Ohana Real Estate Development, a company known for creating luxury residential projects in the UAE, has reported unprecedented sales totaling 6 billion dirhams within just 72 hours for its “Manchester City Yas Residences” project. This residential community is located along the waterfront of Yas Canal in Abu Dhabi.
The project has attracted significant interest from investors, with 35% of them being Emirati nationals, while expatriates and international investors accounted for 65%. In response to this high demand, Ohana is expected to release additional units of the project in the near future.
Hussein Salem, CEO of Ohana Real Estate Development, expressed gratitude towards the UAE government and its leadership for fostering a stable and forward-thinking investment environment. He noted that these factors enhance the confidence of both investors and developers.
Salem stated, “The substantial demand and record sales achieved within just 72 hours demonstrate the level of trust that the project enjoys among investors both locally and internationally.”