Aldar reported that 65 percent of buyers were under the age of 45

Aldar announced that Manarat Living III, the final phase of its urban collection on Saadiyat Island, sold out in 24 hours, generating AED 940 million in sales.

The demand reflects the interest in Saadiyat Island as a residential location. The project features 400 homes with outdoor and community spaces.

UAE nationals accounted for 28 per cent of sales, while expatriate residents and overseas buyers made up 72 per cent. The top four international buyers by sales volume were from the UAE, Jordan, China, and the UK.

Aldar reported that 65 per cent of buyers were under the age of 45. First-time buyers of an Aldar property represented 57 per cent of sales.

Manarat Living III is positioned as the most elevated proposition within the Manarat Living collection, offering enhanced amenities and premium features.

Read more: https://www.arabianbusiness.com/industries/real-estate/abu-dhabi-real-estate-aldars-manarat-living-iii-sells-out-in-24-hours-generates-255mn