Page 31 - Magazine April 2022

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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