A Dubai-based real estate firm has announced it has generated a record return on investment (ROI) for speculators across all of its residential and commercial developments in the UAE.
Bonyan International Investment Group said buyers had particularly benefited from the Sama Al Jadaf community project, a 215-plot master development located in the Al Jadaf area in Dubai.
The project had seen over 30 per cent ROI from real estate bought by investors Al Omran, Bonyan said.
Al Omran general manager Majed Nasser Al Kimlass said:
“They offer one of the highest ROI among developers, which makes it a popular choice for local, regional and international investors seeking high-yielding investment opportunities.”
Bonyan added it believed the market is gearing up for another “cycle of intense activity” and is aiming to cater for first-time buyers in Dubai, Abu Dhabi and Ajman real estate markets, as well as investors looking to complement existing assets.
So far Bonyan has developed AED three billion worth of residential and commercial developments in Dubai, including Rose Tower and Lulu Tower, and is currently undertaking regional projects with the aim of expanding its project portfolio to AED 15 billion inside three years.