Over $490 million in revenue is generated by Aldar’s sale of ‘AL Deem’ townhomes to UAE nationals

Over $490 million in revenue is generated by Aldar's sale of 'AL Deem' townhomes to UAE nationals

Today, Aldar declared that all 450 townhomes at Al Deem, the thriving new Emirati neighborhood northeast of Yas Island, had sold out.

The enormous demand for Al Deem, with sales exceeding AED1.8 billion, confirms Emirati families’ desire for premium, family-oriented communities and Aldar’s ongoing commitment to providing homes that meet the needs of all Abu Dhabi residents.

According to Al Deem, men made up 68% of all purchases, with women making up the remaining 32%. Recurring customers account for 44% of revenues, while 56% of purchases are first-time Aldar clients. 64 percent of buyers are under 45, and 63 percent of all buyers want to live in Al Deem. Eighty-four percent of purchasers live in Abu Dhabi, while the remaining sixteen percent live in other United Arab Emirates.

The residential units in the Al Deem townhomes come in a range of sizes and were thoughtfully built to blend contemporary living ideas with traditional Emirati traditions. These include 26 unique live-work residences that blend residential and commercial space, providing entrepreneurs and creatives with the freedom to run cafés, art studios, and boutique companies in the neighborhood.

The live-work residences, a novel idea in the United Arab Emirates, attracted a lot of interest from purchasers, underscoring the need for creative housing options that encourage entrepreneurial lifestyles.

Al Deem, which is part of a master community that has been carefully designed, offers its people a variety of facilities, such as a mosque, schools, a health center, a community center, parks, and shops.

In addition, two new bridges will link Al Deem and Yas Island immediately, providing easy access to top-notch dining options, entertainment, and recreational opportunities. Zayed International Airport, Abu Dhabi, and Dubai will also be close by.

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