Real Estate
Ohana Development Records AED 6 Billion in Sales for Manchester City Yas Residences Within 72 Hours
Ohana Development has announced a landmark sales achievement after generating AED 6 billion in property sales within 72 hours for the Manchester City Yas Residences by Ohana project, setting a new real estate sales record in Abu Dhabi.
The gated waterfront development is located along the Yas Canal on Yas Island and has attracted significant investor interest since its launch, highlighting continued confidence in the United Arab Emirates real estate sector.
Strong Investor Demand at Launch
According to the developer, investors queued at the project’s sales launch, demonstrating strong demand for the new luxury community.
Among buyers, 35 percent were Emirati investors, while 65 percent were expatriates and international buyers, reflecting the growing global appeal of Abu Dhabi’s property market. Following the strong response, Ohana Development indicated that additional inventory from the project may be released soon.
Leadership Commentary
Husein Salem, CEO of Ohana Development, attributed the success of the project to the UAE’s stable investment environment and supportive government policies.
“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,” Salem said.
He added that the strong early sales performance reflects sustained investor trust in the emirate’s real estate market and the unique concept behind the development.
“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,” Salem noted.
Large-Scale Waterfront Community
The Manchester City Yas Residences by Ohana project spans 1.67 million square metres, with more than 55 percent of the masterplan dedicated to landscaped gardens and green spaces.
Designed around sports and active living, the development will feature integrated training and recovery facilities inspired by the philosophy of Manchester City F.C..
The community will also include a waterfront promenade featuring retail outlets, dining venues, and lifestyle destinations. Additional amenities are expected to include a marina sports club offering water sports activities, fitness centres, swimming pools, and other resort-style facilities.
Confidence in Abu Dhabi’s Real Estate Market
The record-breaking sales highlight the continued growth of Abu Dhabi’s property sector, which has increasingly attracted both regional and international investors seeking premium residential developments and lifestyle-focused communities.
The success of Manchester City Yas Residences by Ohana further reflects the emirate’s strategy to position itself as a global destination for luxury real estate and integrated waterfront living.
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