SeaWorld are all a few minutes' drive away. Zayed International Airport is around 15 minutes by car, central Abu Dhabi about 30 minutes and Dubai about an hour.
Who The Canopies suits
- Investors looking at studios and 1-bedrooms, with rental demand from Yas Island's leisure, hotel and events district
- Families who want a 2 or 3-bedroom home with a park, a beach and a planned school close by
- International buyers, as Yas Island is freehold and an apartment from AED 2 million can qualify for the UAE Golden Visa, subject to the usual conditions
Frequently asked questions
Who is the developer of The Canopies?
The Canopies is developed by Aldar, as part of its Yas Point master plan on Yas Island.
What is the starting price of The Canopies?
Studios start from about AED 1.65 million and 1-bedroom apartments from about AED 2.2 million.
What is the payment plan?
It is 55/45: 5% on booking, 50% during construction and 45% on handover.
When is the handover?
Handover is scheduled for Q3 2030.
Can foreigners buy at The Canopies?
Yes. Yas Island is a freehold area open to buyers of all nationalities.
See floor plans and availability
View the photos, unit types and payment plan on our The Canopies at Yas Point listing, or speak to a NUVÉ advisor about current availability.
