Aldar launches new €96.5m Reem Island project (AE)

Aldar launches new €96.5m Reem Island project (AE)

Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading listed property development, investment and management company, has announced the launch of Reflection – a new €96.5m (AED 440m), boutique residential development on Reem Island. Sales for Reflection will commence on Saturday 31st March at Aldar's sales centre on Yas Island, with prices starting from €127,251 (AED 580,000).

 

Reflection consists of two towers offering 374 homes (182 & 192 apartments in each), comprising studios, 1, 2, and 3 bedroom apartments. Available for purchase by all nationalities, Reflection offers homeowners and investors the opportunity to secure a high-quality home in a prime city location.

 

Talal Al Dhiyebi, Chief Executive Officer, Aldar, commented: "We are delighted to bring Reflection to the market. We have witnessed sustained demand for this type of product – led by high-end amenities, in prime locations, and affordable for a wide range of customers. Reflection represents Aldar's continuous evolution in this boutique segment, and we look forward to sales starting on 31st March."

 

Residents will enjoy fantastic views over Reem Island and benefit from the spacious pocket park that sits between and connects the two towers. Reflection also features an outdoor seating area, lounge, outdoor fitness area and yoga deck, indoor gymnasiums, infinity swimming pools, ground level parking, and retail outlets.

 

Attractions such as Shams BOUTIK, Sun & Sky Towers, Gate and Arc Towers, the Reem Island Canal, and Shams Beach are only a five-minute walk from Reflection. Other nearby attractions and amenities include Reem Central Park, Sorbonne Abu Dhabi University, Repton School, Burjeel Day Care Centre. Reem Island also offers convenient access to world-class retail and hospitality, health and education services nearby, including the Rosewood Hotel, Four Seasons, Galleria Mall, and Cleveland Clinic.

 

Construction is expected to commence in 2018 with 2021 targeted for Reflection's completion.

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