By Staff writer
Abu Dhabi developer says more than 400 apartments will go up for sale on June 13-14
Aldar Properties has announced plans to launch sales for its Meera residential development in Shams Abu Dhabi on Reem Island on June 13-14.
Meera features two 26-storey towers overlooking a landscaped park, with 408 one, two or three-bedroom apartments.
Aldar said in a statement that prices will start from AED900,000 for one bedroom, AED1,200,000 for two bedroom and AED1,600,000 for three bedroom.
Mohammad Al Mubarak, CEO at Aldar said: "Meera offers buyers the chance to own an attractive home in one of Abu Dhabi's most desired destinations, Shams Abu Dhabi.
"Due to the strong demand for mid-market residential properties in prime locations in the capital, we are expecting high interest in the development from owner-occupiers and investors that are seeking homes and strong return on investment."
Aldar said a number of neighbourhood and community amenities will complement the buildings, including a canal, parks, a public beach, mosque, schools and hospitals, healthcare facilities, and retail outlets.
An MPM market report on Abu Dhabi's real estate sector in H1 highlighted a high demand for studio, one and two-bedroom apartments, with smaller residential units providing investors with the highest yields.