al gurm

Fay Alreeman by Aldar Properties

NEW LAUNCH! NEW 3-6BR VILLAS IN A RESIDENTIAL COMMUNITY FROM AED 2,7M

PLAY VIDEO
10%
DOWN PAYMENT
40/60
PAYMENT PLAN

Fay Alreeman by Aldar Properties

ABOUT FAY ALREEMAN VILLAS

About Fay Alreeman

Nestled in the coveted area of Al Shamkha, Fay Al Reeman is a prestigious residential project in Alreeman by the largest listed developer in the UAE; Aldar Properties. This project is available exclusively for UAE and GCC nationals, in which prospective real estate buyers are presented with the opportunity to choose from a selection of 3-6 bedroom villas, from a total of 554 units. The GFA of the properties range from 3,239 sq. ft to 5,360 sq. ft, providing enough living space for large families with children.

In terms of layouts, the villas in Fay Al Reeman will boast the following amenities:

• Private swimming pool
• Majlis
• Maids room with an attached bathroom
• Garage
• Driver’s room
• Terrace
• Barbecue area
Starting from AED 2,7M
For a more customised look, the master developer is offering the below-mentioned design options for specific villas:

• 3-bedroom villas - Mediterranean
• 4 and 5-bedroom villas - Mediterranean and Modern Arabic
• 6-bedroom villas - Mediterranean, Modern Arabic and Contemporary

All units are sold unfurnished, however, there is a Premium package available, which includes kitchen and laundry appliances. Potential buyers and investors also have the opportunity to upgrade with premium finishes and a marble staircase, as well as change the floorings in the bedrooms. The service charge for the Fay Al Reeman amounts to just AED 2 (USD 0.5) per annum.

It is worth noting that upon completion of the villa development, residents will be surrounded by an array of social infrastructure facilities, such as mosques, schools, community parks, supermarkets, pharmacies, retail areas and more. As the entire Alreeman development aims to promote an active lifestyle in Abu Dhabi, its master plan also includes communal gyms, swimming pools and outdoor fitness areas.
INTERIORS
EXTERIORS

Gallery

Gallery

Property Prices

The starting price for a 3-bedroom villa in Alreeman amounts to AED 2,700,000 (USD 735,000).

It is also worth taking a look at commercial plots in Alreeman, where you can construct residential and/or commercial buildings for subsequent sale/lease.

Floor Plans

3 BEDROOMS
4 BEDROOMS
5 BEDROOMS
6 BEDROOMS

Location

yas island

LUXURY PROPERTY ON

Al Shamkha

As mentioned previously, Fay Al Reeman is part of Al Shamkha, which is adjacent to the Mussafah Industrial Zone. Within close proximity to the development, homeowners will be able to benefit from Sheikh Maktoum Bin Rashid Road, which is one of the main highways in Abu Dhabi. Additionally, there are multiple bus stations that can be found within a 20-minute walk of the future community, such as Tawi Al Khusous St/Jamla Mohamed Al Muhairbi Mosque and Tawi Al Khusoub St/Al Ranhal St, among others.

Meanwhile, it will take about half an hour to reach the following academic facilities, as well as cafes and restaurants:

• Al Jazira Academic
• Mohammad Bin Al Qasim School
• Al Jazira Football Academy
• Tea Plaza
• Noor Al Fajr Cafeteria
• Al Barza

Within a 5-minute drive it is possible to access prestigious medical institutions including Dr Mustta and Sama Hospital Shamkha. Other destinations located within the same distance include:
• Al Shamkha Mall
• Makani Al Shamkha Mall
• Al Shamkha Nursery
• Barney Home Nursery Al Shamkha Nursery
• Al Jeel Kindergarten
• Bonat Al Ghad Kindergarten

For the ultimate leisure and entertainment experiences, homeowners of Fay Al Reeman will be able to visit Yas Island, which is just 25 minutes’ away, and is home to not only a range of record-breaking theme parks, but also houses SeaWorld, with the world’s largest aquarium. Meanwhile, the mainland of Abu Dhabi is located slightly over half an hour away by car.

Payment Plan

40/60
50/50
60/40
UPON SIGNING SPA
APRIL-22
10%
CONSTRUCTION STARTS
1-OCT-22
5%
INFRASTRUCTURE WORKS 50%
30-APR-23
10%
VILLA SUPER STRUCTURE COMPLETION 50%
30-NOV-23
5%
VILLA SUPER STRUCTURE COMPLETION 100%
30-JUN-24
5%
FACADE SUBSTANTIAL COMPLETION
28-FEB-25
5%
COMPLETION
31-OCT-25
60%
UPON SIGNING SPA
APRIL-22
10%
CONSTRUCTION STARTS
1-OCT-22
10%
INFRASTRUCTURE WORKS 50%
30-APR-23
5%
VILLA SUPER STRUCTURE COMPLETION 50%
30-NOV-23
10%
VILLA SUPER STRUCTURE COMPLETION 100%
30-JUN-24
10%
FACADE SUBSTANTIAL COMPLETION
28-FEB-25
5%
COMPLETION
31-OCT-25
50%
UPON SIGNING SPA
APRIL-22
10%
CONSTRUCTION STARTS
1-OCT-22
10%
INFRASTRUCTURE WORKS 50%
30-APR-23
10%
VILLA SUPER STRUCTURE COMPLETION 50%
30-NOV-23
10%
VILLA SUPER STRUCTURE COMPLETION 100%
30-JUN-24
10%
FACADE SUBSTANTIAL COMPLETION
28-FEB-25
10%
COMPLETION
31-OCT-25
40%

Economic Appeal of Fay Alreeman

Due to the rise in demand for residential land plots in the Al Shamkha area, the investment in Alreeman has high capitalization potential. That being said, in the case of the first phase of Alreeman, more than 80% of land plots sold out within a month from the launch date, generating a total of AED 1.6B (USD 435.6M), which proves the ongoing interest from real estate investors in this development.

When buying a villa in this development, you will be able to use it not only as a private residence, but also to generate lucrative income. According to Property Finder, the average annual rental price for a 3-bedroom villa in Al Shamkha is AED 110,000, as of Q2 2022, and the ROI in this area is set at around 7%. It is worth noting that as part of the promotional campaign, Aldar Properties offers a bulk discount of 2% if the purchase amount exceeds AED 10M (USD 2.72M). The completion date of Fay Al Reeman is scheduled for Q4 2025.

YOU CAN GET A FREE CONSULTATION

Let us tell you more
Download brochure
Brochure will be automatically sended on your email. Please provide valid email address.