$545m mixed use project in Abu Dhabi
Aldar Properties has announced the launch of its newest Dh2 bilion ($245m) freehold development, Alreeman.
Alreeman is located in Alshamkha area of Abu Dhabi. It is close proximity to the Abu Dhabi International Airport and key arterial higways.
Alreeman offers residential and commercial land plots available for puchase by all nationalities. Construction is expected to begin later this year with infrastructure enabled land targeted for handover to customers in 2012. The mixed use development is spread over an area of 2.8 million sqm with convenient transportation links. The land plots include a series of residential clusters that will feature single and multi residential villas and apartments, complemented by retail space.
Alreeman will provide a network of walkable gardens, high-quality parks, open spaces interwoven with greenery and cycle tracks that facilitate public life and social interaction.
The Abu Dhabi developer said sales for the land plots would commence on January 19 at its sales centre on Yas Island, with prices starting from Dh690,000 for villa plots and Dh4.69 million for commercial plots.
Fulya Altunyay/ [email protected]