Aldar Properties, a leading real estate developer, has achieved a remarkable milestone with the sell-out of the first phase of their new project, The Wilds, in Dubai.
Aldar Properties, a leading real estate developer based in Abu Dhabi, has accomplished a remarkable feat with the complete sell-out of the first phase of their newest project, The Wilds, in Dubai. This monumental achievement resulted in generating an impressive AED 5 billion (approximately $1.38 billion) in sales, reflecting a strong demand for high-quality residential properties in the region.
The Wilds is a groundbreaking residential community designed to seamlessly integrate with nature, offering residents a harmonious living experience. This unique development encompasses nearly 1,700 homes, which are nestled amidst lush green spaces and eco corridors. These natural elements not only provide a serene environment but also ensure privacy for the residents. The first phase of the project included 734 exquisitely designed villas, ranging from three to five bedrooms, catering to various family sizes and preferences.
The exceptional appeal of The Wilds attracted a diverse array of buyers from different nationalities and backgrounds. Remarkably, expatriate residents and overseas buyers constituted 92% of the total sales. Among the top three nationalities in terms of sales volume were individuals from India, China, and the United Kingdom, highlighting the global interest in Dubai’s real estate market.
Furthermore, 52% of the buyers were under the age of 45, indicating a robust demand for family-oriented and well-being-focused living environments. Additionally, it is noteworthy that 85% of the buyers were first-time Aldar property owners, underscoring the developer’s ability to attract new customers with their innovative and appealing projects.
The swift sell-out of The Wilds’ first phase underscores Dubai’s allure as a premier global destination for both long-term residency and investment. Talal Al Dhiyebi, Group CEO of Aldar, emphasized that this achievement represents their most successful launch in terms of value, and it highlights the city’s thriving economy and growing population. The Wilds’ success also reflects the increasing demand for high-quality, nature-integrated living spaces that promote a balanced and healthy lifestyle.
Building on the overwhelming success of the first phase, Aldar has ambitious plans for the next phase of The Wilds. The upcoming phase will feature a selection of luxurious five- and six-bedroom mansions, designed by the renowned Lebanese architect Nabil Gholam. These mansions will offer spacious and elegant living spaces, further enhancing the community’s appeal. Additionally, Aldar plans to introduce one- to three-bedroom apartments, catering to a broader range of residents and providing more options for potential buyers.
In conclusion, Aldar’s remarkable achievement with The Wilds is a testament to their expertise in creating desirable and innovative residential communities. As they continue to expand their footprint in Dubai, we can expect more exciting and groundbreaking developments from this leading real estate developer. The Wilds not only sets a new benchmark for residential living in Dubai but also highlights the city’s potential as a global hub for luxury and sustainable living.
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