- Available exclusively for UAE Nationals with 3-, 4-, 5-, and 6-bedroom villas on offer
Abu Dhabi, United Arab Emirates: Aldar Properties (‘Aldar’) today announced the launch of the second phase of its popular Alreeman II development, Fay Alreeman, an AED 2 billion master-planned residential community in the Alshamkha area of Abu Dhabi. The villas within the development’s second phase are available for purchase exclusively by UAE nationals.
Following strong demand for infrastructure-enabled land plots in phase one, Fay Alreeman will see the launch of 554 villas available in 3-,4-,5- and 6-bedroom layouts, with average sizes ranging from 301 sqm for a 3-bedroom villa to 507 sqm for a 6-bedroom villa. Public sales of the villas will commence on 24 April, with prices starting from AED 2.7 million. Handovers are expected to commence in the final quarter of 2025.
In order to cater to the demand from customers for homes that are adapted to their tastes, all villas within Fay Alreeman will be available in a choice of three elevations – Mediterranean, Modern Arabic, and Contemporary. Internally, all villas will have a light or dark colour scheme. Property designs were based on focus group studies with Aldar’s customers to ensure a customer-centric approach to the product. Fay Alreeman properties cater to the needs of buyers by offering spacious floorplans with large, closed kitchens, family rooms, and majlis spaces, among other features.
With the entire Alreeman II development spread across an area of 2.4 million sqm, residents will benefit from a wide range of amenities that will cater to their specific needs and interests; a school, retail offerings, parks, mosques, and running and cycling tracks are all available in the community.
Rashed Al Omaira, Chief Commercial Officer at Aldar Development, said: “Alreeman II has been well received by the market as UAE Nationals continue to seek well-priced, high-quality and comfortable living spaces in desirable destinations across the Emirate. Launching a range of villas in the second phase is a direct response to the demand we have seen in the market for a ready product that residents can quickly move into. We are also delighted to offer each home in a variety of options – a decision that is rooted in the customer research that we have undertaken, to better understand their needs and desires. We are very much looking forward to welcoming new homeowners to the community.”
Fay Alreeman’s masterplan has been designed in clusters, each with its own parks and amenities, in order to build a strong sense of community. The community was designed to ensure individuality between properties and to cater to prominent customer needs, which include the desire for larger kitchen spacing, enhanced flow across housing units, and more modern-looking homes. The development is located in close proximity to the Abu Dhabi International Airport, key highways and some of Abu Dhabi's major infrastructure projects and lifestyle destinations, including Yas Island, Zayed City, New Al Falah, Masdar City, and Mohammed Bin Zayed City.
As part of Aldar’s commitment to sustainability, the entire Alreeman II development has been designed to achieve a Pearl 2 rating, a sustainability rating system that was developed by the Abu Dhabi Urban Planning Council as part of its sustainable development initiative, Estidama.
For further information, please contact:
Obaid Al Yammahi
Aldar Properties PJSC is the leading real estate developer and manager in the UAE with a diversified and sustainable operating model centered around two core businesses: Aldar Development and Aldar Investment.
Aldar Development is a master developer of integrated, liveable, and thriving communities across Abu Dhabi’s most desirable destinations, including Yas Island, Saadiyat Island, Al Raha, and Reem Island. It is responsible for developing Aldar’s c. 65 million sqm land bank and includes three businesses: Aldar Projects, which manages Aldar's fee-based development management business, including AED 45 billion of government housing and infrastructure projects; Aldar Ventures, which incubates and nurtures new business opportunities and innovation areas; and Aldar Egypt, the platform focused on developing mixed-use communities in Egypt.
Aldar Investment houses Aldar’s core asset management business comprising an AED 16 billion portfolio of investment grade and income-generating real estate assets diversified across retail, residential and commercial segments. It also manages three core platforms: Aldar Education, Aldar Estates and Aldar Hospitality and Leisure. Aldar Education includes Aldar’s entire educational portfolio, including Aldar Academies, the leading education group in Abu Dhabi, with 20 schools, over 24,000 students and a growing network of 3,000 educators from over 100 nationalities, offering a wide range of curriculum and ancillary services such as a Teacher Training Academy.
Aldar Estates consolidates Aldar’s Retail Operations alongside existing Residential and Commercial real estate operations within Provis and will further include Community Management under one integrated property management platform. Aldar Hospitality and Leisure looks after Aldar’s portfolio of hotel and leisure assets, which are anchored around Yas Island and Saadiyat. It includes Aldar’s portfolio of 10 hotels, comprising over 2,900 hotel keys and managing operations across golf courses, beach clubs and marinas.
Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders.
Aldar is driven by a vision to be a leading real estate developer and manager in the region by playing a key role in the development of quality, comfortable, desirable destinations that people can live in, work at and visit.
For more information on Aldar please visit www.aldar.com or follow us on: