Aldar Offers Retrofit Solutions to Reduce Energy Consumption and Reach Lower Community Service Charges
Imkan Properties, one of the leading developers in Abu Dhabi, plans to launch several new projects in the near future due to a high demand for property in the Emirati capital.
Being the subsidiary of Abu Dhabi Capital Group, Imkan has reached remarkable heights in the real estate sector and showed remarkable sales performances, including the sell-out of Pixel, located on Reem Island, which is the first phase of AlJurf Gardens, strategically situated between Abu Dhabi and Dubai, as well as Nudra on Saadiyat Island, the most cultural location in the Emirati capital.
The portfolio of Imkan includes 26 projects across three continents. All of them are created to provide residents with maximum comfort and are considered financially safe for investors. New projects, which will be presented this year, include the second phase of AlJurf, and the projects in the Makers District on Reem Island.
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AlJurf turned out to be a desirable destination for expats wishing to purchase a residential unit between the major Emirati megalopolises, and make a profitable investment. The first phase of AlJurf consists of 293 ranch-like villas and will be completed in 2023, while the second phase will comprise 98 villas. Residents will have access to a private beach, a private marina and a large park. The community also boasts 1.5 km of white sandy beaches and will be provided with all the necessary infrastructure, including the first SHA Wellness Clinic in the Middle East, which will allow residents of the development to lead a healthy lifestyle.
Makers District is a creative community offering 3,700 residential units. The community plans to become one of the most iconic places in Abu Dhabi, where residents will get access to retail and dining options, as well as co-working spaces and entertainment & leisure facilities, including world-renowned world installations, exclusive access to the beach and more.
In H1 2022 the Abu Dhabi real estate market has continued to recover from the Covid-induced slowdown. There were 7,474 real estate transactions worth over AED 22.5B (USD 6.13B) recorded during this period. The Emirati capital attracts foreigners from all over the world, and the developers are trying hard to satisfy their needs. Thus, the second phase of Bloom Living in Madinat Zayed by Bloom Holding which houses over 4,000 residential units, Yas Park Gate by Aldar Properties which will consist of 508 homes within close proximity to Yas Park, as well as Reem Hills by Q Properties; a gated community which is planned to be built on a man-made hill were all launched very recently.
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