Wednesday, October 20, 2021
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Aldar, an Abu Dhabi developer sells out its first off-plan release of 2021 in about 48 hours

Dubai: Aldar Properties’ Noya – Part 2 has done comparably well, with the Dh1.6 million or more homes selling out within 48 hours. In all, there were 480 units making up the second stage in what was the Abu Dhabi developer’s first off-plan release during the current year.

It was in November last that the main units of the Noya community on Yas Island were launched and turned into a moment hit.

Central to this market-leading sales performance is Aldar’s commitment to addressing current market demand and launching customer-centric products,” said Rashed Al Omaira, Chief Commercial Officer at Aldar Development. “As one of Abu Dhabi’s most vibrant destinations, Yas Island continues to attract a diverse pool of buyers looking for quality properties.”

For 63% of buyers, this was their first purchase of an Aldar property. Furthermore, 61% of the new delivery units were bought by UAE nationals. Similar to the first phase of Noya, 26% of purchasers are ladies, while 42% of all clients are under 40 years of age.

The handovers are expected to commence in early 2024.

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