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Aldar launches 1,272 units at The Bridges for mid-market segment

UAE - April 18, 2017
Bridges

UAE’s Aldar Properties has launched the Bridges, a new DH1.3 billion ($353.9 million) aimed at Abu Dhabi’s mid-market segment.

The Bridges features two plots separated by the new 2.4km canal that runs through Reem Island. Each plot holds three towers with 636 homes which will be leased as part of Aldar’s investment program.

Altogether, the Bridges includes 1,272 units offering eight different types of units including studios, 1, 2, and 3 bedroom apartments. Featured for sale at Cityscape Abu Dhabi, one of the towers has units starting at DH450,000.

Mohamed Khalifa Al Mubarak, chief executive Officer of Aldar Properties said:“We have launched The Bridges in order to cater to the significant demand for high quality, yet affordable homes in prime investment zone destinations across Abu Dhabi… (It) will appeal to both investors and owners.”

Located next to a new public park, the project will include gymnasiums for males and females, private courtyard with pools for adults and children and an outdoor fitness area.

Furthermore, construction will begin in Q4 2017 while handover will be ready during Q1 of 2020.
Aldar has also announced last week that work on its seven main projects is moving according to schedule. Yas Island’s Ansam and Al Raha Beach’s Al Hadeel projects will be handed over in September 2017.

 

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