Alreeman II by Aldar Properties

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.

Key advantages

Residents of the upcoming community will benefit from many amenities such as schools, shops, cafes and restaurants, gardens, and swimming pools. To bolster recreation and an active lifestyle, Alreeman II will be equipped with running and cycling paths, fitness centres and sports grounds.

Infrastructure

Upon completion of Alreeman II, property owners will be able to benefit from a school, retail outlets, parks, and mosques right on their doorstep. Meanwhile the nearest supermarkets of Shewamek, Me grocer, Lulu Express — Shawamekh and Dlly Mlly Supermarket can be reached within 10–15 minutes’ by car. For a better shopping and entertainment experience, residents can head to Makani Mall Al Shamkhah and Al Shamkha Mall, which are both located a 15 minute drive away. 

The area boasts a variety of prestigious educational facilities, including Mohammad Bin Al Qasim School, ADNOC Technical Academy, Al Reyada School, Al Manara Private School Al Shamkha Branch, Al Qimma School, Wales International School, ABC Private School, and Alshamkh school. The following nurseries are no more than 10 minutes’ away from Alreeman II: Al Dana Private Nursery Al Shamkha, British Home Nursery Al Shamkha City, Small Stars Nursery, and Happy Jump Nursery Al Shamkha. There is a Al Jazira Football Academy and Baniyas Sports & Cultural Club, which are both located just a 6 minute drive away from the community. 

Sama Al Shamkha Medical Center is a stone's throw from the development, while Shamkha Medical Center is easily accessible in just 11 minutes drive.

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The community of Alreeman II is located in the eastern part of Abu Dhabi, which is a 40-minute drive from the centre of the capital. As part of Al Shamkha, the residential development will benefit from all the infrastructural improvements through the implementation of the Abu Dhabi Economic Vision 2030.

There is convenient access to the Shk. Maktoum Bin Rashid Rd., which makes it easy for residents to travel around the rest of the emirate. Abu Dhabi International Airport is located within 15 minutes’ by car from the area. 

The neighbourhooding areas of Khalifa City and Al Raha Beach, which can be reached in a 20–25 minute drive, offer more infrastructure and opportunities for work and leisure. Masdar City is also not far from Alreeman II, and is the first fully carbon-free residential and commercial development, famous for applying the latest technologies and green solutions to its infrastructure. Masdar City plans to create 60K new jobs for highly qualified specialists from all over the world.

Yas Island, located a 25 minute drive away, features the best entertainment parks, including Ferrari World Abu Dhabi, Yas Waterworld Abu Dhabi and Yas Marina Circuit, as well as huge Yas Mall and Yas Marina.

Economic attractiveness

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.