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UAE - Abu Dhabi
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- Apartment In Gardenia Bay
Apartment in Gardenia Bay
- 795,200
- studio
- 484 sq ft
- Ref: AP507013S
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Aldar Properties, Abu Dhabi�s biggest listed developer, has said it sold out three buildings within 24 hours in the first phase of its latest sustainability-focused Gardenia Bay project in the emirate.
About 23 per cent of sales were completed by non-resident buyers, while foreign residents and Emiratis accounted for 40 per cent and 37 per cent of sales, respectively, Aldar said in a statement on Friday to the Abu Dhabi Securities Exchange, where its shares are traded.
The company said almost 71 per cent of all buyers were under the age of 45, highlighting Gardenia Bay�s appeal to a younger generation.
Gardenia Bay is a new residential community on Yas Island that focuses on sustainability and well-being. The construction of phase one of the project will begin in the first quarter of next year, with handovers expected in the second quarter of 2027, the company said in an earlier filing to the ADX.
About 23 per cent of sales were completed by non-resident buyers, while foreign residents and Emiratis accounted for 40 per cent and 37 per cent of sales, respectively, Aldar said in a statement on Friday to the Abu Dhabi Securities Exchange, where its shares are traded.
The company said almost 71 per cent of all buyers were under the age of 45, highlighting Gardenia Bay�s appeal to a younger generation.
Gardenia Bay is a new residential community on Yas Island that focuses on sustainability and well-being. The construction of phase one of the project will begin in the first quarter of next year, with handovers expected in the second quarter of 2027, the company said in an earlier filing to the ADX.
