
DHB, Betterhomes unveil premium residential project in Abu Dhabi
DHB Group, a leading UAE-based real estate development company, has collaborated with Betterhomes, the manager of UAE's largest portfolio of private and commercial properties, for the launch of its latest masterpiece at Yas Bay - Opula Residences.
A premium residential development - Opula - is poised to leverage Yas Bay's growth trajectory. Its key features include prime coastal lifestyle with sweeping marine views.
It offers residents expansive sea vistas and immediate access to Yas Bay's vibrant promenade, enhancing both lifestyle appeal and rental potential.
The Emirati developer said Opula boasts a diverse unit mix featuring a selection of 1-4 bedroom simplexes, duplexes, penthouses and townhouses, thus catering to a broad spectrum of tenants and end-users.
It also has state-of-the-art facilities such as an infinity pool and modern fitness center attract premium tenants, supporting higher rental yields.
According to industry experts, as the emirate's real estate market continues to demonstrate resilience and diversity, Yas Bay emerges as a focal point for investors seeking substantial returns.
Yas Bay, a meticulously planned waterfront destination, is gaining prominence among investors.
While specific transaction data for Yas Bay is not separately disclosed, the broader Yas Island area, encompassing Yas Bay, has shown significant growth.
In 2024, Abu Dhabi's real estate sector recorded a 24.2% increase in transactions compared to the previous year, totaling AED96.2 billion across 28,249 transactions . This growth reflects the emirate's commitment to fostering a dynamic and investor-friendly environment.
"Abu Dhabi's real estate market continues to prove its resilience and upward trajectory. Based on what I've seen, developments like Opula offer a rare combination of long-term stability and high growth potential," said Wassim Abdallah, the Director of Development Sales and Consultancy at Betterhomes.
"Investor appetite is strong and growing, and those who invest now are well positioned to capitalise on this momentum," he added.
Abu Dhabi's real estate sector attracted over AED7.86 billion in foreign direct investment in 2024, a 125% increase from the previous year, with contributions from 2,302 investors across 105 countries. This surge underscores the global confidence in the emirate's property market.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Trade Arabia
3 hours ago
- Trade Arabia
Adnoc Gas awards $5bn contracts for key Abu Dhabi RGD project
Adnoc Gas, an integrated gas processing and sales company, has awarded key engineering, procurement and construction management (EPCM) contracts worth $5 billion for the first phase of its Rich Gas Development (RGD) project in Abu Dhabi, marking a key milestone in the company's largest-ever capital investment. These contracts involve expanding key processing units to increase throughput and improve operational efficiency across four Adnoc Gas Facilities - Asab, Buhasa, Habshan (Onshore), and the Das Island liquefaction facility (Offshore). The company intends to take final investment decisions (FID) on two additional phases of the RGD project at Habshan and Ruwais to enable the delivery of greater production capacity to meet growing market demands. The RGD project will enable the development of new gas reservoirs, which are key to boosting liquid gas exports, supporting gas self-sufficiency in the UAE, and providing essential feedstock to the country's growing petrochemical industry, it stated. According to Adnoc Gas, EPCM contracts have been awarded in three tranches for phase 1. The first tranche, valued at $2.8 billion, has been awarded to Wood for the Habshan facility. The remaining two tranches – $1.2 billion for the Das Island liquefaction facility and $1.1 billion for the Asab and Buhasa facilities – have been awarded to two consortia: Petrofac; and Kent, it stated On the new contracts, Adnoc Gas CEO Fatema Al Nuaimi said: "The FID and contract awards for the first phase of the Rich Gas Development project mark a significant milestone in our strategy to deliver +40% ebitda growth between 2023 and 2029." "This strategic investment is expected to deliver significant new value for our shareholders and enable continued sustainable growth for the company, our employees, and the UAE," she stated. Phase 1 of the RGD project focuses on optimising and debottlenecking existing gas assets while unlocking new and valuable gas streams. As part of Adnoc Gas' long-term strategy, which is focused on growth and futureproofing its business, the RGD project aligns with the company's vision to deliver important growth initiatives between 2025 and 2029, said Al Nuaimi.


Trade Arabia
11 hours ago
- Trade Arabia
Meraas unveils 754-unit Jumeirah residential towers project
Meraas, a member of Dubai Holding Real Estate, has announced the launch of Jumeirah Residences Emirates Towers, a bold new addition to the city's iconic skyline. Designed by acclaimed SCDA Architects, the development introduces a distinctive cantilevered architectural form that sets a new standard for sophisticated urban living. It boasts 754 branded residences - ranging from one-to-four-bedroom layouts - set across two distinctive towers. It offers views of the Museum of the Future and Downtown Dubai, with each residence crafted to ensure complete privacy, said the statement from Meraas. A private entrance beneath the striking cantilever leads to a grand double-height lobby, serene garden courtyard and lounge, establishing an immediate sense of refined luxury, it added. Meraas said the development's three exclusive sky terraces feature infinity-edge pools, landscaped lounges and open-air entertainment spaces, enhancing the towers' allure. Interiors showcase a palette of natural materials, including marble and wood, designed to reflect timeless elegance and elevated design, it stated. According to Meraas, residents will enjoy access to a comprehensive range of lifestyle and wellness amenities, including a state-of-the-art fitness centre with dedicated studios, an executive co-working lounge, a private cinema, a resort-style family pool, padel courts, a children's play zone and well-curated social and dining venues. Dubai Holding Real Estate CEO Khalid Al Malik said: "Jumeirah Residences Emirates Towers represents the evolution of Dubai's luxury living landscape, where world-class design meets unparalleled hospitality." "By integrating Jumeirah's legendary service standards with innovative architectural design, we are setting new benchmarks for premium residential offerings that reflect Dubai's position as a global destination of choice," he noted. "This project reaffirms Meraas' dedication to creating contemporary spaces that perfectly balance purposeful living with sophisticated comfort," he added. Al Malik said all residents will benefit from Jumeirah's luxury hospitality services, including access to bespoke wellness treatments, personal fitness coaching, 24-hour concierge services and vehicle management. Residents will also get to enjoy access to private chefs for exceptional dining experiences, supported by a dedicated team to deliver seamlessly executed events, he added. Jumeirah CEO Thomas B. Meier said: "Jumeirah Residences Emirates Towers marks the next chapter in our growth journey, showcasing the future of the Jumeirah brand through intentional design, mindful living and holistic wellbeing."


Trade Arabia
12 hours ago
- Trade Arabia
Driven Properties buys final Bulgari Lighthouse units for $77m
Driven Properties, a member of the Forbes Global Properties network, has announced that it has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island in Dubai for a combined amount of more than AED282 million ($77 million). The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED146.6 million, while the second, achieved AED136.25 million, said the company in a statement. Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown's skyline, it stated. The transactions were brokered by Driven | Forbes Global Properties' Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage's specialist team for ultra-high-end property. The duo is well known for setting several records in the area, from the highest price per sq ft, to the most expensive villa in Jumeirah Bay Island. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling, said the company. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market, it added. "Dubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence," remarked Allaoa. On the strategic deal, Darban said: "Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai."