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.