Deyaar Development PJSC, one of the UAE's leading property developers, has achieved a significant milestone with the complete sell-out of RIVAGE, its inaugural residential project in Abu Dhabi.
The project, located on the prestigious Al Reem Island, highlights the strong demand in the emirate’s real estate market.
The sales event witnessed remarkable attendance, reflecting heightened interest from investors and prospective homeowners. “The swift sell-out demonstrates confidence in our ability to deliver value and cater to diverse market needs,” a company spokesperson remarked.
RIVAGE on Al Reem Island
Positioned on Al Reem Island, RIVAGE offers a blend of prime location and cutting-edge amenities, catering to families and investors. The development's proximity to key urban centres and its sustainable, community-driven design made it a preferred choice among buyers.
The residential options were crafted to meet the varied needs of a growing demographic, showcasing Deyaar’s commitment to fostering vibrant living environments.
Boost to Abu Dhabi’s economy
The success of RIVAGE is expected to bolster Abu Dhabi’s property sector and contribute to the emirate's economic diversification goals. This aligns with Deyaar's strategic mission of fostering regional growth through innovative property solutions.
“Projects like RIVAGE underline Abu Dhabi’s potential as a real estate investment hub,” said the company in a statement, noting that the development reflects both local and international confidence in the market.
Deyaar’s vision
Founded in 2002 with a share capital of Dh4.38 billion, Deyaar has grown into a regional leader in real estate. Its services encompass property development, management, and facilities oversight, making it a one-stop solution for real estate needs.
The company emphasises sustainability and innovation in its projects while adhering to UAE property laws and escrow regulations. This meticulous approach ensures long-term value for stakeholders and homeowners alike.
Deyaar’s venture into Abu Dhabi marks a new chapter for the Dubai-based developer. By leveraging market expertise and offering world-class facilities, the company continues to strengthen its pioneering status in the UAE’s real estate landscape.
With the success of RIVAGE, Deyaar is well-positioned to explore further opportunities in the capital, enhancing its role as a key player in shaping the region’s property market.