Abu Dhabi, United
Arab Emirates, 17 March 2026:
Ohana
Development, a leading UAE real estate developer renowned for its luxury
projects, has recorded USD 1.63 billion in sales
within 72 hours for Manchester City Yas Residences by Ohana, a gated waterfront
community located along Yas Canal in Abu Dhabi, setting a new sales record in
the emirate’s real estate market.
Investors
queued at the sales launch, reflecting the strong demand for the project. Of
the investors, 35% are Emiratis, while 65% are expatriates and international
buyers. In response to this significant interest, Ohana Development is expected
to release additional inventory from the project soon.
In his
comments, Husein Salem, CEO of 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.
This strong foundation continues to strengthen confidence among investors and
developers, supporting the resilience and growth of Abu Dhabi’s thriving real
estate sector, despite any evolving circumstances.”
“The strong
response to Manchester City Yas Residences by Ohana, and the sales record in
just 72 hours, reflects the continued trust from investors locally and
internationally, as well as the appeal of the project’s unique offering in the
emirate,” added Husein.
The project
spans 1.67 million square metres, with more than 55% of the masterplan
dedicated to landscaped gardens and green spaces. Designed around sport and
active living, Manchester City Yas Residences by Ohana will feature integrated
training and recovery facilities, alongside a waterfront promenade with retail,
dining and lifestyle destinations. The community will also include a marina
sports club with water sports activities, as well as a range of resort-style
amenities, including fitness facilities and pools.
For more
information on the project and other developments, please visit: https://www.ohana.ae/
Source: AETOSWire
Contacts:
Anjali
Rajvardhan
Lead – Client Engagement | Cicero & Bernay
anjali@ciceroandbernay.com, +971569883612
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