Aldar sells over 660 residences at debut Dubai project
ABU DHABI, July 18, 2024
Abu Dhabi developer Aldar Properties has announced the sale of more than 660 units at Verdes by Haven - the apartment residence within the Haven by Aldar masterplan in Dubai – within 72 hours of its launch.
Haven by Aldar is the company’s first development in Dubai in partnership with Dubai Holding.
Announcing the key achievement, Aldar said it had generated over AED1 billion ($272 million) through its sales events. Construction work on the project is set to begin somewhere in the first quarter of 2025, it stated.
The Abu Dhabi developer pointed out that expats and overseas buyers make up 83% of sales, with Indian, Egyptian and British passport holders representing the top three international markets by sales volume.
The development also had strong uptake from UAE nationals, who account for the remaining 17% of sales.
Female buyers represent 28% of sales, with male buyers completing 72% of purchased units. 56% of buyers are under the age of 45, while first-time buyers of an Aldar property account for 88% of sales, highlighting the increasing scale of Aldar’s customer base in the UAE and abroad, it added.-TradeArabia News Service
