Page 48 - Magazine February 2023

Q launches a new phase of the leading
Reem Hills gated community on Al Reem Island
Following the success of Phase One and Phase Two that offer swimming pools, fitness gymnasiums,
of the Reem Hills luxury residential community on Al exclusive lounges, and multi-purpose rooms for social
Reem Island, Abu Dhabi, Q Properties, a subsidiary of gatherings and entertainment.
Q Holding, announced the launch of a new phase of the All residential units in this luxurious community
leading gated community in the heart of the capital. have one thing in common: spaciousness, which is
“This project was designed to embody our vision which unprecedented in the UAE. A feature that offers a
stresses sustainability and leadership in quality life. It new concept of serenity, contemporary, and luxury
provides a destination of choice for those who look for a life. This is to be added to the project’s proximity to
life of luxury, creativity, and serenity. The residential units Abu Dhabi’s city center.
of this phase were designed to be the new benchmark Talking about the anticipated reaction of both clients
in terms of interior and exterior spaciousness, even in and investors toward the new phase, Mr. Ben Hudson,
the smallest units, in addition to contemporary layouts Chief Executive Officer at Q Properties said, “We can
and competitive pricing in the UAE.” said Mr. Majed predict the level of trust of clients and investors in our
Fuad Odeh, CEO of Q Holding, the parent company of Q project if we consider the fact that all residential units
Properties, as he comments on the new launch. of Phase One and Two of the project have already been
The new phase features five clusters of 593 luxurious sold before the Phases were officially announced. We
residential units, with various layouts and sizes to suit are very happy for this trust, and we really thank all
all kinds of tastes and preferences. They consist of 16 our valued clients, investors and real estate agents for
majestic villas of 5, 6, and 7 bedrooms, directly and the faith they put in Q Properties and the new concept
beautifully facing the pristine beach of the Arabian Gulf. of luxury achieved in the Reem Hills project.”
It also consists of 77 villas of 4 bedrooms, 128 twin Last September, Q Properties announced that all
villas of 4 bedrooms, and 372 townhouses of 3 residential units of Reem Hills’ Phase One and
bedrooms, of various sizes and layouts, all carefully Two were sold in a record time, which reflects
positioned along green neighborhood parks and unprecedented interest from clients and investors,
community parks, with tracks for jogging and cycling. and solid confidence in Q Properties and its vision
All clusters are beautifully organized with clubhouses and achievements.
24 Real Estate
Al Hamra launches sale of sea view villas on RAK island
Al Hamra, a leading lifestyle project developer in the among regional and global buyers.»
UAE, has announced the release of the remaining «We have been witnessing a continual shift in the
inventory on Falcon Island in Ras Al Khaimah which investor demand in waterfront developments and
includes the premium 4–5-bedroom standalone sea- designing projects in response to our customer’s
view and 3–4-bedroom canal view villas. evolving needs provides us an edge, attracting both
This comes close on the heels of the successful sale end-users and investors,» he noted.
of all two- and three-bedroom homes on both North According to him, the exclusive freehold island living
and South Islands, said the Emirati developer. project is slated to be completed within two years.
With an upsurge in demand for villas and townhouses «Enabling works began on site in September and while
in safe destinations away from the metropolises and the groundwork on North Island has finished ahead of
the busy city lives, the buyers are keen to invest in Al schedule, work on South Island is also progressing
Hamra’s exclusive island living project for their first well. The infrastructure works package for the project
homes as well as seasonal and second homes in the was awarded in January 2023 and the main works
nature emirate. package will be awarded in February,» he added.
Located within a 3-mile growth corridor of the Catering to the soaring demand for competitively
northern emirate in the fully integrated community of priced beachside and waterfront homes, the newly
Al Hamra Village, Falcon Island is in close proximity released inventory of 3 and 4-bedroom canal view
of Wynn Resort, the upcoming first of its kind gaming villas are priced between AED3 to AED4 million,
and integrated resort in Mena region. while the 4 and 5-bedroom sea-view villas are priced
With open landscaped spaces and expansive frontages between AED6.5 million to AED10 million, offering
that let in the light on canal or ocean views, these excellent value for money and long-term returns, said
contemporary villas aim to deliver a lifestyle that the statement from Al Hamra.
surpasses all previous developments in the emirate, The Falcon Island development builds on Al Hamra’s
it stated. legacy of leading the phenomenal transformation
Group CEO Benoy Kurien said: «Falcon Island, since of Ras Al Khaimah into a sought-after destination
its launch, has been serving as an investor magnet, for living, working, leisure, and investment under
further reaffirming the growing appetite for premium its ambitious five-year roadmap that seeks to drive
exclusive island living and Ras Al Khaimah as a sustained growth in the emirate through strategic
destination of choice for investing, living, and playing developments, it added.
Contractors News 25