$216,499

Listing currency: AED 795,200

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Abu Dhabi, United Arab Emirates

Aldar Properties, Abu Dhabi?s biggest listed developer, has said it sold out three buildings within 24 hours in the first phase of its latest sustainability-focused Gardenia Bay project in the emirate. About 23 per cent of sales were completed by non-resident buyers, while foreign residents and Emiratis accounted for 40 per cent and 37 per cent of sales, respectively, Aldar said in a statement on Friday to the Abu Dhabi Securities Exchange, where its shares are traded. The company said almost 71 per cent of all buyers were under the age of 45, highlighting Gardenia Bay?s appeal to a younger generation. Gardenia Bay is a new residential community on Yas Island that focuses on sustainability and well-being. The construction of phase one of the project will begin in the first quarter of next year, with handovers expected in the second quarter of 2027, the company said in an earlier filing to the ADX.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 1
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Home size: 484 ft2 / 44.96 m2
  • MLS: AP507013S
  • Status: Active Under Contract
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Property brokered by

Betterhomes LLC

+971 4 408 1000

Presented by Alexander John Rolls

  • +971 52 153 6936

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