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Premium coastal development outside Abu Dhabi sells out in 30 days for over Dh240 million

Metropolitan Capital Real Estate has sold the entire Ohana by the Sea development, a collection of 45 premium villas at the Dubai and Ghantout border, in under 30 days. This marks one of the quickest off-market sales in the UAE for an entire development of villas given to an agency on an exclusivity basis.

More than 80 per cent of the villas were sold off-market to VIP clients of the Metropolitan Group, consisting of customers from European and CIS countries.

Ohana by The Sea Villas is a luxurious residential community by Ohana Development, between Abu Dhabi and Dubai. The community, which is along the Arabian Riviera of Sahel Al Emarat in Ghantout, offers coastal living in a secluded family-friendly community.

The residential project consists of four to five-bedroom villas from Dh4,600,000 and ranging from 275 square metres to 555 sq m.

Evgeny Ratskevich, chief exectutive of Metropolitan Capital Real Estate, said: “Most real estate projects in the UAE are sold on the open market which means multiple agencies are involved in the sales process.

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