Aldar properties, the leading UAE-based real estate developer, has unveiled Alreeman, its newest mixed-use master development which has the primary value that exceeds the $544m mark.
Situated in a strategic location in Alshamkha area near Abu Dhabi International Airport, Alreeman spans around 280 hectares of freehold land, which means that non-UAE citizens will be able to invest in it. Alreeman is going to comprise both residential and commercial land plots which will be offered for sale starting from January 19.
It is worth mentioning that one of the key announced features of the master development is that the land owners will be able to design the property they want to build on their land with the exact specifications they need.
In his comment on announcing the new project, Talal Al Dhiyebi, CEO of Aldar Properties explained that Alreeman aims to meet the needs of the mid-income homebuyers as it provides the chance to live in a community that houses all the needed facilities and services.
On the other hand, Maan Al Awlaqi, the executive director of commercial at Aldar Properties, added that Alreeman comes after Aldar’s previous developments which targeted mid-income market segments, like Water Edges and Alghadeer, have witnessed a surging level of demand.