A’ayan Capital Announces the Liquidation of the Dubai Real Estate Portfolio
With a 70% return on investment and Capital exceeding AED 35 million
A’ayan Capital Investment Company liquidated its Dubai real estate portfolio with promised maximum returns for its investors. The acquired land lies in Al Roui’ah district in Dubai, and is in close proximity to the Dubai land project, considerably maximizing the lands’ value.
Launched on 26 December 2006 with a capital of AED 35,156,094, the investment portfolio was liquidated on the 28th August of this year with a return on investment 70% and an internal rate of return (IRR) 37%. A’ayan Capital Deputy Chief Executive Officer Mr. Hesham Al Obaid said: “Achieving such high anticipated returns is what we always aim to deliver for our customers. The Dubai Real Estate portfolio is an investment fund that is dedicated to accumulating a portfolio of high quality real estate assets, and delivering the benefits of real estate ownership to unit holders.”
“We are very pleased with the Dubai real estate portfolio’s performance, which is a unique testament to the uniquely designed pioneering portfolios we provide. The high return on investment was based on our calculated market speculations.”
The portfolio’s management provided the opportunity for investors to exit the portfolio either entirely or partially during the month of April 2008, with a return on investment of 40%. Some of the investors exited the portfolio with a 16% of the total value of the portfolio.
Al Obaid added that A’ayan Capital has a highly qualified team that seeks the most unique investment and real estate opportunities, achieving maximum returns for the company’s clients with minimal risks.
