Aldar Realises $490 Million by Selling Al Deem Townhomes

Less than a fortnight after announcing Al Deem townhomes exclusively for UAE nationals, Aldar on Monday said that it has completely sold all 450 townhomes at Al Deem, the vibrant new Emirati community located in the northeast of Yas Island.

With sales surpassing $490 million, the overwhelming demand for Al Deem reaffirms the appetite for high-quality, family-focused communities amongst Emirati families and Aldar’s continued focus on delivering homes to suit the needs of all residents in Abu Dhabi, Aldar said in a regulatory disclosure with Abu Dhabi Securities Exchange (ADX) this morning.

Adar said that 68% of sales at Al Deem were completed by male buyers, with females representing the remaining 32%. Notably, 56% of buyers are first time Aldar buyers with repeat customers completing 44% of sales.

Among the buyers, 63% of all buyers intend to live in Al Deem and 64% of buyers are under 45 years old. 84% of buyers reside in Abu Dhabi, with the remaining 16% residing in other Emirates in the UAE.

The Al Deem Townhomes comprise three- and four-bedroom residences designed to integrate contemporary living with traditional Emirati values. Among them are 26 first-of-their-kind live-work homes that combine residential and commercial space, offering flexibility for entrepreneurs and creatives to operate cafés, art studios, and boutique businesses within the community.

Live-work Homes

A concept new to the UAE, the live-work homes received strong interest from buyers, highlighting the demand for innovative housing solutions that support entrepreneurial lifestyles, the company said.

Set within a thoughtfully planned master community, Al Deem provides residents with access to a wide range of amenities, including a mosque, schools, health centre, community centre, parks, retail, and F&B outlets.

An eco-loop surrounds the development, offering a pedestrian-friendly environment ideal for walking and jogging. Sports and leisure amenities include courts, an outdoor gym, equestrian centre, sports centre, and an 8.2 km cycling track.

Additionally, two new bridges will connect Al Deem directly to Yas Island, ensuring quick access to world-class entertainment, dining, and leisure activities, as well as proximity to Zayed International Airport, Abu Dhabi, and Dubai.