Friday 18 January 2019

Nareel Island project ... to offer 148 villa plots in Abu Dhabi.

Aldar announces sale of key Abu Dhabi plots

ABU DHABI, May 10, 2015

Aldar Properties, a leading property developer in Abu Dhabi, UAE, has launched the first public sales of 32 plots at Nareel Island, a master-planned island community for Emiratis in the heart of the city.

Nareel Island is close to the exclusive Al Bateen area of central Abu Dhabi, the prestigious Emirates Palace and Etihad Towers, and overlooks the Arabian Gulf. The development consists of two islands comprising 148 villa plots, many with outstanding waterfront access.  

The launch follows the successful off-market sale of the first phase, which saw strong demand from the UAE nationals from across the country leading to Dh500 million ($136 million) in sales.

Commenting on the launch, CEO Mohammad Al Mubarak said: "We are pleased with the strong demand we saw in the off-market sales period. The exceptional location of Nareel Island in the heart of Abu Dhabi makes it a once in a lifetime opportunity for Emiratis who are looking to build homes for themselves and future generations."

"We are confident that it will continue to see strong demand over the coming sales phases," he added.

Aldra said the land plots have been uniquely designed to allow citizens to develop homes that meet their own personal needs.

The development’s masterplan has been carefully created to provide an exclusive living experience for UAE families within a gated community. Purchasers will be provided with clear design guidelines, to ensure that Nareel Island is developed in line with the community’s aesthetic identity, it added.-TradeArabia News Service

Tags: UAE | abu dhabi | Aldar | Plots |

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