Under construction properties
Reeman Living
$196,700 — $331,900
Property type:1 bedroom, 2 bedroom, 3 bedroom
Two-Year Price Appreciation:35%
District:Abu-Dhabi, Al Shamkha
Developer:Aldar
Class of the property:"C"- Class of the district:"B"
Rating Masterpiece:5★- Reliability of the developer:4★
Down payment:5%- Payment plan:40/60
Completion date:Q1 2026
About district
Location
- DistrictAbu-Dhabi, Al Shamkha
Al Shamkhah is a residential neighbourhood located far from central Abu Dhabi. On the north-eastern side, it borders the major highway in UAE, Sheikh Mohammed Bin Zayed Road (E311). Along the northern length of the community, Sweihan Road leads towards the outskirts of Abu Dhabi. Al Shamkha Abu Dhabi is strategically located closer to the industrial area of Mussafah. The residential community is currently under development. It will be home to around 22,000 people when it is completed.
Al Shamkha is one of the most popular freehold areas in Abu Dhabi. Some areas around the community were redeveloped in 2016. The Municipality of Abu Dhabi and Abu Dhabi Housing Authority has overseen the development of residential plots within the area. Many projects are still under development and should be completed soon as Al Shamkha is part of the strategic 2030 vision for Abu Dhabi. Due to the recent construction, many communal facilities such as schools, commercial spaces, health facilities, parks, entertainment options, cycle lanes and mosques have been added.
Al Shamkha is one of the most popular freehold areas in Abu Dhabi. Some areas around the community were redeveloped in 2016. The Municipality of Abu Dhabi and Abu Dhabi Housing Authority has overseen the development of residential plots within the area. Many projects are still under development and should be completed soon as Al Shamkha is part of the strategic 2030 vision for Abu Dhabi. Due to the recent construction, many communal facilities such as schools, commercial spaces, health facilities, parks, entertainment options, cycle lanes and mosques have been added.
About developer
Aldar
Aldar Properties is a reliable developer with a brilliant reputation on the world market. Huge interest among potential investors is aroused by their move-in ready as well as off-plan projects. The company offers attractive options and payment schemes that allow anyone who wants to buy an apartment in Abu Dhabi to invest their money profitably and make dreams of high-quality and bringing a stable profit Real Estate come true.
Aldar Properties PJSC together with its main representative office in Abu Dhabi is one of the largest construction, investment and management organizations in the UAE. Leading their history since 2004, the company is engaged in the implementation of large-scale projects for the development of various districts in the UAE capital.
The first implemented project was the grandiose Al Jimi Shopping Centre which received a high ICSC award and became the only commercial Real Estate object in the country awarded such a high honor.
In 2007 the company entered the international arena by merging with the Malaysian construction company South Johor Investment Corp. At the same time they announced their intentions to build a multifunctional premium-class complex in the capital of Kazakhstan.
Aldar Properties PJSC together with its main representative office in Abu Dhabi is one of the largest construction, investment and management organizations in the UAE. Leading their history since 2004, the company is engaged in the implementation of large-scale projects for the development of various districts in the UAE capital.
The first implemented project was the grandiose Al Jimi Shopping Centre which received a high ICSC award and became the only commercial Real Estate object in the country awarded such a high honor.
In 2007 the company entered the international arena by merging with the Malaysian construction company South Johor Investment Corp. At the same time they announced their intentions to build a multifunctional premium-class complex in the capital of Kazakhstan.
About building
About Reeman Living
Introducing Reeman Living by Aldar, a groundbreaking residential project in Abu Dhabi. It presents a first-of-its-kind design concept that combines urban living, affordability, and connectivity. The community offers a range of residential properties, including apartments, townhouses, and villas, with modern aesthetics and high-quality finishes. Reeman Living's innovative approach provides a stylish and comfortable living environment for individuals seeking a vibrant lifestyle without compromising on affordability.
Located within the community, Reeman Living features a retail and F&B hub, offering a diverse selection of shops, restaurants, and entertainment options. This ensures that residents have convenient access to everyday amenities and leisure activities right at their doorstep. The project's well-curated retail scene adds to the vibrant and dynamic atmosphere of Reeman Living, enhancing the overall living experience for its residents.
Features / Amenities
Parking
Outdoor Terrace
Fitness Facilities
Multipurpose Rooms
Indoor Playground
Bike Lanes
Running Trails
Retail And F&B
Apartment
Floor Plans
1 bedroom / 521 sqft
$196,700 — $210,000
2 bedroom / 793 sqft — 799 sqft
$231,900 — $251,900
3 bedroom / 1061 sqft — 1138 sqft
$317,600 — $331,900
Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.
Example of the agreement
Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.
Title Deed
Title Deed
Learn all the details about this project on the free zoom-consultation with our real estate advisor
As a result of the meeting, you'll receive:
Personalized investment strategy
Detailed Сash-on-cash calculation
Legal tax optimization options
Insights about mortgage and purchase process
Head
office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
© 2024 Masterpiece Group. All Rights Reserved
E-mail:
Phone:
License №1092965
P.O. Box:
454924
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE
MSM 1 Building, Al Safa 1,
Dubai, UAE
