Latest news with #WassimAbdallah
Arabian Business
20-05-2025
- Business
- Arabian Business
Betterhomes, DHB Holding launch Opula residential development in Abu Dhabi's Yas Bay
Betterhomes, in partnership with DHB Holding, has announced the launch of Opula, a new residential development in Yas Bay, Abu Dhabi. The project arrives as the emirate's property market exhibits strong performance with transactions increasing by 24.2 per cent in 2024. The Opula development will feature a range of units, including one to four-bedroom simplexes, duplexes, penthouses, and townhouses. The property offers sea views and access to Yas Bay's waterfront promenade. Abu Dhabi's Yas Bay welcomes new Opula development as property market grows 24% ' 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. Investor appetite is strong and growing, and those who invest now are well positioned to capitalise on this momentum,' Wassim Abdallah, Director of Development Sales and Consultancy at Betterhomes said. The development includes facilities such as an infinity pool and fitness centre, which the developers suggest will help attract high-value tenants and potentially increase rental yields. According to market data, Abu Dhabi's real estate sector recorded AED 96.2 billion across 28,249 transactions in 2024, representing a 24.2 per cent increase compared to the previous year. Foreign direct investment in the sector reached AED 7.86 billion, marking a 125 per cent increase, with contributions from 2,302 investors representing 105 countries. While specific transaction figures for Yas Bay are not separately disclosed, the area falls within the broader Yas Island district, which has demonstrated growth in line with Abu Dhabi's overall market performance. DHB Holding states that its commitment to construction quality will ensure lasting value for the Opula development and potentially lead to lower vacancy rates for investors. The project is being positioned as an investment opportunity that aligns with Abu Dhabi's continuing property market growth and development strategy.
Zawya
20-05-2025
- Business
- Zawya
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. Resilience and diversity 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. Investor confidence 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. With its strategic location, luxurious offerings, and alignment with Abu Dhabi's growth trajectory, Opula by DHB Holding presents a compelling opportunity for investors seeking robust returns in a stable and thriving market, it stated. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Mid East Info
19-05-2025
- Business
- Mid East Info
Opula : Positioned for Strong ROI in Abu Dhabi's Fastest-Rising District
Betterhomes, in collaboration with DHB Holding, proudly presents Opula, a premium residential development strategically located in Yas Bay, Abu Dhabi. 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 Strategic Investment Destination 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. Opula: Designed for Optimal Returns Opula is poised to leverage Yas Bay's growth trajectory. Key features include: Prime Coastal Lifestyle with Sweeping Marine Views: Offering residents expansive sea vistas and immediate access to Yas Bay's vibrant promenade, enhancing both lifestyle appeal and rental potential. Diverse Unit Mix: A selection of 1-4 bedroom simplexes, duplexes, penthouses, and townhouses caters to a broad spectrum of tenants and end-users. Luxury Amenities: State-of-the-art facilities such as an infinity pool and modern fitness center attract premium tenants, supporting higher rental yields. Quality Construction: DHB Holding's commitment to excellence ensures lasting value and lower vacancy rates. Expert Insight: '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. Investor appetite is strong and growing, and those who invest now are well positioned to capitalise on this momentum.' said Wassim Abdallah, Director of Development Sales and Consultancy at Betterhomes Investor Confidence and Market Outlook: 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. With its strategic location, luxurious offerings, and alignment with Abu Dhabi's growth trajectory, Opula by DHB Holding presents a compelling opportunity for investors seeking robust returns in a stable and thriving market.
Arabian Business
01-05-2025
- Business
- Arabian Business
UAE real estate: DHB Holding, Betterhomes launches first Abu Dhabi project
DHB Holding has announced its first residential project in Abu Dhabi, partnering exclusively with UAE real estate agency Betterhomes for the sales and marketing of 'Opula' in Yas Bay. The development features 192 residences, including studios, duplexes, penthouses, and townhouses in a waterfront location. The project's design incorporates glass facades to maximise natural light. DHB Holding Partners, Betterhomes for Yas Bay residential project 'We are delighted to extend our success to Abu Dhabi with the launch of Opula in Yas Bay. This project embodies our commitment to design excellence and innovative living spaces, setting a new standard for waterfront living in the capital. With Betterhomes as our exclusive sales partner, we are confident that Opula will resonate with both investors and homeowners seeking a unique and refined lifestyle,' Omar Delawar, CEO, DHB Group said. DHB Holding has previously completed projects throughout the GCC region, including housing developments in Saudi Arabia and beachfront villas on Palm Jumeirah. Betterhomes' Development Sales & Consultancy division will manage the sales strategy for Opula. The team aims to utilise its market knowledge to ensure successful launch and demand. 'Opula represents a compelling investment opportunity in Abu Dhabi's thriving real estate market. The project's exceptional design, prime location, and the combined expertise of DHB and us will make it a truly exceptional offering. In addition, the highly competitive prices and an irresistible payment plan, Opula stands out as a rare opportunity for investors and homeowners alike,' Wassim Abdallah, Director of Development Sales & Consultancy added.
Zawya
01-05-2025
- Business
- Zawya
Betterhomes and DHB Holding announce exclusive partnership in Yas Bay
Betterhomes, the UAE's leading real estate agency, proudly announces its exclusive partnership with DHB Holding for their latest project, Opula. With deep architectural expertise, DHB Holding is behind some notable projects in the GCC. From large-scale housing developments in Saudi Arabia to ultra-luxury beachfront villas on Palm Jumeirah, their design-led approach sets them apart. Now, they make their mark in Yas Bay, Abu Dhabi, with their first-ever residential project. 'We are delighted to extend our success to Abu Dhabi with the launch of Opula in Yas Bay. This project embodies our commitment to design excellence and innovative living spaces, setting a new standard for waterfront living in the capital. With Betterhomes as our exclusive sales partner, we are confident that Opula will resonate with both investors and homeowners seeking a unique and refined lifestyle.' – Omar Delawar, CEO, DHB Group. Opula showcases a sleek, minimalist architectural style accentuated by expansive glass facades that invite abundant natural light, fostering a seamless connection between indoor and outdoor living. Comprising 192 residences, including studios, duplexes, penthouses, and townhouses, catering to a diverse range of lifestyle preferences. Strategically located within Yas Bay beachfront, Opula provides residents with unparalleled access to the city's vibrant cultural scene, world-class amenities, and stunning waterfront views. Betterhomes' Development Sales & Consultancy division will lead the sales strategy, leveraging its decades of experience. The team's in-depth market knowledge and innovative approach will ensure the successful launch and sustained demand for Opula. Director of Development Sales & Consultancy, Wassim Abdallah states, 'Opula represents a compelling investment opportunity in Abu Dhabi's thriving real estate market. The project's exceptional design, prime location, and the combined expertise of DHB and us will make it a truly exceptional offering. In addition, the highly competitive prices and an irresistible payment plan, Opula stands out as a rare opportunity for investors and homeowners alike.'' For more information visit:
