Reportage Properties make a special offer on 4 projects in Abu Dhabi
2,600 housing units in Masdar City , “Al Maryah” and “Yas” Islands
Abu Dhabi,19 November 2021: Reportage Properties, the leading UAE real estate developer, is making a special offer on 4 projects under construction in Abu Dhabi, which includes a 5% discount, with only 1% payment until project hand over, and without a down payment.
The 4 projects are “The Gate”, which is being developed in Masdar City, “Al Maryah Vista 1” and “Al Maryah Vista 2” on Al Maryah Island, in addition to the Diva project on Yas Island.
The prices of units in the “The Gate” project start from Dhs770,000 , and the project is scheduled to be completed and delivered by the third quarter of 2022.
In “Al Maria Vista 1” which is expected to be completed by the first quarter of 2024, prices start from Dhs780.000 .
Prices in “Al Maria Vista 2”, which is scheduled to be delivered during the last quarter of 2025, start from Dhs620.000, while the units available in “Diva”, which is scheduled to be completed during the last quarter of 2024, are priced starting at Dhs510.000.
The four projects will add about 2,600 new units to Abu Dhabi market. “The Gate” will consist of 463 apartments, while “Al Maryah Vista” will provide 786 units, and “Al Maryah Vista 2”, 588 units. The “Diva” will consist of 736 housing units.
Reportage Properties is developing 12 projects in the UAE, providing about 6,000 housing units within the most important investment sites in Abu Dhabi and Dubai, in addition to a project that has been completed and delivered in Masdar City in Abu Dhabi.
Islam Ahmed Suleiman, CEO, said that they continue to make many diverse offers, which suit various segments of customers, and meet the aspirations of those wishing to buy real estate in Abu Dhabi.
Reportage Properties sales exceeded one billion dirhams between January and August 2021, compared to Dhs488mn during the first eight months of 2020, with a growth rate of about 105%.
Suleiman stressed that the real estate market in Abu Dhabi is getting robust in activity nowadays, especially with the successive initiatives aiming at supporting the economy, as well as the launch of various project packages within the “Fifty Projects” plan, which contribute to accelerating the pace of recovery from the repercussions of the pandemic.
Suleiman pointed out that Reportage Properties is committed to implementing all of its projects according to time plans, in preparation for handing them over as scheduled.
The list of Reportage Properties projects in Abu Dhabi also includes “Al Raha Lofts 1”, which provides 164 housing units, and “Al Raha Lofts 2”, which adds 110 housing units, within the Al Raha Beach area.
In Masdar City in Abu Dhabi, the “Oasis Residence 1”, which provides 612 apartments, is also being developed on schedule. “Oasis Residence 2” includes about 304 housing units, whereas, the “Leonardo Residence” project, which was delivered about two years ago, includes 177 apartments in Masdar City.
In Dubai, the “Alexis Tower” project is being developed on Sheikh Zayed Road in the Downtown Jebel Ali area to provide 378 luxury housing units. The “Rukan” tower, in the “Dubailand” area, which is being developed in cooperation with the “Continental Investment Company”, provides about 488 housing units, and “Rukan Lofts 1” includes about 349 residential villas, whereas, “Rukan Lofts 2” provides about 755 villas.
In Egypt, Reportage Properties recently launched the “Montenapoleone” project, which will be built on an area of 465,000 square meters, and will include 5,500 housing units.