transaction
Amber Homes Real Estate closes AED 125 million Sheikh Zayed Road plot transaction
2023-06-15
- Transaction value
- AED 125,000,000 (~USD 34M)
- Asset
- Sheikh Zayed Road plot
- Date
- June 2023
Amber Homes Real Estate closed the sale of a prime plot on Sheikh Zayed Road valued at AED 125 million (approximately USD 34 million). The buyer, a developer, plans a luxury residential highrise on the site.
The transaction is among the landmark deals in the company's history and reflects its focus on high-value Dubai real estate.
Coverage & sources
- Khaleej Times (KT Network) — Amber Homes Real Estate seals landmark plot deal worth Dh125 million; developer sets sights on luxury residential highrise
- Zawya (LSEG) — via SyndiGate from Khaleej Times — UAE: Amber Homes Real Estate seals landmark plot deal worth over $34mln
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