The Canopies at Yas Point
The Canopies is Aldar's park-centred community on the northern shore of Yas Island. Phase 1 sold about AED 1.5 billion in launch week; phase 2 is now on sale. You pay 5% on booking, 50% during construction and 45% on handover, expected in Q3 2030. Official prices start from AED 1.65 million.
An Aldar home at Yas Point with 5% to start, paid over four years.
The Canopies is Aldar's park-centred community on the northern shore of Yas Island. Phase 1 sold about AED 1.5 billion in launch week; phase 2 is now on sale. You pay 5% on booking, 50% during construction and 45% on handover, expected in Q3 2030. Official prices start from AED 1.65 million.
Pick a home. See what it costs.
Advertised starting prices by home type. Official floor plans are sent on request.
Advertised starting prices change between releases and are confirmed by the developer at booking. Drawings are approximate, not to scale and subject to change.
What you pay, and when.
On booking
In instalments
On handover
Does The Canopies at Yas Point by Aldar fit your budget?
Set your budget and goal. You get a straight answer, even when the answer is to look elsewhere.
Inside the community.
What the community offers.
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Tell us your budget and goal. You get a shortlist with real prices, usually within the hour.
Yas Point, northern shore of Yas Island, Abu Dhabi
- Yas Mall5 min
- Ferrari World7 min
- Yas Waterworld7 min
- Warner Bros. World8 min
- SeaWorld Abu Dhabi8 min
- Yas Marina Circuit10 min
- Etihad Arena and Yas Bay12 min
- Zayed International Airport15 min
- Saadiyat Island25 min
- Downtown Abu Dhabi30 min
- Dubai60 min
The numbers, including the uncomfortable ones.
Yas Island apartment prices, year to June 2026
Knight FrankEstimated gross yield, Yas apartments, H1 2026
Bayut, from asking pricesCanopies sales in phase 1 launch week
AldarPhase 1 buyers new to Aldar
AldarEntry price per sq ft
The entry price is above the area average per sq ft, so you are paying for the project, not the size.
| In Yas Island | From | Payment plan | Handover | Developer |
|---|---|---|---|---|
 The Canopies at Yas Point by Aldar | AED 1.65M | 55/45 | Q3 2030 | Aldar Properties |
 The Wadi by Reportage | AED 750K | 20/80 | Q4 2030 | Reportage Properties |
 Yas Riva Residences by Aldar | AED 1.35M | 65/35 | Q4 2029 | Aldar Properties |
 Manchester City Yas Residences by Ohana Development | AED 2M | 40/60 | Q4 2029 | Ohana Development |
Everything we know about The Canopies at Yas Point by Aldar.
The Canopies phase 2 in brief
The Canopies is Aldar's park-centred apartment community at Yas Point, the new waterfront district on the northern shore of Yas Island, Abu Dhabi. Phase 1 opened for sale on 29 July 2026 and Aldar reported about AED 1.5 billion of sales in launch week, with 84% of buyers new to Aldar. This page covers the second release.
Aldar's official phase 2 prices start from AED 1.65 million, with a 5% down payment, a 55/45 payment plan and handover expected in Q3 2030. Homes run from studios to three bedrooms with a maid's room and study, from about 46 to 184 sq m (495 to 1,981 sq ft).
Unit types and starting prices
| Type | From (AED) | Notes |
|---|---|---|
| Studio | 1,650,000 | From about 495 sq ft |
| 1 bedroom | 2,200,000 | Above the AED 2M Golden Visa line |
| 2 bedrooms | 3,400,000 | Largest share of phase 1 (188 homes) |
| 2 bedrooms + maid | 4,200,000 | With a maid's room |
| 3 bedrooms + maid + study | 5,500,000 | Up to about 1,981 sq ft |
Phase 1 had 592 homes in six mid-rise buildings: 156 studios, 130 one-bedrooms, 188 two-bedrooms, 72 two-bedrooms with a maid's room and 46 three-bedrooms. Prices are Aldar's official phase 2 starting prices; the final price depends on floor and view.
How much cash you need
The plan is 5% on booking, 50% in instalments during construction (agents describe five payments of 10% between January 2027 and May 2030) and 45% on handover. Abu Dhabi's 2% registration fee is due at booking unless Aldar waives it in an offer.
| Type | Booking 5% + 2% fee | Each 10% instalment | Paid before handover (55%) | Due at handover (45%) |
|---|---|---|---|---|
| Studio, AED 1.65M | 115,500 | 165,000 | 907,500 | 742,500 |
| 1 bedroom, AED 2.2M | 154,000 | 220,000 | 1,210,000 | 990,000 |
| 2 bedrooms, AED 3.4M | 238,000 | 340,000 | 1,870,000 | 1,530,000 |
| 3 bedrooms, AED 5.5M | 385,000 | 550,000 | 3,025,000 | 2,475,000 |
In plain words: a studio needs about AED 115,500 to reserve, then about AED 165,000 roughly every eight to ten months until 2030.
If your budget is AED 1.65 to 2.5 million
A budget of AED 1.65 to 2 million buys a studio. At AED 2.2 million or more you reach a one-bedroom, which also clears the AED 2 million property value used for the UAE Golden Visa. If you need a one-bedroom on Yas Island for less, The Wadi by Reportage on Yas Canal has advertised one-bedrooms from about AED 1.8 million with only 20% paid before handover, but it is a different developer and a different location.
Is The Canopies good for capital appreciation?
Three things work for it: Aldar is Abu Dhabi's largest developer, the first release sold quickly, and Yas Point is planned around a beach, a 700 m promenade, a marina, a five-star hotel and an international school that do not exist yet. Yas Island apartment prices rose about 18% in the year to June 2026 (Knight Frank).
Two things work against it. The studio entry price of about AED 3,330 per sq ft is above the Yas Island average of about AED 2,390, so part of what you pay is for the brand and the masterplan. And Yas Island has the biggest pipeline Knight Frank tracked, about 7,700 homes due by 2030, plus around 1,600 more homes planned in Yas Point itself. Growth is never guaranteed.
Rental income
There is no rent until handover, expected in Q3 2030. Yas Island apartments showed an estimated gross yield of about 5.9% in the first half of 2026 (Bayut, from asking prices). Because The Canopies costs more per sq ft than the island average, plan on a lower yield than that average unless new park-front homes rent at a premium. Aldar has not published the service charge yet, so ask for it before you compare yields.
Who The Canopies suits
- End users who want a quiet, garden-led Aldar community near Yas Island's attractions.
- Buyers who prefer to spread payments: 55% over about four years instead of a large lump sum.
- Golden Visa buyers looking at a one-bedroom or larger above AED 2 million.
- Long-term investors who can wait until after 2030 for rent.
It suits less well if you need rental income now, or if your goal is the lowest price per sq ft on the island.
Location
Yas Point covers about 600,000 sq m on the northern shore of Yas Island, near the planned Disneyland Abu Dhabi and Sphere Abu Dhabi. Approximate drive times: Yas Mall 5 minutes, Ferrari World and Yas Waterworld 7, Warner Bros. World and SeaWorld 8, Yas Marina Circuit 10, Etihad Arena and Yas Bay 12, Zayed International Airport 15, Saadiyat Island 25, Downtown Abu Dhabi 30 and Dubai about an hour.
Community and amenities
The buildings sit around a central park with shaded walkways. Named spaces include The Canopy Club residents' lounge, The Puddles resort-style pools with a splash pool for young children, The Charge gym, The Clearing pavilion for yoga and tai chi, The Retreat wellness room, The Hub co-working space, The Picnic outdoor kitchen, The Escape digital-detox room and The Afterglow light garden. The wider Yas Point plan adds a public beach, a marina and yacht club, dining and retail.
Check these before you pay
- The floor and view of your unit, and whether the 2% fee waiver applies.
- The exact instalment dates in your sales and purchase agreement.
- The estimated service charge per sq ft.
- Aldar's rules for reselling before handover, and how much must be paid first.
- How you will fund the 45% at handover: savings or a mortgage pre-approval.
Project number 20260000984746. VIP Properties, ADM licence 202400311159.
Asked the way you would ask it.
Frequently asked questions
My budget is AED 1.7 million. What can I buy at The Canopies on Yas Island?
A studio. Aldar's official phase 2 studios start from AED 1.65 million, and you also pay the 2% registration fee of about AED 33,000 at booking unless Aldar is waiving it. A one-bedroom starts at AED 2.2 million. The final price depends on floor and view.
Which Abu Dhabi off-plan project is best for capital appreciation with AED 2 to 2.5 million?
There is no guaranteed winner, but at this budget The Canopies gives you an Aldar one-bedroom in a new Yas Island district whose beach, marina, hotel and school are still to come. The trade-off is a price per sq ft above the Yas average. Compare it with other Yas and Saadiyat launches on cash needed before handover, price per sq ft and handover date before you choose.
What is the latest Aldar launch on Yas Island?
The Canopies at Yas Point. Phase 1 opened on 29 July 2026 and sold about AED 1.5 billion in launch week. Phase 2 is now on sale with official prices from AED 1.65 million.
How much do I need to pay before handover at The Canopies?
55% of the price: 5% on booking and 50% in instalments during construction, described by agents as five payments of 10% between January 2027 and May 2030. On a AED 1.65 million studio that is about AED 907,500, plus the 2% fee, before you receive the keys.
Can I get a mortgage for the 45% at handover?
Usually yes. Most buyers take a mortgage when the building is complete. UAE residents can typically borrow up to 80% of the value on a first home under AED 5 million and non-residents about 50 to 60%, subject to the bank's valuation at handover. Getting a pre-approval in 2029 is sensible.
What rental yield can I expect at The Canopies?
No rent before handover in Q3 2030. Yas Island apartments averaged an estimated gross yield of about 5.9% in the first half of 2026 (Bayut, from asking prices). The Canopies costs more per sq ft than the island average, so expect less than that unless new park-front homes rent at a premium. The service charge has not been published yet.
Does buying at The Canopies qualify me for a UAE Golden Visa?
A property worth AED 2 million or more can qualify an owner for the 10-year Golden Visa, so one-bedrooms and larger are above the line and studios are below it. Off-plan homes from approved developers can count, but conditions such as the amount paid change from time to time, so check current ICP rules before relying on it.
Can a foreigner or someone living outside the UAE buy at The Canopies?
Yes. Yas Island is a freehold investment zone, so buyers of any nationality can own outright. Phase 1 buyers were 60% expatriates and overseas buyers, led by the UK, India and Egypt. You can reserve remotely with a passport copy and the booking payment.
Is The Canopies a good choice for a family?
It is designed for it: a central park, a splash pool for young children, a kids' room and an international school planned within Yas Point. Families usually look at the two-bedroom from about AED 3.4 million or the two-bedroom with a maid's room from about AED 4.2 million.
Where exactly is Yas Point, and how far is it from the airport and the city?
On the northern shore of Yas Island, near the planned Disneyland Abu Dhabi and Sphere Abu Dhabi. It is about 15 minutes to Zayed International Airport, 5 minutes to Yas Mall, 30 minutes to downtown Abu Dhabi and about an hour to Dubai.
What are the main risks of buying off-plan at The Canopies?
Handover could move beyond 2030. You pay 55% before any rent. The entry price per sq ft is above the Yas Island average. Yas Island has a large pipeline of about 7,700 homes due by 2030, plus about 1,600 planned in Yas Point. A fall in prices hits buyers who must sell before handover hardest.
Can I sell my unit at The Canopies before handover?
Developers including Aldar normally allow resale before handover once a set share of the price has been paid, and charge a transfer fee. Ask for the exact threshold and fee in your sales agreement before you book if you plan to flip.
What other costs should I budget for?
The 2% Abu Dhabi registration fee at booking (unless waived), mortgage arrangement and valuation fees if you borrow, the annual service charge after handover, and furnishing if you plan to rent. Buying through VIP Properties at the developer's price adds no extra commission.
The Canopies or The Wadi on Yas Island: which is better?
They suit different buyers. The Canopies is Aldar, park-centred, studios from about AED 1.65 million, with 55% paid before handover. The Wadi by Reportage on Yas Canal starts lower, with studios advertised from about AED 750,000 and only 20% before handover, but 80% is due at handover. Choose on budget, cash flow and developer preference.
How is phase 2 different from phase 1?
Phase 2 is the next release in the same community, with the same 5/50/45 payment plan and handover expected in Q3 2030. Aldar's official phase 2 prices start from AED 1.65 million for a studio, AED 2.2 million for a one-bedroom, AED 3.4 million for a two-bedroom, AED 4.2 million for a two-bedroom with a maid's room and AED 5.5 million for a three-bedroom. Ask us which floors and views are still available.
When will The Canopies be ready, and what is the project number?
Aldar gives an estimated handover in 2030 and listings state Q3 2030. The project number registered for The Canopies is 20260000984746.
Who is building it
Aldar Properties is the developer of The Canopies at Yas Point by Aldar. Ask for the sale agreement and the project's escrow account details before you pay.
Last updated 11 November 2026. General information, not financial advice. Prices, plans and handover dates can change.
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