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Aldar sells 90% of Shams Meera project in Abu Dhabi

UAE - December 26, 2016

Aldar Properties has announced it has sold 90% of residential units in Shams Meera.

The project is the first that targets middle-income individuals on Al Reem Island.

The company also broadcast a video that highlighted construction updates, as the project slowly takes shape.

Shams Meera launched during June 2015 and attracted new clients.

They were not only investors but also wanted to reside in the project.

This is because it offers affordable housing that lies close to the business center.

Construction is currently ongoing at the site where they are strengthening and enhancing the steel, foundation work, columns and walls of the underground floors.

Talal Al Dhiyebi, chief development officer, Aldar Properties, said: “The launch of Shams Meera is an important milestone, as it will be Aldar’s first mid-market development.

We are making good progress on this development, which will add value to Shams Abu Dhabi at Al Reem Island.”

Shams Meera features two symmetrical towers, each offering 204 units in a range of one, two and three bedroom apartments.

Prices start at Dh900 thousand for one-bedroom apartments, Dh1.2 million for two-bedroom apartments and Dh1.6 million dirhams for three-bedroom apartments.

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