Bonyan International Investment Group, one of the leading real estate companies in the Middle East, has said it has sold the majority of its Dh3.5 billion ($953 million) ‘Eye of Ajman’ community development and that it has completely sold out the Dh5 billion ‘Sama Al Jaddaf’ project.

The company said it has also generated a record return on investment (ROI) for its investors across all of its residential and commercial developments in the UAE.

Bonyan's projects offer optimum business potential with their strategic locations and unique selling points (USPs), while the booming real estate market and the passing of new real estate laws in the country are also factors that are driving high rates of return.

Investors, the company said, have benefited particularly from the 'Sama Al Jaddaf' community project, a 215-plot master development located in the Al Jadaf area in Dubai.

Al Omran Real Estate Development, a leading Kuwait-based property developer, investment house, and publicly owned company, signed a sales and purchasing agreement and purchased several plots within the ‘Sama Al Jaddaf’ project last year.

In a span of less than a year, Al Omran’s investment has generated over 30 per cent ROI from real estate projects offered by Bonyan.

Further, as billions of dirhams continue to be channelled into the emirate's property market, developers and investors are rushing to capitalise on the emirate's growing real estate sector.

Majed Nasser Al Kimlass, general manager, Al Omran Real Estate Development, said: "Bonyan International Investment Group offers one of the highest ROI among developers, which makes it a popular choice for local, regional and international investors seeking high-yielding investment opportunities.

"Moreover, Bonyan is widely recognised for taking special care of its clients, a very important attribute that has endeared the company even more to the public.

"Bonyan's high-profile community development projects are strategically located and are conceptualised based on the company's keen understanding of the regional and local markets."

The growth in the real estate sector in Dubai shows no sign of reversing its upward trend with the growing demand generated by a steadily increasing population being touted as a key driver of this growth.

Dubai Municipality statistics indicate a 5.56 per cent population growth rate per annum since 1992, while Dubai's perimeters are expanding at an average of 6.2 per cent every year due to new construction projects.

All of Bonyan's projects are based on the company's core values of trust, commitment, and high ROI.

The company believes the market is gearing up for another cycle of intense activity; as such, Bonyan is aiming to cater to first-time homebuyers into Dubai, Abu Dhabi and Ajman real estate market, as well as investors looking to complement existing assets.

"Our dedicated efforts to deliver projects, which offer a high return on investment for our customers is part of our commitment to meet clients' expectations.

"In addition to satisfying our customers' demands in terms of timely delivery and high construction standards, it is also our primary concern to maintain an insightful market outlook to help us foresee new growth opportunities.

"We have already identified potential projects and areas across the UAE, and our focus now is to leverage the favourable investment and business atmosphere to deliver more projects in the booming real estate sector not just in the UAE but in the region," said Abdullah Atatreh, chairman, Bonyan International Investment Group.

With a clear objective to become one of the top five developers across the region, Bonyan has pioneered one of the first towers for long-term lease in Sharjah and was responsible for building a number of luxury residential and high profile commercial developments in the UAE, Q