In an astonishing turn of events, the Radisson Residences on Al Reem Island in Abu Dhabi sold out in a mere 24 hours. This wasn't just a sale, it was a feeding frenzy. Investors and homeowners snapped up Phase 1 of this high-end residential project almost as soon as the ink dried.

Breaking Records and Expectations

Royal Development Holding, the brain behind this project and a subsidiary of Emirates Stallions Group, managed to pull off something extraordinary. The entire Phase 1, part of a grand AED1.2 billion ($327 million) investment, vanished into eager hands. There's no doubt about it, Abu Dhabi is craving premium, hospitality-driven living spaces.

But why all the fuss? Well, the Radisson Residences Al Reem Island is a game-changer. It's the first standalone Radisson Residences globally. Perched on the stunning waterfront, the development flaunts modern architecture, chic interiors, and a lifestyle that screams luxury. The mix included everything from cozy studios to sprawling four-bedroom townhouses. They were gone in a flash.

Voices of Triumph

Tariq Nazzal, CEO of Royal Development Holding, couldn't contain his excitement. "We are extremely proud of this achievement," he said. It's no small feat, considering the cutthroat world of real estate. Their collaboration with Radisson Hotel Group is clearly paying off. "The sell-out is a tangible demonstration of our strategy in action," Nazzal added.

Echoing this sentiment, Elie Milky from Radisson Hotel Group highlighted the foresight involved. "Our collaboration carries particular significance," Milky stated. Anticipating market needs, they delivered something buyers couldn't resist. This success marks a new chapter in Radisson's journey, one that's increasingly tied to refined residential living.

What's Next?

Set against the backdrop of Abu Dhabi's mangrove-lined coastline, Radisson Residences isn't just about architecture. It's about community, views, and unparalleled amenities. And here's the kicker: Phase 2 is already in the works. Given the runaway success of Phase 1, there's little doubt it will attract a similar surge of interest.