Aldar Properties announced its success in selling the units of the first and second phases of its first-of-its-kind project, “Athlon,” within just 48 hours of putting it up for sale, at a value of 4.1 Billion Dirhams. It is Aldar Properties’ second residential project in Dubai within the framework of its partnership with Dubai Holding.
Aldar launched more than 1,000 villas and townhouses in the “Athlon” project, which were completely sold out, with international buyers and UAE residents contributing 81% of the total sales, which reflects the attractiveness of Dubai as a major global center for real estate investment and a preferred destination for long-term residence. The nationalities of India, China and Jordan also topped the list of buyers in terms of sales volume.
Females contributed 21% of sales, while males contributed the remaining 79%. Buyers under the age of 45 represent 65% of buyers, which is clear evidence of the great demand from younger generations for residential complexes that provide active lifestyles. First-time buyers investing in Aldar Properties’ projects accounted for 82% of sales, reflecting the continued growth of the company’s customer base locally and globally.
Jonathan Emery, CEO of Aldar Development, said: “The launch of the Athlon project witnessed an exceptional success by all standards, recording the largest sales volume ever compared to all of the company’s previous projects. These record sales came in just two days from buyers in the UAE and abroad, as our local customers expressed their Internationals have a great interest in investing and housing in communities that focus on providing active lifestyles and enhancing the well-being of residents, and we have been able to meet these needs efficiently in this distinguished project. These exceptional results give us great confidence to launch more distinctive concepts for new residential projects in Dubai soon.”