Aldar has launched a new master-planned residential community available for purchase exclusively by UAE nationals.
Aldar Properties has launched a AED1.7 billion master-planned residential community in the Alshamkha area of Abu Dhabi, available exclusively for purchase by UAE nationals.
Alreeman II follows the success of Alreeman, launched in January 2019 which generated AED1.6 billion in sales, the developer said in a statement.
Comprising 2.4 million square metres, the development features 1,690 villa plots, which range between 500 to 1,000 square metres in size.
Residents will benefit from a wide range of amenities including a school, retail offerings, parks, mosques, and running and cycling tracks catering to their specific needs and interests.
Aldar CEO Talal Al Dhiyebi, said Alreeman II built on the success of Alreeman.
"This expansion is a clear response to high demand among UAE nationals to create communities in the Alshamkha area and we are committed to delivering high quality and comfortable living spaces that meet these needs," he said.
Residential land starting at AED 690,000 available exclusively for purchase by UAE nationals with a 5% down payment. Sales start from 22nd June 2019.
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