The Canopies at Yas Point

The Canopies is the first residential community at Yas Point, the AED 6 billion waterfront district that Aldar unveiled in July 2026 on the northern shore of Yas Island. It has 592 apartments, from studios to three bedrooms, in six mid-rise buildings arranged around more than 20,000 sq m of landscaped open space, with a waterfront promenade, shops and restaurants. Aldar gives completion for the third quarter of 2030, and the project is under construction.

Aldar's community listing gave a starting price of AED 1,650,000 on 13 November 2026, with homes of 489 to 2,589 sq ft. It does not list individual units online, so availability has to be checked with its sales team. Property Finder shows launch prices of about AED 1.7 million for a studio, AED 2.2 million for one bedroom, AED 3.4 million for two and AED 5.5 million for three bedrooms. Those are rounded launch figures, not a current price list.

The plan published on Property Finder is 5% at launch, 50% during construction and 45% on handover. On an AED 1.65 million studio that leaves about AED 742,500 to pay in the third quarter of 2030, so a buyer relying on a mortgage should check eligibility for the unit size well before then. Shared facilities are practical rather than elaborate: two gyms, two pools, co-working lounges, a multipurpose room, a residents' lounge and shops and food outlets at ground level.

Yas Point itself is planned as a 600,000 sq m district with about 1,600 homes, a hotel, an international school, a 700 m promenade and the first beach on the island's north side. SeaWorld Abu Dhabi and Warner Bros. World are close by, and Sphere Abu Dhabi is planned nearby. Property Finder puts Yas Mall about five minutes away and Zayed International Airport about 15 minutes away.

The launch sold quickly: Aldar reported AED 1.5 billion of sales at the July 2026 launch, with 60% going to expatriate residents and overseas buyers. That suits an investor who wants a smaller apartment near the island's attractions, but it also means many owners will look for tenants at the same time in 2030, while the rest of Yas Point is still being built. Weigh rental assumptions with that in mind.