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Aldar launches new USD 544mln villa development in Abu Dhabi

Article-Aldar launches new USD 544mln villa development in Abu Dhabi

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Abu Dhabi developer Aldar launches AED 2 billion residential villa project as demand for housing rise in the capital

Aldar has launched the second phase of Alreeman II project, Fay Alreeman with 554 villas available for purchase exclusively by UAE nationals.

“Following strong demand for infrastructure-enabled land plots in phase one, Fay Alreeman will see the launch of 554 villas available in 3-,4-,5- and 6-bedroom layouts, with average sizes ranging from 301 sqm for a 3-bedroom villa to 507 sqm for a 6- bedroom villa. Public sales of the villas will commence on 24 April, with prices starting from AED 2.7 million. Handovers are expected to commence in the final quarter of 2025,” revealed Aldar in a statement.

With the entire Alreeman II development spread across an area of 2.4 million sqm, villas will be available in a choice of three elevations: Mediterranean, modern Arabic, and contemporary. Internally, all villas will have a light or dark colour scheme. Property designs were based on focus group studies with Aldar’s customers to ensure a customer-centric approach to the product.

Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “Alreeman II has been well received by the market as UAE Nationals continue to seek well-priced, high-quality and comfortable living spaces in desirable destinations across the Emirate. Launching a range of villas in the second phase is a direct response to the demand we have seen in the market for a ready product that residents can quickly move into. We are also delighted to offer each home in a variety of options – a decision that is rooted in the customer research that we have undertaken, to better understand their needs and desires. We are very much looking forward to welcoming new homeowners to the community.”

In order to build a sense of community, Fay Alreeman’s master plan has been designed in clusters, each with its own parks. Incorporating sustainability, Alreeman II development has been designed to achieve a Pearl 2 rating, a sustainability rating system that was developed by the Abu Dhabi Urban Planning Council as part of its sustainable development initiative, Estidama.

 

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