Aldar’s first residential group in Dubai achieves outstanding sell-out

Aldar Properties has introduced the profitable sell-out of the primary two phases of its first residential improvement in Dubai – Haven by Aldar.

After launching 468 items within the first part, they launched an extra 318 items within the second part resulting from “remarkable demand”.

In complete, Aldar offered 786 villas and townhouses on the improvement, producing over AED 3.1 billion in gross sales.

Overseas and expatriate resident patrons accounted for 77 per cent of gross sales, whereas UAE nationals made up the remaining 23 per cent of gross sales at Haven. 

First-time patrons of an Aldar property account for 85 per cent of gross sales, whereas 51 per cent of all patrons had been underneath the age of 45.

The last part of Haven, which incorporates additional villas, townhouses, and residences, will launch on the market to patrons of all nationality in early 2024.

Haven is the primary of three new residential communities to be developed in Dubai as a part of a three way partnership between Aldar and Dubai Holding, a diversified international funding firm with a presence in over 13 nations.

Commenting on the gross sales efficiency, Rashed Al Omaira, Chief Commercial Officer at Aldar Development, stated: “We are thrilled to see the outstanding response to our inaugural residential group in Dubai, which confirms our long-held perception that new residential ideas are desired within the emirate by each native and worldwide patrons.

“Haven’s successful sell-out is testament to Aldar’s track record in delivering high-quality developments, complemented by Dubai’s reputation as an ideal destination for long-term residence.”

Haven is a premier residential group rooted in nature and wellness that can supply an unique retreat from the hustle and bustle of metropolis life. Construction of the primary part of the event is because of start in Q2 2024 with handovers anticipated in Q3 2027.