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Abu Dhabi property developer Imkan Properties, a subsidiary of Abu Dhabi Capital Group, will launch new projects ahead of schedule this year after reporting strong demand for its portfolio of stunning UAE projects.
Upscale developments in AlJurf and the Makers District will be announced following notable sales of Phase 1 of Pixel, Nudra and AlJurf Gardens.
Local and global demand continues to soar after investors scramble to buy properties in some of the country’s most sought-after locations. Over 74% of real estate transactions in the past 24 months were recorded by UAE nationals, selling to buyers from 18 countries in Asia and the Middle East. Clients cite attractive destinations, spacious unit sizes, smart floor plans and Imkan’s longstanding reputation for quality as key factors influencing their investment decisions.
Offering over 500 contemporary residential units, Pixel is a mixed-use community in Abu Dhabi with seven towers surrounding an open plaza offering artisan restaurants, indigenous restaurants, cafes, co-working spaces, offices and shops. Every apartment in the creative community has been sold, underscoring the growing appeal of Isle of Reem seaside destination.
Over the past two years, Imkan has also achieved the successful launch of the first phase of AlJurf Gardens, a coastal community located between Abu Dhabi and Dubai. Every villa and plot in the master-planned development along Sahel Al Emarat has been sold.
With the increasing popularity of AlJurf Gardens, Imkan has launched the second phase of the project. High demand from clients looking for an exclusive luxury community in the heart of Saadiyat Island has led to the sale of all premium Nudra beachfront villas designed by world-class Maisam architects and engineers.
Suwaidan Al Dhaheri, Managing Director of Imkan, said: “Our strong property sales have cemented the UAE’s position as a global destination and Abu Dhabi’s reputation as one of the most popular property markets in the world. Developed by Trusted The right design for commercial development in a prime location continues to represent a premium investment opportunity, and our projects fit that profile. Today’s announcement is a milestone and an achievement that underscores our strong rebound from the pandemic. As we continue to Bringing new projects to market, we are confident in our ability to build unique communities using innovative research-driven strategies. Our aggressive placemaking approach has contributed to a portfolio of 26 projects on three continents, maximizing financial value, Minimizing investor risk and creating a unique living environment focused on the well-being of residents. We are all gearing up to launch new projects in the Makers District and AlJurf early this year and look forward to welcoming a new generation of buyers to the Imkan family. “
AlJurf’s master plan was designed with integrated living in mind and offers a variety of offerings in a coastal, nature-inspired residential community. The vast green space and well-preserved ecosystem, including 1.6km of coastline, will be home to the Middle East’s first SHA health clinic, which will bring new world-class health and well-being treatments to the region.
The Makers District master plan features a creative community center with 3,700 residential units designed to bring residents together through co-working space, retail and dining services.
Imkan has partnered with some of the world’s leading architectural firms to create a community designed in such a way that residents can enjoy a pedestrian plaza that connects all areas of the community together.
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