16 Hrs
Source:
اقتصاد سكاي نيوز عربية
Dar reports $1.4B from Talai and Yas Reva
The Emirates-based Dar Al Arkan Real Estate Company achieved sales exceeding 5 billion dirhams (approximately $1.4 billion) following the launch of its "Talay" and "Yas Reva Reserve" projects in Abu Dhabi. This comes amid ongoing demand for residential developments, especially those located along waterfronts in Saadiyat Island and Yas Island. "Talay" is the first residential complex in Saadiyat Marina, while "Yas Reva Reserve" is a new waterfront residential community in Yas Island, featuring designs and spaces tailored to meet the needs of families and modern living. Early buyers comprised 54% of the total purchasers, with 31% of them being Emirati nationals. International buyers accounted for 69%, with men making up 70% of sales, and those under 45 years old representing 55%. These results confirm the market’s confidence in Abu Dhabi as a leading destination for living and investment. They also highlight the importance of projects offering comprehensive waterfront living experiences, with an anticipated capacity to host over 58,000 residents upon full development.
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