Private property developer Ohana Development has recorded Dh6 billion in property sales in just 72 hours. The new project is for Manchester City Yas Residences. The waterfront residential community is located along the Yas Canal in Abu Dhabi.
The UAE property market continues to attract buyers, despite ongoing military tensions in the region. The rapid sales show strong investor demand for high-quality property in the United Arab Emirates.
Many investors reached the project’s official sales launch. Investors at the event showed strong interest in the development. According to the developer, only 35% of buyers were Emirati investors, while 65% were expatriates and international buyers.
The company is expected to release additional property units from the project soon, due to high demand. Husein Salem, CEO of Ohana Development, thanked the UAE government for creating a stable investment environment that supports real estate growth and investor confidence.
The Ohana project covers 1.67 million square meters. More than 55% of the area will be dedicated to creating a community focused on healthy, active living through landscaped gardens and green spaces.
The development will feature training that will include retail outlets, restaurants and lifestyle destinations. Residents will also have access to a marina sports club, water sports activities, fitness centers and swimming pools.
The project highlights strong investor confidence in Abu Dhabi’s real estate sector following rapid sales of Dh6 billion. Residents can enjoy these amenities, which are designed to offer a premium lifestyle experience.
The UAE continues to attract both local and global investors amid the regional tensions. Manchester City Yas Residences shows the growing appeal of lifestyle-focused waterfront communities in Abu Dhabi.