Emaar Development has recorded total sales in the region of AED 1bn ($272mn) at the launch of the first residences in Emaar Beachfront, the restricted island destination in Dubai.
The launch of Beach Vista, a collection of homes set in a twin-tower development of 33-storeys and 26-storeys, recorded tremendous response from customers with all 375 residences launched sold out, the developer said.
Mohamed Alabbar, chairman of Emaar Properties, said: “With Emaar setting impressive property sales last year, the response to our first launch this year is a positive statement on the robust performance of Dubai’s property sector. It also underlines the credentials of Emaar Development in designing and delivering world-class homes.
“Emaar Beachfront is a trend setting destination and its exceptional location in the Arabian Gulf as well as the value-added amenities offered make it appealing to customers from the UAE and across the world.”