A new development called Arabian Hills Estate is replacing the long-stalled Wahat Al Zaweya project in the UAE. The former project, once sold only to Emirati nationals, failed to deliver plots. Many buyers pursued legal action to recover their payments. Others, however, still hope to receive their promised properties.
Arabian Hills Estate officially launched recently and promises luxury living with lush gardens and a swimmable lagoon. It also features shopping malls, resorts, and an equestrian center, creating “extraordinary experiences” for future residents. Buyers can choose plots between 12,000 and 132,000 square feet.
The developers offer a five-year payment plan at AED 140 or AED 155 per square foot. However, those who pay upfront within a few days enjoy discounts as low as AED 55 to AED 60 per square foot. Industry experts find such discounts unusual since developers usually offer only 10–12% for upfront cash.
Arabian Hills Estate aims to become the “Beverly Hills of Dubai,” despite being located across the Abu Dhabi border near Al Ain. The UAE Arabian Hills Estate project appears to move more confidently compared to the troubled Wahat Al Zaweya.
Before Arabian Hills Estate emerged, Wahat Al Zaweya sold over 2,500 plots without completing any of them. Buyers filed cases with a special judicial body set up to resolve real estate disputes. Many investors eventually received partial or full refunds through settlements.
The UAE Arabian Hills Estate development shows better progress according to government real estate portals. One listing shows the project at 12.5% completion, while another related listing shows 55.89% completion. Recent construction visits show ongoing work at the site, raising buyers’ hopes.
Meanwhile, the previous company behind Wahat Al Zaweya, now rebranded as Anan Investment Holding, faces financial struggles. Audited reports highlighted material doubts about its financial stability. Moreover, the company stock remains suspended from trading due to failure to publish financial results.
One buyer revealed he paid most of his plot amount but never received his property. He plans to launch a new lawsuit soon. He explained that he trusted promises made by the company but later saw no real progress.
Additionally, companies related to the new project include Core International Holding, ARA Real Estate Development, and DECA Properties. They now manage the UAE Arabian Hills Estate project and aim to ensure timely delivery.
The UAE Arabian Hills Estate development offers a fresh opportunity for investors and buyers. Many believe that it stands on a much stronger financial footing compared to its predecessor.
In the background, a special judicial body continues working with buyers from the older Wahat Al Zaweya project. It offers either refunds or options to continue under new market conditions. Experts say that, although class actions are rare in the UAE, special tribunals help investors seek justice.
Overall, UAE Arabian Hills Estate represents a major effort to rebuild trust in stalled real estate developments. Although challenges remain, many buyers feel more optimistic about the new project moving forward.
