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Tuesday, May 30, 2023

Aldar launches 1,050 freehold luxury properties in Abu Dhabi

UAE-based Aldar Properties has announced the launch of Reeman Living, a freehold residential development in Abu Dhabi’s Al Shamkha neighbourhood, offering bespoke design elements and color palettes, efficient storage spaces and an adaptable environment.

The Abu Dhabi developer said in a statement that 630 of the development’s 1,050 apartments, which will be open to buyers of all nationalities, will be available for purchase during the first phase of the launch.

Spread over five low-rise buildings, studio, one-bedroom, two-bedroom and three-bedroom apartments will be available for public sale starting March 18, with prices starting from AED 365,000.

Speaking at the launch, Chief Commercial Officer Rashed Al Omaira said: “It is increasingly clear that there is a high demand for modern urban living spaces across the emirate. Delivering the high quality that Aldar is known for, we are proud to launch our second project in in the new series of cities we are bringing to market.”

“Reeman Living has allowed Aldar to reach a new customer base, offering them unique products that emphasize urban living and a strong sense of community. We look forward to expanding this design-led collection in other hotspots in Abu Dhabi in the coming months, “He said.

Al Omaira explained that as part of Aldar’s commitment to sustainability, Reeman Living’s residential buildings will incorporate a number of sustainable design and construction measures, including green building techniques and efficient fixtures to conserve water and energy.

“The buildings have been designed to achieve a two-pearl rating under the Estidama sustainability rating system, exceeding the latest standards set by the UAE,” he added.trade arab news agency

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