Page 30 - Magazine April 2022
P. 30

Property                                                                                                                                                                                      Contractors News






           Aldar launches $544mn                                                                                                            wasl properties


           second phase of Alreeman II development                                                                                          launches ‘wasl village’ in Al Qusais






           With the second stage release of 554 villas at its Dh2  second phase is a direct response to the demand                          Wasl properties, one of the largest real estate   The other key amenities include a 1,700-jogging track
           billion ‘Fay Alreeman’ development in Abu Dhabi’s  we have seen in the market for a ready product that                           development and management companies in Dubai,  around the project, with a tennis, football, cricket and
           Alshamkha neighbourhood, Aldar Properties is back in  residents can quickly move into.”                                          has announced the launch of its latest master  basketball courts, a BBQ area, lush green landscaping,
           offplan launch mode. These three, four, five, and six-  Alreeman II villas will cover a total area of 2.4 million                development, ‘wasl village,’ a residential and retail  parks, a mosque, and an outdoor play area for kids
           bedroom residences will go for sale on April 24 for a  square meters. The average size of a three-bedroom                        oasis in Al Qusais, with easy access to Sheikh  as well as fitness equipments  for adults,  said the
           starting price of Dh2.7 million. The project is expected  villa  is  301 square meters,  while  a  six-bedroom                   Mohammed Bin Zayed Road.                           statement from wasl.
           to be completed in the fourth quarter of 2025.     property is 507 square meters.                                                 A gated community, the project boasts 62 buildings   The Dubai developer said ‘wasl village’ will be
           The units are available for purchase only by UAE  Aldar had just gone on an investing binge, purchasing                          featuring a total of 6,200 housing units, ranging from  delivered across several phases, with renting prices
           Nationals. “Alreeman II has been well received by  a mall and a resort in Ras Al Khaimah. The introduction                       studios, one-, two- and three-bedroom apartments.  starting from AED20,000 for studios, AED30,000 for
           the market as UAE Nationals continue to seek well-  of ‘Alreeman II’ by its property development arm                              It also includes a community centre hosting a number  one-bedroom apartments, AED39,000 for two-bed
           priced, high-quality and comfortable living spaces  shows that the developer is prepared to release more                         of retail units, F&B outlets, a supermarket, a clinic, a  and AED 52,000 for three-bedroom units, it added.
           in desirable destinations across the emirate,” said  off-plan properties. This follows the announcement by                       gym, and a swimming pool.
           Rashed Al Omaira, Chief Commercial Officer at Aldar  the Abu Dhabi master developer of ‘Louvre’ branded

           Development. “Launching a range of villas in the  villas on Saadiyat Island.



















































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