Latest news with #NabilGholam
ARN News Center
05-03-2025
- Business
- ARN News Center
Aldar sells out first phase of ‘The Wilds,' generating AED 5 billion at launch
Aldar Properties has announced it has sold-out of the first phase of 'The Wilds', the developer's third project in Dubai, in partnership with Dubai Holding The milestone generated AED 5 billion through a series of local and international sales events, solidifying Aldar's position as a leading player in Dubai's real estate market. In the first phase, 734 villas were sold, including three, four, and five bedroom homes. The development, offers a tranquil sanctuary that blends modern living with eco-friendly design, appealing to residents seeking a peaceful environment surrounded by nature. 92 per cent of sales were made to expatriate residents and overseas buyers, underscoring Dubai's status as a global hub for both long-term residency and investment. The top three nationalities driving sales were from India, China, and the UK, reflecting the city's international appeal. Additionally, 52 per cent of buyers were under the age of 45, indicating that The Wilds is resonating strongly with younger, family-oriented buyers who prioritise wellness and outdoor living. 85 per cent of sales were made to first-time Aldar property buyers, signaling a growing trust and expanding customer base in the Dubai market. Group Chief Executive Officer at Aldar, Talal Al Dhiyebi, commented, 'The Wilds' success is a milestone moment for Aldar as we continue to grow our footprint in Dubai. With AED 5 billion confirmed in sales, this development marks our most successful launch in terms of value and highlights Dubai's attractiveness as one of the world's foremost destinations to both invest and reside. As a long-term investor in the emirate, we will capitalise on its growing economy, rising population, and our strong customer insights to ensure we remain a market leader for years to come.' In the next phase, Aldar will launch a range of luxurious five and six bedroom mansions designed by the renowned Lebanese architect Nabil Gholam, as well as one-to-three bedroom apartments that will overlook a masterplan inspired by the beauty of Mother Nature.
Dubai Eye
05-03-2025
- Business
- Dubai Eye
Aldar sells out first phase of ‘The Wilds,' generating AED 5 billion at launch
Aldar Properties has announced it has sold-out of the first phase of 'The Wilds', the developer's third project in Dubai, in partnership with Dubai Holding The milestone generated AED 5 billion through a series of local and international sales events, solidifying Aldar's position as a leading player in Dubai's real estate market. In the first phase, 734 villas were sold, including three, four, and five bedroom homes. The development, offers a tranquil sanctuary that blends modern living with eco-friendly design, appealing to residents seeking a peaceful environment surrounded by nature. 92 per cent of sales were made to expatriate residents and overseas buyers, underscoring Dubai's status as a global hub for both long-term residency and investment. The top three nationalities driving sales were from India, China, and the UK, reflecting the city's international appeal. Additionally, 52 per cent of buyers were under the age of 45, indicating that The Wilds is resonating strongly with younger, family-oriented buyers who prioritise wellness and outdoor living. 85 per cent of sales were made to first-time Aldar property buyers, signaling a growing trust and expanding customer base in the Dubai market. Group Chief Executive Officer at Aldar, Talal Al Dhiyebi, commented, 'The Wilds' success is a milestone moment for Aldar as we continue to grow our footprint in Dubai. With AED 5 billion confirmed in sales, this development marks our most successful launch in terms of value and highlights Dubai's attractiveness as one of the world's foremost destinations to both invest and reside. As a long-term investor in the emirate, we will capitalise on its growing economy, rising population, and our strong customer insights to ensure we remain a market leader for years to come.' In the next phase, Aldar will launch a range of luxurious five and six bedroom mansions designed by the renowned Lebanese architect Nabil Gholam, as well as one-to-three bedroom apartments that will overlook a masterplan inspired by the beauty of Mother Nature.
Al Bawaba
05-03-2025
- Business
- Al Bawaba
Aldar Sells Out First Phase Of ‘The Wilds' Generating Aed 5 Billion At Launch
Aldar has completed the sell-out of the first phase of 'The Wilds' generating AED 5 billion through a series of local and international sales events. In the initial phase, Aldar launched the community's three-, four-, and five-bedroom villas with 734 homes sold. A unique community, The Wilds is designed to let residents and nature thrive together and is Aldar's third development in Dubai in partnership with Dubai Holding. The community attracted a wide range of customers with expatriate residents and overseas buyers accounting for 92% of sales, highlighting Dubai's position as a global destination for both long-term residency and investment. Buyers from India, China, and the UK make up the top three nationalities by sales volume at The Wilds. 52% of buyers are under the age of 45, indicating a strong demand for wellbeing and family-oriented lifestyles, perfectly aligned with The Wilds' tranquil oasis of greenery and wildlife. First-time buyers of an Aldar property account for 85% of sales, highlighting the increasing scale of Aldar's customer base and reputation in Dubai. Commenting on the sales performance, Talal Al Dhiyebi, Group Chief Executive Officer at Aldar, said: 'The Wilds' success is a milestone moment for Aldar as we continue to grow our footprint in Dubai. With AED 5 billion confirmed in sales, this development marks our most successful launch in terms of value and highlights Dubai's attractiveness as one of the world's foremost destinations to both invest and reside. As a long-term investor in the emirate, we will capitalise on its growing economy, rising population, and our strong customer insights to ensure we are a market leader for years to come.' In total, The Wilds features almost 1,700 homes surrounded by eco corridors and green spaces that provide privacy within nature. In the next phase of The Wilds, Aldar will launch five- and six-bedroom mansions designed by world renowned Lebanese architect, Nabil Gholam, as well as one- to three-bedroom apartments overlooking a masterplan inspired by Mother Nature.
Zawya
05-03-2025
- Business
- Zawya
Aldar sells out first phase of The Wilds generating AED 5bln at launch
Expatriate residents and overseas buyers account for 92% of sales Buyers from India, China, and the UK make up the top three nationalities by sales volume 52% of buyers are under the age of 45, indicating a strong demand for family and community-oriented developments In the final phases, Aldar will launch five- and six-bedroom mansions, as well as one- to three-bedroom apartments overlooking a masterplan inspired by Mother Nature Dubai, UAE: Aldar has completed the sell-out of the first phase of 'The Wilds' generating AED 5 billion through a series of local and international sales events. In the initial phase, Aldar launched the community's three-, four-, and five-bedroom villas with 734 homes sold. A unique community, The Wilds is designed to let residents and nature thrive together and is Aldar's third development in Dubai in partnership with Dubai Holding. The community attracted a wide range of customers with expatriate residents and overseas buyers accounting for 92% of sales, highlighting Dubai's position as a global destination for both long-term residency and investment. Buyers from India, China, and the UK make up the top three nationalities by sales volume at The Wilds. 52% of buyers are under the age of 45, indicating a strong demand for wellbeing and family-oriented lifestyles, perfectly aligned with The Wilds' tranquil oasis of greenery and wildlife. First-time buyers of an Aldar property account for 85% of sales, highlighting the increasing scale of Aldar's customer base and reputation in Dubai. Commenting on the sales performance, Talal Al Dhiyebi, Group Chief Executive Officer at Aldar, said: 'The Wilds' success is a milestone moment for Aldar as we continue to grow our footprint in Dubai. With AED 5 billion confirmed in sales, this development marks our most successful launch in terms of value and highlights Dubai's attractiveness as one of the world's foremost destinations to both invest and reside. As a long-term investor in the emirate, we will capitalise on its growing economy, rising population, and our strong customer insights to ensure we are a market leader for years to come.' In total, The Wilds features almost 1,700 homes surrounded by eco corridors and green spaces that provide privacy within nature. In the next phase of The Wilds, Aldar will launch five- and six-bedroom mansions designed by world renowned Lebanese architect, Nabil Gholam, as well as one- to three-bedroom apartments overlooking a masterplan inspired by Mother Nature.
The National
19-02-2025
- Business
- The National
Aldar launches new luxury Dubai project featuring wildlife and bee-keeping zones
Abu Dhabi developer Aldar Properties has launched a project in Dubai featuring what it claims will be the "largest and most diverse collection of wildlife within a residential community in the emirate', amid surging property demand. The Wilds, Aldar's third development in Dubai, is part of a joint venture with state-owned Dubai Holding and will feature about 1,700 homes, including five-and six-bedroom units designed by Lebanese architect Nabil Gholam, the company said. The project will also offer three to five-bedroom villas and one to three-bedroom apartments Prices will start at Dh5.1 million ($1.39 million), Aldar confirmed to The National. The project is expected to be delivered in 2029, with work expected to begin as soon as contracts are awarded. Aldar will begin the sale of villas and apartments on February 27. "A first of its kind in Dubai … [the project] will stand out for its safe integration and retention of a large variety of species, alongside an incredible selection of native plants within a woodland sanctuary,' Aldar said. Located along Sheikh Mohammed bin Zayed Road, opposite Global Village, the project will also feature a pond, lawn, dry stream habitats, duck houses, man-made bird nests and bee-keeping zones. There will be no wild animals, the company confirmed. The Nest, a community pavilion, will be a gathering space for residents and will feature a "curiosity area' for kids with wildlife observation and environmental learning. Amenities will include a premium international branded school, a retail hub at the community entrance, clubhouses, a nursery, play areas, splash pads, a clinic, and two mosques. The Wilds will also have fitness zones, meditation spaces, resort-style swimming pools, and walking and cycling trails. The Wilds comes after Aldar launched its Haven and Athlon developments in Dubai, both in partnership with Dubai Holding, "which saw unprecedented demand with all units sold within hours of release', it said. Dubai's property market, which bounced back strongly from the Covid-driven slowdown, has boomed ever since, supported by government initiatives such as residency permits for retired and remote workers, an expanded golden visa programme, as well as robust economic growth in the UAE. Last year, the emirate recorded real estate deals worth Dh761 billion, up 20 per cent compared to 2023, with the total number of transactions for the year surging by 36 per cent to 226,000, according to the latest data provided by Dubai Media Office. Aldar Properties, Abu Dhabi's biggest listed developer, in recent years has expanded beyond its home base to other emirates in the UAE, as well as to foreign markets, including Egypt. The company reported a 43 per cent rise in its 2024 profit, as a sharp increase in UAE sales drove revenue. Net profit attributable to equity holders of the company for the 12 months to the end of December rose to Dh5.6 billion, with revenue and rental income during the period up by more than 62 per cent annually to Dh23 billion, it said. Aldar's full-year sales reached a record high of Dh33.6 billion, up 20 per cent from the previous year. UAE sales hit Dh22.2 billion at the end of last year, accounting for about 78 per cent of total sales, a sharp increase from a 66 per cent contribution in 2023. The company said it plans to launch a number of projects this year in Abu Dhabi, including Al Fahid Island development, as well as projects in Yas and Saadiyat Islands. It unveiled 12 projects last year.
