Ohana Records USD 1.63 Billion Sales In 72 Hours
Real Estate

Ohana Records USD 1.63 Billion Sales In 72 Hours

Ohana Development has recorded sales of USD 1.63 billion within 72 hours for Manchester City Yas Residences by Ohana, a waterfront residential development located along Yas Canal in Abu Dhabi, marking a new sales milestone in the emirate’s real estate market.

The project witnessed strong investor participation at launch, with 35 per cent buyers from the UAE and 65 per cent comprising expatriate and international investors. The developer indicated that additional inventory may be released in response to the demand.

Husein Salem, CEO, Ohana Development, said, “We would like to express our sincere appreciation to the UAE government and its visionary leadership for fostering a stable and forward-looking investment environment.”

Spread across approximately 1.67 million sq m, the development allocates over 55 per cent of its masterplan to landscaped green spaces. The project is designed around sport-led living, featuring training and recovery facilities, a waterfront promenade with retail and dining, and a marina sports club offering water-based activities.

The community will also include fitness centres, swimming pools and other lifestyle amenities, positioning it as an integrated residential destination.

Ohana Development has recorded sales of USD 1.63 billion within 72 hours for Manchester City Yas Residences by Ohana, a waterfront residential development located along Yas Canal in Abu Dhabi, marking a new sales milestone in the emirate’s real estate market. The project witnessed strong investor participation at launch, with 35 per cent buyers from the UAE and 65 per cent comprising expatriate and international investors. The developer indicated that additional inventory may be released in response to the demand. Husein Salem, CEO, Ohana Development, said, “We would like to express our sincere appreciation to the UAE government and its visionary leadership for fostering a stable and forward-looking investment environment.” Spread across approximately 1.67 million sq m, the development allocates over 55 per cent of its masterplan to landscaped green spaces. The project is designed around sport-led living, featuring training and recovery facilities, a waterfront promenade with retail and dining, and a marina sports club offering water-based activities. The community will also include fitness centres, swimming pools and other lifestyle amenities, positioning it as an integrated residential destination.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code