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Starting from AED 680,000
Commercial-property, Plots
About the Project
Alreeman II is an investment zone in the popular area of Al Shamkha in Abu Dhabi. The project was designed exclusively for UAE nationals due to high demands to create a fully-integrated local community with a developed infrastructure. The master developer of Alreeman II is Aldar Properties, which is rightfully considered to be one of the leading real estate companies in Abu Dhabi. The community features 1,709 plots for villas, spanning across an area of 25.8M sq. ft. The buyer will obtain ownership of the land as well as the building permit within Alreeman II. There are three basic sizes of land plots available on offer: 5,489 sq. ft, 8,072 sq. ft. and 10,980 sq. ft. Plot owners are provided with an attractive opportunity to design their dream customized villa, based on their own preferences and needs under the approved GFA limits. It is worth noting that the cost of commercial land plots are discussed individually, depending on the area, location and its purpose in accordance with the area development plan.
Available Units
Commercial-propertyPlots
Nearby Landmarks
Alreeman II offers buyers the perfect opportunity to create a comfortable residence of your own design in a convenient location with excellent transport accessibility. The investment in Alreeman II has a high capitalization potential due to the growing demand for land and housing in the Al Shamkha area of Abu Dhabi. For instance
when Alreeman I was launched
over 80% of land plots for the construction of villas were sold within just a month from the sales start date. The capital value of residential property in the investment zones of Abu Dhabi
which includes Al Shamkha
grew by 4.1% in the first quarter of 2021. The gross yield of the same villas was 6.9% per annum during the same period. Following this tremendous success
acquisition of a land in Alreeman II would be a profitable investment
both in terms of generating permanent rental income
and in terms of increasing the market value of property for resale to third parties.
