Aldar Takes Alreeman II to Al Ain
Following the strong market response to Aldar Properties’ (‘Aldar’) latest development Alreeman II, which generated over AED 420 million on its opening day of sales, the Company is holding a special one day sales event at the Al Ain Convention Centre on Saturday 29th June. The sales event will open at 09:00 and close at 18:00.
Commenting Maan Al Awlaqi, Executive Director – Commercial, Aldar Properties, said: “There is real optimism in the Abu Dhabi market with sentiment continually on the rise – and this is having a significant impact on our sales performance. Alreeman II, a UAE National focused product, is proving to be really popular, and we want to make it as easy to buy land there as possible, and this is why we are going to the customers, and not just waiting for customers to come to us. The sustained positive news flow coming out from the Government, particularly the ongoing roll out of the Ghadan 21 stimulus programme is really taking effect, and we are seeing that in our transaction volumes – with our last three launches generating over AED 2.4 billion and rising. We look forward to connecting with our customers in Al Ain and welcoming them into the Alreeman II community.”
Customers visiting Aldar’s sales event will be able to view the masterplan for Alreeman II, plot plans, and discuss a variety of payment plans with Aldar’s knowledgeable sales staff.
Alreeman II is a AED 1.7 billion master-planned residential community, available exclusively for purchase by UAE Nationals. Spread across an area of 2.4 million square metres, the development features villa plots ranging from 500 to 1,000 square metres in size. The community offers residents a wide range of amenities including a school, retail offerings, parks, mosques, and running and cycling tracks catering to their specific needs and interests. Construction of Alreeman II will commence at the end of 2019, with the first handovers commencing from the end of 2021.
Alreeman II is located in close proximity to the Abu Dhabi International airport, key arterial highways and some of Abu Dhabi's major infrastructure projects and lifestyle destinations, including Yas Island, Zayed City, New Al Falah, Masdar City, and Mohammed Bin Zayed City.
Aldar Properties PJSC, is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.
From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate of Abu Dhabi.