Abu Dhabi-based developer Aldar has generated more than AED 5 billion in sales across the launches of Talay and Yas Riva Reserve, announced as the emirate hosts the inaugural Liveability and Investment Exhibition (LIVEX 2026).
Talay is the first residential community within Marsa Al Saadiyat, the AED 100 billion waterfront destination completing the final phase of Saadiyat Island's masterplan, while Yas Riva Reserve is a gated waterfront community in the northeast of Yas Island.
Expatriate residents and overseas buyers accounted for 69% of sales, led by nationals of the UK, Russia, Jordan and India, with Emiratis making up 31%. Almost 54% of purchasers were first-time Aldar customers and around 55% were under 45.
The launches follow a more cautious first half, when Aldar's UAE sales fell 46% year on year to AED 9.4 billion as the company moderated new releases and leaned on its AED 71.6 billion development backlog.
Gulf Economist Staff Writer