Reeman Living is a new complex by one of the leading development companies in Abu Dhabi – Aldar Properties. It is the second residential project to be launched under the developer’s ‘Living’ collection. The community has a first-of-its-kind design concept, targeted towards people who desire to connect to the world, without any compromise.
The anticipated date of handover is set to be in January 2026 and the construction will start in Q3 2023. The first phase of Reeman Living will offer 630 residential units, which will include studios and 1-3 bedroom apartments, and property owners will be able to choose one of two themes for the interior finishes. Living areas of residences will range from a compact 280 sq. ft to a generous 1,141 sq. ft.
The apartment complex will be distinguished by a well-developed infrastructure, which offers various retail and F&B offerings. There will be a wide range of amenities in the project such as multipurpose rooms, community centres, a children’s playground, mosques and a school. Residents will also enjoy sports facilities including running trails and bike lanes.
Aldar is well-known for its sustainable development and the complex of Reeman Living will provide different sustainability features, such as high-efficiency energy and water fittings, as well as green building technologies. In addition, the project will be designed to achieve a two-pearl Estidama Rating.
The initial cost of an apartment in the Reeman Living project, as of Q1 2024, is AED 400,000 (USD 109,000).
The anticipated service charge will be AED 13,5 (USD 3,7) per sq. ft of the final Unit Internal Area, representing a competitive price point whilst maintaining the quality of the development.
The real estate in the community is freehold which means both local and international investors can purchase a residence here.
*The price is valid for 2024
The stunning complex of Reeman Living is situated within the Al Reeman master community, in the area of Al Shamkha, with neighbouring districts including Al Falah and Madinat Al Riyadh. The main advantage of the project’s location is its very close proximity to Abu Dhabi International Airport, which can be reached within a 15-minute drive.
The residential community by Aldar has good transport accessibility, as several main highways of the emirate, such as Sheikh Maktoum Bin Rashid Road and Sweihan Road are situated nearby.
Residents of Reeman Living will have easy access to a well-developed infrastructure within the Al Reeman community. The supermarkets within the neighbourhood include Brookland Supermarket, NOOR AL IZDIHAR SUPERMARKET, and a few more. The shopping malls in the area are presented by Makani Mall Al Shamkha and AL SHAMKHA MALL.
Top schools and nurseries are located near the development of Reeman Living, and include Teddy bear Nursery – Al Shamkah, Al Yasat Private School, Al Aasimah Primary School, ADNOC Technical Academy and many others. All the above-mentioned education institutions can be reached in about a 5-10 minute drive from the development.
Reeman Living by Aldar provides its residents with design-led and urban living at a more accessible price point. Apartments with spacious configurations in the community with family-oriented amenities are targeted towards both young couples and families with children. The advantageous location near Abu Dhabi International Airport will be a big selling point for those who travel frequently, for example, business professionals who have either a business or who work in the emirates of Dubai and Abu Dhabi.
Al Shamkha, where Reeman Living is located, is one of the most popular freehold areas in the UAE capital and is part of the strategic 2030 vision for Abu Dhabi. The complex of Reeman Living is being launched following the rapid sell-out of the first development within the ‘Living’ collection called Manarat Living, whose success is a clear demonstration of the high demand for more accessible properties with a design-led aesthetic. In addition, Reeman Living builds upon Aldar’s Al Reeman and Al Reeman 2 developments, which have demonstrated strong responses from both owners, occupiers and investors.
Purchasing a modern residence in the newly launched community will be a profitable investment, which will generate a high ROI of 10%. The starting rental price for a 1-bedroom apartment in the project constitutes AED 45,000 (USD 12,000). The Aldar developer offers investors two payment plan options to choose from, either 40/60 payment plan or a 60/40 payment plan.
Agents of Metropolitan Capital Real Estate have a high level of experience and are ready to provide you a full range of services related to real estate in the UAE capital. We will help you with choosing and acquiring the property in the newly launched project of Reeman Living, as well as in other residential projects of Abu Dhabi. Other services that our company offers are renting and selling property, crediting assistance, high-quality legal services, property management and visa support. In addition, you will get clear answers to any question, such as how much real estate costs in different areas of Abu Dhabi, where better to purchase a residence, and what is the average ROI from property in the emirate.
*The price is valid for 2024
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