DistantNews
Support us
🇳🇴 Norway /Economy & Trade

Tech entrepreneur pays 45 million kroner above asking price for Oslo villa

From Aftenposten · () Norwegian

Translated from Norwegian and summarized by DistantNews. Read the original for the full story.

At a glance

In-depth Named sources Outcome reported
  • Tech entrepreneur Dyar Al-Ashtari bought a villa in Oslo's Frogner district for 150 million Norwegian kroner.
  • The price exceeded the property's 105 million kroner asking price by 45 million kroner.
  • The 631-square-metre villa is being completed and renovated according to Al-Ashtari's wishes.

Tech entrepreneur Dyar Al-Ashtari has bought an Oslo villa for 150 million kroner, paying 45 million kroner more than the asking price.

We look forward to moving in.

· Dyar Al-AshtariThe buyer confirmed his plans for the Oslo villa.

The 631-square-metre property in Nordraaks gate, Frogner, was listed last year at 105 million kroner as a renovation project that was still being completed. The property register confirms the 150 million kroner purchase, while a mortgage security registered in March had pointed to an estimated price of about 125 million kroner based on industry practice.

It is a residence outside the ordinary.

· Ørjan HaverstadThe developer described the villa and its expected final character.

The villa is being finished to the buyer's preferences. Developer Ørjan Haverstad of Farga AS, which handled the project, previously said the home was unique and had attracted unusually strong interest in its price range. He described it as a residence that would be "outside the ordinary."

Our philosophy is no cure, no pay.

· Dyar Al-AshtariAl-Ashtari described the business model of his digital agency.

Al-Ashtari, 31, is a self-taught internet millionaire who arrived in Norway as a war refugee from Iraq. He started his first company at 13 after finding a security vulnerability in YouTube, later founded Dyar Marketing Labs and launched Pear AS in 2017. His businesses focus on digital services, including search engine optimization.

Remember, development is not only about coding, it is about creating solutions.

· Dyar Al-AshtariHe explained his approach to technology and entrepreneurship.
About this summary

Originally published by Aftenposten in Norwegian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog