THE WADI by Cosmo Developments at a glance
Cosmo Developments, a joint venture of Flag Holding Group and Reportage Group, launched THE WADI on Yas Canal in September 2026. It is a AED 6 billion community of 3,950 homes built around a landscaped valley. Phase 1 handover is reported for Q4 2030.
| Developer | Cosmo Developments, a joint venture of Flag Holding Group and Reportage Group |
| Location | Yas Canal, Yas Island, Abu Dhabi |
| Value | About AED 6 billion |
| Homes | 3,950, from studios to 4 bedroom |
| Plot | About 140,700 square metres |
| Phase 1 handover | Q4 2030 |
| Price | Khaleej Times reported Phase 1 studios from about AED 850,000. No official price list published |
| Payment plan | Not yet published by the developer |
Launch
Khaleej Times reported that sales opened on 18 September 2026 and that around 350 Phase 1 homes sold within hours, with Phase 1 studios sold out. Reports of Phase 1 size differ: The National gives 530 homes in buildings E1 and E2, Khaleej Times gives about 700.
Amenities
- Central landscaped valley with native planting and water features
- Waterfront and yacht marina
- Running and cycling paths
- Tennis, gyms and spa facilities
- Children’s areas, restaurants and retail
- Planned hotel
Location
THE WADI sits at the entrance to Yas Island. Sources give about 5 minutes to Zayed International Airport, 9 minutes to Ferrari World and 23 minutes to central Abu Dhabi.
What has not been published
- Official price list and payment plan
- Unit sizes
- Architect
- Hotel operator
Frequently asked questions
How big is THE WADI?
3,950 homes on about 140,700 square metres along Yas Canal, valued at about AED 6 billion.
When is the handover?
Phase 1 handover is reported for Q4 2030.
Speak to Cresco Real Estate about THE WADI by Cosmo Developments
Cresco Real Estate is a RERA registered brokerage in Dubai, ORN 34288. Register your interest and we will send the official price list, payment plan and floor plans as soon as the developer releases them. Call us on 1-833-CRESCO-6 or send us your requirement.
Facts on this page come from the developer and published reports, checked 18 October 2026: zawya.com · khaleejtimes.com · thenationalnews.com. Where the developer has not published a figure, we say so rather than estimate it.
More about Yas Island
Read the Cresco area guide to Yas Island. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Yas Island area guide
You may also want to read work out the rental yield.
What Abu Dhabi actually registered
In the first half of 2026, Yas Island recorded AED 7.3 billion in residential sales. That figure is published by the Abu Dhabi Real Estate Centre, the regulator that registers every transaction in the emirate.
Across Abu Dhabi, residential sales reached AED 70.4 billion in the first half of 2026, against AED 25.3 billion in the same period a year earlier. Off plan took 89 per cent of that value and 82 per cent of the deals. In the ready market, 61 per cent of purchases completed in cash.
Rents are moving faster than most buyers expect. New lease prices rose 17 per cent year on year for apartments and 9 per cent for villas. Inside the investment zones, where a foreign buyer can own freehold, those figures are 21 per cent and 16 per cent. On repeat sales, the same apartment resold 20 per cent higher and the same villa 12 per cent higher.
The emirate holds 233,000 active lease contracts worth AED 9.3 billion, up 8 per cent. Supply stands at about 409,000 homes with a further 71,000 expected by 2030, peaking in 2028 at roughly 21,800 units. That pipeline is the number to weigh against the rent growth above, because it is what eventually answers it.
Where this comes from, and what it does not yet tell you. Every figure on this page is from the Abu Dhabi Real Estate Market Report H1 2026, published by ADREC on 18 August 2026. It is district level and half yearly, so it is not the unit level record we publish for Dubai communities. We have applied for direct ADREC data access and will publish Abu Dhabi at the same depth as Dubai once it is granted. We would rather tell you the limit of what we know than dress a half year figure up as something finer.
