Last year sales topped Dhs1.6bn “Reportage Properties” to organize a special sales day in Abu Dhabi offering 10% discounts
Reportage Properties, the leading real estate developer in the UAE, is organizing a special sales day at the Sofitel Abu Dhabi Corniche, next Sunday, February 27.
The event includes a special offer on all the company’s projects in Abu Dhabi and Dubai, including a 10% discount, while other terms include only 10% down payment, and 1% monthly installments.
Reportage Properties sales in 2021 reached nearly Dhs1.6bn, compared to Dhs812mn in 2020, with a growth rate of up to 100%.
The company 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, confirmed Reportage’s keenness to organize sales events, with more special offers and discounts on all their projects in Abu Dhabi and Dubai. The offers attract large segments of customers and meet the aspirations of buyers.
He explained that the real estate market in the UAE show a noticeable increase in the demand for buying real estate in all regions, in line with the events of ” Dubai Expo 2020″, in addition to the”50 projects” initiative .
Suleiman confirmed the progress of construction works on all their projects in Abu Dhabi and Dubai, pointing to the company’s keenness to implement the projects as in the time plans, which enhances investors’ confidence in the company’s business model as well as in the UAE real estate market.
The list of Reportage Properties projects in Abu Dhabi 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” project is under development and provides 612 apartments, and “Oasis Residence 2” includes about 304 housing units, as well as the “The Gate” project, which adds 463 apartments. There is also “Leonardo Residence”, which was delivered about two years ago, and included 177 apartments in Masdar City.
On Al Maryah Island, Reportage is developing the Al Maryah Vista project, which provides 786 housing units, next to Al Maryah Vista 2, which will include 588 new housing units, as well as the Diva project on Yas Island, which will provide 736 housing units.
In Dubai, the “Alexis Tower” is being developed on Sheikh Zayed Road in the Downtown Jebel Ali area of Dubai, and provides 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, while “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.